Clean Development Mechanism (CDM) has given birth to an international carbon trading market prosperity, which provides developing countries with valuable opportunity to address climate change issues right along with e...Clean Development Mechanism (CDM) has given birth to an international carbon trading market prosperity, which provides developing countries with valuable opportunity to address climate change issues right along with economic development and environmental improvement to achieve sustainable development. However, most studies of CDM focus on economics, and few on its legal problems. CDM involves too many aspects. And the clear legal attribute of trading object is the basis of progress of the transaction and also the start point of legal protection. Therefore, this paper in accordance with the inherent principle of property rights economics, and environmental economics in CDM, only discusses CDM carbon emission right legal interpretation and its attribution. The paper recommends that in order to ensure and promote the carbon emission right trading, carbon emission right should be attributed into the system of real rights to be regulated by Real Right Law. In this way, carbon emission right can gain exclusive power of possession and use, which can achieve a clear right def inition of environmental goods in line with Coase's theory to protect Chinese prof it in carbon trading market and promote the development of the carbon trading market further.展开更多
This essay poses Walras＇s theory of price mechanism in its merits and limitations. Walras proposed two laws as conditions for general equilibrium, namely： （1） the law of the variation of equilibrium prices, a subj...This essay poses Walras＇s theory of price mechanism in its merits and limitations. Walras proposed two laws as conditions for general equilibrium, namely： （1） the law of the variation of equilibrium prices, a subjective condition; and （2） the law of the establishment of equilibrium prices, an objective condition. Walras jointed both laws in order to develop his law of supply and demand. This paper offers a formal Walrasian approximation in terms of the Lyapounov＇s function, taking the diagonal dominant hypothesis as departure point, rediscovered almost a century after it was originally proposed by Walras. The paper concludes with critical reflection concerning the idea of equilibrium economics as medium of social cohesion.展开更多
The development of the technology of network had been of great convenience to get access to information. However, it was undeniable that a bad phenomenon had become even more and more serious that others＇ information...The development of the technology of network had been of great convenience to get access to information. However, it was undeniable that a bad phenomenon had become even more and more serious that others＇ information would be obtained by illegal means, and the research on the protection of privacy had increasingly aroused people＇s concern. The right of privacy not only had the usually outside personality characteristics, but also had a certain characteristics of property. This paper had attempted to study the right of privacy from the perspective of law and economics by interpreting the property in the right of privacy, in order to perfect the protection system of privacy in our country.展开更多
基金supported by National Key Project of Scientific and Technical Supporting Programs Funded by Ministry of Science and Tech-nology of China in the 11th Five-Year Plan (Grant No. 2007BAC03A12).
文摘Clean Development Mechanism (CDM) has given birth to an international carbon trading market prosperity, which provides developing countries with valuable opportunity to address climate change issues right along with economic development and environmental improvement to achieve sustainable development. However, most studies of CDM focus on economics, and few on its legal problems. CDM involves too many aspects. And the clear legal attribute of trading object is the basis of progress of the transaction and also the start point of legal protection. Therefore, this paper in accordance with the inherent principle of property rights economics, and environmental economics in CDM, only discusses CDM carbon emission right legal interpretation and its attribution. The paper recommends that in order to ensure and promote the carbon emission right trading, carbon emission right should be attributed into the system of real rights to be regulated by Real Right Law. In this way, carbon emission right can gain exclusive power of possession and use, which can achieve a clear right def inition of environmental goods in line with Coase's theory to protect Chinese prof it in carbon trading market and promote the development of the carbon trading market further.
文摘This essay poses Walras＇s theory of price mechanism in its merits and limitations. Walras proposed two laws as conditions for general equilibrium, namely： （1） the law of the variation of equilibrium prices, a subjective condition; and （2） the law of the establishment of equilibrium prices, an objective condition. Walras jointed both laws in order to develop his law of supply and demand. This paper offers a formal Walrasian approximation in terms of the Lyapounov＇s function, taking the diagonal dominant hypothesis as departure point, rediscovered almost a century after it was originally proposed by Walras. The paper concludes with critical reflection concerning the idea of equilibrium economics as medium of social cohesion.
文摘The development of the technology of network had been of great convenience to get access to information. However, it was undeniable that a bad phenomenon had become even more and more serious that others＇ information would be obtained by illegal means, and the research on the protection of privacy had increasingly aroused people＇s concern. The right of privacy not only had the usually outside personality characteristics, but also had a certain characteristics of property. This paper had attempted to study the right of privacy from the perspective of law and economics by interpreting the property in the right of privacy, in order to perfect the protection system of privacy in our country.
