Johannes W. Flume

Marktaustausch

Grundlegung einer juristisch-ökonomischen Theorie des Austauschverkehrs
[Market Exchange. The Foundations of a Legal-Economic Theory of Market Transaction.]
2019. XXI, 304 pages.
Published in German.
including VAT
  • cloth
  • available
  • 978-3-16-156898-5
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Summary
Johannes W. Flume analyses the legal foundation of markets and contracts. He formulates a theory of market exchange, which shows that markets are legal products and that all exchange contracts in a market economy are derivatives because they derive their value from underlying market prices.

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