Discounting the benefits and costs of environmental regulations

This paper develops a two-stage procedure for discounting the benefits and costs of environmental regulations that is a variant of the shadow price of capital approach. Under this approach, the capital costs imposed by a regulation are annualized using the marginal rate of return on capital and then both benefits and costs are discounted using the social rate of time preference. This approach yields results that differ significantly from those of conventional discounting when benefits occur with a substantial lag or when benefits are long term.     

“The Good,the Bad and the Ugly” Reconsidered: A Comparison of German,Canadian and Spanish Labour Migration Policies

This article compares three immigration countries that are perceived, both publicly and politically, as being fundamentally different: Canada, which is allegedly one of the most attractive destination countries for labour migrants worldwide; Germany, which is still thought to be sceptical towards immigration; and finally Spain, which is considered institutionally incapable of implementing efficient labour migration policies. Against the backdrop of various political reforms that have been adopted in these countries, however, the article argues that such a distinction is becoming increasingly inaccurate. This observation is backed empirically by analysing the technique of screening labour migrants and the temporal design of labour migration policy.     

Selected Problems in the Theory of Customary International Law

Netherlands International Law Review -     

The Shadow Negotiation and the Interest-Based Approach at Kaiser Permanente

As interesting and significant as the Kaiser Permanente case is in and of itself, there were many parallel negotiations that took place just below the surface of the overt negotiations. The author focuses on this "shadow negotiation," exploring a series of strategic moves that took place in the case, enabling the parties to craft their negotiation process. These shadow negotiations involved positioning moves, process moves, power moves, and appreciative moves. The parallel shadow negotiation was a significant factor in the success of the Kaiser Permanente negotiations.