GRK 1597:  The Economics of the Internationalisation of the Law

• Subject Area: Jurisprudence ; Economics
• Term: from 2010 to 2019
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 112250352

The central idea of the Research Training Group arises primarily from the application of the instruments developed within the economic analysis of the law to issues of international law and its interdependency with national legal norms. The emphasis on “internationalisation” specifically highlights the fact that such norms are increasingly derived at the levels of international law rather than through national jurisdictions. Thus the national structure of norms is subject to an expanding influence of, and partial substitution by, European and international law.
In addition to the added value for research, the interdisciplinary training also provides a significant added value for the participating doctoral students. Lawyers with in-depth economic knowledge and economists who are able to contribute the understanding of (international) legal relationships are still rarely observed. However, in light of the expanding internationalisation in almost all areas of the law, such skills are crucially important in the realm of research, national public administration as well as at the levels of European and international organisations. Undoubtedly, the doctoral students stand to benefit from the longstanding experience and excellence in research support by the faculty.
The economic analysis of the law is an area of prime expertise, which has earned international recognition through high-profile research and publications at three very reputable institutions in Hamburg: the University of Hamburg (faculty of law and department of economics), the Bucerius Law School and the Max Planck Institute for Comparative and International Private Law. Simultaneously, young scientists have consistently been supported and advanced through these institutions and the large network of international partners. Moreover, the transnational legal relations emerged as a focal point of research in the law faculty of the University of Hamburg. This is not least reflected in the strategic direction of the faculty, who has placed a core research focus on the future regulatory task of the law with regard to economisation and globalisation.

• DFG Programme: Research Training Groups
• Applicant Institution: Universität Hamburg
• Participating Researchers: Professor Dr. Jürgen Basedow (†); Professor Dr. Thomas Eger; Professor Dr. Florian Faust; Professor Dr. Michael Fehling; Professor Dr. Patrick C. Leyens; Professor Dr. Gerd Mühlheußer; Professor Dr. Stefan Oeter; Professor Dr. Hans-Bernd Schäfer; Professor Dr. Thomas Straubhaar; Professor Dr. Georg von Wangenheim; Professorin Dr. Franziska Weber
• Spokesperson: Professor Dr. Stefan Voigt