The sophisticated division of labor typical for highly developed economies represents a challenge for private law systems that evolved over centuries. The historical, comparative and economic deliberations of Tröger's analysis supply a normative foundation that can guide both, the adjudication under current German law and the development of an emerging European private law.

Autorentext
ist Inhaber der Professur für Bürgerliches Recht, Handels- und Wirtschaftsrecht, Rechtstheorie und Professor des LOEWE Center of Excellence "Sustainable Architecture for Finance in Europe (SAFE)", und Assoziierter Professor des Institute for Monetary and Financial Stability (IMFS) der Universität Frankfurt am Main.