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uh lets open this uh uh key session with the in which we had the pleasure and honor to have every asman with us and i think i really dont uh dont have to uh to uh to spend any word for presenting the personality that is uh the major reference point in uh uh law and economics and organization i would say because uh for for you has been uh since a long time a major reference point but now its also for uh say us more into the management and organizational community especially thanks to his work on corporation and corporate governance so uh in and today it seems from the title that he will bring us to a journey among the basic some basic fundamental concepts in institutional and organizational economics so we are all keen to hear you welcome and thank you thank you anna its a great pleasure to be here at least virtually and um i wont uh waste more time on introductions here other state my gratitude for being in this community and i will uh um proceed to my talk here um let me make su