CV

Johannes W. Flume is a professor at the Institute for Civil Law, Department for the Foundations of Private Law, Johannes Kepler University Linz. His research focuses on civil, corporate law and capital markets law as well as comparative legal history and economic history. He studied at the Universities of Regensburg, Cologne and Bonn and completed his doctorate in law in 2008. Between 2005 and 2010 he worked as a research fellow at the University of Cologne, where he also taught courses on civil law. In 2011 he was a Max Planck Scholar and Visiting Fellow at Wolfson College, Cambridge. In 2016 he spend a research stay at Columbia Law Scholl, NY. 2018 post-doctorate thesis (Habilitation) at the University of Cologne, venia legendi in civil law, commercial and company law, and legal history. Between 2018 and 2020 he was a visiting professor for private law at Freie Universität, Berlin. His research has been published in leading journals in Germany, France, Austria and the UK.


In his most recently published book “Marketexchange” [Marktaustausch] (Publisher: Mohr Siebeck) 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.