This paper offers a new and broad insight into the landscape of German cartels, utilizing a unique dataset of all illegal horizontal cartels detected by the German Federal Cartel Office (FCO) between 1958 and 2004 and all legal cartels authorized during the same time period. We also provide the...

This paper explores how consumers react towards price differentiation between on-net and off-net calls in mobile telecommunications - a pricing policy that is common in many mobile telecommunications markets. Based on a survey of 1044 students we demonstrate that some consumers may suffer from a...

This note contains an empirical analysis of the decision of German‐speaking business scholars to boycott and opt out of the best known research ranking of business scholars, initiated and published by Germany's largest business daily, Handelsblatt. Our analysis indicates that scientists who...

The German reserve power market was subject to important regulatory changes in recent years. A new market design was created by synchronization and interconnection of the four control areas. In this paper, we analyze whether or not the reforms led to lower prices for minute reserve power (MRP)....

Katz (1987), DeGraba (1990), and Yoshida (2000) have formulated theories that price discrimination bans in intermediary goods markets tend to have positive effects on allocative, dynamic and productive efficiency, respectively. We show that none of these results is robust vis-à-vis endogenous...

Der Kronberger Kreis, wissenschaftlicher Beirat der Stiftung Marktwirtschaft, fordert einen energiepolitischen Neustart in Deutschland. Bei Fortführung des Status quo drohen ansonsten die drei energiepolitischen Oberziele - Umwelt- und Klimaschutz, Versorgungssicherheit sowie Kosteneffizienz -...

Von der europäischen Schulden- und Wirtschaftskrise scheint Deutschland unbeeindruckt. Doch die derzeitige wirtschaftliche Stärke bedeutet nicht, dass das deutsche Reformmodell auch zukünftigen Herausforderungen, wie der demografischen Entwicklung und den Belastungen durch Schulden- und...

In Deutschland sind die privaten Bildungsausgaben anders zusammengesetzt als in vergleichbaren Industrieländern. Der private Finanzierungsanteil an den gesamten Bildungsausgaben ist hierzulande für die vorschulische Bildung deutlich höher als für die Schul-, Betriebs- und Hochschulbildung....

The German Federal Constitutional Court (Bundesverfassungsgericht) submitted an order for referral to the European Court of Justice (CJEU) in 2014, asking it to clarify the compatibility of the "Outright Monetary Transactions" (OMT)-Programme with European Union law. The OMT-Programme prepares...

Price levels and movements on gasoline and diesel markets are heavily debated among consumers, policy-makers, and competition authorities alike. In this paper, we empirically investigate how and why price levels differ across gasoline stations in Germany, using eight months of data from a novel...