By integrating a communications system with the existing power grid, smart grids provide end-to-end connectivity. This enables all entities and components integrated in the electricity supply system to exchange information without knowing the network's structure. New services and applications...

Since the beginning of the new century our electricity system is changing rapidly. Distributed energy resources, such as wind or solar energies are becoming more and more important. These energies are producing fluctuating electricity, which is fed into low voltage distribution grids. The...

The integration of modern information and communication technologies (ICT) triggers an evolutionary process from previous analog towards convergent digital infrastructures that are the basis for new, cross-domain services and applications. The implementation, however, poses new requirements and...

Telecommunications regulation has been a widely discussed topic since most OECD countries started the process of privatization of the telecommunications market in the 90s. Undoubtedly, regulatory rules exert strong impact on business development and business strategy in those industries that are...

Business ethics and corporate social responsibility (CSR) sparked a new debate in the field of business administration as well as in economic practice. The question if and how the field should integrate this topic in teaching and research is again fiercely discussed. Introductory, this article...

Departing from the almost invariably skeptical view of privacy encountered in economics, we re-evaluate privacy from the perspective of economic liberalism. We argue that the idea of freedom is fundamental to economics and that privacy can be best conceived as a specific form of freedom....