This article deals with the development of the deregulation and liberalization of the scheduled air transport within the European Community with special reference to the EC competition law. The focal point lies, above all, on the Commission's proposals for the "Second Phase of the Liberalization...

This article deals with the development of the deregulation and liberalization of the scheduled air transport within the European Community with special reference to the EC competition law. The focal point lies, above all, on the Commission's proposals for the "Second Phase of the Liberalization...

This paper presents an analysis of the structural changes the US-airline industry experienced since deregulation of that industry in 1978. The impact of concentration on competition and prices is evaluated for different segments of the market. Finally, conclusions for the ongoing process of...

This paper presents an analysis of the structural changes the US-airline industry experienced since deregulation of that industry in 1978. The impact of concentration on competition and prices is evaluated for different segments of the market. Finally, conclusions for the ongoing process of...

This paper presents an analysis of the structural changes the US-airline industry experienced since deregulation of that industry in 1978. The impact of concentration on competition and prices is evaluated for different segments of the market. Finally, conclusions for the ongoing process of...

Several RCT studies have shown that prevention of type 2 diabetes is feasible via lifestyle interventions. Nevertheless, the empirical evidence for economic effectiveness of prevention in real-world settings is scarce. We analyze costs and effectiveness of a specific type 2 diabetes prevention...

Financial returns exhibit common behavior described at best by factor models, but also fat tails, which may be captured by α-stable distributions. This paper concentrates on estimating factor models with multivariate α-stable distributed and independent factors and idiosyncratic noises under...

Many experts claim that the incidence of suicide attacks is driven by religious cleavages. To test this hypothesis, we investigate whether the total number of suicide attacks per violent conflict or the annual number of suicide attacks per country is associated with simmering religious...

We provide new evidence on the role of economic policy uncertainty (EPU) in aggregate real economic activity in the US using a multiple-horizon Granger causality framework, while allowing for infrequent shifts in mean levels and growth rates of the system variables. Our empirical investigation...

In U.S. data 1981–2012, unsecured firm credit moves procyclically and tends to lead GDP, while secured firm credit is acyclical; similarly, shocks to unsecured firm credit explain a far larger fraction of output fluctuations than shocks to secured credit. In this paper we develop a tractable...