Most German economists show strong patterns of professional specialisation. In their work, they either focus on basic research or on policy consultancy. The evidence provided by Haucap und Mödl has been used to question work incentives in academia. The suggestion to change work incentives,...

We analyze how network regulation affects investment into network infrastructure and complementary services. While regulation negatively affects investment incentives in the regulated network market, the effects of network regulation on investment in complementary services can be either negative...