"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...

Ursachen von Kreditzyklen unter Berücksichtigung vollkommener und begrenzter Rationalität -- Anreizsysteme und Kreditzyklen in den USA -- Anreizsysteme und Kreditzyklen in mehreren Industrienationen.

Australia requires a strong system of adult learning to position firms and workers to succeed as skill demand changes. The country has scope to improve the coverage and inclusiveness of its adult learning system as coverage has declined since 2012, and several vulnerable groups are...