Our paper investigates the effect of tobacco control policies on smoking initiation in eleven European countries. We … analyze longitudinal data of individuals by using information about their age of onset of smoking. We apply hazard rate models … to study smoking initiation. Thus, we are able to take into account observed and unobserved personal characteristics as …

are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …

requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …

regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory … regulated entities – part of these costs can be regarded as the administrative burden of regulation for the private sector – but … society due to e.g. miscommunication on the aims of regulation, and are, of course, hard to quantify. A cost calculation using …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …

Social interactions are generally thought to play an important role in smoking initiation among adolescents. In this … endogenous peer effect. We show that peer effects in the uptake of smoking are predominantly affecting individuals who are …