In this paper, we study how maritime ferry industries should be regulated. This is a fundamental issue in so far as maritime transport between islands and mainland is a service of general interest. We argue that the policy design crucially depends on the goals the collectivity pursues (pure...

This paper explores airline pricing behaviour dealing with two issues. The first is to measure the extent to which intramodal competition influences fares charged to travellers. The second is to shed light on fares' intertemporal profile to verify if airlines undertake intertemporal price...

This paper sheds light on the impact of bank concentration on the entrepreneurial initiative in the Central and Eastern European transition countries over the period 2000-2007. Our investigation provides evidence of a non-monotonic relationship: bank concentration promotes entrepreneurship;...