The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment … market uncertainty on R&D investment. …

Real options investment theory predicts current investment falls as uncertainty about market returns increases. In the … how patent protection influences this relationship. Patent protection, by limiting the threat of market rivalry, should …

newly available statistical data this paper provides a descriptive overview on the market for childcare in Germany from a … system is Germany where most of the childcare centres are operated by local authorities and non-profit organisations. Using …

We present and estimate a model of competition in a two-sided market: the market for magazine readership and … advertising. Using data on magazines in Germany, we find evidence that magazines have properties of two-sided markets. The results …

employees are lower even six years after the unemployment spell. If those with non-employment spells re-enter the labour market …

Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never … market are unavoidable and may counteract the direct effects of the reform. An adequate representation of heterogeneous … between labour market segments in a combined, consistent microsimulation-AGE model with a flexible representation of …

Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market …

among the most prominent predictive variables, whereas valuation ratios perform rather poorly. Yet, predictability of market …