Die schlechte wirtschaftliche Situation vieler Zeitungs- und Zeitschriftenverleger spiegelt nicht nur konjunkturelle Einflüsse wider, sondern ist auch begründet in spürbaren Strukturverschiebungen auf Pressemärkten, zu denen nicht zuletzt die zunehmende Bedeutung des Internets für die...

Die schlechte wirtschaftliche Situation vieler Zeitungs- und Zeitschriftenverleger spiegelt nicht nur konjunkturelle Einflüsse wider, sondern ist auch begründet in spürbaren Strukturverschiebungen auf Pressemärkten, zu denen nicht zuletzt die zunehmende Bedeutung des Internets für die...

In the literature on international trade, very little attention has been given toinformational asymmetries between firms and consumers with respect to product quality.The few economic models that analyze the question of how asymmetric informationabout product quality might affect trade flows...

This paper develops the hypothesis that the inclusion of multiple objectives into laws widens the discretionary powers of executive institutions. As the decision how to balance trade-offs is removed from the political to the executive sphere, policy making becomes less transparent and also less...

Katz (1987), DeGraba (1990), and Yoshida (2000) have formulated theories that price discrimination bans in intermediary goods markets tend to have positive effects on allocative, dynamic and productive efficiency, respectively. We show that none of these results is robust vis-à-vis endogenous...

This paper examines how different unionisation structures affect firms' innovation incen- tives and industry employment. We distinguish three modes of unionisation with increasing degree of centralisation: (1) "Decentralisation" where wages are determined independently at the firm-level, (2)...

In this paper we apply standard cartel theory to identify the major institutional stabilizers of Germany?s area tariff system of collective bargaining between a single industry union and the industry?s employers association. Our cartel analysis allows us to demonstrate that recent labor policy...

This paper examines how different unionisation structures affect firms' innovation incentives and industry employment. We distinguish three modes of unionisation with increasing degree of centralisation: (1) 'Decentralisation' where wages are determined independently at the firm-level, (2)...