The deregulation of the German energy sector changes transaction relations, trading processes and contract design. We report on the findings of a field research survey conductet in the deregulated German wholsale trading market between April and June 2000.

In light of the recent financial crises in the emerging markets, the coming-into-force of the financial services agreement under the GATS has been considered a success. While the agreement provides forlittle new liberalization but rather formalizes the status quo, it was feared that governments...

"Die heutige Stellung der Gebäudeversicherung (in der Schweiz; Anm. Redaktion EconBiz) als öffentlich-rechtliche Anstalt mit Monopol, Obligatorium und Annahmezwang wird durch die folgenden rechtlichen und politischen Strömungen in Frage gestellt:(...)

Over the past two decades, the financial services industry has experienced a significant increase in competition and internal rivalry. Driven by deregulation and advances in information technologies, many historical institutional distinctions among financial intermediaries have disappeared or...

Liberalization and deregulation have recently accelerated.It is therefore useful to keep risk within a certain level inrelation to capital, considering that financial institutionsmust control their risk appropriately to maintain thesafety and soundness of their operation. In 1988, the...

[...]Our analysis suggests that much of the efficiencyimprovement brought about by branching was attributable to a selection process whereby better performing banksexpanded at the expense of poorer performers. It appears thatthe branching restrictions acted as a ceiling on the size...

Since the mid-1990s, the German Federal Government has been trying to implement the liber-alization of waste management, against the resistance of municipalities. But instead of creating a new fitting regulative environment for the sector, the strong position of the municipal waste management...

If the future market wage is uncertain, engaging in long{term employment is risky, withthe risk depending on how regulated the labor market is. In our experiment long{term employment can result either from oering long{term contracts or from repeatedlyand mutually opting for rematching....

Zielvereinbarungen finden - der Literaturlage zufolge - rasch zunehmende Verbreitung. Das mag damit erklärt werden, dass sie als Universalwerkzeug betrieblicher Gestaltung dienen können, sich gar zu einem machtvollen Mittel strategischen Managements entwickeln lassen. Einen "Quantensprung zu...