Information asymmetry is a necessary prerequisite for testing adverse selection.This paper applies this sequence of tests to Mauritian slave auctions. Dynamicauction theory with private value highlights more aggressive bidding by uninformedbidders and higher prices when an informed participant...

It is not easy to write the ‘long-term’ economic history of any region in India -- which may account for the fact that very few such histories have been written. One obvious problem concerns the availability of data: where a paucity of sources for the pre-colonial period suddenly becomes...

Vorliegendes Arbeitspapier stellt das angelsächsische Board-Modell am Beispiel Großbritannien vor.

This paper pinpoints the development of the Commission's policy on rail infrastructure charges through to Directive 2001/14.

This paper emphasizes the elements of good practice, which are important to the implementation of road user charging concerning the process of the implementation of travel plans.

A one-to-one link is developed between overlapping sub-regional entities using geographi-cal tools newly available to the Economic Research Community. The aim of this project is tocreate a database exploiting the geographical variation in publicly available data, in order tobetter control for...

[...]Like the other countries examined, the United Kingdomadopted inflation targets after a successful disinflation.Unlike these countries, however, the UnitedKingdom took this step in the aftermath of a foreignexchange rate crisis in order to restore a nominalanchor and to lock in past...