Die Medien sind ein plastisches Beispiel für technisch-institutionelle Interdependenzen: Im Zuge der von technischen Neuerungen vorangetriebenen Marktdynamik werden tradierte institutionelle Arrangements obsolet, womit neue ordnungspolitische Herausforderungen entstehen. Wenn aber die Medien...

We show how increased competition in a media market may have implications for the competition between firms that are advertising in that medium. We apply a simple model of a product market with network externalities where firms buy advertising space in a media market and find that there is more...

An Englishman once watched his first American football game. He looked intently as the team gathered into a huddle after each play. His American host asked him what he thought of the proceedings. “Not a bad sport,” remarked the visitor, “but they do seem to engage in an excessive number of...

In dem vorliegenden Artikel werden ausgewählte theoretische und empirische Aspekte des Zusammenhangs zwischen Existenzgründungen, staatlichem Handeln und Beschäftigung diskutiert. Dabei wird die Frage, ob Existenzgründungen zusätzliche Beschäftigung schaffen überwiegend aus einer...

The paper describes the legal and economic environment of mergers and acquisitions in Germany and explores barriers to obtaining and executing corporate control. Various cases are used to demonstrate that resistance by different stakeholders including minority shareholders, organized labour and...

The effects of the three-point rule in first league German soccer are tested empirically and compared to games from the German cup-competition. The inclusion of cup games ensures that changes in league games can be attributed to the three-point rule. As a result of their relative devaluation,...

Der Bundesverband der Arzneimittel-Hersteller e.V. hat einen Forschungsauftrag zur Preisregulierung von erstattungsfähigen Arzneimitteln im generikafähigen Markt in der GKV nach dem GKV-WSG vergeben. Ausgangspunkt ist, dass das Scharfstellen der Rabattverträge zu einem aggressiven...

Rising costs in pharmaceutical expenditure have become a major concern for policy makers in Germany over the last years. Therefore the pharmaceutical market in Germany has been increasingly targeted by different kinds of regulations, focussing both on the supply and the demand side, using price,...

In the age of globalization, many economic sectors are addressed not only by the policies of national, but also of international institutions. Using three cases of highly internationalized sectors of the German economy - international tourism, telecommunications, and the pharmaceutical industry...