Als wichtigstes Instrument der kommunalen Wirtschaftsförderung ist - mangels geeigneter und rechtlich zulässiger Alternativen - die Gewerbeflächenpolitik anzusehen. Welche Ziele verfolgen die Kommunen mit der Vergabe von Gewerbeflächen? Eine Befragung in 15 deutschen Großstädten gibt...

This paper investigates the incentives of a credit rating agency (CRA) to generate accurate ratings under an advertisement-based business model. To this end, we study a two-period endogenous reputation model in which a CRA can increase the precision of its ratings by exerting effort. The CRA...

We study two-sided markets with a finite numbers of agents on each side, and with two-sided incomplete information. Agents are matched assortatively on the basis of costly signals. A main goal is to identify conditions under which the potential increase in expected output due to assortative...

The paper offers a new theoretical framework to examine the role of intermediaries between creators and potential users of new inventions. Using a model of universityindustry technology transfer, we demonstrate that technology transfer offices can provide an opportunity to economize on a...