Abstract This article deals with current developments concerning the regulation of telecommunication in Europe (e. g. Mobile Termination Rates, Roaming). It argues that current regulation is led by political aims and less by economic theory. National regulatory authorities should have more...

Abstract Helmut Gründl discusses in his paper the effects of the present low interest rate environment on the German life insurance industry. By referring to a recent study of the “International Center for Insurance Regulation”, he assesses insolvency probabilities for life insurers with...

Abstract: The introduction of the DRG system in 2003/04 can be considered the last real hospital reform. Although the latest reform was called Hospital Structure Act due to its insufficient structural components it is sometimes referred to as missed reform. Essential aspects of the institutional...