In this paper we analyze how a firm might protect quasi-rents in an environmentof imperfect capital markets, where switching lenders is costly to the borrower, andcontracts are incomplete. As switching costs make the firm vulnerable to ex-postexploitation, it may want to diversify lending in...

In most industrialized countries electric power tariffs for residentialconsumption are higher than for industrial customers. In Russia, asin some other transition countries, this pattern is reversed, but at thesame time the overall level of tariffs is very low. Cross subsidization ofresidential...

Compared to other European countries, housing policy in Germany has been favourable towards private rented housing. As a result, the private rented housing sector in Germany is large according to international standards. It appears to be 'healthy' in terms of housing quality and social profile...

The role of Japan in China’s contemporary industrialization process is analyzed by studying five areas in which Japan might have been able to influence developments in China: Industrial Policy, Official Development Assistance, Transfer of Technology without Equity Participation, Foreign Direct...

Im betrieblichen Umweltmanagement wird heute nach den tatsächlichen Ergebnissen eines Umweltmanagementsystems sowie nach konsistenten Kriterien zur deren Messung, Bewertung und Beurteilung gefragt. Dem Ausspruch Galileo Galilei's "Messen, was messbar ist - Messbar machen, was nicht messbar ist"...