Die Arbeit analysiert verschiedene institutionelle Arrangements zur Bereitstellung von Siedlungsabfallverbrennungsanlagen zwischen Hierarchie und Markt auf Basis theoretischer und empirischer Untersuchungen. -- Arrangements ; Institutionelle ; Siedlungsabfallverbrennungsanlage

We analyze the role of different kinds of primary and secondary market interventions for the government's goal to maximize its revenues from public bond issuances. Some of these interventions can be thought of as characteristics of a "primary dealer system". After all, we see that a primary...

The purpose of this paper is to measure the potential impact of business-sector concentration on economic capital for loan portfolios and to explore a tractable model for its measurement. The empirical part evaluates the increase in economic capital in a multi-factor asset value model for...

This technical note highlights the functioning of the profit sharing mechanism of life insurance products using the example of classical German life contracts. The profit sharing and guarantee features of these contracts are potentially very costly from a capital requirements perspective, making...