Ziel der vorliegenden Arbeit ist es, - Voraussetzungen zur Ermittlung wertorientierter Performance Kennzahlen für Flughafenunternehmen deren Aussagekraft sowie Anwendbarkeit in der Praxis ....zu erkunden, - ausgewählte europäische börsennotierte und nicht-börsennotierte Verkehrsflughäfen...

The first paper is co-authored with Sylvain Delalay. We examine the impact of competition between ETFs on measures of market quality of the funds. The surge in new ETF creation has for consequence that groups of competing ETFs are increasingly crowded, and investors can choose from a multitude...

Future sustainable energy systems will need efficient, clean,low-cost, renewable energy sources, as well as market structuresthat motivate sustainable behaviors on the part ofhouseholds and businesses. “Smart grid” components canhelp consumers manage their consumption only if pricingpolicies...

We analyse a (differentiated good) industry where an incumbent firm owns a networkgood (essential input) and faces potential competition in the (downstream) retailmarket. Unlike the traditional approach, we consider a scenario where the decision tocompete or not in the downstream segment is...

Advances in technology and several regulatory initiatives have led to the emergence of a competitive but fragmented equity trading landscape in the US and Europe. While these changes have brought about several benefits like reduced transaction costs, regulators and market participants have also...