The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...

Ratlosigkeit von Fuhrparkbetreibern und Versicherern: Wie senkt man nachhaltig Schadenfallkosten sowie Fixkosten im Fuhrpark? Sofern Sie als Furparkmanager bereits in der Vergangenheit viele Lösungen in Ihrer Flotte eingeführt haben, um gegen zu hohe jährliche Schadenkosten etwas zu...

The European Securities and Markets Authority (ESMA) is issuing this statement to clarify to institutional investors risks from a newly emerging asset class referred to by most market participants as contingent convertibles instruments (CoCos). If they work as intended in a crisis CoCos will...