This book offers a new explanation why venture capital in investments differ substantially between countries. Recent literature has attributed these differences to differences in the financial architecture and tax regulations. By contrast, this book shows by using simulations of a general...

1. Persönliche Kommunikation in Kundeninteraktionen -- 1.1 Bedeutung einer beziehungsorientierten Kommunikation -- 1.2 Kommunikationsqualität als Erfolgsgröße in der Mitarbeiter-Kunde-Kommunikation -- 1.3 Ziel und Forschungsfragen der Arbeit -- 1.4 Eingrenzung des Untersuchungsgegenstands --...

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel stability and leads to the break-up of the cartel in the...