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Fifty five years ago, Coase suggested in his seminal article "The Federal Communications Commission" that spectrum assignments should be treated in a similar way to property rights where market forces allocate these flexible tradable rights to users with the highest valuations for it. While...
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German government passed the Tenancy Law Reform Act to restrict the growth in rents (at least partially) and to strengthen … interest is the identification of a length of tenancy discount. The existing literature confirms such a discount where long … Socio-Economic Panel (SOEP) that offers the unique advantage of a large and representative sample. We find that the Tenancy …
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