With the completion of the Uruguay Round of international trade negotiations, attention turns to plausible next steps. One question on the agenda of possibilities is the adoption of competition policies that complement or substitute for the remedies traditionally used to deal with international...

During the past half century many nations have adopted policies whose function is to discourage cartels and other restrictive practices. Industrialized nations led the movement toward pro-competition policies, but more recently, developing nations have begun to join the parade. Initial steps...

Die schrumpfende Zahl von Industriebeschäftigten in Deutschland wird vielfach mit Produktionsverlagerungen deutscher Firmen ins Ausland in Verbindung gebracht. Um dem entgegenzuwirken wird die Schaffung besserer Rahmenbedingungen in Deutschland als zentraler Ansatz propagiert. Wie Analysen der...

This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product market. The equilibrium coalition outcome is either...

We use oil price forecasts from the Consensus Economic Forecast poll to analyze how forecasters form their expectations. Our findings seem to indicate that the extrapolative as well as the regressive expectation formation hypothesis play a role. Standard measures of forecast accuracy reveal...

Die vergangenen anderthalb Jahre haben sich für die Getreideproduzenten weltweit und in der EU zeitweise von ihrer besten Seite präsentiert. Die gezahlten Preise für Weizen haben ein Rekordhoch erreicht, von Mai 2007 bis Februar 2008 haben sie sich um mehr als das 1,7fache erhöht. Bis Juli...

Although CO2 capture and storage(CCS) technologies are heatedly debated, many politicians and energy producers consider them to be a possible technical option to mitigate carbon dioxide from large-point sources. Hence, both national and international decision-makers devote a growing amount of...