This paper considers critically the question of what constitutes „local partnership‟, including the stated meanings and implicit power relationships within, for instance, public/private partnerships, specific projects such as Building Schools for the Future or the „area partnership‟...

While the hypothesis that ownership concentration can aect the value of a company has seen a lotof empirical study, little light has been shed on a complementary problem, that these concentratedowners have a cost of their position due to an undiversified portfolio. Using a unique data set ofthe...

Die Voraussetzungen für das Gelingen mobiler Arbeitsformen für Unternehmen bestehen in der Gestaltung eines Rahmens für die Beschäftigten, der die Steuerung und Regulierung der Mobilität unterstützt und Eckpfeiler oder Hilfen zur Verfügung stellt. Die wegfallende Sicher-heit der...

Our paper deals with econometric developments for the estimation of the gravity model whichlead to convergent parameter estimates even when a correlation exists between theexplanatory variables and the specific unobservable characteristics of each unit. Weimplement panel data econometric...

When students themselves enjoy large degrees of freedom in determining the duration oftheir studies, it results in a fairly large degree of interindividual variance in terms of time-todegree.This paper investigates individual time-to-degree in a model where studentsdetermine the optimum...

The aim of the following discussion is to present the division of markets into marketplace and marketspace and evaluate the significance of virtual value chains in opening up further possibilities in the marketplace and marketspace...

Ron Davidson kritisiert in seiner Stellungnahme die Analyse der Vorteilhaftigkeit von Zerobondsbei konstantem Steuersatz (Kapitel B unseres Beitrags in ZfB, 69. Jg. (1999), H. 1, 83-114).Seine Anmerkungen gehen davon aus, unsere explizite Modellannahme einer Cash-Flow-Barwertmaximierungin Frage...