More competition among banks typically enhances the welfare of consumers. However, it may also involve a threat to financial stability, that is of vital importance for the functioning of economies. Read also the accompanying <a href="http://www.cpb.nl/en/pressrelease/3213114/no-need-sheltering-banks-competition">press release</a>. This study reveals that many forms of competition do...

Several of the authors question the efficacy of copyright, which is increasingly regarded as benefiting multinational organisations rather than individual authors and performers. Others are less critical of copyright per se, but question its ability to meet the new challenges of a digital era....

ERES:conference

The deregulation of US aviation has led to drastic changes in route structures and to widespread adoption of the hub-and-spoke system. This paper investigates whether deregulation in the European Union has led to a similar pattern. The study uses time schedule data for all airports in the...

The deregulation of US domestic passenger aviation in 1978 resulted in the reconfiguration of airline networks into radial route systems, spatially concentrated around a small number of central airports or ‘hubs’. This paper investigates whether a similar spatial concentration trend...

ERES:conference