"In dem Forschungsbericht werden zum einen die Grundstruktur der Einzelhandelsbetriebe und zum anderen deren betriebliche Charakteristika im Vergleich zu Betrieben des Dienstleistungssektors und der Privatwirtschaft analysiert. Hierbei wird ein besonderer Fokus auf die Verbreitung atypischer...

In the past decade, innovations in hydraulic fracturing and horizontal drilling have fueled a boom in the production of natural gas (as well as oil) from geological formations - primarily deep shales - in which hydrocarbon production was previously unprofitable. Impacts on U.S. fossil fuel...

Three original microeconomic models of an externality market are described: (1) model of the marketable permits for exhalations emission, (2) model of optimal financial satisfaction of a damage caused by a negative externality in the economy with agents maximizing probability of their survival...

In this paper, it will be argued that, when current developments in transport systems will continue, they never will become sustainable. An important reason is the priority of economic growth and the support of positive externalities related to properly functioning transport systems, while there...

We provide empirical evidence that uncertainty (rather than risk) and optimism are distinctive characteristics of high-impact entrepreneurial firms (recently listed firms) relative to old, incumbent firms. Based on this evidence, we construct an entrepreneurial entry predation model with...

Theoretical models predict that going public firms generate positive externalities, creating a spillover effect for other firms to go public. In this paper, we posit that venture backed IPOs convey positive informational externalities for the publicly traded rival firms in the same industry and...

Theoretical models predict that going public firms generate positive externalities, creating a spillover effect for other firms to go public. In this paper, we posit that venture backed IPOs convey positive informational externalities for the publicly traded rival firms in the same industry and...

This paper provides a game-theoretic model of network formation with a continuous effort choice. Efforts are strategic complements for direct neighbors in the network and display global substitution/congestion effects. We show that if the parameter governing local strategic complements is larger...