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In this paper we use insights from organizational economics and financialregulation to study the optimal architecture of supervision. We suggest that thenew architecture should revolve around the following principles: (i) banking,securities and insurance supervision should be further integrated;...
Persistent link: https://www.econbiz.de/10008860683
Regulating bidder participation in auctions can potentially increase efficiency compared to standard auction formats with free entry. We show that the relative performance of two such mechanisms, a standard first-price auction with free entry and an entry rights auction, depends...
Persistent link: https://www.econbiz.de/10012459309
Regulating bidder participation in auctions can potentially increase efficiency compared to standard auction formats with free entry. We show that the relative performance of two such mechanisms, a standard first-price auction with free entry and an entry rights auction, depends...
Persistent link: https://www.econbiz.de/10013077223
Persistent link: https://www.econbiz.de/10010126662
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Eigentlich weiss oder vermutet jedermann, dass der Finanzplatz Zürich wichtig und der grösste in der Schweiz ist. Im … Unterschied zum „Finanzplatz Schweiz“ fehlte aber für Zürich ein sachlicher Überblick. Deshalb hat der Verband Zürcherischer … einer Studie den Finanzplatz Zürich zu untersuchen und zu dokumentieren. Gerade in Zeiten, wo schiefes Licht auf die …
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