In Europe, most of the urban public transport services are not operated on a commercial basis. The implication of local public authorities in the sector is important: they organize their local market, they finance services and, sometimes, they also act as producers. This paper analyzes the...

Abstract ?' The first section of the paper is aimed at elaborating in some more depth the concept of rationality. Both the mainstream and behavioral approaches to market efficiency are grounded in a « substantive» and thus necessarily unique concept of rationality. The heterodox current, on...

This contribution discusses some recent theoretical contributions dealing with competition in markets for higher education. In a market for students subject to network effects, we discuss the various forms of inefficiencies which might result from competition between universities. It is shown...

In a globally networked economy, the telecommunications sector – which was long in the hands of a state-run company – must not close its eyes to competition. All the same, Germany was late in starting to deregulate the industry and so far has concentrated more on competition among service...

This papers examines the activities and operations of the first publicly listed company in Australia with wildlife conservation as its primary goal. Earth Sanctuaries Ltd (ESL) is the first publicly listed company in Australia with wildlife conservation as its primary goal. Its focus to date is...

The Commonwealth Government asked the Productivity Commisison to review cost recovery arrangements across the Government's regulatory,administrative and information agencies,and to develop guidelines for the future application of cost recovery.