Klappentext: Die verständliche, moderne und zugleich dichte Einführung in die Betriebswirtschaftslehre unserer Tage unter der Berücksichtigung praxisrelevanter Erfahrungen für Studium, Examen und Erfolg im Beruf. In der 10. Auflage ist das BWL-Kompendium endgültig ein Standardwerk.

This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that is, we are interested in life cycle profiles of full...

Optimal layoff rules in closed form are derived for all workers in a firm that downsizes under uncertainty and faces heterogeneous firing costs. The theoretical model predicts that the firm displaces workers with low firing costs, low expected future productivity growth, and low layoff option...

This paper investigates the interaction between establishment-level codetermination and industry-level collective bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective bargaining agreements works councils are more likely...