This article concentrates on the possible relationship between trade and pension systems. I consider trade between a capital-abundant home and a labor-abundant foreign country. The underlying model is a two-period overlapping generations-model augmented with factor-price changes resulting from...

In this paper a network model is developed in which three players sequentially choose their strategies. In the first stage, a profit–maximizing network firm chooses the price and thus the size of the network. In the second stage the consumers decide whether to join in the network or not. In...

Ausgehend von einer knappen Einordnung in die bisherige Entwicklung der Wirtschaft werden die Auswirkungen der Digitalisierung auf den nationalen wie internationalen Wettbewerb sowie die Arbeitsteilung analysiert. Digitalisierung kann zu großen Kosteneinsparungen führen, die sowohl in Form...