In the advent of postal market liberalization in several European countries we expect that the incumbent operators anticipate entry by competitors who are not required to offer universal service, i.e. coverage of the entire country and uniform pricing. The market for postal service exhibits...

Dieser Aufsatz analysiert die Reform der deutschen Eisenbahn im Jahre 1994. Er geht auf die Notwendigkeit der Reform ein, stellt das Konzept der Regierungskommission Bundesbahn dar und behandelt die Umsetzung dieses Konzepts. Er geht auf die Kritik an der Bahnreform ein, die von verschiedenen...

There are many reasons that the losses caused by extreme weather events are escalating year by year in Hungary. They include Hungary's geographical characteristics, climate change, river regulation and the expansion of cultivated land. Changes in land use have hugely damaged natural capital,...

In this note we discuss how a cost–benefit analysis could be formulated in a second-best world where lump-sum taxation is not available. The question is how the government's budget is balanced. Different options are available. A value added tax or an income tax or a profit tax could be...