This paper analyses theoretically and quantitatively the effect that different higher education funding policies have on welfare (on aggregate and at the individual level) and wealth inequality. A heterogeneous agent model in continuous time, which has uninsurable income risk and endogenous...

Modern media technologies paved the way to the open access movement. Instead of the traditional academic subscription and publishing model, which allowed few big publishers to charge excessive publishing fees, the open access model raises the hope for a fair system, where scientific content is...

The International Competition Network (ICN) celebrates its 20th birthday in 2020. It governs global competition by providing a cooperative forum for (mostly national) competition authorities from all around the world. In the absence of binding global competition rules and antitrust laws, it...

The practice of child marriage is ubiquitous in developing countries, where one in three girls is married before the age of 18. Although most developing countries have a legal minimum age of marriage, in practice marriage age is determined by social norms rather than the law. In this paper, we...

Motivated by the Covid-19 epidemic, we analyse a SIR model of an epidemic but with endogenous social distancing, and calibrate it to UK data to study various hypothetical scenarios of government intervention regarding social distancing. We explicitly take into account that (a) there is...

The 50plus1-rule in German football is a controversially discussed institution that regulates investment behavior of professional football teams. This paper discusses from a sports economics perspective the suspected market failures that the 50plus1-rule is expected to prevent. To examine the...

The ministerial proposal for a 10th amendment of the German competition law particularly addresses abuse control and seeks to tighten this pillar of competition policy against the background of the challenges from the digital economy. Next to extending the classic policy instruments of abuse...