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In 2010, EU member states granted worth yy10.3bn aid to their agricultural sector. Given the requirement to revise the guidelines for state aid in the agricultural sector by the end of 2013, this article presents the legal rules and facts of this topic from an economic point of view. It is shown...
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Standard methods for calculating cartel-damage rely on data of prices charged and quantity sold. Such data may not easily be available. In this paper, it is shown that accounting data can be used for computing a lower bound for cartel-damage. Previous literature indicates that economic profits...
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This article analyses the European Commission’s Guidelines on Regional State Aid for 2014–2020 that were passed in late June 2013. The author argues that some elements of these guidelines are neither in line with economic theory nor with related guidelines and communications of the...
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This study explores determinants of customer choice behaviour in passenger rail competition on two cross-border routes, Cologne–Brussels and Cologne–Amsterdam. It fills a gap in the literature on competition in commercial passenger rail by relying on newly collected stated preference data...
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