This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and company-specific...

Communication plays a crucial role in influencing various aspects of our social life. However, communication has more often than not been distorted by unequal opportunities to initiate and sustain it. Such a condition has been criticized by Habermas who argues for an ideal speech situation. It...

Besides being a distribution medium for up-to-date information, the Internet provides professional communities of users with an infrastructure for collaborative work. An important problem, however, is that groups working over the Internet often fail to accomplish their goals. In this paper our...

Abstract In markets with competing interconnected networks like mobile telecommunication markets investments affect the investor’s and also any competitors’ profits. In a theoretical model it is shown that cost-reducing investments reduce the investor’s termination rates and increase...

This paper will focus on integrated conservation of cultural built heritage starting from the analysis of related European policies in an economic perspective. Integrated conservation of cultural built heritage allows either a city or country to undertake socio­economic and cultural promotion...

This paper is positioned at the crossroads of three scientific disciplines: economics, planning and cultural heritage preservation. It aims to present a general framework for local identity analysis and historic environment preservation within the context of a more comprehensive urban ecological...

The point of departure is that the activities associated with the Internet are organizational and societal activities taking place within a given historical context. As such they can profit from sociological theories such as postmodernism. Postmodernism can be seen as a reaction to some signal...

The paper aims at testing Florida's concept of the Creative Class using panel data for 323 West German regions for the time period 1975 2004. Applying a dynamic system approach based on GMM, we find that the local concentration of the Creative Class has predictive power for the economic...