This paper provides a hedonic price analysis of mobile telephones for the German market, based on data of 302 different handsets from 25 manufacturers over the period from May 1998 to November 2003. By measuring shadow prices for different product characteristics, the authors find that volume,...

The assessment of the cost of capital is of paramount importance for rate-regulated firms, as the rates of regulated services depend crucially from this cost driver. The paper uses objectives and peculiarities of rate regulation as a starting point. Based thereupon, it analyses methodical issues...

The paper discusses the development and operation of terrorism insurance programmes established in France, Germany and the U.S as reaction to 9/11. These three programmes are all based upon a public–private partnership with government backup. However, there are some fundamental differences...

Terrorist attacks that have succeeded abroad since 2001, as well as others that were prevented, indicate that the threat of a large-scale attack is real and will be with us for a long time. Focusing on the United States, the United Kingdom, and Germany, this article analyzes the role that...

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