A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...

In competition law, the problem of the optimal design of institutional and procedural rules concerns assessment processes of the pro- and anticompetitiveness of business behaviors. This is well recognized in the discussion about the relative merits of different assessment principles such as the...

Im Zuge eines fortschreitenden Wandels von der Industriegesellschaft zur Informations- und Wissensgesellschaft stellt sich die Frage, wie die Ressource Wissen in Organisationen als Produktionsfaktor entwickelt und eingesetzt werden kann. Das Lehrbuch behandelt - gemä ︢dem Konzept eines...