Der deutschen Wasserwirtschaft könnte in naher Zukunft ein grundlegender Wandel ihrer Geschäftspraktiken bevorstehen. Durch die jüngeren Kartellverfahren gegen kommunale Wasserunternehmen in Hessen ist ein neues Kapitel im deutschen Wassersektor aufgeschlagen worden. In Verfahren gegen...

We analyze potential gains from hypothetical mergers in local public transport using the non-parametric Data Envelopment Analysis with bias corrections by means of bootstrapping. Our sample consists of 41 public transport companies from Germany's most densely populated region, North...

We analyze potential gains from hypothetical mergers in local public transport using the non-parametric Data Envelopment Analysis with bias corrections by means of bootstrapping. Our sample consists of 41 public transport companies from Germany's most densely populated region, North...

We analyze potential gains from hypothetical mergers in local public transport using the non-parametric Data Envelopment Analysis with bias corrections by means of bootstrapping. Our sample consists of 41 public transport companies from Germany's most densely populated region, North...

Der deutschen Wasserwirtschaft könnte in naher Zukunft ein grundlegender Wandel ihrer Geschäftspraktiken bevorstehen. Durch die jüngeren Kartellverfahren gegen kommunale Wasserunternehmen in Hessen ist ein neues Kapitel im deutschen Wassersektor aufgeschlagen worden. In Verfahren gegen...

In January 2009 Germany introduced incentive regulation for the electricity distribution sector based on results obtained from econometric and nonparametric benchmarking analysis. One main problem for the regulator in assigning the relative efficiency scores are unobserved firm-specific factors...

Competitive tendering of local bus services in Germany has received increased attention. Employing Seemingly Unrelated Regression analyses, we observe that prices have regionally varying determinants; for example, while prices throughout most of the federal state of Hesse increase over time,...

This paper employs meta-analysis to aggregate and systematically analyze the mixed empirical evidence on the determinants of corporate hedging reported in 132 previously published studies covering data from more than 73,000 firms. Among the fourteen proxy variables analyzed by multivariate...

Subsidies are considered important means to facilitate the provision of public transit, yet the empirical evidence implies that they can have harming effects on costs and possibly also on operators' performance. This paper examines the impacts of deficit-balancing subsidies on the cost...