Eine Weiße-Flecken-Auktion ist ein Verfahren, Unternehmen zu bestimmen, die die Flächendeckung mit leistungsstarken Mobilfunkdiensten sicherstellen. Mit der Weiße-Flecken-Auktion würden in einem transparenten, nachvollziehbaren und diskriminierungsfreien Verfahren Unternehmen bestimmt, die...

WIK-Consult hat für das Bundesministerium für Digitales und Verkehr (BMDV) untersucht, welche Rahmenbedingungen den Ausbau von mobilen und leitungsgebunden Breitbandnetzen beschleunigen können. Zu diesem Zweck haben wir zehn Fallbeispiele näher analysiert und Expertengespräche mit...

Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...

If the technological revolution which has taken place over the past decades has lowered information costs and if information costs increase in distance, distance should – ceteris paribus – become less important in determining international bank lending. We are using a dataset on assets and...

The German financial system is characterized by lower degrees of penetration by foreign commercial banks and of (bank) disintermedation than, for instance, that of the United States. These differences between the two countries could be attributed to the fact that universal banking in Germany...

Although domestic mergers and acquisitions (M&As) in the financial services industry have increased steadily over the past two decades, international M&As were relatively rare until recently. This paper uses a novel dataset of over 2,300 mergers that took place between 1978 and 2001 to analyse...

Why do political constituencies delegate decision power to representative assemblies? And how is the size of such assemblies determined? We analyze these questions of constitutional design in a model with voters learning their preferred alternative only after engaging in costly information...