Human capital investments of firms impose the risk that outsider firms poach trained worker because, in contrast to real capital investments, firms do not have the right of disposal for human capital…
Cartel agreements between firms typically aim at reducing competition and increasing joint profits. Due to the fact that such agreements regularly cause substantial economic harm in the form of, e.g., elevated…
Using bidding data on a firm-level basis which we received from the German Federal Network Agency (Bundesnetzagentur) we analyze a drastic price increase in the market for negative secondary reserve power in…
Contributions to Edited Volumes and Conference Proceedings
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2013