April 2002

Severance Pay Rules and Structural Layoff Decisions
Oliver Fabel

Simplified Discounting Rules, Variable Growth, and Leverage
Frank Richter

Competing with Mr. Postman: Business Strategies, Industry Structure, and Competitive Prices in Liberalized Letter Markets
Helmut M. Dietl/Peter Waller

On the Legitimacy of Accounting Standard Setting by Privately Organised Institutions in Germany and Europe
Matthias Schmidt

Book Review
Real Options. A Practitioner’s Guide
Copeland, Tom/Antikarov, Vladimir