October 2004

Why Do Sellers at Auctions Bid for Their Own Items? Theory and Evidence Michael Beckmann

Financing High-Tech Growth: The Role of Banks and Venture Capitalists"
David B. Audretsch/Erik E. Lehmann

Managing Credit Risk with Credit and Macro Derivatives
Udo Broll/ Gerhard Schweimayer/Peter Welzel

Discussion of “Why Do Sellers at Auctions Bid For their Own Items? Theory and Evidence”
Bernd Frick

Discussion of "Financing High-Tech Growth: the Role of Banks and Venture Capitalists"
Peter Witt

Discussion of "Managing Credit Risk with Credit and Macro Derivatives"
Thomas Hartmann-Wendels

Editorial
Peter-J. Jost/Alfred Wagenhofer