IDEAS home Printed from
   My bibliography  Save this article

Wettbewerb und Leistung auf zwei ungewöhnlichen Märkten


  • Dennis C. Mueller


This article argues that the European Union needs more competition in the market for corporate control and in the academic market. Evidence is presented of poor investment performance by Continental European companies relative to companies in Anglo-Saxon countries. The article claims that an important reason for this is that hostile takeovers are much easier to undertake in the Anglo-Saxon countries. Evidence is also presented regarding the underfunding and lack of competition among universities in Continental Europe relative to the United States. To improve the quality of Continental European universities they need to have more resources. These can be obtained by charging higher tuition fees for university education and through greater emphasis on alumni contributions. In addition, Continental Europe needs more competition among universities for both students and faculty. Copyright 2007 die Autoren Journal compilation 2007, Verein für Socialpolitik und Blackwell Publishing Ltd.

Suggested Citation

  • Dennis C. Mueller, 2007. "Wettbewerb und Leistung auf zwei ungewöhnlichen Märkten," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(s1), pages 133-140, April.
  • Handle: RePEc:bla:perwir:v:8:y:2007:i:s1:p:133-140

    Download full text from publisher

    File URL:
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    1. Gugler, Klaus & Mueller, Dennis C & Yurtoglu, B Burcin, 2004. "Corporate Governance and the Returns on Investment," Journal of Law and Economics, University of Chicago Press, vol. 47(2), pages 589-633, October.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:perwir:v:8:y:2007:i:s1:p:133-140. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.