The strongest, but also most volatile, factor affecting risk attitudes is loss aversion (“losses loom larger than gains”). It was given its proper place in decision theory by Daniel Kahneman. Most risks we face are new, with no past statistics available (ambiguity). This two-day conference...

This conference provides a forum to compare current demographic trends in industrialised countries with a focus on Japan and Germany, analyzes the resultant social, economic and political challenges both at national and local levels, and examines countermeasures that have been implemented or are...

This two-day conference brings together leading economists and policy makers to discuss the challenges for the labor market of older workers.

Topics: - Macroeconomic aspects of ageing and retirement; - Life cycle behaviour of individuals; - Ageing and health; - Institutional aspects and behaviour of pension funds and financial institutions.