Durch ein neues Informationsverhalten der Nachfrager und auch durch eine gewisse Sparsamkeit der Konsumenten, die sich durch den Erfolg von Billiganbietern in den letzten Jahren abzeichnet, rückt der Preis bei der Kaufentscheidung eines Produktes bzw. Dienstleistung immer mehr in den...

Low-income households find it hard to cope with the risks brought about by an illness or injury, death of a family member, man-made calamities, and natural disasters. Demand for microinsurance products is growing and both formal and informal microinsurance schemes have started to emerge to...

This paper analyzes the constitutional determinants of cost reimbursement rules. In order to design the optimal incentive schemes, a possibly partisan planner will take into account the market cost structure, the institutional design of the supervision hierarchical structure and its technology....

Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...

Illness or injury, death of a family member, man-made calamities and natural disasters have a devastating effect on those poor households' cash flow, liquidity and earning capacities and thus, on household welfare. Demand for micro-insurance products is growing in view of continuing risks to...

Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for particular uses and requirements for the installation of particular technologies. A significant shift has occurred in pollution control regulations toward market-based policies...