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Hurricane Insurance in Florida
Jametti, Mario; Ungern-Sternberg, Thomas von - CESifo - 2009
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as “uninsurable” risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or...
Persistent link: https://www.econbiz.de/10005013949
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Optimal Harvesting of a Spatial Renewable Resource
Behringer, Stefan; Upmann, Thorsten - CESifo - 2012
In this paper we investigate optimal harvesting of a renewable natural resource. While in the standard approach the resource is located at a single point in space we allow for the resource to be distributed over the plane. Consequently, an agent who exploits the resource has to travel from one...
Persistent link: https://www.econbiz.de/10010598511
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(Why) Are Economists Different?
Kirchgässner, Gebhard - CESifo - 2005
After presenting some casual evidence about the difference between economists and the rest of the population, first the … presented where the citizens decided against recommendations of most economists. But what is so particular in economic theory … respect to the normative convictions of economists. The paper concludes with possible consequences which economists might draw. …
Persistent link: https://www.econbiz.de/10005766201
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The Benefits of Being Economics Professor A (and not Z)
Praag, Mirjam van; Praag, Bernard M.S. van - CESifo - 2007
Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more...
Persistent link: https://www.econbiz.de/10005766276
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Economists in the PITS?
Frey, Bruno S. - CESifo - 2009
Academic economists today are caught in a “Publication Impossibility Theorem System” or PITS. To further their careers …
Persistent link: https://www.econbiz.de/10005051495
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Political Economists are Neither Selfish Nor Indoctrinated
Frey, Bruno S.; Meier, Stephan - CESifo - 2001
Most professional economists believe that economists in general are more selfish than other persons and that this … particular behavior of economists can be explained by a selection effect. …
Persistent link: https://www.econbiz.de/10005405815