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US participation, permit allocation, and hot air supply : [papers presented at 3rd Concerted Action for Tradable Permits (CATEP) Workshop on Global Trading, Institute for World Eco...

Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2002

their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …

Persistent link: https://www.econbiz.de/10008610856

An experimental investigation of the disparity between WTA and WTP for lotteries.

Schmidt, Ulrich; Traub, Stefan - Kiel Institute for the World Economy - 2009

In this paper we experimentally investigate the disparity between willingness-to-accept (WTA) and willingness-to-pay (WTP) for risky lotteries. The direction of the income effect is reversed by endowing subjects with the highest price of a lottery when asking the WTP question. Our results show...

Persistent link: https://www.econbiz.de/10008610590

Warum gibt es arme und reiche Länder in der Weltwirtschaft? : Wirtschaftliche Entwicklung aus der Sicht der neoklassischen Wachstumstheorie.

Gundlach, Erich - Kiel Institute for the World Economy - 1995

Die entwicklungspolitische Debatte hat lange darunter gelitten, daß ihr eine überzeugende theoretische Grundlage fehlte. Dies beginnt sich seit einigen Jahren mit dem Aufkommen der "neuen" Wachstumstheorie zu ändern. Deren Implikationen stützen das, was neoklassisch orientierte...

Persistent link: https://www.econbiz.de/10008590792