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A regulatory framework for a policy of sustainability : lessons from the neo-liberal school

Rennings, Klaus; Koschel, Henrike; Brockmann, Karl Ludwig; … - 1997

In this paper targets, institutions and policy measures for describing and implementing sustainable development are evaluated in terms of their conformity with the economic framework of a market system. Firstly, from the viewpoint of neo-liberal economic thinking as conceived by the German...

Persistent link: https://www.econbiz.de/10011440772

Lead markets of environmental innovations : a framework for innovation and environmental economics

Beise, Marian; Rennings, Klaus - 2003

Environmental regulations often want to stimulate the generation and adoption of ecoefficient innovations. An important argument in the public debate is also the creation of new markets for environmentally benign products, processes and services that other countries adopt and therefore generate...

Persistent link: https://www.econbiz.de/10011448178

Theoretische Grundlagen einer Konzeption der "sozialen Marktwirtschaft" : normative Institutionsökonomik als Renaissance der klassischen Ordnungstheorie

Pies, Ingo - In: 50 Jahre Soziale Marktwirtschaft : ordnungstheoretische …, (pp. 97-132). 1998

Persistent link: https://www.econbiz.de/10001323891

Linking weak and strong sustainability indicators : the case of global warming

Rennings, Klaus; Hohmeyer, Olav - 1997

The aim of this paper is to describe and discuss the weak and strong sustainability approach of assessing climate change and to show reasonable applications, weaknesses, possible improvements and linkages of both approaches. Main features of "weak" and "strong" sustainability approaches are...

Persistent link: https://www.econbiz.de/10011440763

Towards a theory and policy of eco-innovation : neoclassical and (co-)evolutionary perspectives

Rennings, Klaus - 1998

approaches have their merits and limits concerning a theory and policy of ecoinnovation. Neoclassical methods are most elaborated … question is if innovations toward sustainability can be treated like normal innovations or if a specific theory and policy are … social and institutional innovation in both eco-innovation theory and policy. …

Persistent link: https://www.econbiz.de/10011441633

The generalized Roy model and the cost-benefit analysis of social programs

Eisenhauer, Philipp; Heckman, James J.; Vytlacil, Edward - 2014

The literature on treatment effects focuses on gross benefits from program participation. We extend this literature by developing conditions under which it is possible to identify parameters measuring the cost and net surplus from program participation. Using the generalized Roy model, we...

Persistent link: https://www.econbiz.de/10010424826

Estimation of dynamic discrete choice models by maximum likelihood and the simulated method of moments

Eisenhauer, Philipp; Heckman, James J. - 2014

We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...

Persistent link: https://www.econbiz.de/10010424834