Public disability insurance (DI) programs in many countries face pressure to reduce their generosity in order to remain sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of public DI cuts. Exploiting a unique reform...

We study the relationship between overconfidence and the political and financial behavior of a nationally representative sample. To do so, we introduce a new method of eliciting overconfidence that is simple to understand, quick to implement, and captures respondents' excess confidence in their...

Flexibles Carsharing bietet in den Städten eine Alternative zum privaten PKW-Besitz. Der mögliche Beitrag dieser Dienstleistungen zu einer Reduktion der Autoanzahl wird aber immer wieder kontrovers diskutiert. Die empirische Datenbasis zu dieser Frage ist bisher noch relativ klein. Die...