After the Second World War the residential construction quickly becomes one of the leading sectors of the German economy. The first part of the dissertation shows the long-time patterns of residential construction and dates the turning points of the business cycles. It also analyses some...

People report much larger willingness to accept (WTA) than willingness to pay (WTP) under a broad range of circumstances. This dissertation tries to answer the question when people will report this gap, how large the difference between the two answers will be and what reasons lie behind this...