Pension Insurance Funds are the largest external occupational pension plan in Germany. Occupational pension schemes are expected to play a more relevant role in the future as a substitute for the statutory pension system. Christian Hertrich analyses in this context the suitability of Social...

This book provides a new modeling approach for portfolio optimization problems involving a lack of sufficient historical data. The content mainly reflects the author’s extensive work on uncertainty portfolio optimization in recent years. Considering security returns as different variables, the...

This book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory they should not? - How do investors deal with such...

Bei einer wohnwirtschaftlichen Portfoliobewertung ist eine qualifizierte Wertermittlung auf Einzelobjektebene insbesondere in einer frühen Transaktionsphase aus Zeit- und Kostengründen nicht machbar. Stefan Haas entwickelt eine Bewertungsmethodik, welche standardisiert einen...

Mareike Schad examines how redistributive policy measures influence intergenerational income mobility, taking into account various facets of the parent-child connection. In the first part, the author investigates the impact of education and education policy on income mobility both theoretically...

The papers in this volume explore various issues relating to theories of individual and collective choice, and theories of social welfare. The topics include individual and collective rationality, motivation and intention in economics, coercion, public goods, climate change, and voting theory....

An Introduction to Social Ethics and Normative Economics -- Kolm as a Contributor to Public Utility Pricing, Second-Best Culture, and the Theory of Regulation -- Public Utility Pricing and Capacity Choice with Stochastic Demand -- Bidimensional Inequalities with an Ordinal Variable -- Inequality...

Introduction -- Part I: Service Demand of Consumers -- Part II: Cost Analyses for Congestion-Prone Service Systems -- Part III: Decisions of Congestion-Prone Service Firms -- Part IV: Social Welfare Issues for Congestion-Prone Services -- References -- Index

Zu große Einkommensungleichheit gefährdet die Prosperität und Kohärenz einer Gesellschaft im gleichen Maß wie ein zu hoher Ausgleich der Einkommen; mittlere Ausgleichniveaus hingegen weisen die höchste Konsensfähigkeit auf. Diese Erkenntnisse resultieren aus der analytischen Nutzung von...

Representations of constitutions -- to Part I -- Constitutions, effectivity functions, and game forms -- Nash consistent representations -- Acceptable representations -- Strongly consistent representations -- Nash consistent representation through lottery models -- On the continuity of...