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...

Der Wirtschaftswissenschaft wird nachgesagt, sie verfüge nicht über eine Basis an gesicherten, zwischen den Schulen einvernehmlichen, grundlegenden Aussagen. Die wirtschaftspolitische Not bringt es mit sich, dass über die fehlende Theoriebasis hinweg Eingriffsoptionen der anderen Doktrin...

The book offers a comprehensive empirical analysis of the determinants of changes in the distribution of expenditure and revenue-raising powers among fiscal tiers in OECD countries. Using a new indicator of fiscal decentralisation which accounts for subnational decision-making autonomy, common...

This volume presents the major findings involved in a large scale research programme to describe and analyse the transformation of contemporary Swiss society. The contributions focus on three key areas: the Swiss way of life, the Swiss labour market and the country's political institutions. The...

Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...

Investors are trying to generate excess returns through active investment strategies. Since the outbreak of the financial crisis, investors face a situation where increased risks are accompanied by falling key interest rates. An optimal portfolio in terms of risk and return becomes a perpetual...

Dieses Open-Access-Buch erläutert ein Handlungsmodell zur Gestaltung sozialer Versorgung. Das Modell beinhaltet 16 Gestaltungsaufgaben, die sich an den wesentlichen Planungs- und Steuerungsaufgaben sozialer Versorgung und den vier Phasen eines Managementkreislaufes (Analyse,...