The DIW is the largest and oldest economics institute in Germany and conducts research in many fields of economic analysis. In this contribution to the conference celebrating the 80th birthday of this important institution I feel stimulated to address a few analytical issues, raising questions...

Short term climate events such as the sea surface temperature anomaly known as El Niño are financial risk sources leading to incomplete markets. To make such risk tradable, we use a market model in which a climate index provides an extra investment option. Given one possible market price of...

Multikriterienmethoden erweisen sich als nützlich, um die Entscheidungsfindung in komplexen Situationen - wie solche eine nachhaltige Entwicklung betreffend - zu unterstützen und um mit Konflikten in einer strukturierten und transparenten Art umzugehen. Zunehmend wird multikriterielle...