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Improving voluntary public good provision by a non-governmental, endogenous matching mechanism : experimental evidence

Reif, Christiane; Rübbelke, Dirk T. G.; Löschel, Andreas - 2014

subjects achieve to implement a norm-enforcement mechanism at their own expense by applying the theory of non-governmental norm …-enforcement by Buchholz et al. (2014) in a laboratory experiment. Based on their theory without central authority and endogenously …

Persistent link: https://www.econbiz.de/10010416242

The long-term impact of matching and rebate subsidies when public goods are impure : field experimental evidence from the carbon offsetting market

Kesternich, Martin; Löschel, Andreas; Römer, Daniel - 2014

payoff structure by introducing different matching grants (1/3:1, 1:1, 3:1) and price rebates (r-25%, r-50%, r-75%). Our … results show that price rebates are more effective than matching schemes in raising participation rates while matching grants … customers except for the case of 1:1 matching grants. The equal matching scheme is also the only intervention that increases net …

Persistent link: https://www.econbiz.de/10010433354

Noncognitive skills in economics : models, measurement, and empirical evidence

Thiel, Hendrik; Thomsen, Stephan L. - 2009

There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different...

Persistent link: https://www.econbiz.de/10003903035

The metal resources (METRO) model : a dynamic partial equilibrium model for metal markets applied to rare earth elements

Pothen, Frank - 2013

This paper presents the METal ResOurces (METRO) model, a partial equilibrium model tailored for metal markets. It allows for a disaggregated representation of the mining sector and endogenous investment in extractive capacities. It can be calibrated to a large number of metal markets. Rare Earth...

Persistent link: https://www.econbiz.de/10010225539

Dynamic market power in an exhaustible resource industry : the case of rare earth elements

Pothen, Frank - 2014

This paper investigates China's capability to exert power on Rare Earth markets until 2020. A dynamic partial equilibrium model allowing for a disaggregated representation of the mining sector and endogenous investment in capacities is developed. The model is calibrated on a novel dataset on...

Persistent link: https://www.econbiz.de/10010229889

Ups and downs : how economic growth affects policy interactions

Flues, Florens; Löschel, Andreas; Lutz, Benjamin Johannes - 2013

Current climate and energy policy has to operate under an ex-ante unforeseen economic crisis. An obvious consequence is the collapse of prices for carbon emission allowances as, for example, seen in the European Union. However, this price collapse may be amplified by the interaction of a carbon...

Persistent link: https://www.econbiz.de/10009792976

Modeling technological change in economic models of climate change : a survey

Löschel, Andreas; Schymura, Michael - 2013

The assessment of climate change mitigation policies through economic modeling depends crucially on assumptions under which technological change has been incorporated in the model. Earlier climate-energy-economics modeling attempts heavily relied on the assumption of exogenous technological...

Persistent link: https://www.econbiz.de/10009704252

Revealed preferences for climate protection when the purely individual perspective is relaxed : evidence from a framed field experiment

Löschel, Andreas; Sturm, Bodo; Uehleke, Reinhard - 2013

In this paper, we investigate the real demand for climate protection when the purely individual perspective of existing revealed preference studies is relaxed. This is achieved in two treatments; first, we determine the information subjects receive about the demand revealed by other subjects in...

Persistent link: https://www.econbiz.de/10009704255

On the construction of social preferences in lab experiments

Borgloh, Sarah; Dannenberg, Astrid; Aretz, Bodo - 2010

This paper studies the construction of social preferences in the lab. Experimental subjects have the opportunity to donate to a charity and to allocate money in a conventional dictator game. The results show that charitable donations and dictator game allocations are positively correlated. The...

Persistent link: https://www.econbiz.de/10008701355

Asset pricing with a reference level of consumption : new evidence from the cross-section of stock returns

Grammig, Joachim (contributor); … - 2007 - Rev. version

This paper presents an empirical evaluation of recently proposed asset pricing models which extend the standard preference specification by a reference level of consumption. We motivate an alternative model that accounts for the return on human capital as a determinant of the reference level....

Persistent link: https://www.econbiz.de/10003671149