A natural field experiment is conducted on the determinants of consumer’s willingness to pay for “fair trade” (FT) products. In four treatments, subjects are offered different choices in connection with a coffee purchase, such as buying regular coffee or FT coffee at a premium, regular...

This paper investigates the extent to which trade theory is applicable for explaining trade in art. Reproducible art is distinguished from unique art and it is argued that the trade in reproducible art is, at least in principle, governed by the same economic laws as trade in other differentiated...

In this paper, we describe the institutional framework in which heavy subsidization of German classical orchestras takes place and provide figures on the structure and the level of public support. Moreover, we derive and test various hypotheses concerning the political-economic determinants of...

Am 1. Januar 1948 trat das Allgemeine Zoll- und Handelsabkommen (GATT) in Kraft. Welche Liberalisierungsfortschritte beim Welthandel wurden in den vergangenen 50 Jahren gemacht? Welche Aufgaben stehen auf der Tagesordnung?