Vorliegendes Arbeitspapier untersucht, welche Lehren die Schweiz aus der Abschaffung der Pflicht- und Monopolanstalten (PMA) in der Gebäudeversicherung in Deutschland ziehen kann.

The successful deregulation of other network industries like telecommunications and electricity has put increasing pressure on governments to deregulate and liberalize letter markets.(...)

This paper quantifes regional welfare efects of new transport links, which are going to be established in the framework of Trans-European Networks (TEN).

chorus of the tragedy which plays on the world stage. The main thesis of our work is that,despite the triumphant rhetoric praising the merits of perfect competition, the global fields ofthe dysfunctional market system have mushroomed in what we call Warrant Economics forthe Free-Market...

This paper investigates the effects of monopolistic competition onentrepreneurial riskRtaking in a general equilibrium model. In thiscontext, occupational choice of risk averse agents is biased towardsfirm ownership. In this case, the inefficiencies due to the presence ofnondiversifiable risk...

...We rely on Matsuyama (1996, 1999) to study the effects on growth and welfareof non distortive tax/subsidy policies. In particular, we are interested ininvestigating the stabilising/destabilising effects of policies aimed at eliminatingeconomic fluctuations. The focus on stabilisation...

Seit über sechs Jahren ist der deutsche Strommarkt vollständig liberalisiert; Stromkunden könnenseither ihren Anbieter frei wählen, machen jedoch von dieser Möglichkeit nur seltenGebrauch – je nach EVU ist in Deutschland von einer Wechselquote im Bereich zwischen 2%und 5% auszugehen.1...

The assessment of capacity credits for wind energy and the value interpretation is reviewed critically. It is shown that the electricity market values the contribution to system reliability with market prices in a more precise way ...