In games of social learning individuals tend to give too much weight to their own private information relative to the information that is conveyed by the choices of others. In this paper we investigate differences between individuals and small groups as decision makers in information cascade...

Beyond its explanatory ambitions as positive science, economics has always had its normativeor applied branch that aims at providing advice about how man’s socio-economic conditionmight be improved. Under the name welfare economics the discipline’s normative branch hasbeen formalized, in the...

Research infrastructures (RIs) are the most powerful means to foster cooperation on a pan-European scale and to provide efficient access to advanced methods and technologies for the scientific community.The existence, availability and easy access to leading research infrastructures is a key...

We review and evaluate the international literature on activity-based funding of health services,focussing especially on experience in Australia (Victoria), Denmark, Norway and Sweden. Inevaluating this literature we summarise the differences and pros and cons of three different...

Seit einigen Jahren wird in Deutschland über Veränderungen in der Finanzierungund im Leistungskatalog des Krankenversicherungssystems intensiv diskutiert. Dabeiwerden häufig problematische Anreizstrukturen im Hinblick auf das Verhaltender Versicherten genannt. Insbesondere haben Versicherte...

Nach dem Gesetz für Kontrolle und Transparenz im Unternehmensbereichsind alle Aktiengesellschaften seit 1998 verpflichtet, Risiko-Management mitdem Ziel zu betreiben, systematisch Risiken einer ökonomischen Fehlsteuerungzu vermeiden (Gausmann 2002). Die Wichtigkeit eines...