Replaced with revised version of paper 07/18/10.

In the following decades there will be a fundamental structural change in the European power supply system. This structural change is forced by several factors, e.g. the European Union Greenhouse Gas Emission Trading Scheme, the strategic goal for the European Union of a more sustainable...

Die Arbeit untersucht das Auftreten von Externen Kosten im Rahmen der Verbraucherverschuldung, sowie die Wirkungen verschiedener rechtlicher Regelungen auf die Arbeitsleistung der Kreditnehmer nach der Kreditaufnahme. Sie konzentriert sich dabei auf drei „Arten“ von externen Kosten:1....

Small and micro-enterprises play a significant part in most economies. However, in developing countries these enterprises have tended to be looked at from a development, or poverty alleviation perspective, rather than as potentially growing businesses. This paper explores the possibility of...

In this paper, distribution and welfare effects of changes in block price systems are evaluated. A method is discussed to determine, for a Marshallian demand function, equivalent variation in case of a block price system. The method is applied to analyze welfare and distribution effects of...

The use of renewable materials in energy production is gaining in importance all over the world. The production of bioethanol and biodiesel is an important element of the agricultural strategy of numerous countries, even though the economic and environmental impact of these projects is subject...

We develop a agricultural model assuming that conventional production is causing environmental externalities while more benign alternative production methods generate non-market amenity benefits and obtain a price premium in the marketplace. We analyze policies targeting external benefits and...

Despite the vital role of the utility function in welfare measurement, the implications of working with incorrect utility specifications have been largely neglected in the choice experiments literature. This paper addresses the importance of specification with a special emphasis on the effects...

Analyzing consumer welfare from observable data, or empirical demand functions has been a very controversial issue in economics. One metric often used is deadweight loss from a tax or price increase. A classic debate in economic history regarding the appropriate methodology for measuring...