Wir analysieren die Vorgehensweise bei der Diskontierung langfristiger Projekte. Unsere Untersuchungen zur reinen … formulation of an adjusted OLG-discounting method (GAD) of consumption units, taking into consideration intra- and …

) quality, ii) efficiency, and iii) ownership.i) Quality of health care is the most important good of the health production … of competition on quality of care.ii) The health economy also merits attention because of its sheer size e.g. with … industrialised countries, approximately one third of health care expenditure is generated by inpatient care. For this reason …

is played.The final essay is on moral hazard, market power and the demand for health insurance. The issue of health …

expressed. Kahneman and Tversky's Prospect Theory (1979) explains many of these "framing" effects as shifts in the point of …

growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount … rate that is well below the market rate of return on capital. From the perspective of classical growth theory, Nordhaus … agents. The classical theory of growth interprets the market return to capital as a reflection of the property relations of …

adjusted OLG-discounting method of consumption units, taking into consideration intra- and intergenerational aspects. At the …

,000 relative to conventional discounting. Applying the random walk model to the consequences of climate change, we find that …