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Charity hazard : A real hazard to natural disaster insurance?
Raschky, Paul A.; Weck-Hannemann, Hannelore - 2007
After the flooding in 2002 European governments provided billions of Euros of financial assistance to their citizens. Although there is no doubt that solidarity and some sort of assistance is reasonable, the question arises why these damages were not sufficiently insured. One explanation why...
Persistent link: https://www.econbiz.de/10010293403
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Energieeffizienzpotenziale und staatlicher Lenkungsbedarf
Dobroschke, Stephan - 2012
Die langfristigen Klimaschutzziele sehen bis zum Jahr 2020 im Vergleich zu 2008 eine Senkung des Primärenergieverbrauchs um 20% vor, bis zum Jahr 2050 wird eine Senkung um 50% angestrebt. Zur Erreichung dieser Ziele stehen zunehmend Maßnahmen zur Steigerung nachfrageseitiger Energieeffizienz...
Persistent link: https://www.econbiz.de/10010309486
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Corruption, Exogenous Changes in Incentives and Deterrence
Di Vita, Giuseppe - 2006
In this article we apply and extend the model elaborated by Acemoglu and Verdier in their seminal paper (2000), to examine how the economy represented in their theoretical framework responds to an exogenous change in the agent's incentive. In particular, we focus on the consequences of a famous...
Persistent link: https://www.econbiz.de/10010312266
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Why Brennan and Buchanan are wrong (after all)
Apolte, Thomas - 2007
In their book The Power to Tax, Brennan and Buchanan have pointed to a central weakness of the traditional theory of … public finance and especially of the theory of optimal taxation: This approach overlooked the problem of governmental power … theory appears to be once the problem of power is considered. Nevertheless, Brennan and Buchanan's suggestions for …
Persistent link: https://www.econbiz.de/10010298416
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An enabling mechanism for the creation, adjustment, and dissolution of states and governmental units
Hausken, Kjell; Knutsen, John F. - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-32, pp. 1-38
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...
Persistent link: https://www.econbiz.de/10010302703
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Opting-out Klauseln und der europäische Einigungsprozess: eine sezessionstheoretische Analyse
Berthold, Norbert; Neumann, Michael - 2002
Persistent link: https://www.econbiz.de/10010300301
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The Delegation Perspective on Representative Democracy
Hain, Roland; Mitra, Manipushpak - 2002
Why do political constituencies delegate decision power to representative assemblies? And how is the size of such assemblies determined? We analyze these questions of constitutional design in a model with voters learning their preferred alternative only after engaging in costly information...
Persistent link: https://www.econbiz.de/10010263053
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Regulation of Europe's network industries: the perspective of the new economic theory of federalism
Bickenbach, Frank - 2000
transaction-cost-political approaches. There has been some progress in recent years in developing such a ‘new economic theory of … federalism’. Basic ideas and some insights of this theory are discussed with regard to the appropriate ‘federal’ allocation of …
Persistent link: https://www.econbiz.de/10010265451
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Determinants of the influence of voters and interest groups on the political decision making process
Bischoff, Ivo - 2001
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010301406
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The economics of adaptation to climate change: the case of Germany
Dannenberg, Astrid; Mennel, Tim; Osberghaus, Daniel; … - 2009
Given the ubiquitous scarcity of resources an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows us to distinguish between decentralized adaptation by...
Persistent link: https://www.econbiz.de/10010299185