Über bilaterale Entwicklungsbanken ist einer breiteren Öffentlichkeit in der Regel wenig bekannt. Dies gilt wohl für alle Länder, in denen es solche Finanzinstitute gibt. Besonders galt es aber 2008 für Österreich, als die Bundesregierung die Gesetzesinitiative zur Gründung der...

The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies strong properties of knowledge...

We develop a comprehensive multi-level approach to ecological economics (CML-approach) which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a...

The emergence of novelty is a driving agent for economic change. New technologies, new products and services, new institutional arrangements, to mention a few examples, are the backbone of development and growth. Important though it is, the emergence of novelty is not well understood. What seems...