"The market has both a coordination function and an incentive function. The first theorem of welfare economics is all about coordination; the principal-agent model is all about incentives. What is the relative importance of the market in carrying out these two functions? While there has been a...

"The market has both a coordination function and an incentive function. The first theorem of welfare economics is all about coordination; the principal-agent model is all about incentives. What is the relative importance of the market in carrying out these two functions? While there has been a...

Zum Patent angemeldete Erfindungen sind einer von vielen Indikatoren, die Aufschluß über die Forschungsaktivitäten in einer Volkswirtschaft geben können. Da bei der Patentanmeldung eine Erfindung einem oder mehreren Technikfeldern, sog. IPC-Klassen, zugeordnet wird, geben patentstatistische...

"Via the International Labour Market Forecasting Network, forecasters of the public employment services or comparable institutes from the Nordic countries as well as Germany and Austria exchange their analyses about the current and future development of the national economies and labour markets....

"The management approach of management by objectives (MBO) is currently experiencing a renaissance in European labour market policy. This paper first recapitulates key conceptional principles of the management by objectives model and stresses the relevance of the moral hazard problem. Then there...