While productivity growth in electricity generation is associated with multiple positive effects from an economic and environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity growth for a sector characterized by multiple...

Mehr als 1600 Verteilnetzbetreiber versorgen deutsche Haushalte mit Strom und Gas. Dabei handelt es sich um »natürliche Monopole«, d.h. es gibt keinen direkten Wettbewerb zwischen den Unternehmen, sondern werden sie durch die Bundesnetzagentur im Anreizregulierungsverfahren reguliert....

Scale characteristics are key properties of production functions that determine optimal firm sizes, and have considerable policy implications for sectors undergoing restructuring. However, estimates of scale characteristics typically vary with the assumptions of the underlying empirical model....

We introduce a binding unanimous voting rule to a public goods game with an uncertain threshold for the total group contribution. In a laboratory experiment we find that voting generates significantly higher total contributions than making individual voluntary contributions to the public good....