Nudge is a concept of policy intervention that originates in Thaler and Sunstein's (2008) popular eponymous book. Following their own hints, we distinguish three properties of nudge interventions: they redirect individual choices by only slightly altering choice conditions (here nudge 1), they...

Gelingende (ökonomische) Interaktion ist auf den ersten Blick grundsätzlich wahrscheinlich; bei reflektierter Betrachtung jedoch äußerst voraussetzungsreich und daher unwahrscheinlich. Stephan G. Hans entwickelt ein differenzlogisches Modell der Organisation, welches blinde Flecken und...

Extreme weather events pose an economic threat to farms. The risk management behaviour against such events is often studied using prospect theory as a framework, but empirically deriving corresponding parameters in the field involving farmers is challenging. To address this issue, we compare...