We examine the effect of private maritime security on international public safety by analyzing International Maritime Organization vessel security data from 2007-2014. During this time a considerable spike in maritime piracy occurred in East Africa, West Africa and East Asia. We exploit the fact...

From a current perspective the Paris Agreement is not sufficient to limit the global mean temperature below 2°C above pre-industrial level as intended. The Agreement stipulates that parties review, compare and ratchet up efforts to combat climate change over time. Within this process,...

From a current perspective the Paris Agreement is not sufficient to limit the global mean temperature below 2°C above pre-industrial level as intended. The Agreement stipulates that parties review, compare and ratchet up efforts to combat climate change over time. Within this process,...

Der entwicklungsökonomische Diskurs ist aktuell geprägt durch eine kontroverse Debatte zwischen Jeffrey Sachs und William Easterly. Der Beitrag rekonstruiert beide Ansätze aus ordonomischer Perspektive. Er argumentiert, dass eine auf Kooperation angelegte Semantik vergleichsweise besser...

Diverse goals which are widely agreed to be important in world society. Nevertheless, discussions on trade policy often refer only to economic objectives, usually still more narrowly conceived in terms of gains in aggregate income through trade. Where other objectives are not simply ignored, it...

This paper develops a model of small open economy, with a differentiated goods sector and voluntary provisioning of public good. It is shown that trade policy can alter the quantity of public good provided in the equilibrium. Interestingly, tariffs may fail to protect, leading to a Metzler...

In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on future investment behaviour in public good settings. Our models build on the idea that voluntary contributions to the supply of a public good might be...