We study the role of whistleblowing in the following inspection game. Two agents who compete for a prize can either behave legally or illegally. After the competition, a controller investigates the agents' behavior. This inspection game has a unique Bayesian equilibrium in mixed strategies. We...

Macroeconomic models are important ingredients in the monetary policy process, and, in the Norwegian case, projecting a forward interest rate path. In this paper we argue that when deciding on a model strategy, it is crucial to consider the purpose of models. If the purpose is to understand...

Coal is at the core of the debate about climate change mitigation policies, yet the international market for it is not well represented in most energy models. This paper presents the COALMOD framework which is a model of the international steam coal market that can be readily used to explore...

Various attempts have been made to reveal the impact of corona virus on the global economy through interdisciplinary approaches. The ultimate logic behind the strategies adopted by leaders of various economies regarding the first level policy response of lockdown and the and the end level...

This paper contributes to the ongoing debate on fiscal consolidation and the questionable effectiveness of the Stability and Growth Pact by addressing the problem of economic governance in the EMU with a game-theoretic principal-agent approach. Following the theory of delegation, we develop a...

Conducting a building thermal efficiency retrofit (or further thermal retrofit) is a long and relatively complex decision-making process involving building owners, managers, residents/tenants, and construction industry professionals. A variety of information instruments exists to support...

Eine energetische Gebäudesanierung (Sanierung zur Erhöhung der Energieeffizienz) erfordert einen langen, relativ komplexen Entscheidungsprozess für Gebäudeeigentümer, -verwalter, Mieter sowie Bauhandwerker. Es gibt verschiedene Möglichkeiten diese Akteure in Ihren Entscheidungen durch...

In der vorliegenden Studie wurde der Frage nachgegangen, welche öffentlichen Unterstützungsleistungen für Nachfolgen in Deutschland angeboten werden und inwiefern eine staatliche Förderung notwendig ist. Neben einer Bestandsaufnahme des Förderangebots wurden die Probleme des...