Der Diskurs über die Neuvermessung von Fortschritt und Wohlergehen gewinnt international zunehmend an Bedeutung. Globale Anstrengungen haben das Potenzial, einen Paradigmenwechsel herbeizuführen, der beeinflusst, wie wir Fortschritt definieren und folglich unser Zusammenleben gestalten. Anhand...

Though the Multilateral Agreement on Investment (MAI) has failed, the original draft is likely to serve as a basis for future negotiations. This article gives a critical assessment of the draft from an industrial economics point of view. First, I summarize the contents of the agreement which is...

This paper analyses the equilibrium effects of individual information filters. Information is modelled as advertisements which are distributed across a population of consumers with heterogeneous preferences. An advertisement that provides knowledge about a product with little or no utility for a...

In this paper we test whether the co-movement of sovereign CDS premia increased significantly after the Greek debt crisis started in October 2009. We perform a bivariate test for contagion that is based on an approach proposed by Forbes and Rigobon (2002). Our sample consists of daily data...