Die Massenarbeitslosigkeit hat sich in Deutschland verfestigt. Die Wachstumsraten geraten eher bescheiden, auch wenn gerade in jüngster Zeit Aufhellungen sichtbar werden. 'Innovationen' gelten in dieser Situation vielen als eine Art Königsweg zur Schaffung neuer Einkommens- und...

Corporate governance - the way that major businesses are run - has been of in-creasing concern in recent years. Financial scandals in companies like Enron and WorldCom, as well as similar problems in Europe, have resulted in most major countries introducing corporate governance codes. However,...

This paper examines factors that may influence the estimates of the Value of a Statistical Life obtained from contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of distributional assumptions, the choice of the welfare...

The first part of the paper reports the results from a sequence of laboratory experiments comparing the bidding behavior for multiple contracts in three different sealed bid auction mechanisms; first-price simultaneous, first-price sequential and first-price combinatorial bidding. The design of...