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In the rental residential building stock, the landlord-tenant-dilemma is a well-known barrier to investments in energy efficiency and exacerbated where rent control limits the possibility to raise rents to finance landlords' investments. Some jurisdictions, like Germany, allow landlords to...
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The Condorcet Jury Theorem is derived from the implicit assumption that jury members only commit one type of error. If the probability of this error is smaller than 0.5, then group decisions are better than those of individual members. In binary decision situations, however, two types of error...
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Despite the increasing trend towards deregulation, the public regulation of private activities remains a common phenomenon in industrialized countries. However, it is frequently claimed that slow and costly regulatory licensing procedures impede economic growth. This book investigates the...
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