This paper studies the empirical effects of risk classification in the mandatory third-party motor insurance of Germany following the European Union’s directive to de-regulate insurance tariffs of 1994. We find evidence that inefficient risk categories had been selected while potentially...

The idea of nudging has become increasingly popular in both academic and political circles. There are, however, many different interpretations of the term 'nudge' which blurs its scope. In this paper, the authors focus on the conceptualization of nudges and its functionality in reference to the...

Nudging and behavioural insights need to be taken into account in strategic action planning for suppression and reduction of pandemic effects. This paper focuses on a few selected areas of significant importance to getting SAR-CoV2 under control in both the nonpharmaceutical and the...

Gewaltsame Konflikte führen direkt oder indirekt über Risikokaskaden zu Schocks, die sich auf das Welternährungssystem auswirken. Bevölkerungswachstum, soziale Spannungen und der Klimawandel verstärken die Gefahr von Hunger und Ernährungsunsicherheit, sie sind aber nach Meinung von Reimund...

Climate insurance has become a crucial issue due to the increasing number of climate-related catastrophic events and the associated losses for the economy in general and insurance companies in particular. The extremely hot and dry summers of 2018 and 2019 in some European countries highlighted...

Diese Arbeit analysiert, inwieweit die unterschiedlichen Risikotransfersysteme dreier vom Augusthochwasser 2005 betroffener Länder, Deutschland (reine Marktlösung mit ergänzender staatlicher Notfallhilfe), Österreich (steuerfinanzierter Katastrophenfonds mit ergänzenden Marktangeboten) und...