The purpose of this paper is to analyze the relationship between democracy and technological innovation. The primary findings are that most free countries, measured with liberal, participatory, and constitutional democracy index, have higher technological innovation than less free and more...

German Abstract: Ende 2014 besteht die Möglichkeit, dass sich die Entwicklungsminister der Organisation for Economic Co-opera¬tion and Development (OECD) auf eine neue Definition von öffentlicher Entwicklungszusammenarbeit (EZ bzw. Official Development Assistance – ODA) verständigen. Die...

Over the past several decades, environmental law has seen a significant transformation. As the world’s most important environmental challenges are now global in scope, humanity’s attention and societal concern have shifted accordingly. Most remarkable, however, has been the evolution of...

As the 2008 financial crisis spread globally, it became widely apparent that an essential ingredient to preventing future systemic crises was reform of the regulation of financial markets. Two ambitious initiatives for regulatory reform are the European Union's European System of Financial...

We report a new method for Experimenting over a Long Distance (ELD)allowing to simultaneously run decentralized interactive experiments in geographically separated subject pools. Applying ELD to an intercultural trust experiment with participants from Argentina, China and Germany we found a...

When using the strategy method in ultimatum bargaining, many researchers ask responders for the minimal acceptable offer only implicitly assuming strategies to be monotone. Recent research has shown, however, that subjects decline disadvantageous and advantageous proposals. We report on an...

Strong growth in China and India has led to improvements in raw-material exporting countries' terms of trade and attracted complementary finance. The long-term challenge for these countries, where institutions are often fragile, is to avoid the so-called “resource curse”. This paper aims to...

The purpose of this paper is to analyze the relationship between democracy and technological innovation. The primary findings are that most free countries, measured with liberal, participatory, and constitutional democracy index, have higher technological innovation than less free and more...

Latin America is known as the most unequal region in the world. However, the effect of income inequality on people’s welfare is still an open question. This paper assesses the relationship between income distribution and welfare by considering the levels of happiness reported by people. The...