Dieser Artikel analysiert das Spektrum der durch den Ukraine-Krieg ausgelösten globalen Risikokaskaden und untersucht, welche Änderungen sich dadurch für die weltweite Risikovorsorgepolitik ergeben. Mit Hilfe des Konzepts "Globaler systemischer Risiken" werden die wichtigsten globalen Folgen...

The German Environmental Liability Law (ELL) of 1991 has introduced far-reaching civil liability for environmental damages with the aim to increase firms? efforts to prevent accidents. Previous studies find poor evidence that this goal has actually been achieved. One and a half decades after the...

This papers studies the effects on service quality and consumer surplus of a minimum price which is fixed by a bureaucratic non-monopolistic professional association. It shows that the price set by a Niskanen-type professional assocation will maximize consumer surplus only if consumers demand...

This paper discusses the problem of crowding out of insurance by co-existing governmental relief programs - so-called 'charity hazard' - in a context of different institutional schemes of governmental relief in Austria and Germany. We test empirically whether an assured partial relief scheme (as...