We consider a sequential game in which one player produces a public good and the other player can influence this decision by making an unconditional transfer. An efficient allocation requires the Lindahl property: the sum of the two (implicit) individual prices has to be equal to the resource...

Bei qualifikationsspezifischen Arbeitslosenquoten, die mit zunehmendem Ausbildungsstand fallen, investieren Individuen zu wenig in ihre Ausbildung. Sie berücksichtigen ihre Ansprüche auf Lohnersatzleistungen und bewerten daher mögliche Zeiten der Arbeitslosigkeit zu günstig. Dies kann...

Im laufenden Jahr ist es zu einer sprunghaften Erhöhung der Zahl der Zuwanderer aus Staaten außenhalb der EU in die EU und insbesondere nach Deutschland gekommen. Der Beitrag schlägt ein durch Preise und Kapazitäten gesteuertes Verfahren zur Verteilung der Flüchtlingsströme vor.

Two alternative relative compensation schemes are compared with respect to total output that can be generated at a given sum of salaries. While the promotion regime guarantees that any salary increase is permanent, the premium system allows a reduction in the income of an agent to the base...

In long-term private health insurance contracts, aging provisions are used to flatten premium profiles. An individual would like to change insurers if she perceives a low service quality. The first-best optimum is characterized by provision transfers which are higher for high risks and may be...

The impacts of introducing work requirements for welfare recipients are studied in an efficiency wage model. If the workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers. In contrast, mandatory effort requirements will...