Standard analysis of the economics of environmental policy usually claims that emissions taxes induce a stronger incentive for an improvement in pollution abatement technologies than emission standards. In contrast, recent empirical studies within this field reveal that there is no systematic...

The present paper analyzes the incentives of domestic car drivers to get their fuel beyond the border line due to given price differences (“fuel tourism”). The paper distinguishes the cases of limited and complete rationality. Limited rationality means that the decision of car drivers is...

The present paper analyses the behaviour of a university within a neoclassical equilibrium framework. Demand for enrolments is traced back to the decision of potential students which aim at maximizing expected lifetime income. Here, the key factors are the students’ preferences and abilities,...

Conventional analysis of the economics of environmental policy usually claims that emission taxes induce a stronger incentive for an improvement in pollution abatement technologies compared to emission standards. In contrast, recent empirical studies reveal that there is no systematic...

Im vorliegenden Beitrag wird das Verhalten der Entscheidungsträger einer öffentlichen Hochschule im Rahmen eines neoklassischen Ansatzes analysiert. Die Nachfrage nach Studienplätzen resultiert aus der Maximierung des erwarteten Lebenseinkommens der potentiellen Studenten. Wesentliche...