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Satisfaction with Social Contacts of Older Europeans
Eric, Bonsang; van, Soest Arthur - Maastricht : METEOR, Maastricht Research School of … - 2010
This paper analyses the determinants of an important component of well-being amongindividuals aged 50 years or older in eleven European countries: satisfaction with social contacts. We use data from the Survey of Health, Ageing and Retirement in Europe and anchoring vignettes to correct for...
Persistent link: https://www.econbiz.de/10008765742
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Long Live OPTA!
Schinkel, Maarten Pieter; Volkerink, Bjorn - Maastricht : METEOR, Maastricht Research School of … - 2003
Although explicitly installed as a transitory body, the Dutch telecommunication controller OPTA displays the typical signs of government institutions that seek to become indispensable. A conflict in OPTA''s two main policy objectives – guarding consumer prices through controlling the network...
Persistent link: https://www.econbiz.de/10005795836
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Good economics, bad economics, and European economics
Backhaus, Jürgen G. - Maastricht : METEOR, Maastricht Research School of … - 1996
The editors of Kyklos have asked the question: Is there a European economics? This short essay tries to give an answer … by first trying to provide a framework for a sensible answer in economics, and then following suit by illustrating how in … ORDO-approach, the sub-discipline of law and economics and the problem of European institutions as they are different from …
Persistent link: https://www.econbiz.de/10005795839
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Is the past really what is used to be ?
Birner, Jack - Maastricht : METEOR, Maastricht Research School of … - 1995
No abstract available
Persistent link: https://www.econbiz.de/10005795840
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Bidding behavior in the bisection auction – an experimental investigation
Grigorieva, Elena; Strobel, Martin - Maastricht : METEOR, Maastricht Research School of … - 2006
We present a laboratory experiment in which we investigate bidding behavior with independent private values in the recently proposed bisection auction, and compare it with two classical auction formats - the Vickrey auction and the English auction. We test whether subjects behave strategically...
Persistent link: https://www.econbiz.de/10005795845
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The private value single item bisection auction
Grigorieva, Elena; Herings, P. Jean-Jacques; Müller, Rudolf - Maastricht : METEOR, Maastricht Research School of … - 2002
In this paper we present a new iterative auction, the bisection auction, that can be used for the sale of a single indivisable object. We will show that the bisection auction is computationally more efficient than the classical English auction while it still preserves all characteristics the...
Persistent link: https://www.econbiz.de/10005795851
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Efficient Statute Law
Backhaus, J.G. - Maastricht : METEOR, Maastricht Research School of … - 1997
efficiency is the organizing principle of the new law and economics as it originated at the University of Chicago School of Law …
Persistent link: https://www.econbiz.de/10005795852
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Hedging Against Catastrophic Risk; On Financing Large Infrastructure Projects
Backhaus, J.G. - Maastricht : METEOR, Maastricht Research School of … - 1998
In drawing on modern finance theory, this note demonstrates the importance of financial instruments for large public sector projects. An explicit link to the theory of Henry George is made, and a public sector financing approach is being demonstrated by using the example of the Oder floodings in...
Persistent link: https://www.econbiz.de/10005795857
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A Class of Methods for Evaluating Multiattribute Utilities
Peters, Hans; Zank, H. - Maastricht : METEOR, Maastricht Research School of … - 1999
A state, for instance a health state, is characterized by a number of attributes to each of which a level is assigned. A specific collection of numerical values, for instance utilities, for all possible states is called a situation. The main purpose of the paper is to develop a class of methods...
Persistent link: https://www.econbiz.de/10005795859
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Are Risk Aversion and Impatience Related to Cognitive Ability?
Thomas, Dohmen; Armin, Falk; David, Huffman; Uwe, Sunde - Maastricht : METEOR, Maastricht Research School of … - 2009
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
Persistent link: https://www.econbiz.de/10008567812