Competition is a core feature of science and has for some time also been viewed by institutions in the higher education sector, as well as the state, as an incentive to produce scientific output. Due to scarce financial resources third-party funding plays an increasingly important role. However,...

Professions such as doctors and lawyers often enjoy some degree of self-regulation, i.e. they can set the codes of conduct in the market and even determine the rules for joining the profession. We address the problem of the optimal scope of self-regulation. Specifically, we model a profession...

Die von der Regierung Reagan durchgeführte angebotsorientierte Wirtschaftspolitik hat weder das Wirtschaftswachstum stimuliert noch Investitionsanreize intensiviert. Es ist auch kein Einkommen von den Reichen zu den Armen "durchgesickert". Der erhoffte Trickle-Down-Effekt blieb aus. Stattdessen...

We study consumer surplus in a single market when (a) there is a lower bound in the consumption of the outside good and (b) the weights in the social welfare function given to consumers and firms are different. We assume quasilinear utility. When the lower bound constraint on the consumption of...

This special issue focuses on the financial behaviour of different participants in European medieval and early modern financial markets. It extends our knowledge of the financial strategies employed by households, merchants, charities, city governments and corporations by asking what investment...

Managing the poor's funds in the Middle Ages was a great responsibility and a rather complex task that relied on the involvement and contributions of numerous persons, not least on the voluntary work of well-educated men. Using the example of the poor relief administration in the small German...

International labor mobility is a key factor for a well-functioning labor market. Although educational attainment is known to affect regional labor mobility within a country, evidence of a relationship between schooling and international labor mobility is limited, particularly in developing...

This study examines the effectiveness of digital recruitment platforms in addressing labor shortages within Norway's shipbuilding and ship-repair industry. Through a data analysis of 446 job applications over a 12-month period, this study evaluates key recruitment metrics, including application...

The Pacific islands have weak economic growth and limited structural change compared to the rest of developing Asia. Remoteness and low economic density are two causes. To mitigate these constraints, bilateral arrangements with Australia and New Zealand let Pacific workers seasonally migrate to...