Terrorist models often focus on one kind of agent as well as one motive to pursue terrorism. Our model diverges from such standard approaches by taking account of the reasoning of the terrorist-organization leader as well as the reasoning of the individual terrorist. This allows us to observe...

We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...

The main purpose of this introductory chapter is to be briefly review the ongoing debate in the field of sustainability and economic growth. First we provide an introduction to current empirical research. Results of empirical analyses as well as methodological problems concerning the analysis of...

Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the bottom, or both. In this paper we test the effectiveness and efficiency of these incentive schemes. To do so, we utilize optimal contracts in a principal-agent setting, using a...

Analyzing the rationale for climate policy, one utility category is often neglected: secondary benefits. This is surprising because the consideration of secondary benefits would increase the attractiveness of climate policies from a national point of view. It would however also affect the...

New policy approaches to facilitate the co-existence of wildlife and livestock are needed for situations where predation incidents greatly impact households’ income and retaliatory killing threatens endangered carnivore species’ survival. In this paper, models are developed to assess how two...

Purpose - The purpose of this paper is to examine the commonly used policy approach to subsidize the private provision of public goods by granting agents deductions with respect to their income or corporate tax burden. Design/methodology/approach - In the framework of a microeconomic...

Currently informal and formal international negotiations on climate change take place in an intensive way since the Kyoto Protocol expires already in 2012. A post-Kyoto regulation to combat global warming is not yet stipulated. Due to rapidly increasing greenhouse-gas emission levels,...

We measure productivity in leading edge economic research by using data envelopment analysis (DEA) for a sample of 21 countries belonging to the Organization for Economic Cooperation and Development (OECD). Publications in ten top journals of economics from 1980 to 1998 are taken as the research...

Besides costs and benefits, fairness aspects tend to influence negotiating parties’ willingness to join an international agreement on climate change mitigation. Fairness is largely considered to improve the prospects of success of international negotiations and hence measures raising fairness...