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Wirtschaftswissenschaften wird zunächst in Grundzügen beschrieben und dann hinsichtlich seiner langfristigen Tragfähigkeit kritisch reflektiert: Wir unterscheiden hierbei zwei gegensätzliche Standpunkte: Einen optimistischen und einen pessimistischen. Welchen man einnimmt, hängt wesentlich...
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This chapter for the Handbook of Law and Economics provides an economic perspective of environmental law and policy. We examine the ends of environmental policy, that is, the setting of goals and targets, beginning with normative issues, notably the Kaldor-Hicks criterion and the related method...
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For the last four decades, benefit-cost analysis has been a mainstay of the U.S. federal regulatory process and, under Executive Orders in effect since 1981, such analysis must generally be used to justify significant federal regulations. While administrations of different parties have...
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