The transformation of economy and society requires far-reaching technological and social innovations. To utilise the economic opportunities of transformation and to mitigate the negative effects of structural change, a determined transformation-oriented R&I policy is needed. Using the example of...

We experimentally test the truth-telling mechanism proposed by Montero (2008) for eliciting firms' abatement costs. We compare this mechanism with two well-known alternative allocation mechanisms, grandfathering and pure auctioning. We conducted 27 treatments with a total of 623 participants,...

We experimentally test the truth-telling mechanism proposed by Montero (2008) for eliciting firms' abatement costs. We compare this mechanism with two well-known alternative allocation mechanisms, free and costly allocation of permits at the Pigouvian price. Controlling for the number of firms...

Avoiding a catastrophic climate change event is a global public good characterized by several dimensions, notably heterogeneity between the parties involved. It is often argued that such heterogeneity between countries is a major obstacle to cooperative climate policy. We challenge this belief...

Ein Lieferkettengesetz kann einen starken Anreiz dafür setzen, dass deutsche Unternehmen sich für nachhaltige Sozial- und Umweltbedingungen in globalen Lieferketten einsetzen. Dabei sollte jedoch überdacht werden, ob es zum jetzigen Zeitpunkt nicht sinnvoller wäre, eine gesetzlich...

To synergise civil and military research, their separation should be abandoned and the so-called 'civil clauses' still enshrined in the statutes of many German universities should be reconsidered. Together with its European partners, the German government should establish joint development and...

While our understanding of long-term trends in material wealth inequality in prehistoric societies has expanded in recent decades, we know little about long-term trends in other dimensions of wealth and about social developments within particular societal segments. This paper provides the first...

We reconsider the decomposition of the comparative statics effect of a factor price increase on (unconditional) factor demand into a substitution and a size (or level) effect. While for the own price effect the substitution effect and the size effect go into the same negative direction, the...

Die Expertenkommission hat in ihrem aktuellen Gutachten Vorschläge zur Reform derGovernance-Strukturen zur Bewältigung der drängenden Transformationen formuliert.Dabei wird gezeigt, wie politisch gesetzte komplexe Ziele erreicht und dafür erforderlicheMaßnahmen umgesetzt werden können. Die...

We present a model of a multi-species fishery and show that (i) consumer preferences for seafood diversity may trigger a sequential collapse of fish stocks under open-access fishery, (ii) the stronger the preferences are for diversity the higher is the need for coordinated multi-species...