Energy transitions are high on political agendas. From a practical viewpoint, community approaches are deemed essential in order to transition from a predominantly centralized energy supply to a decentralized one, and to exploit the potential of renewable energies. In this paper, I discuss how...

This paper examines the role of alternative assumptions on savings and expectations for the fixwage traverse with strong forward biased technological change. After briefly outlining the model, some peculiarities of the adjustment path under the Hicksian Q-Assumption are investigated....

The notion of face-to-face contacts has recently become very popular as a reason why firms still locate in proximity to others after the “death of distance.†Controlled laboratory experiments provide direct and reliable evidence on the importance of face-to-face contacts. It is the...

This paper looks back on the first ten years of empirical corruption research, which started with Mauro's seminal paper in 1995. The previous theoretical discussion did not reach unanimous conclusions on whether corruption is harmful or not; the arguments are briefly sketched. International...

This paper reports on an experiment of corruption that was conducted in two treatments: one with the possibility of detection and one without. It turns out that monitoring reduces corruption through deterrence; at the same time, it destroys the intrinsic motivation for honesty. Thus the net effect...