In this paper, a formalization of Martin Seligman's concept of full life is presented by employing basic microeconomics. With the formalized version of the concept, it can be explained why people differ with respect to the levels of pleasant, engaged and meaningful life they are trying to...

In this paper, we attempt to show why the importance of relational goods compared to conventional goods and status goods threatens to decline in contemporary societies. In our point of view, the development of the relative significance of these three types of goods is not a consequence of...

This report provides a comprehensive overview of climate cost modelling, from the perspective of damage costs and mitigation costs respectively. It also provides guidance for policymakers on which framework shall be used to derive climate costs for different policy objectives. For both...