Critical-level (CL) utilitarianism with both fixed and variable critical levels is applied to the problem of redistribution in a federation with free mobility. We are interested in intra-regional inequality when redistribution policies are organized decentrally in a federation. Due to free...

Evolutionary stability is a necessary condition for imitative dynamics of policy learning and innovation to come to a rest. We apply this concept to profit tax competition in a regime where a common and consolidated profit tax base for multi-jurisdictional firms is divided among governments...

In a common market with costless mobility of all factors, regional governments can attract mobile firms by granting subsidies which must be financed out of wage taxes on mobile labour. Since firms locate where subsidies are highest and workers settle where taxes are lowest, government are forced...

Immer wenn wir Kaufentscheidungen treffen, hinterlassen wir Spuren, oft ohne dass wir dies überhaupt bemerken: beim online shoppen, der Handy Recherche oder der Verwendung einer Kundenkarte. Preisanpassungen in Echtzeit, intelligente Systeme für die Kundenkommunikation - Daten und Algorithmen...

Gewöhnlich beschreibt Influencer Marketing den Testimonialeinsatz von Social Media-Akteuren in der Produkt- und Markenkommunikation mit dem Ziel, deren Popularität, ihre Multiplikatorfunktion sowie ihren Einfluss auf die Meinungsbildung zu nutzen, um Einstellungen und Kaufentscheidungsprozesse...

One of the main reasons to include pay-as-you-go (PAYG) schemes in multi-pillared pension systems is that they may entail beneficial risk-sharing and diversification features However, depending on the pension formula these features vary significantly for different types of PAYG schemes. We...

We propose a dynamic general equilibrium model with human capital accumulation to evaluate the economic consequences of compulsory services (such as military draft or social services). Our analysis identifies a so far ignored dynamic cost arising from distortions in time allocation over the...

According to many observers, the world is currently getting riskier along many of its dimensions. In this paper we analyse how the welfare state, i.e., social insurance that works through redistributive taxation, should deal with this trend. We distinguish between risks that can be insured by...