Risk-aversion has generally been found to decrease in income. This may lead one to expect that poor countries will be more risk-averse than rich countries. Recent comparative findings with students, however, suggest the opposite, giving rise to a risk-income paradox. This paper tests this...

In experimental investigations of the effect of real incentives, accountability-the implicit or explicit expectation of a decision maker that she may have to justify her decisions in front of somebody else-is often confounded with the incentives themselves. This confounding of accountability...

The German government is committed to reducing the primary energy demand of buildings by 80% by 2050. This requires increasing the rate of thermal retrofits from the current 0.8% to 2.0% per year. To explore how new and existing policies and programs could deliver the increased retrofit rate,...

Die Bundesregierung hat beschlossen, den Primärenergiebedarf von Gebäuden bis 2050 um 80 % zu senken. Dazu muss die energetische Sanierungsrate von derzeit 0,8 % auf 2,0 % pro Jahr gesteigert werden. Um festzustellen, wie durch neue und bestehende Politikinstrumente diese Steigerung der...