We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...

The ongoing economic criticism of the German Renewable Energy Act (EEG) recently started focusing on distributional effects, too. A team of authors at the Cologne Institute for Economic Research is worried about high costs for electricity consumers. They argue since electric power consumption is...

The German electricity market is changing fundamentally as renewable energy replaces conventional sources. Simultaneously, regional imbalances between generation and consumption are appearing. The authors sketch a new market design for the German electricity market, jointly taking into account...

The transition of the German energy system towards renewable energy carriers triggers considerable costs for private households. Costs are passed through to households by a surcharge per kilowatt hour. This effectively leads to high cost burdens for poorer households relative to wealthier ones....

In this study, the real demand for global and local environmental protection in Beijing, China, is elicited and investigated. Participants from Beijing were offered the opportunity to contribute to voluntary climate change mitigation by purchasing permits from two Chinese CO2 emissions trading...

Wie hoch die Marktteilnehmer durch energiepolitische Regulierungen in ihren jeweiligen Ländern belastet sind, wird häufig nur am Vergleich der Energiepreise festgemacht. Die Energiestückkosten sind als Indikator jedoch aussagefähiger, da hier die Energiekosten im Verhältnis zur...

This paper investigates the impact of global value chains on energy footprints. Energy footprints are consumption-based indicators which record the energy used to produce a country's final demand. In order to disentangle key characteristics of global value chains and their effects on the global...

Energy price comparisons to illustrate energy-related impacts on industrial competitiveness have to be interpreted with caution. Energy unit costs are a better indicator for industrial competitiveness, as developments in energy intensity are taken into account. An international comparison based...