Vorliegendes Arbeitspapier untersucht potentielle Nachfragefaktoren auf dem chinesischen Lebensversicherungsmarkt.

This paper applies production theory to define a new set of inputs for U.S. households over the post-World War II period and uses newly constructed data on some of these inputs to fit a completehousehold-demand system, including inputs of women’s and men’s housework, and seven other...

Recreation demand models typically incorporate measures of the physical attributes of recreational sites; e.g., Secchi depth or phosphorous levels in case of water quality. Moreover, most studies show that individuals do respond to these physical characteristics in choosing where to recreate....

Students in majors with higher average quantitative GRE scores are less likely to attend graduateschool while students in majors with higher average verbal GRE scores are more likely to attendgraduate school. This sorting effect means that students whose cognitive skills are associatedwith lower...

This paper applies production theory to define a new set of inputs for U.S. households for thepost-war II period, tests the new inputs to see if they support a complete household-demandsystem, and reports a new social cost-of-living index. The data support a demand system withnine major input...

This paper presents new econometric evidence on state government’s demand for resources to support local agricultural experiment station research. The econometric model consists of a complete-demand system covering four major resource sources, and it is fitted to annual observations on 48...

Two interested parties dominate the current debate on genetically modified (GM) foods: environmental groups and agribusiness companies. For the average consumer to arrive at an informed decision on these new foods, they must rely on information from interested parties. Unfortunately, information...

We calculate equilibria of dynamic double-auction markets in which agents aredistinguished by their preferences and information. Over time, agents are privatelyinformed by bids and offers. Investors are segmented into groups that differ withrespect to characteristics determining information...

This report summarises the key issues that arose and pulls together the actions proposed byleading experts at different levels, from the poorest neighbourhoods up to central government.There was no proposed or agreed single line of action; rather there were multiple strands ofthinking that,...

Increasing the shares of Renewable Energy Sources (RES) and Distributed EnergyResources (DER) is one of the most important levers in many countries to cope withthe environmental, political, and economic challenges of future energy supply. Theunderlying question of this thesis is whether...