infonet-economy

Discrete Choice Experiments (DCEs) designed to estimate willingness-to-pay (WTP) values are very popular in health economics. With increased computation power and advanced simulation techniques, random-coefficient models have gained an increasing importance in applied work as they allow for taste heterogeneity. This paper discusses the parametrical derivation of WTP values from...

This paper assesses some of the implications of globalization for the scholarly debate on business ethics, CSR and related concepts. The argument is based, among other
things, on the declining capacity of nation state institutions to regulate socially desirable corporate behavior as well as the growing corporate exposure to heterogeneous social, cultural and political values in...

We experimentally demonstrate how "unpacking" provides a possible approach for mitigating the dilemma of public goods provision through private contributions. Subjects' total contributions increase when a single public good is split into two identical public goods.

Mit den drei Ansatzpunkten Supply Chain Redesign, Collaborative Working Capital Management und Supply Chain Finance lassen sich die Kredit- und Kapitalbindungskosten in Supply Chains insgesamt reduzieren. Durch die Substitution von Zwischenhändlern in Zweitländern wird die Versorgungskette verkürzt. Das Nettoumlaufvermögen reduziert sich erheblich. Die Zulieferer in den...

Stein's lemma is extended to the case where asset returns have skewed and leptokurtic distributions. The risk premium is still the negative of the covariance of the excess return with the log stochastic discount factor. The risk-neutral distribution has a simple form but is a nontrivial transformation of the physical distribution.

Health Economics presents a systematic treatment of the economics of health behavior and health care delivery. Appropriate both for advanced undergraduate and graduate students of economics, this text provides the background required to understand current research,presenting theoretical models as well as empirical evidence and summarizing key results. Without neglecting ethical...

Mortgage-backed securities have played a major role in the financial crisis and aren’t very popular as a result. This column documents macroeconomic benefits of these instruments, showing that economies with more developed markets for securitised mortgage debt share more consumption risk with other economies.

Link zur Veranstaltung: [http://www.ealiz.eu/content/index.php?option=com_content&view=article&id... Soziale Gerechtigkeit und Wirtschaftssicherheit in Europa].
Erscheint in: Europäische Akademie für Lebensforschung, Integration und...

Companies play a central role on the way towards sustainable development. Over the last years, many approaches have emerged that attempt to measure companies’ contribution to sustainable development, i.e. corporate sustainability. Our analysis of existing approaches reveals two major shortcomings. First, value creation as a core condition for sustainability as well as for further...