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Referierte Aufsätze Web of Science
This paper studies the effects of a minimum price fixed by a bureaucratic non-monopolistic professional association on service quality and consumer surplus. It shows that the price set by a Niskanen-type professional association will maximize consumer surplus only if consumers demand the highest possible average quality. If consumers demand services of lesser quality, the association's price will be ...
In:
European Journal of Law and Economics
30 (2010), 2, S. 171-199
| Georg Meran, Reimund Schwarze
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Referierte Aufsätze Web of Science
This paper examines whether schooling has a causal impact on individuals' political behavior. Between 1949 and 1969, the number of compulsory years of schooling in the Federal Republic of Germany was gradually increased across all federal states. These legislative changes provide an opportunity to investigate the causal impact of schooling on political behavior. Years of schooling are found to be positively ...
In:
The Scandinavian Journal of Economics
112 (2010), 2, S. 315-338
| Thomas Siedler
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Referierte Aufsätze Web of Science
This article examines the implications of moving to Computer-Assisted Personal Interviewing (CAPI) for data quality by analyzing the transition from Paper-and-Pencil (PAPI) to Computer-Assisted Personal Interviewing (CAPI) on a subsample of the German Socio-Economic Panel (SOEP) conducted using an "experimental design" in Wave 1. The 2,000 addresses for the sample E of SOEP were split into two subsamples ...
In:
Journal of Official Statistics
26 (2010), 2, S. 239-269
| Jörg-Peter Schräpler, Jürgen Schupp, Gert G. Wagner
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Referierte Aufsätze Web of Science
We empirically demonstrate a practical approach of efficiency evaluation with limited data availability in some regulated industries. We apply PCA-DEA for radial efficiency measurement to U.S. natural gas transmission companies in 2007. PCA-DEA reduces dimensions of the optimization problem while maintaining most of the variation in the original data. Our results suggest that the methodology reduces ...
In:
Review of Network Economics
9 (2010), 2, Article 4
| Maria Nieswand, Astrid Cullmann, Anne Neumann
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Referierte Aufsätze Web of Science
Electricity transmission pricing and transmission grid expansion have received increasing attention in recent years. There are two disparate approaches to transmission investment: one employs the theory based on long-run financial rights (LTFTR) to transmission (merchant approach), while the other is based on the incentive-regulation hypothesis (regulatory approach). In this paper we consider the elements ...
In:
Journal of Regulatory Economics
38 (2010), 2, S. 113-143
| William Hogan, Juan Rosellón, Ingo Vogelsang
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Referierte Aufsätze Web of Science
This paper defines the global economic costs of conflict and suggests two key criteria, namely comprehensiveness and consistency, which are necessary for a valid calculation of such costs. A critical review of the literature reveals that most studies focus on national income losses, using counterfactual regression models, finding a negative impact on growth both for conflict countries themselves and ...
In:
Defence & Peace Economics
21 (2010), 2, S. 165-176
| Carlos Bozzoli, Tilman Brück, Simon Sottsas
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Referierte Aufsätze Web of Science
This paper explores the use of informal credit as a strategy for managing risks by market women in northern Ghana. A broad concept of the costs of risk management strategies is introduced and encompasses both a time and monetary dimension. Based on qualitative data, the analysis reveals that market women invest a considerable amount of time in maintaining complex networks of informal credit providers ...
In:
Journal of Development Studies
46 (2010), 2, S. 234-253
| Kati Schindler
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Referierte Aufsätze Web of Science
In this article, the influence of conflict on the economies of neighbouring countries is discussed. The results from previous papers show a strong negative effect for an entire area around a country suffering from conflict, but this paper reaches a different conclusion, by using more recent data and adjusting the methodology previously employed. Additionally, a new type of contiguity matrix is constructed ...
In:
Defence & Peace Economics
21 (2010), 2, S. 149-164
| Olaf J. de Groot
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Referierte Aufsätze Web of Science
Set-point theory is the main research paradigm in the field of subjective well-being (SWB). It has been extended and refined for 30 years to take in new results. The central plank of the theory is that adult set-points do not change, except temporarily in the face of major life events. There was always some "discordant data", including evidence that some events are so tragic (e.g. the death of one's ...
In:
Social Indicators Research
97 (2010), 1, S. 7-21
| Bruce Headey
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Referierte Aufsätze Web of Science
Severance pay is a vital part of employment protection legislation (EPL). We investigate the incidence and level of severance pay for dismissed employees. Our theoretical model predicts that not only the law and its interpretation by labour courts but also the costs of a suit have an impact. Using West German panel data for 1991-2006, we find that theemployees' costs resulting from a suit and the legal ...
In:
International Review of Law and Economics
30 (2010), 1, S. 71-85
| Laszlo Goerke, Markus Pannenberg