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DIW Discussion Papers 1512 / 2015
We analyze the effects of an incentive based regulatory scheme with revenue caps on the investment behaviors and decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments in the base year. We build a model that ...
2015| Astrid Cullmann, Maria Nieswand
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DIW Discussion Papers 1506 / 2015
This article assesses predictors of payouts and non-economic damages in medical malpractice cases decided by the Spanish Supreme Court from 2006 until 2010. Medical malpractice cases can be judged in administrative or civil courts, and this distinction heavily relies on the type of hospital where the medical accident took place (in general terms, administrative courts judge cases involving public hospitals ...
2015| Sofia Amaral-Garcia
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DIW Discussion Papers 1497 / 2015
Our study provides evidence for firms' evaluation of location quality. We use a 2004 survey of 6,000 East German firms that contained questions on the importance and assessment of 15 different location factors ranging from closeness to customers and suppliers, transport infrastructure, and proximity to research institutions and universities, as well as questions about the local financial institutions ...
2015| Alexander Eickelpasch, Georg Hirte, Andreas Stephan
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DIW Discussion Papers 1465 / 2015
Foundational to the discipline of management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g., investments, trainings, strategies and other managerial decision variables) potentially suffer from self-selection ...
2015| Joseph Clougherty, Tomaso Duso
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DIW Discussion Papers 1460 / 2015
We analyze a client's choice of contract in auctions where Dutch law firms compete for cases. The distinguishing feature is that lawyers may submit bids with any fee arrangement they prefer: an hourly rate, a fixed fee or a \mixed fee," which is a time-capped fixed fee plus an hourly rate for any additional hours should the case take longer than expected. This format of selling legal services is unusual ...
2015| Flóra Felsö, Sander Onderstal, Jo Seldeslachts
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DIW Discussion Papers 1432 / 2014
It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face different external career opportunities depending on their nationality. We test whether the career prospect of being ...
2014| Jeanine Miklós-Thal, Hannes Ullrich
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DIW Discussion Papers 1426 / 2014
In this paper, we analyze the technical efficiency of CO2 reduction potentials of German power and heat plants, using a non-parametric sequential Data Envelopment Analysis. We apply a metafrontier framework to evaluate plant-level efficiencies in the transformation of inputs into desirable (energy) and undesirable (CO2 emissions) outputs, taking into account different fossil fuel generation technologies. ...
2014| Stefan Seifert, Astrid Cullmann, Christian von Hirschhausen
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DIW Roundup 137 / 2020
There are various reasons why humans may want to reduce their consumption of meat and other animal products. In the following, we lay out important stylized facts about individual meat consumption, and then discuss the challenges and puzzles surrounding effective behavior change toward more sustainable, plant-based diets.
2020| Jana Friedrichsen, Manja Gärtner
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DIW Roundup 137 / 2020
Es gibt verschiedene Gründe dafür, den Konsum von Fleisch und anderen tierischen Produkten zu reduzieren. In diesem Beitrag stellen wir wichtige Fakten zum Fleischkonsum vor und diskutieren dann mögliche Wege und Herausforderungen in Bezug auf eine effektive Verhaltensänderung hin zu einer nachhaltigeren, weniger tierbasierten Ernährung.
2020| Jana Friedrichsen, Manja Gärtner
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DIW Roundup 92 / 2016
This Roundup discusses the literature on the effects of uncertainty on economic activity. Uncertainty will be generally referred to as the agents’ inability to form clear expectations about the future path of relevant economic variables. After motivating the analysis from a policy perspective, the Roundup outlines the key channels through which uncertainty exerts an impact on the economy. It then discusses ...
2016| Michele Piffer