A major reform of the German regional passenger railway services was established with the so called Regionalisierungsgesetz in 1996. As a consequence, regional passenger railway services have been procured by…
The evaluation of long-term eects of climate change in cost-benet analysis has a long tradition in environmental economics. Since the publication of the Stern Review in 2006 the debate about the "appropriate"…
Manifold childhood impressions result from the interactions with adult caregivers and the environment. These impressions, be they beneficial or detrimental, shape individual skill formation and achievement over…
This study explores the intergenerational transmission of time preferences and focuses on the question which specific aspects of mother’s time preference are related to her preschool child’s ability to delay…
The assessment of climate change mitigation policies mainly depends on three not mutually exclusive modeling decisions: First, the chosen discount rate, since costs are incurred today and long-term benefits…
Since the problem of climate change has drawn attention both in political and academic agenda, the question of how much people are willing to pay for the mitigation of global warming has been a subject of keen…