This paper analyzes a market in which two horizontally differentiated firms compete by setting menus of two-part tariffs, and in which some consumers are not informed about the linear per-unit price component.…
We describe a new mechanism - what we call a booster draft - for allocating multiple, indivisible objects among a group of individuals. The mechanism’s appeal lies in its strategy-proofness and simplicity:…
In current forecasts of learning and income losses due to corona-related school closings, the short school years for the nationwide standardization of the start of the school year and the extension of compulsory…
Although natural hazard insurance is advocated as an important means of risk management, private insurance demand often remains below critical levels. Prior loss experience and the design of governmental relief…
German Real Estate Finance Index (DIFI Report)
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2020
Since March 2020, the Eurosystem has been purchasing government bonds under the Pandemic Emergency Purchase Programme (PEPP). The PEPP was set up as a non-standard policy measure to encounter the economic…
Contributions to Edited Volumes and Conference Proceedings
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2020
This study aims to assess the economic benefits of high-speed broadband within and across neighboring counties in Germany. Utilizing a balanced panel dataset of 401 German counties with data from 2010 to 2015 as…