Households do not follow the finance industry's model of a homo oeconomicus - a rational planner. To the contrary, their financial decisions are influenced by character traits (e.g. self-control), (a lack of)…
This paper studies popular macroeconomic factors based on the gross domestic product (GDP) in a unified framework. Based on theoretical reasons, aggregate GDP as a measure of fundamental risk is an obvious risk…
In some cases, linking of policies for the provision of international public goods can increase welfare on a global scale. One example is the international linking of national policies for the reduction of…
This paper investigates the extent to which the Fukushima Daiichi nuclear disaster of March 2011 has had an impact on the private demand for climate protection in Germany. On March 11, 2011 the Tohoku earthquake…
