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:…
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…
We analyze a monopolist who offers different variants of a possibly dangerous product to heterogeneous customers. Product variants are distinguished by different safety attributes. Customers choose product…
In this paper we explore the relationship between innovative firms that patent technology related to Industry 4.0 and their economic performance. By applying the new patent cartography developed by the EPO…
