8,496 research outputs found
Zehn Jahre Basler Übereinkommen : internationaler Handel mit gefährlichen Abfällen ; Gutachten im Auftrag der Friedrich-Ebert-Stiftung ; Zusammenfassung und Handlungsempfehlungen
von Matthias Buck ; Carsten HelmElectronic ed.: Bonn : FES Library, 199
Zehn Jahre Basler Übereinkommen : internationaler Handel mit gefährlichen Abfällen ; Gutachten im Auftrag der Friedrich-Ebert-Stiftung
von Matthias Buck und Carsten HelmLiteraturverz. S. 44 - 47. - Electronic ed.: Bonn : FES Library, 199
Financial integration within the European Union: Towards a single market for insurance
Our study analyses the extent of integration of the EU market for life and non-life insurance. The main integration indicator used is the market share (premium based) of foreign companies in domestic markets. For the calculation of this indicator, three different kinds of foreign presence are taken into account: foreign presence through merger and acquisitions, through branches and agencies and direct cross-border sales without physical presence. Whereas the static view reveals a high degree of national fragmentation the dynamic view indicates advancing integration. The results also show that integration is even less advanced for life than for non-life insurance and that mergers and acquisitions are the dominant strategy to access a foreign market. Besides summarising the liberalisation history of the European insurance sector and discussing consumer benefits from further integration, the study contributes to a better understanding of obstacles to insurance market integration.European Financial Integration; Insurance Sector; Internal Market
No judge, no job!: Judicial discretion and incomplete labor contracts
The decision making of judges is prone to error and misapprehension. Consequently, the prevailing literature ties the economic function of courts to dispute resolution and minimization of rule making costs. In contrast to previous research, this analysis applies a contract theoretic perspective to the ruling of courts and keeps the focus on the implemented market transactions. Using labor contracts as institutional setting, performance and limitations of judicial law making are formally investigated and compared to the effects of specific legislation. It is shown that the efficient relation of legislative law making and judicial discretion is defined by the characteristics of the particular field of law and the actual market structure. The model also suggests a mutual dependency between legislation and adjudication to establish efficiency in law, contradicting the traditional legal doctrines of exclusive legislation or sole case-law. --incomplete contracts,judicial law making,legislation
Matthias Wagner : author profile
The author presented on this page has published his 10. article in Angewandte Chemie in the last 10 years
Discrete Mathematics - Special Issue: Graph Theory - dedicated to Carsten Thomassen on his 60th birthday
Carsten Thomassen belongs to the worlds's absolute top graph theorists, and to the world's top mathematicians in general. The special issue is a rather somewhat random collection of good papers in graph theory, by many different authors, dedicated to Carsten Thomassen on his 60th birthday.Guest editors:Lars Døvling Andersen, Jørgen Bang-Jensen, János Bárat, Marco Chiarandini, Tommy R. Jensen, Leif Kjær Jørgensen, Matthias Kriesell, Anders Sune Pedersen, Bjarne ToftCarsten Thomassen belongs to the worlds's absolute top graph theorists, and to the world's top mathematicians in general. The special issue is a rather somewhat random collection of good papers in graph theory, by many different authors, dedicated to Carsten Thomassen on his 60th birthday.Guest editors:Lars Døvling Andersen, Jørgen Bang-Jensen, János Bárat, Marco Chiarandini, Tommy R. Jensen, Leif Kjær Jørgensen, Matthias Kriesell, Anders Sune Pedersen, Bjarne Tof
Naturalizing institutions: Evolutionary principles and application on the case of money
In recent extensions of the Darwinian paradigm into economics, the replicator-interactor duality looms large. I propose a strictly naturalistic approach to this duality in the context of the theory of institutions, which means that its use is seen as being always and necessarily dependent on identifying a physical realization. I introduce a general framework for the analysis of institutions, which synthesizes Searle's and Aoki's theories, especially with regard to the role of public representations (signs) in the coordination of actions, and the function of cognitive processes that underly rule-following as a behavioral disposition. This allows to conceive institutions as causal circuits that connect the population-level dynamics of interactions with cognitive phenomena on the individual level. Those cognitive phenomena ultimately root in neuronal structures. So, I draw on a critical restatement of the concept of the meme by Aunger to propose a new conceptualization of the replicator in the context of institutions, namely, the replicator is a causal conjunction between signs and neuronal structures which undergirds the dispositions that generate rule-following actions. Signs, in turn, are outcomes of population-level interactions. I apply this framework on the case of money, analyzing the emotions that go along with the use of money, and presenting a stylized account of the emergence of money in terms of the naturalized Searle-Aoki model. In this view, money is a neuronally anchored metaphor for emotions relating with social exchange and reciprocity. Money as a meme is physically realized in a replicator which is a causal conjunction of money artefacts and money emotions. --Generalized Darwinism,institutions,replicator/interactor,Searle,Aoki,naturalism,memes,emotions,money
The evolutionary approach to entropy: Reconciling Georgescu-Roegen's natural philosophy with the maximum entropy framework
In Georgescu-Roegen's classical, though controversial discussion of entropy in relation to economics, the dualism of mechanical and subjective time plays a pivotal role. I argue that this fundamental distinction also inheres modern approaches to maximum entropy. Following Searle, I introduce the ontological dualism of observer independent and observer relative facts, and show that the notion of entropy also manifests this dualism, in the sense of the contextuality of measurements in experimental settings. Extending on the notion of observer relativity, I argue that the MaxEnt principle can be generalized into a framework of analyzing the evolution of (biological, technological etc.) functions under natural selection, if functions are equated with inference devices. Then, observer relativity is function relativity. In hierarchical evolutionary systems, this corresponds to the Maximum Entropy Production Principle, in the sense that functional evolution approximates gradients of maximum dissipation of energy. Against this background, the Georgescu-Roegen dualism of time translates into the dualism of observer independent entropy, which is the object of MEPP, and observer relative entropy, which is the object of MaxEnt. Both are two aspects under which evolution in general and economic evolution in particular can be analyzed. --Georgescu-Roegen,maximum entropy,observer relativity,time,hierarchical evolutionary systems,natural selection,physical concepts of information
- …
