ZEW Discussion Papers

Theory suggests that new market entrants play a special role for the creation of new technological pathways required for the development and diusion of more sustainable forms of production, consumption,…

Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem to be a consensus if they bring any value to economic interactions. In this paper, I argue…

Most empirical studies on private climate change adaptation rely on self-reported intentions which often fail to translate into real actions. Consequently, this strand of literature can only insufficiently…

We explore the possibility of designing matching mechanisms that can accommodate non -standard choice behavior. We pin down the necessary and sufficient conditions on participants’ choice behavior for the…

We experimentally test a theoretically promising amendment to the ratchet-up mechanism of the Paris Agreement. The ratchet-up mechanism prescribes that parties’ commitments to the global response to climate…

This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation…

Current corporate disclosures regarding carbon emissions lack commonly accepted accounting rules. The accrual accounting system for carbon emissions described here is grounded in the rules of historical cost…

Volunteering is a widespread allocation mechanism in the workplace. It emerges naturally in software development or the generation of online knowledge platforms. Using a field experiment with more than 2000…

We study consumer debt relief as a tool of distributive politics and ask if debt relief can influence elections. We utilize quasi-experimental variation generated by a very large debt relief program enacted in…