Traditional economic theory assumes individuals to be entirely rational actors who are solely maximizing their own utility. However, various experimental studies show that individuals do not necessarily conform…
Measuring unobserved individual ability is a core challenge of the analysis of questions related to human capital development. For that purpose, concepts from psychology, predominantly measures of IQ have become…
Migrant children are lagging behind in terms of educational performance in many industrialised countries. The relatively low educational level of their parents as well as language difficulties are well-known…
This article considers cognitive distance and combined competence as predictors of success in co-operative Research and Development (R&D) projects of firms. The concepts of cognitive distance and combined…
Prices for European Emission Allowances (EUAs) are seen in a range of 16.30 to 17.60 EUR until July 2010. Short-term price expectations are slightly higher compared to the last survey from June 2009. Long-term…