In a recent paper, Pratt and Zeckhauser (JPE, 1996) discuss the measure of individuals' willingness to pay (WTP) for the reduction of risks to their lives which should be used for public decisions on risk-reducing projects. They suggest to correct observed WTP for the "dead-anyway" effect, which...

In many countries, collectively financed health insurance systems or health services delivery systems (such as the NHS) exist. Typically, these institutions are financed via general taxes or specific contributions levied on earnings. As benefits are not dependent upon income, this implies a...

Weltweit wird über Reformen der sozialen Sicherung diskutiert. Eines der zentralen Themen dabei ist, welche Aufgaben der Staat übernehmen und was privaten Akteuren überlassen bleiben soll. Dabei geht es nicht nur um den Umfang, sondern auch um die Art staatlicher Tätigkeit, z. B. durch...