- Details
On April 3, 2014, ISET hosted Prof. Stephan von Cramon-Taubadel from the University of Göttingen, who presented his paper "European Consumers’ Willingness to Pay for Israeli-Palestinian Peace Products".
The main finding of the paper is that the ethical side of food products have become increasingly important for Western European consumers. One example of the trend of ethical consumption are “peace products”, commodities produced in peaceful economic cooperation between members of conflicting parties in areas of political conflict. In the context of the Israeli-Palestinian conflict, Prof. von Cramon-Taubadel investigated the willingness of consumers from four European countries to pay for two food products jointly produced by Israelis and Palestinians.
- Details
On February 21, 2014, ISET hosted Dr. Gerald Willmann of the University of Bielefeld. Dr. Willmann presented his paper, which he coauthored with Emily Blanchard, titled: “Unequal Gains, Prolonged Pain: Dynamic Adjustment Costs and Protectionist Overshooting”.
At the beginning of the presentation, Dr. Willmann explained his model from the field of political economy. The model, which concerns the political economy of trade protection, has two main features. First, there exists labor market friction that prevents people from shifting their human capital between sectors in accordance with changes in labor market conditions. Second, political decision-making is modeled as an endogenous process where decisions are made by a median voter.
Our Partners
