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Recent discussions about the evolvement of nanotechnologies criticize that the notion ‘risk’ is too abstract and an all-inclusive category. Moreover, the concept of risk is not precise enough to describe the potential issues related to the development of nanotechnologies. Instead, experts of technological development speak more about risk communication. Within the field of nanotechnologies, they even redefined this expression in February 2005 and related it to the question of the societal acceptance of nanotechnologies. Risk communication is about to gain stakeholder acceptance of policy decisions, whereas public and stakeholders are encouraged to participate actively in the communication process through public consultations, hearings, etc. Thus on the one hand, the category of risk has been pragmatically nuanced in order to better highlight the vulnerability of the communication on nanotechnologies. On the other hand, this vulnerable communication is not the result of a deficit of information. It is based on the idea of participation, where the vulnerability relies on the social groups specialized in the design, the application, and the diffusion of nanotechnologies within society. How is this participation possible, and what does it mean? We develop this question in the framework of a comparative survey on experts that are involved in the deployment of nanotechnologies in Grenoble (France) and Hamburg (Germany).
Credit Constraints, Idiosyncratic Risks, and Wealth Distribution in a Heterogeneous Agent Model
(2007)
This paper examines the effects of credit market imperfections and idiosyncratic risks on occupational choice, capital accumulation, as well as on the income and wealth distribution in a two sector heterogeneous agent general equilibrium model. Workers and firm owners are subject to idiosyncratic shocks. Entrepreneurship is the riskier occupation. Compared to an economy with perfect capital markets, we find for the case of serially correlated shocks that more individuals choose the entrepreneurial profession in the presence of credit constraints, and that the fluctuation between occupations increases too. Workers and entrepreneurs with high individual productivity tend to remain in their present occupation, whereas low productivity individuals are more likely to switch between professions. Interestingly, these results reverse if we assume iid shocks, thus indicating that the nature of the underlying shocks plays an important role for the general equilibrium effects. In general, the likelihood of entrepreneurship increases with individual wealth.
Systemprotest! Die Arbeit handelt von Kommunikation. Über Systeme, Schemata, Qualität, Nachhaltigkeit, Erziehung und Bildung für nachhaltige Entwicklung. Die Arbeit handelt von der Frage, was gute Bildung für nachhaltige Entwicklung ist. Die Arbeit handelt von den vielen Problemen die auftreten, wenn man solche Fragen stellt. Die Arbeit handelt von Auswegen aus den vielen Problemen, die sich aber erst dann zeigen, wenn man nicht nach ihnen sucht.
The paper presents first results and ideas from an ongoing project dealing with the construction of a private closed-end fund for the municipal area of Hannover, Germany. It is argued that for assessing the economic prospects of the project it is helpful to apply a Monte Carlo (MC) simulation approach. Thereby, it is possible to account for contamination risks. Questions that must be solved are (1) to find probability distributions for the uncertain variables and the correlations among these, (2) to adequately integrate legal and political parameters. Despite its merits with regard to accounting for contamination risks in investment appraisal a MC simulation may not be useful for every kind of risk. Integrating legal and political factors using a solely stochastic approach appears not to be convincing, since this kind of uncertainty results from the strategic interaction of agents. Therefore, the potential value of using game theory and institutional analysis is stressed.
Die Industriebetriebe erwirtschaften knapp ein Viertel des deutschen Bruttoinlandsprodukts. Der Monatsbericht für Betriebe des Verarbeitenden Gewerbes sowie des Bergbaus und der Gewinnung von Steinen und Erden stellt für diese Betriebe eine Reihe wichtiger Daten bereit. Seit Ende 2006 ist dieses Datenmaterial, aufbereitet als Panel für die Jahre 1995 bis 2004 (und für 1995 bis 2002 ergänzt um die Angaben industrieller Kleinbetriebe), für ganz Deutschland in den Forschungsdatenzentren der Statistischen Ämter für Wissenschaftler zugänglich. Dieser Beitrag zeigt an drei Beispielen die Forschungspotenziale dieser Paneldaten für die Aufdeckung von empirischen Fakten, die statistische Überprüfung von theoretischen Hypothesen und die wissenschaftliche Politikberatung auf.
