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The effect of signalling and beliefs on the voluntary provision of public goods

Berlemann, Michael - 2003

guess the degree of overall cooperation. We also find that the possibility to make announcements during the experiment …

Persistent link: https://www.econbiz.de/10010507016

Coalition formation in multilateral negotiations with a potential for logrolling : an experimental analysis of negotiators' cognition processes

Lehmann-Waffenschmidt, Marco; Reina, Livia - 2003

with the standard public choice theory predictions. In the first experiment we have shown that in a situation of 3-issues … cases does not arise. In experiment 2 we have shown that the adoption of the unanimity, instead of the majority, rule … reduced the suboptimizing effect of the ZAB, and produced a much higher rate of optimal agreements. Experiment 3 shows that …

Persistent link: https://www.econbiz.de/10010506640

Negotiators' cognition : an experimental study on bilateral, integrative negotiation

Reina, Livia - 2003

Many negotiations offer a potential for integrative agreements in which the parties can maximize joint gains (through logrolling) without competing for resources as in a 0-sum game; nevertheless negotiators often fail to exploit this potential and settle for suboptimal, distributive agreements....

Persistent link: https://www.econbiz.de/10010506643

Strategic pricing of financial options

Bieta, Volker; Broll, Udo; Milde, Hellmuth; Siebel, Wilfried - 2009

The mainstream model of option pricing is based on an exogenously given process of price movements. The implication of this assumption is that price movements are not affected by actions of market participants. However, if we assume that there are indeed impacts on the price movements it no...

Persistent link: https://www.econbiz.de/10003941168

The value of non-binding announcements in public goods experiments : some theory and experimental evidence

Berlemann, Michael (contributor); … - 2004

Persistent link: https://www.econbiz.de/10002114765

Korruption und Schattenwirtschaft

Thum, Marcel (contributor) - 2005

Persistent link: https://www.econbiz.de/10003079812

The new Basel accord and the nature of risk : a game theoretic perspective

Bieta, Volker; Broll, Udo; Milde, Hellmuth; Siebe, Wilfried - 2007

Basel II changes risk management in banks strongly. Internal rating procedures would lead one to expect that banks are changing over to active risk control. But, if risk management is no longer a simple "game against natureʺ, if all agents involved are active players then a shift from a...

Persistent link: https://www.econbiz.de/10003481314

The economics of repeated extortion

Choi, Jay Pil; Thum, Marcel - 2003

This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...

Persistent link: https://www.econbiz.de/10010507749

Monetary policy under uncertain planning horizon

Berlemann, Michael - 2000

This note focuses on the role of the planning horizon in monetary policy games. We analyze the case of an uncertain horizon of the monetary policy game that has not been considered, yet. In addition to that we will - different from the basic Barro-Gordon-model - assume a quadratic loss function...

Persistent link: https://www.econbiz.de/10010507752

Deceleration revealed preference in society and win-win-strategy for sustainable management

Günther, Edeltraud (contributor); … - 2007

Until recently"decelerationʺ has been little recognized as a technical term or as an idea, but now it seems to be getting more attention. Despite time is a decisive factor for the productivity and competitive advantages of companies continual acceleration may well be counter-productive and lead...

Persistent link: https://www.econbiz.de/10003415474