Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that if PWYW pricing is implemented, in a number of cases consumers do not behave selfishly and that some producers are able to use PWYW for increasing turnover and profits respectively. In this...

Der schleppende quantitative und qualitative Ausbau der Kindertagesbetreuung in Deutschland wird von uns als Anlass genommen, die gegenwärtige Finanzierungsstruktur und deren Anreize für die Marktteilnehmer im Bereich Kindertagesbetreuung zu untersuchen. Dazu wird die politische Fokussierung...

In an experiment designed to test for expressive voting, Tyran (JPubEc 2004) found a strong positive correlation between the participants' approval for a proposal to donate money for charity and their expected approval rate for fellow voters. This phenomenon can be due to bandwagon voting or a...

We review a large number of empirical studies on Pay-What-You-Want (PWYW) pricing. We distinguish between laboratory experiments, field experiments, survey experiments and case studies. Based on this survey we identify the following two gaps in the recently flourishing literature on PWYW...

Abstract: Improving child care and pre-school education is one of the challenging duties of public authorities in Germany. Given the public resources spent on nursery schools, the quantity as well as the quality of early childhood education in Germany is comparatively low. We think that...

We present an economic experiment on the impact of social information on voter behaviour and find strong support for bandwagon behaviour in voting decisions. In total, 418 subjects participated in the experiment. Bandwagon behaviour is found among both male and female subjects.

A country's production possibility frontier or PPF is defined as the boundary of its economy's production set in the net output space for a given technology and fixed quantities of primary factors of production. In general equilibrium theory, exogenous changes in technology or primary-factor...