People behave pro-socially in a wide variety of situations that standard economic theory is unable to explain. Social comparison is one explanation for such pro-social behavior: people contributeif others contribute or cooperate as well....

Empirical evidence is provided for the importance of non-reciprocal pro-social behavior of individuals in an anonymous, n-person pure public good setting. A unique panel data set of 136,000 observations is matched with an extensive survey....

People spend more and more time commuting and often find it a burden. According to economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals utility is equalized....

Die Entlohnung von Topmanagern ist in den westlichen Industrieländern über dieletzten Jahre markant angestiegen. Wir stellen verschiedene Ansätze dar, welche dieseEntwicklung zu erklären versuchen, und prüfen sie auf ihren Erklärungsgehalt: (1) DieEntwicklung ist das Ergebnis eines gut...

Stock option grants to top managers have largely contributed to the dramatic increase in US executive pay in recent years. In this paper it is argued that stock options, compared to other forms of compensation, have created strong incentives for managers to engage in lobbyingactivities for...