In this study the performance of players in relegated German football clubs is analysed, in particular the change in their contribution to team production. The players in the data sample differ regarding their outside options. Different career opportunities of players may have two effects when...

We study uncertain linear complementarity problems (LCPs), that is, problems in which the LCP vector q or the LCP matrix M may contain uncertain parameters. To this end, we use the concept of Γ‐robust optimization applied to the gap function formulation of the LCP. Thus, this work builds upon...

In this study the performance of players in relegated German football clubs is analysed, in particular the change in their contribution to team production. The players in the data sample differ regarding their outside options. Different career opportunities of players may have two effects when...

An important appeal of strategy-proofness is the robustness that it implies. Under a strategy-proof voting rule, every individual has an optimal strategy independently of the behavior of all other voters, namely truth-telling. In particular, optimal play is robust with respect to the beliefs...

We study a model in which agents with single-peaked preferences can participate in a costly voting procedure to determine the value of a one-dimensional variable. We show that, for all positive participation costs and all profiles of individual preferences, there exists a unique equilibrium...

Trust is an important driver of economic transactions, but how do people decide whom to trust? We conduct an experiment to investigate whether people are able to predict trustworthiness by judging the face of a stranger. The behavior of the second player in the Trust Game is used as a measure of...