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...

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...

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...

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 cost and all profiles of individual preferences, there exists a (generically) unique...