Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects their hiring of workers and working times. Our approach pays special attention to such effects by proposing a complex stage game where firms invest in capital equipment before...

This volume contains the papers and discussions of the 38th Ottobeuren Seminar on Economics dealing with the subject of experimental economics. It presents several experiments, some of whose results clearly contradict the predictions of traditional economics and thus provide important incentives...

This volume contains the papers and the supplementary papers presented at the 37th Ottobeuren Seminar on the subject of "labor contracts." They deal with the reasons for and the effects of regulations in individual and collective labor contracts. Their purpose is to contribute to a better...

This volume contains the papers and supplementary papers given at the 33rd Ottobeuren Seminar on Economics. The authors deal with current issues pertaining to education and economics, such as for example the determination and the assessment of the return on education, the influence of education...

The authors in this work evaluate the challenges for economic policy faced at the turn of the century from various angles. They discuss new empirical evidence on this subject, review new theoretical approaches and consider the consequences for economic policies. (Published in German.)