The literature on social preferences provides overwhelming evidence of departuresfrom pure self-interest of individuals. Experiments show that people care about others’well-being and their relative standing. This paper investigates whether this type ofbehavior persists when risk comes into...

During the last three decades the ascent of behavioral economics clearly helped tobring down artificial disciplinary boundaries between psychology and economics.Noting that behavioral economics seems still under the spell of the rational choicetradition – and, indirectly, of behaviorism – we...

In der Literatur zur Abschlußprüfung ist ein negativer Effekt eines ökonomischen Vorteils aus der wiederholten Mandatsannahme, der aufgrund von Transaktionskosten entsteht, auf die Unabhängigkeit des Abschlußprüfers diskutiert worden. Anders als die bisher vorgestellten Ansätze wird im...

The successful deregulation of other network industries like telecommunications and electricity has put increasing pressure on governments to deregulate and liberalize letter markets.(...)

Die vorliegende Arbeit besteht aus drei eigenständigen Teilen, die sich in ihrer Form jeweils an wissenschaftlichen Aufsätzen orientieren. Es wird jeweils ein Modell zu den wichtigsten Verhandlungsformen {bilateral, monopolistisch und polylateral) vorgestellt, analysiert und diskutiert.(...)

We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995). In our experiment, only the trustee knows the size of the surplus. Subjects' expectations about each other's behavior are also elicited. (...)

We examine the strategic behavior of leaders and followers in sequential duopoly experiments in which followers either perfectly observe the leaders' actions or else observe nothing. (...)

This paper analytically investigates the credibility of managerial forecast disclosure introducing a game theoretic perspective by extracting robust implications from disclosure models.

This paper shows an economic experiment on network formation, inwhich subjects can decide to form links to one another.