Showing 1 - 10 of 235
In empirischen und theoretischen Untersuchungen wird die Rolle von Verträgen für das Zustandekommen von ökonomischen Transaktionen auf Arbeitsmärkten betont. Da die Investitionstätigkeit in Sach- und Humankapital sowie in Forschung und Entwicklung häufig spezifisch erfolgt, ist es...
Persistent link: https://www.econbiz.de/10009471912
We offer a new perspective on games of irreversible investment under uncertainty in continuous time. The basis is a particular approach to solve the involved stochastic optimal control problems which allows to establish existence and uniqueness of an oligopolistic open loop equilibrium in a very...
Persistent link: https://www.econbiz.de/10009452557
The Maschler-Perles solution is the unique bargaining solution which is superadditive and satisfies the usual covariance properties. We provide two proofs for superadditivity that do not rely on the standard traveling time.
Persistent link: https://www.econbiz.de/10009452469
A cephoid is an algebraic ("Minkowski") sum of finitely many prisms in R^n. A cephoidal game is an NTU game the feasible sets of which are cephoids. We provide a version of the Shapley NTU value for such games based on the bargaining solution of Maschler-Perles.
Persistent link: https://www.econbiz.de/10009452537
Existing theoretical literature fails to explain satisfactorily the differences between the pay of workers that are covered by collective agreements and others who are not. This study aims at providing a model framework which is amenable for an analysis of this issue. Our general-equilibrium...
Persistent link: https://www.econbiz.de/10009448925
Persistent link: https://www.econbiz.de/10009449709
It is given a brief overview over the experimental results in ultimatum games with complete and incomplete information, especially considering fairness. Following theories which model different fairness considerations are presented. The main part extends the Double Auction model by the inequity...
Persistent link: https://www.econbiz.de/10009451152
Diese Arbeit betrachtet menschliches Verhalten auf elektronischen M?rkten. In diesem Zusammenhang wurden zwei Experimente durchgef?hrt, die das Auction Fever in Holl?ndischen Auktionen sowie das menschliche Risikoverhalten im sehr hohen Wahrscheinlichkeitsbereich n?her untersuchen. Im Experiment...
Persistent link: https://www.econbiz.de/10009485587
"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...
Persistent link: https://www.econbiz.de/10009468330
"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...
Persistent link: https://www.econbiz.de/10009468335