Allokationsverfahren zur Vergabe von Zutrittslizenzen an Marktneulinge differieren hinsichtlich mehrerer Aspekte. Einer davon ist die Veröffentlichung der vom Regulierer im Lizenzvergabeverfahren gesammelten Informationen. Der Autor untersucht den Einfluss der Informationsweitergabe auf die...

Als zentralem Bestandteil der internationalen Finanzarchitektur kommt dem Internationalen Währungsfonds (IWF) heutzutage immer öfter die Aufgabe zu, bei Verschuldungskrisen souveräner Staaten, insbesondere weit fortgeschrittener Schwellen- und Transformationsländer, als multilateraler...

This thesis contributes to the literature by providing new insights into the patterns and market implications of insider trading. The inferences presented here are based on the insider trading reports filed with the Polish Securities and Exchange Commission and the New Zealand Exchange. First,...

Convergent evidence for detrimental effects of punishment on cooperation has been obtained in a wide variety of environments, ranging from American students facing punishment in laboratory experiments, to Israeli parents facing fines for arriving late to their child’s day care. We show here...

In Cote d'Ivoire, as in much of Africa, husbands and wives farm different crops on separate plots. These different crops are differentially sensitive to particular kinds of rainfall shocks. We find that conditional on overall household expenditure, the composition of expenditure is sensitive to...

North Carolina is challenged to foster economic development while protecting environmental assets under regulatory and legislative mandate. Small and medium enterprises (SMEs) are the major economic drivers in North Carolina, and in the United States as a whole, but existing support networks for...

This paper addresses the issues of whether the linking of core labor standards withmultilateral or bilateral trade agreements is an effective way of promoting the improvement of labor standards. We review the determinants of core labor standards overtime and conclude that efforts to improve...

This paper reports the findings of a meta-analysis of 37 papers with 75 results from ultimatum game experiments. We find that on average the proposer offers 40% of the pie to the responder. This share is smaller for larger pie sizes and larger when a strategy method is used or when subjects are...

The paper attempts to shed light on the key drivers of consumer tipping behavior and reports the findings from an exploratory study aimed at addressing consumer motivations and their influence on consumers’ willingness to tip. When approaching the research issue, the phenomenon presents an...