) for the continuous trading and extends it to the auction phase. The second chapter analyzes the impact of adverse … compensation of liquidity provision changes. The fourth chapter changes the focus to the opening auction. It proposes an extension … information about future prices that is not incorporated in the auction price. …

-Turnier und Scoring-Auktion, werden mit einer Auktion kombiniert, in der um die Teilnahme am Turnier geboten wird (entry auction … modifizierte Lizenzauktion, die profitabler ist als die in der Literatur untersuchten Mechanismen. Bei dieser Auktion wird eine … begrenzte Anzahl Royalty-Verträge (Royalty = mengenabhängige Lizenzgebühren) versteigert und die Verlierer der Auktion erhalten …

Computerprogramme den Menschen im Wertpapierhandel ersetzen. Sie helfen dabei Investmententscheidungen zu treffen oder Transaktionen … untersucht daher die Forschungsfrage, ob sich Aussagen über computergesteuerten Wertpapierhandel (kurz: Algorithmic Trading) aus …

. Using an online natural field experiment with over 700,000 subjects, this chapter tests theory on price discounts and shows … fundraising strategies on the specifics of past donation dimensions.The second chapter examines an auction used to solve the …. This chapter studies bidder behavior in a reverse auction where landowners compete to sell and retire the right to develop …

sets simulated for Full Signal Detection Theory and its special cases of standard Signal Detection Theory and Complementary … Signal Detection Theory. …

Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues …: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than … one bidder who submits the same bid, the auction cannot completely sort bidders by valuation. In effort to maximize …

preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … dependence compared to classical models of expected utility theory. It is shown that some empirical puzzles concerning … utility theory are met. It is shown that the methodological concerns are empirically relevant when a classification of …