To investigate the demand for 5G in Germany, we applied the Van Westendorp Method (VWM) to measure willingness to pay (WTP) and price sensitivity ( N = 504). The results show that more than half already own a 5G smartphone and these customers are less price sensitive. The accepted price range...

Environmental decisions made by individuals, civil society and the state involve questions of economic efficiency, environmental effectiveness, equity and political legitimacy. These four criteria are constitutive of economic, social and environmental dimensions of sustainable development, which...

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

We analyze the development of the German knowledge base measured by co-classifications of patents by German inventors and relate this technological development to changes in the structure of the underlying inventor networks. Our central hypothesis states that technologies which become more...

Social interactions determine many economic behaviors, but information on social ties does not exist in most publicly available and widely used datasets. We present results on the identification of social networks from observational panel data that contains no information on social ties between...

Combining mentoring theory with social network theory, this study investigates the formation of mentoring networks. In a sample of 127 military officers, we test hypotheses regarding the relationship between self-monitoring personality and mentoring network characteristics. Protégé's...

Workers are embedded within a network of social relationships and can communicate through word-of-mouth. They can find a job either directly or through personal contacts. From this micro scenario, we derive an aggregate matching function that has the standard properties but fails to be...

We provide some of the first rigorous evidence on performance spillovers and social network in the workplace. The data we use are rather extraordinary - weekly data for rejection rates (proportion of defective output) for all weavers in a firm during a 12 months (April 2003-March 2004) period,...