Die ostdeutschen Hochschulen können die veränderten demographischen Rahmenbedingungen durch Wanderungsgewinne annähernd kompensieren – die Zahl der Studierenden bleibt, ebenso wie die Laufenden Ausgaben je Studierenden, etwa konstant. Gleichzeitig sinken jedoch die vom Land zugewiesenen...

We combined a natural experiment (the occurrence of the COVID-19 pandemic in 2020) with the tools of laboratory experiments to study whether and how an unprecedented shock on social interactions (the introduction and abrogation of a nationwide lockdown) affected the evolution of individuals'...

Building on findings showing that laws exert a causal effect on social norms, this paper investigates whether this "expressive power of law" differs by gender or race. We develop a model to show that such differences are theoretically plausible. We then use an incentivized vignette experiment to...

Building on findings showing that laws exert a causal effect on social norms, this paper investigates whether this "expressive power of law" differs by gender or race. We develop a model to show that such differences are theoretically plausible. We then use an incentivized vignette experiment to...

We discuss a principal-agent model in which the principal has the opportunity to include a non-compete agreement in the employment contract. We show that if the agent faces limited liability and there is an incentive problem the principal prefers not to impose such a clause if and only if the...

We discuss a principal-agent model in which the principal has the opportunity to include a non-compete agreement in the employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave the firm generates implicit incentives for the...

By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men. The paradox of women's declining relative well-being is...