We conducted six treatments of a standard moral hazard experiment with hidden action. All treatments had identical Nash equilibria. However, the behavior in all treatments and periods was inconsistent with established agency theory (Nash equilibrium). In the early periods of the experiment,...

We address the empirical question to which extent higher fuel efficiency of cars affects additional travel and how this behavioural aspect is modified by additional variables. The data set used to estimate a theoretical model of the rebound effect covers two panel waves, 1998 and 2003, taken...

We experimentally investigate the gap between willingness to pay and willingness to donate in the context of the promotion of green electricity. The experiment involves two differing scenarios (public choice versus individual choice) and two distinct public payment vehicles (direct tax versus...

We address the empirical question of the extent to which higher fuel efficiency of cars affects additional travel and the way this behavioral aspect is modified by additional variables. The data set used to estimate a theoretical model of the rebound effect covers two panel waves, 1998 and 2003,...

The European competition policy can look back at a successful forty-year old practice of application by the European Commission. However, non-competition factors in the competition policy has become more and more relevant with the increasing importance of the so called positive integration. In a...

Ziel der Untersuchung ist es, grundsätzliche Überlegungen, insbesondere aus ordnungsökonomischer Sicht, über den "more economic approach" der Europäischen Kommission anzustellen. Prinzipiell ist zunächst zu fragen, was eigentlich mit dem ökonomischeren Ansatz in der europäischen...