Die vorliegende Arbeit liefert über eine agency-theoretische Analyse für alternative Produktmarktbedingungen Erkenntnisse zu den Eigenschaften optimaler linearer Anreizsysteme auf Basis einer relativen Performancebewertung im duopolistischen Wettbewerb. Gegenstand der Analyse ist insbesondere...

Diese Arbeit versucht, die wirtschaftliche Bedeutung der globalen Erwärmung zu erklären und die Lösung dieses Problems zu finden. Die globale Erwärmung als länderübergreifendes Problems kann durch das marktwirtschaftliche Preissystem gelöst werden, besonders durch den internationalen...

New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent's installed base, users' adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...

This paper takes a mechanism design approach to federalism and assumes that local preferences are the private information of local jurisdictions. Contractual federalism is defined as a strategy-proof contract among the members of the federation supervised by a benevolent but not omniscient...

We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other. In order to communicate they need to have a language in common. Learning languages is costly. In this setting no individually rational and feasible Groves mechanism exists. We...

Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remaining firms remain loyal. If firms interact only once, if products are homogenous, if firms compete in price, and if marginal cost is constant, theory even predicts that strategic interaction...

Providing public goods is hard, because providers are best off free-riding. Is it even harder if one group's public good is a public bad for another group or, conversely, gives the latter a windfall profit? We experimentally study public goods provision embedded in a social context and find that...

This research is inspired by in-kind donations that have the capacity to increase the marginal benefit (productivity) in provision of public goods, for example by providing critical infrastructure that increases the productivity of resources utilized by local public good providers. We provide...

The provision of public goods often benefits a larger group than those who actively provide the public good. In an experimental setting, this paper addresses institutional arrangements between subjects who can provide a public good (insiders) and subjects who benefit from the public good but...