Two participants have to decide jointly, with the discussions preceding their choice being video/audiotaped. For two tasks, one with and one without strategic interaction, we refer to obvious reasoning styles as mental models. The videotaped discussions are analyzed according to which mental...

In repeated public good experiments, reciprocity helps to sustain high levels of cooperation. Can this be achieved by location choices in addition to making contributions? It is more realistic to rely on an intuitive neighborhood model for community members who interact repeatedly. In our...

Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects their hiring of workers and working times. Our approach pays special attention to such effects by proposing a complex stage game where firms invest in capital equipment before...

In seiner Besprechung der 1. Auflage dieser umfangreichen Einführung in die nicht-kooperative Spieltheorie lobte Martin A. Lobeck das anschauliche Beispielmaterial und schrieb: "Die Autoren, alle Volkswirtschaftler, legen den Schwerpunkt auf die ökonomischen Anwendungen der Spieltheorie und...