As a social science, economics studies social interactions. What distinguishes it from other social science disciplines is, firstly, its focus on interactions involving the management of scarce resources and, secondly, its conception of itself as generating traceable, verifiable findings that...

Two opposed parties seek to influence an uninformed decision maker. They invest in acquiringinformation and select what to disclose. The decision maker then adjudicates. We compare thisbenchmark with a procedure allowing adversarial cross-examination. A cross-examiner tests theopponent in order...

The paper estimates the policy representation of 34 German parties that participate in the 2017 Bundestag (federal) election. For this purpose, the party positions on 31 topical issues are compared with the results of recent public opinion polls. Then we construct the party indices of popularity...

The paper estimates the policy representation of 34 German parties that have participated in the 2017 Bundestag (federal) election. For this purpose, the party positions on 31 topical issues are compared with the results of recent public opinion polls. Then we construct the party indices of...

For decades, some governments have fiercely opposed any statute of the Societas Europaea that foresaw German-type co-determined supervisory boards. Considering firms as pools of specific investors, we ask about the conditions that are necessary to secure the interests of "specific human...

Staatlich organisierte Altersvorsorgesysteme, die in Umlage finanziert werden (in Deutschland ist dies die gesetzliche Rentenversicherung [GRV]), bedürfen einer expliziten Regelung, wie hoch die Renten sein sollen bzw. wie die laufenden Renten den veränderten ökonomischen Rahmenbedingungen...