The present thesis examines if and to what extent microeconomic theory can explain the observable behavior of individuals in competitive environments. On the basis of self-compiled datasets from (professional) sports competitions as well as a widely broadcasted TV quiz-show two research...

We explore the feasibility of a funded pension system with intergenerational risk sharing when participation in the system is voluntary. Typically, the willingness of the young to participate depends on their belief about the future young's willingness to do so. We characterise equilibria with...