Bilateral bargaining situations are often characterized by informational asymmetries concerning the size of what is at stake: in some cases, the proposer is better informed, in others, it is the responder. We analyze the effects of both types of asymmetric information on proposer behavior in two...

The objective of the seminar was to discuss current issues involving financial markets and the economy in the fields of corporate governance, banks and stock markets as well as the causes and the consequences of international financial crises. (Published in German.)

This volume contains the papers and supplementary papers given at the 33rd Ottobeuren Seminar on Economics. The authors deal with current issues pertaining to education and economics, such as for example the determination and the assessment of the return on education, the influence of education...