We use incentivized economics experiments to test both the point predictions and comparative static predictions of optimal transfer pricing models, comparing behavior under varying conditions, including wholly versus partially-owned subsidiaries and different tariff and tax rates. As predicted,...

Replication crisis and debates about p-values have raised doubts about what we can statistically infer from research findings, both in experimental and observational studies. With a view to the ongoing debate on inferential errors, this paper systematizes and discusses experimental designs with...

Experiments are often used to study individual decision‐making under controlled circumstances. Due to their low opportunity costs and high availability, university students are frequently recruited as the study population. Even though they are rather untypical with regard to many...

Bayes' statistical rule remains the status quo for modeling belief updating in both normative and descriptive models of behavior under uncertainty. Some recent research has questioned the use of Bayes' rule in descriptive models of behavior, presenting evidence that people overweight `good news'...

Um Präferenzen für Maßnahmen zur Stärkung von Sicherheit und Verteidigung als öffentlichem Gut zu bestimmen, bieten sich repräsentativ durchgeführte diskrete Entscheidungsexperimente an. Ein solches umfragegestütztes Experiment offenbart für Deutschland eine große Wertschätzung für...

Die deutsche Rentenversicherung steht durch den demografischen Wandel unter enormem Reformdruck. Trotz großer Besorgtheit findet keine Reform der im Versicherungssystem angelegten Stellschrauben eine Mehrheit in der deutschen Bevölkerung. In einem Vignettenexperiment im Rahmen der...

The European gas market is organized as a so-called entry-exit system with the main goal to decouple transport and trading. To this end, gas traders and the transmission system operator (TSO) sign so-called booking contracts that grant capacity rights to traders to inject or withdraw gas at...

Scholars increasingly converge on the view that entrepreneurship education (EE) should start early during the formative years of individuals' educational careers, ideally in primary and secondary education. They also agree that promotion of attitudinal factors, especially, entrepreneurial...

The energy consumption of large-scale data centers or server clusters is expected to grow significantly in the next couple of years contributing to up to 13% of the worldwide energy demand in 2030. As the involved processing units require a disproportional amount of energy when they are idle,...

This paper reports an experiment designed to assess the influence of workplace arrangements on the reactions to (the absence of) control. We compare behavior in an Internet and a laboratory principal-agent game where the principal can control the agent by implementing a minimum effort...