The theory of large one-shot simultaneous-play games with a biosocial typology has been presented in both the individualized and distributionalized forms-large individualized games (LIG) and large distributionalized games (LDG), respectively. Using an example of an LDG with two actions and a...

We give a sufficient condition on the type space for revenue equivalence when the set of social alternatives consists of probability distributions over a finite set. Types are identified with real-valued functions that assign valuations to elements of this finite set, and the type space is...

It is well-known that the ability of the Vickrey-Clarke-Groves (VCG) mechanism to implement efficient outcomes for private value choice problems does not extend to interdependent value problems. When an agent's type affects other agents' utilities, it may not be incentive compatible for him to...

In this paper the most relevant results obtained in a survey conducted by 300 users of the "Pablo de Olavide" Seville metro stop are presented. The aim of the paper is twofold. On the one hand, the user profile is analysed: motivations for using the subway, intermodality and flows, whereas, on...

This paper examines the remittance behaviour of multiple-sibling migrants and the motivations of Kenyan siblings in sending remittances to their household of origin. The presence of other siblings is found to decrease the probability of remitting but has no effect on the amount sent. The volume...

This study examines the determinants of firm profitability for 114 firms listed on the Nigerian Stock Exchange (NSE) from 1998 to 2012, using the system Generalized Method of Moments (GMM). The results show that lagged profitability exerts significant positive effect on contemporaneous firm...

Der Beitrag möchte ein besseres Verständnis der inter- und transnationalen Verbreitung von Nudging als einem Subtypus von Verhaltenspolitik schaffen. Auf der Grundlage einer Dokumentenauswertung und von Interviews diskutieren wir in zwei Schritten, wie die Entstehungs- und Erfolgsbedingungen...

Agency-Beziehungen und Kontrakt-Design Die Arbeit beschäftigt sich mit dem Kontrakt-Design, welches zur Lösung eines einfachen Prinzipal-Agenten-Problems nötig ist. Letztlich geht es um die Möglichkeit einer wirksamen Kontrolle: Wie kann ein besser informierter Agent durch einen weniger gut...

This paper discusses three approaches in economics which take a position on the definition of well-being and which use insights from psychology to support their positions: Scitovsky's Joyless Economy, happiness economics, and the constitutional approach to happiness in economics. The paper shows...

The existence of ambiguity presents a challenge to decision-makers as it eliminates the ability to apply standard optimization approaches, such as those based on calculating the objective expected values of alternative actions. In reality, ambiguity arises in most strategically important...