Am Beispiel der Wirtschaftswissenschaften wird empirisch untersucht, inwieweit die Qualität der Fachbereiche bei der Studienortwahl berücksichtigt wird. Im Rahmen eines Gravitationsansatzes zeigt sich, dass vor allem die Nähe zum Heimatort und das Mietniveau am Ort der Hochschule die...

Wegen einer steigenden Bildungsbeteiligung ist das Erwerbspersonenpotential der jungen Menschen in den letzten Jahren gesunken. Aufgrund des Nachrückens geburtenschwacher Jahrgänge wird die Bedeutung der Jüngeren für den Arbeitsmarkt alsbald noch mehr abnehmen. Die Konsequenzen der...

Should one expect a worker’s productivity, and thus wage, to depend on the productivity of his/her co-workers in the same workplace, even if the workers carry out completely independent tasks and do not engage in team work? This may well be the case because social interaction among co-workers...

Can a company attract a different type of employee by changing its compensation scheme? Is it sufficient to pay more to increase employees’ motivation? Should a firm provide evaluation feedback to employees based on their absolute or their relative performance? Laboratory experiments can help...

In a range of settings, private firms manage peer effects by sorting agents into different groups, be they schools, communities, or product categories. This paper considers such a firm, which controls group entry by setting a series of anonymous prices. We show that private provision...

This paper develops a simple model in which a social hierarchy emerges endogenously when agents form a network for complementary interaction (``activity''). Specifically, we assume that agents are ex ante identical and their best response activity, as well as their value function, increases...