Managers like to think well of themselves, and of the firms that employ them. However, positive illusions can bias a manager's evaluation of market outcomes, self-servingly crediting success on the superior quality of one's own product but blaming failure on the aggressive price of a...

Recent empirical studies have revealed prejudice based on country of origin in the Swiss naturalization system before courts banned closed ballot voting in 2003. Although the switch to elected councils has ameliorated the situation for the discriminated applicant groups, little has been known...

We present a model of opinion formation where individuals repeatedly engage in discussion and update their opinion in a social network similarly to the DeGroot model. Abstracting from the standard assumption that individuals always report their opinion truthfully, agents in our model may state...

Bei vielen Gelegenheiten wird darüber informiert, dass die Akzeptanz der Marktwirtschaft in den vergangenen Jahren deutlich zurückgegangen sei. Manchmal stammt diese Behauptung aus einer fundamentalen Kapitalismuskritik, manchmal wird sie aus punktuellen Umfrageergebnissen abgeleitet. Nicht...