Incentives often distort behavior: they induce agents to exert effort but this effort is not employed optimally. This paper proposes a theory of incentive design allowing for such distorted behavior. At the heart of the theory is a trade-off between getting the agent to exert effort and ensuring...

Use of the Internet by entrepreneurs has transformed gambling. Many have notionally located their businesses away from jurisdictions with heavy taxes and intrusive regulation, to offshore centres with very low taxes and regulations intended to prove their statistics and the avoidance of money...

Begrüßung -- Begrüßung -- Homo Ludens — Zum Verhältnis von Spiel und Computerspiel -- Homo Ludens — Zum Verhältnis von Spiel und Computerspiel -- Wirtschaftliche Bedeutung der Elektronischen Spiele -- Elektronische Spiele: Wachstumsmarkt mit großer Wertschöpfung -- Spielemarkt aus...