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A critique of the literature on the US financial debt crisis

Stein, Jerome L. - 2010

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price … stochastic optimal control (SOC)/dynamic risk management is a much more effective approach to determine the optimal degree of … leverage, the optimum and excessive risk and the probability of a debt crisis. The theoretically founded early warning signals …

Persistent link: https://www.econbiz.de/10003936616

Dictator games : a meta study

Engel, Christoph - 2010

Over the last 25 years, more than a hundred dictator game experiments have been published. This meta study summarizes the evidence. Exploiting the fact that most experiments had to fix parameters they did not intend to test, the meta study explores a rich set of control variables for...

Persistent link: https://www.econbiz.de/10003947376

The relationship between economic preferences and psychological personality measures

Becker, Anke; Deckers, Thomas; Dohmen, Thomas; Falk, Armin - 2012

explaining heterogeneity in important life outcomes and behavior. -- risk preference ; time preference ; social preferences …

Persistent link: https://www.econbiz.de/10009535776

Are groups more rational than individuals? : a review of interactive decision making in groups

Kugler, Tamar; Kausel, Edgar E.; Kocher, Martin - 2012

Many decisions are interactive; the outcome of one party depends not only on its decisions or on acts of nature but also on the decisions of others. In the present article, we review the literature on decision making made by groups of the past 25 years. Researchers have compared the strategic...

Persistent link: https://www.econbiz.de/10009489008

The relationship between economic preferences and psychological personality measures

Becker, Anke; Deckers, Thomas; Dohmen, Thomas; Falk, Armin - 2012

explaining heterogeneity in important life outcomes and behavior. -- risk preference ; time preference ; social preferences …

Persistent link: https://www.econbiz.de/10009522305

Optimal structuring of assessment processes in competition law : a survey of theoretical approaches

Kretschmer, Jürgen-Peter - 2011

In competition law, the problem of the optimal design of institutional and procedural rules concerns assessment processes of the pro- and anticompetitiveness of business behaviors. This is well recognized in the discussion about the relative merits of different assessment principles such as the...