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Meine Dissertation hat vier Kapitel. In allen Kapiteln benutze ich Wettkampfmodelle um politökonomische Fragestellungen zu untersuchen. In Kapitel 1 untersuchen ich und meine Koautorin Dana Sisak welchen Effekt öffentliche Meinungsumfragen für das Verhalten von konkurrierenden Parteien in...
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We examine how the legal protection of outside shareholders and the appropriative costs that they induce influence the incentives for private firms to go public. A higher degree of protection of shareholders can increase the appropriative costs associated with the conflict between managers and...
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We examine a setting in which property rights are initially ambiguously defined. Whether the parties go to court to remove the ambiguity or bargain and settle privately, they incur enforcement costs. When the parties bargain, a version of the Coase theorem holds. Despite the additional costs of...
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