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Kein Fachbuch, eher eine Reisebeschreibung zu vielen Orten in der Welt, wobei der Frage, wie man als Einzelner mit grenzüberschreitendem Handel über die Runden kommt, besondere Bedeutung beigemessen wird
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experiment in West Germany, where people in geographically restricted areas received commercial TV via terrestrial frequencies …
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As self-learning pricing algorithms become popular, there are growing concerns among academics and regulators that algorithms could learn to collude tacitly on non-competitive prices and thereby harm competition. I study popular reinforcement learning algorithms and show that they develop...
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This paper sets up an experimental asset market in the laboratory to investigate the effects of ambiguity on price formation and trading behavior in financial markets. The obtained trading data is used to analyze the effect of ambiguity on various market outcomes (the price level, volatility,...
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