We investigate the effects of information feedback in rent-seeking games with two different contest structures. In the deterministic contest a contestant receives a share of the rent equal to her share of rent-seeking expenditures, while in the stochastic contest a contestant wins the entire...

This study uses high-frequency appliance-level electricity consumption data for 124 apartments over 24 months to provide a better understanding of appliance-level electricity consumption behavior. We conduct our analysis in a standardized set of apartments with similar appliances, which allows...

Information links are an integral part of the functioning of any real system (whether it is a biological system, the economic system of the state or the control system of the company). For proper operation of the system is necessary to have a well-defined information flows both: direct, indirect...

In this paper we examine the impact of information on individual contributions in a public-bad experiment. We compare two experimental treatments. In the partial information treatment, subjects are only informed about the total contributions by their group, whereas in the full information...

In this paper we consider the problem of allocating scarce resources in a divisionalized company; the resources are made available by the headquarters and requested by profit centers (PCs). This problem was observed at a large german insurance company (LAGIC). Currently, the resources are...