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We present controlled experimental evidence on how corruption affects the private provision of public goods. Subjects in our experiment donate to non-profit associations. The associations provide local public goods that benefit all subjects. We compare average contributions between two...
Persistent link: https://www.econbiz.de/10012928993
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10012929025
This paper provides a first approach to assess gas market interaction on a network with nonconvex flow models. In the simplest possible setup that adequately reflects gas transport and market interaction, we elaborate on the relation of the solution of a simultaneous competitive gas market game,...
Persistent link: https://www.econbiz.de/10012931974
While single-level Nash equilibrium problems are quite well understood nowadays, less is known about multi-leader multi-follower games. However, these have important applications, e.g., in the analysis of electricity and gas markets, where often a limited number of firms interacts on various...
Persistent link: https://www.econbiz.de/10012827778
In this data documentation, we provide detailed information on the data that is used in order to calibrate the GATE model. Since we are looking at the hypothetical German electricity market in 2035 and the resulting investment incentives, we have to select all exogenous parameters based on...
Persistent link: https://www.econbiz.de/10012889262
In this paper we propose an equilibrium model in order to analyze the impact of electricity market design on generation and transmission expansion in liberalized electricity markets. In a multi-level structure, our framework takes into account that generation investment and operation is decided...
Persistent link: https://www.econbiz.de/10012912686
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all treatments a proposer has to divide a pie among herself and two groups of three recipients each. She cannot discriminate within, but across groups. A committee with representatives...
Persistent link: https://www.econbiz.de/10013011168
Die Nationale Akademie der Wissenschaften Leopoldina und der Rat für Nachhaltige Entwicklung (RNE) legen ein gemeinsames Positionspapier vor, in dem Wege zur Klimaneutralität bis 2050 vorgestellt werden. Leopoldina und RNE zeigen darin Handlungsoptionen für die erforderlichen Veränderungen...
Persistent link: https://www.econbiz.de/10012939196
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