Volkswirtschaft - Open Access LMU - Teil 02/03

von Ludwig-Maximilians-Universität München · Bildung

Die Universitätsbibliothek (UB) verfügt über ein umfangreiches Archiv an elektronischen Medien, das von Volltextsammlungen über Zeitungsarchive, Wörterbücher und Enzyklopädien bis hin zu ausführlichen Bibliographien und mehr als 1000 Datenbanken reicht. Auf iTunes U stellt die UB unter anderem eine Auswahl an elektronischen Publikationen der Wissenschaftlerinnen und Wissenschaftler an der LMU bereit. (Dies ist der 2. von 3 Teilen der Sammlung 'Volkswirtschaft - Open Access LMU'.)

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Episoden

Social Norms and the Evolution of Conditional Cooperation
1. März 2007
This paper develops a model of social norms and cooperation in large societies. Within this framework we use an indirect evolutionary approach to study the endogenous formation…
An Empirical Test of the Reder Hypothesis
1. März 2007
A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential…
Competition for Firms in an Oligopolistic Industry: Do Firms or Countries Have to Pay?
1. März 2007
We set up a model of generalised oligopoly where two countries of different size compete for an exogenous, but variable, number of identical firms. The model combines a desire by…
Can Opacity of a Credible Central Bank Explain Excessive Inflation?
1. Februar 2007
Excessive inflation is usually attributed to the lack of central bank’s credibility. In this context, most of the literature considers transparency a means to establish central…
The Relationship Between Risk Attitudes and Heuristics in Search Tasks: A Laboratory Experiment
1. Februar 2007
Experimental studies of search behavior suggest that individuals stop searching earlier than predicted by the optimal, risk-neutral stopping rule. Such behavior could be…
The Impact of Naïve Advice and Observational Learning in Beauty-contest Games
24. Januar 2007
We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the…
Was Weber Wrong? A Human Capital Theory of Protestant Economic History
1. Januar 2007
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered…
Central Bank's Action and Communication
1. Januar 2007
This paper contributes to the ongoing debate about the welfare effect of public information. In an environment characterized by imperfect common knowledge and strategic…
Best Responding to What? A Behavioral Approach to One Shot Play in 2x2 Games
1. Januar 2007
We introduce a simple procedure to be used for selecting the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 games. We start with an…
Conditional cooperation on three continents
1. Januar 2007
We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral regularity. Yet, the number of conditional cooperators and the…
Adding a Stick to the Carrot? The Interaction of Bonuses and Fines
1. Januar 2007
In this paper we report on a principal-agent experiment where the principal can choose whether to rely on an unenforcable bonus contract or to combine the bonus contract with a…
Default Rates in the Loan Market for SMEs
1. Januar 2007
Banks entering an emerging market face a lot of uncertainty about the risks involved in lending. We use a unique unbalanced panel of nearly 700 short-term loans made to SMEs in…
Is the veil of ignorance only a concept about risk? An experiment
1. Januar 2007
We implement the Rawlsian thought experiment of a veil of ignorance in the laboratory which introduces risk and possibly social preferences. We find that both men and women react…
Why were FIFA World Cup Tickets so cheap?
1. Januar 2007
We examine the pricing decision of a multi-product monopolist in a two-sided market where the type structure of buyers on one side of the market is an important determinant of…
Education, Dynamic Signaling and Social Distance
1. Januar 2007
The paper enriches a standard signaling model of education with issues of social distance defined over educational achievements. More specifically it considers the effects that…
Spatial Convergence in Height in East-Central Europe, 1890-1910
1. Januar 2007
We examine spatial convergence in biological well-being in the Habsburg Monarchy circa 1890-1910 on the basis of evidence on the physical stature of 21-year-old recruits…
Project Finance as a Risk-Management Tool in International Syndicated Lending
1. Dezember 2006
We develop a double moral hazard model that predicts that the use of project finance increases with both the political risk of the country in which the project is located and the…
Corporate Hierarchies and the Size of Nations: Theory and Evidence
1. Dezember 2006
Corporate organization varies within a country and across countries with country size. The paper starts by establishing some facts about corporate organization based on unique…
Trust Games Measure Trust
1. Dezember 2006
The relationship between trust and risk is a topic of enduring interest. Although there are substantial differences between the ideas the terms express, many researchers from…
Selection Wages: An Illustration
1. Dezember 2006
Offering higher wages may enable firms to attract more applicants and screen them more carefully. If firms compete in this way in the labor market, "selection wages" emerge. This…
Does Stake Size matter for Cooperation and Punishment?
20. November 2006
The effects of stake size on cooperation and punishment are investigated using a public goods experiment. We find that an increase in stake size does neither significantly affect…
Acquisition versus greenfield: The impact of the mode of foreign bank entry on information and bank lending rates
1. November 2006
Policy makers often decide to liberalize foreign bank entry but at the same time restrict the mode of entry. We study how different entry modes affect the interest rate for loans…
Using ARIMA Forecasts to Explore the Efficiency of the Forward Reichsmark Market: Austria-Hungary, 1876-1914
1. November 2006
We explore the efficiency of the forward Reichsmark market in Vienna between 1876 and 1914. We estimate ARIMA models of the spot exchange rate in order to forecast the…
Underperformance in affluence: the remarkable relative decline in American heights in the second half of the 20th-century
1. November 2006
Objective: We use the complete set of NHES and NHANES data collected between 1959 and 2004 in order to construct trends for the physical stature of the non-Hispanic white and…
Science and Ideology in Economic, Political, and Social Thought
1. November 2006
This paper has two sources: One is my own research in three broad areas: business cycles, economic measurement and social choice. In all of these fields I attempted to apply the…
Searching the eBay Marketplace
1. Oktober 2006
This paper proposes a framework for demand estimation with data on bids, bidders' identities, and auction covariates from a sequence of eBay auctions. First the aspect of bidding…
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
1. Oktober 2006
A panel data set for six countries (Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia) is used to estimate money demand with panel cointegration methods over the…
Preferential tax regimes with asymmetric countries
1. Oktober 2006
Current policy initiatives taken by the EU and the OECD aim at abolishing preferential corporate tax regimes. This note extends Keen's (2001) analysis of symmetric capital tax…
Monitoring and Pay: An Experiment on Employee Performance under Endogenous Supervision
26. September 2006
We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous variable. Wage level, monitoring intensity and consequently…
Voting over Taxes: The Case of Tax Evasion
1. September 2006
This paper studies majority voting on taxes when tax evasion is possible. We characterize the voting equilibrium where the agent with median taxed income is pivotal. Since the…
Exclusive vs Overlapping Viewers in Media Markets
1. September 2006
This paper investigates competition for advertisers in media markets when viewers can subscribe to multiple channels. A central feature of the model is that channels are…
Entry of Foreign Banks and their Impact on Host Countries
1. September 2006
Foreign bank entry is frequently associated with spillover effects for local banks and increasing competition in the local banking market. We study the impact of these effects on…
Social Norms and Conditional Cooperative Taxpayers
1. September 2006
This paper incorporates tax morale into the Allingham Sandmo (1972) model of income tax evasion. Tax morale is interpreted as a social norm for tax compliance. The norm strength,…
Konsum im Jenseits?
1. September 2006
Many contributions to the economics of religion postulate an "afterlife consumption motive." People are assumed to maximize total utility--including afterlife utility. This essay…
Group Polarization in the Team Dictator Game reconsidered
8. August 2006
While most papers on team decision-making find teams to behave more selfish, less trusting and less altruistic than individuals, Cason and Mui (1997) report that teams are more…
Exclusive vs Overlapping Viewers in Media Markets
1. August 2006
This paper investigates competition for advertisers in media markets when viewers can subscribe to multiple channels. A central feature of the model is that channels are…
Arbeitsmarkt und Beschäftigung
1. Juli 2006
The Labor Market and Employment (Handbook article). The labor market differs from typical markets in important ways. We find job competition and collective mechanisms that set…
Fragmented property rights and R&D competition
1. Juni 2006
Where product innovation requires several complementary patents, fragmented property rights can be a factor that limits firms’ willingness to invest in the development and…
The Political Economy of Corruption and the Role of Financial Institutions
1. Juni 2006
In many developing countries, we observe rather high levels of corruption. This is surprising from a political economy perspective, as the majority of people generally suffers…
Economic Surplus and Derived Demand
1. Juni 2006
Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically…

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Die neueste Episode „Social Norms and the Evolution of Conditional Cooperation“ erschien am 1. März 2007.

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