Discussion Papers

from SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich
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234: Optimal Tournament Contracts for Heterogenous Workers

Oliver Gürtler and Matthias Kräkel

233: Risk Taking in Winner-Take-All Competition

Kräkel, Matthias, Petra Nieken and Judith Przemeck (Matthias Kräkel)

232: Limited Liability and the Risk-Incentive Relationship

Budde, Jörg and Kräkel, Matthias (Matthias Kräkel)

231: Expectation Damages, Divisible Contracts, and Bilateral Investment

Susanne Ohlendorf

230: Is the veil of ignorance only a concept about risk? An experiment

Hannah Hörisch

229: An experimental test of the deterrence hypothesis

Hörisch, Hannah and Christina Strassmair

228: A Model of Vertical Oligopolistic Competition

Markus Reisinger and Monika Schnitzer

227: Corporate Hierarchies and the Size of Nations: Theory and Evidence

Dalia Marin and Thierry A. Verdier

226: Opportunistic Termination

Alexander Stremitzer

225: Domestic Rivalry and Export Performance: Theory and Evidence from International Airline Markets

Joseph A. Clougherty and Anming Zhang

224: Plaintiffs exploiting Plaintiffs

Alexander Stremitzer

223: Does Interbank Borrowing Reduce Bank Risk?

Valeriya Dinger and Juergen von Hagen

222: The Politician and his Banker

Christa Hainz and Hendrik Hakenes

221: The Dynamics of Research Joint Ventures: A Panel Data Analysis

Tomaso Duso, Enrico Pennings and Jo Seldeslachts

220: The Actual Structure of eBay’s Feedback Mechanism and Early Evidence on the Effects of Recent Changes

Tobias J. Klein, Christian Lambertz, Giancarlo Spagnolo and Konrad O. Stahl

219: Feedback in Tournaments under Commitment Problems: The-ory and Experimental Evidence

Oliver Gürtler and Christine Harbring

218: Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools

Jo Seldeslachts, Joseph A. Clougherty and Pedro Barros

217: Equal Sharing Rules in Partnerships

Björn Bartling and Ferdinand von Siemens

216: The Effect of Bank Competition on the Bank’s Incentive to Collateralize

Christa Hainz

215: Which Reputations Does a Brand Owner Need? Evidence from Trade Mark Opposition

Georg von Graevenitz

214: Double-Sided Moral Hazard, Efficiency Wages and Litigation

Oliver Gürtler and Matthias Kräkel

213: Who is Afraid of Political Risk? Multinational Firms and their Choice of Capital Structure

Iris Kesternich and Monika Schnitzer

212: FDI and Domestic Investment: An Industry-Level View

Christian Arndt, Claudia M. Buch and Monika Schnitzer

211: Allocation of Authority when a Person is not a Robot

Jianpei Li and Yanhui Wu

210: Efficient Inequity–Averse Teams

Jianpei Li

209: Power in the Multinational Corporation in Industry Equilibrium

Dalia Marin and Thierry A. Verdier

208: Short-term or long-term contracts? - A rent-seeking perspective

Oliver Gürtler

207: Competing in Organizations: Firm Heterogeneity and International Trade

Dalia Marin and Thierry A. Verdier

206: Variance analysis and linear contracts in agencies with distorted performance measures

Jörg Budde

205: Bonus Pools, Limited Liability, and Tournaments

Jörg Budde

204 D82, M52: Performance measure congruity in linear agency models with interactive tasks

Budde, J”rg

203: Distorted performance measurement and relational contracts

Budde, J”rg

202: The Choice of Prices vs. Quantities under Uncertainty

Markus Reisinger and Ludwig Ressner

201: Limited Liability and the Trade-off between Risk and Incentives

Matthias Kräkel

200: Optimal Risk Taking in an Uneven Tournament Game with Risk Averse Players

Matthias Kräkel

199: License Auctions with Royalty Contracts for (Winners and) Losers

Thomas Giebe and Elmar Wolfstetter

198: Two Tales on Resale

Felix Höffier and Klaus M. Schmidt

197: Adding a Stick to the Carrot? The Interaction of Bonuses and Fines

Ernst Fehr and Klaus M. Schmidt

196: Unawareness, Beliefs and Games

Aviad Heifetz, Martin Meier and Burkhard Schipper

195: Garbled Elections

Patrick W. Schmitz and Thomas Troger

194: Providing Public Goods Without Strong Sanctioning Institutions

Anke Gerber and Philipp C. Wichardt

193: Why and How Identity Should Influence Utility

Philipp C. Wichardt

192: The Performance of Private Equity Funds: Does Diversification Matter?

Ulrich Lossen

191: Internet Peering as a Network of Relations

Steffen Lippert and Giancarlo Spagnolo

190: Delegation and Incentives

Daniel Krähmer and Helmut Bester

189: Can’t Buy Me Rights! —The Contractual Structure of Asymmetrical Inter-firm Collaborations

Carolin Häussler (Carolin Haeussler)

188: Cluster Performance reconsidered: Structure, Linkages and Paths in the German Biotechnology Industry, 1996-2003

Carolin Häussler and Zademach, Hans-Martin (Carolin Haeussler)

187: Country size and publicly provided goods

Klaas Staal

186: Collective Production and Incentives

Alex Gershkov, Jianpei Li and Paul Schweinzer

185: Mergers, Litigation and Efficiency

Oliver Gürtler and Matthias Kräkel