Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems

From Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich
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69: Externalities, Communication and the Allocation of Decision Rights

Helmut Bester

68: The Evolutionary Stability of Optimism, Pessimism and Complete Ignorance

Burkhard Schipper

67: Fairness and Contract Design

Ernst Fehr, Alexander Klein and Klaus Schmidt

66: The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories

Ernst Fehr and Klaus Schmidt

65: The Origins of the German Corporation – Finance, Ownership and Control

Julian Franks, Colin Mayer and Hannes Wagner

64: Labor Pooling in R&D Intensive Industries

Heiko Gerlach, Thomas Rønde and Konrad O. Stahl

63: Rage Against the Machines: How Subjects Learn to Play Against Computers

Peter Dürsch, Albert Kolb, Jörg Oechssler and Burkhard Schipper

62: Last Minute Feedback

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

61: A Note on Sabotage in Collective Tournaments

Oliver Gürtler

60: A Canonical Model for Interactive Unawareness

Aviad Heifetz, Martin Meier and Burkhard Schipper

59: Ambiguity and Social Interaction

Jürgen Eichberger, David Kelsey and Burkhard Schipper

58: Fairness, Adverse Selection, and Employment Contracts

Ferdinand von Siemens

57: Bargaining under Incomplete Information, Fairness, and the Hold-Up Problem

Ferdinand von Siemens

56: Black Sheep and Walls of Silence

Gerd Mühlheusser and Andreas Roider

55: In Search of Workers' Real Effort Reciprocity - A Field and a Laboratory Experiment

Heike Hennig-Schmidt, Bettina Rockenbach and Abdolkarim Sadrieh

54: Imitation - Theory and Experimental Evidence

Jose Apestgeguia, Steffen Huck and Jörg Oechssler

53: Imitators and Optimizers in Cournot Oligopoly

Burkhard Schipper

52: Interactive Unawareness

Aviad Heifetz, Martin Meier and Burkhard Schipper

50: Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraint

Francois Ortalo-Magne and Sven Rady

49: Heterogeneity within Communities: A Stochastic Model with Tenure Choice

Francois Ortalo-Magne and Sven Rady

47: Rent seeking in sequential group contests

Oliver Gürtler

46: Doping in Contest-Like Situations

Matthias Kräkel

45: Emotions and the Optimality of Unfair Tournaments

Matthias Kräkel

44: Are 18 holes enough for Tiger Woods?

Oliver Gürtler

43: A Characterization of the Distributions That Imply Existence of Linear Equilibria in the Kyle-Model

Georg Nöldeke and Thomas Tröger

42: Speculation in Standard Auctions with Resale

Rodney Garratt and Thomas Tröger

41: Lobbying contests with endogenous policy proposals

Johannes Münster

40: Interim Information in Long Term Contracts

Roland Strausz

39: Bid Rigging. An Analysis of Corruption in Auctions

Yvan Lengwiler and Elmar Wolfstetter

38: Can Post-Grant Reviews Improve Patent System Design? A Twin Study of US and European Patents

Stuart Graham and Dietmar Harhoff

37: Is Silence Golden? Patents versus Secrecy at the Firm Level

Katrin Hussinger

36: A Proxy Bidding Mechanism that Elicits all Bids in an English Clock Auction Experiment

Dirk Engelmann and Elmar Wolfstetter

35: Integrating competition policy and innovation policy: the case of R&D cooperation

Georg von Graevenitz

34: Optimal Information Revelation by Informed Investors

Roland Strausz

33: Timing of Verification Procedures: Monitoring versus Auditing

Roland Strausz

32: An Economist's Guide to Digital Music

Martin Peitz and Patrick Waelbroeck

31: File-Sharing, Sampling, and Music Distribution

Martin Peitz and Patrick Waelbroeck

30: The Role of Equality and Efficiency in Social Preferences

Ernst Fehr, Michael Naef and Klaus Schmidt

29: Spillovers Reconsidered: Analysing Economic Welfare under complementarities in R&D

Georg von Graevenitz

28: Networks of Relations

Steffen Lippert and Giancarlo Spagnolo

27: Buried in Paperwork: Excessive Reporting in Organizations

Roland Strausz

26: Deterministic versus Stochastic Mechanisms in Principal–Agent Models

Roland Strausz

25: Honest Certification and the Threat of Capture

Roland Strausz

24: Mediation in Situations of Conflict and Limited Commitment

Kay Mitusch and Roland Strausz

23: Externalities and the Allocation of Decision Rights in the Theory of the Firm

Helmut Bester

22: Trade, growth and geography: A synthetic

David Dion

21: Regional integration and economic development: An empirical approach

David Dion

20: Regional integration and economic development: A theoretical approach

David Dion

19: Integrating Industrial Organization and International Business to Explain the Cross-National Domestic Airline Merger Phenomenon

Joseph Clougherty

18: Moral Hazard and the Internal Organization of Joint Research

Simona Fabrizi and Steffen Lippert

17: Banking Regulation and Financial Accelerators: A One-Period Model with Unlimited Liability

Wolfgang Bühler and Christian Koziol

16: Platform Ownership

Volker Nocke, Martin Peitz and Konrad Stahl

15: Tournaments versus Piece Rates under Limited Liability

Matthias Kräkel

14: Does Partnering Pay Off? - Stock Market Reactions to Inter-Firm Collaboration Announcements in Germany

Carolin Häussler

11: Fairness and the Optimal Allocation of Ownership Rights

Ernst Fehr, Susanne Kremhelmer and Klaus Schmidt

10: Cooperative Investments Induced by Contract Law

Urs Schweizer

9: Gregarious Behaviour of Evasive Prey

Ilan Eshel, Emilia Sansone and Avner Shaked

8: Banks without Parachutes - Competitive Effects of Government Bail-out Policies

Hendrik Hakenes and Isabel Schnabel

7: Herding and Contrarian Behavior in Financial Markets - An Internet Experiment

Mathias Drehmann, Jörg Oechssler and Andreas Roider

6: Measuring Strategic Uncertainty in Coordination Games

Frank Heinemann, Rosemarie Nagel and Peter Ockenfels

5: Priority Auctions and Queue Disciplines that Depend on Processing Time

Thomas Kittsteiner and Benny Moldovanu

4: Simultaneous inter- and intra-group conflicts

Johannes Münster

3: Does Anonymity Matter in Electronic Limit Order Markets?

Thierry Foucault, Sophie Moinas and Erik Theissen

2: Contracting with Imperfect Commitment and Noisy Communication

Helmut Bester and Roland Strausz

1: Globalization and the Empowerment of Talent

Dalia Marin and Thierry Verdier