This paper studies the evolution of peoples' models of how other people think - their theories of mind. First, this is formalized within the level-k model, which postulates a hierarchy of types, such that type k plays a k times iterated best response to the uniform distribution. It is found...

Information on the capital stock employed in a firm is missing in data sets from official statistics in Germany. This paper presents a method to estimate the capital stock of manufacturing enterprises that are covered by the cost structure survey from German official statistics. It uses data...

This paper makes three contributions. (1) It summarizes in tabular form a recent literature made of 36 micro-econometric studies for 16 different countries on the relationship between export destination and firm performance. (2) It reports estimates of the productivity premium of German firms...

Using data from the Behavioral Risk Factor Surveillance System for 2006, I test recent theoretical predictions on social comparisons influencing individual Body Mass Index (BMI). I find that in particular the average BMI of individuals in the same county-age-gender-cell as the respective...

I exploit exogenous changes in school year length in Germany in 1966 and 1967 to study the causal effect of education on health. Controlling for cohort, school track and Federal states fixed effects, which fully control for the assignment into treatment, reveals no differences in body weight,...

There remains great uncertainty about the economic consequences of co-determination in German supervisory boards. Because employee representation on company boards is mandatory, depending on the legal form and size of the company, a direct comparison of those companies that apply...

Alexander Dilger kritisiert in den Industriellen Beziehungen 4/2009 meinen dort veröffentlichten Beitrag „Die Aufsichtsratslücke im Dienstleistungssektor: Ausmaß und Bestimmungsgründe“. Der zentrale Vorwurf bezieht sich auf die Qualität der Hoppenstedt Daten. Darüber hinaus beklagt er...

Das ökonomische Potential des Einsatzes von Ausschreibungen für Umweltleistungen konnte nunmehr auch in Europa aufgezeigt werden. Jedoch stellen diese Modellprojekte bislang nur einen ersten Schritt auf dem Weg zur Implementierung von Ausschreibungen in europäische Politikmaßnahmen dar. Dies...

Aus den normativ gegebenen Zielen des gesamtwirtschaftlichen Gleichgewichts, die den Sollzustand eines Wirtschaftssystems beschreiben, werden mit Hilfe der goldenen Regel der Kapitalakkumulation von Allais und der Eigenzinstheorie von Keynes notwendige Bedingungen an die Zinsstruktur einer...