We study the influence of reason and intuition on decision making over time. Facing a sequence of similar problems, agents can either decide rationally according to expected utility theory or intuitively according to case-based decision theory. Rational decisions are more precise but create...

Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...

Dieser Beitrag stellt einige grundlegende Überlegungen zu den polit-ökonomischen Determinanten der Bildungspolitik an. Aufbauend auf einer Analyse der bildungspolitischen Interessen innerhalb der Wahlbevölkerung werden verschiedene Reformvorschläge wie etwa Bildungssubventionen und...

Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...