We present a field experiment to assess the effect of own and peer wage variations onactual work effort of employees with hourly wages. Work effort neither reacts to anincrease of the own wage, nor to a positive or negative peer comparison. This resultseems at odds with numerous laboratory...

We study the effect of voting when insiders ́public goods provision may affect passive outsiders. Without voting insiders ́contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...

We study the effect of fair institutions on growth. In our model, individuals are endowed with unequal entitlements to theeconomy’s output. They can free-ride or cooperate. Cooperation is individually costly, but increases aggregate output and growth.Experimentally, we observe significantly...

Vom Internet gehen wesentliche Veränderungen auf die Markenpflege aus. Die klassischeMarkenpflege, die durch geplante Aktionen in kontrollierter Umwelt gekennzeichnetist, stellt sich für das Web 2.0-Zeitalter als zu kurz gegriffen heraus. Der Markenmanagermuss unter diesen neuen Bedingungen...