Risikos angesprochen. -- pricing kernels ; risk aversion ; risk neutral density …

The paper studies an duopoly with risk averse firms exposed to demand uncertainty. A risk sharing market is introduced …

In an anonymous experiment with induced fairness norms, physical exercises (squat jumps with arm-swings) are used as … payment units in order to avoid windfall gains. We vary fairness norms, authority norms and social control in three …. We believe payments above the fairness norm to be a sequential cash flow with a random probability of termination after …