In an experimental study we examine a variant of the <i>'minimum effort game'</i>, a coordination game with Pareto ranked equilibria, and risk considerations pointing to the least efficient equilibrium. We focus on the question whether simple cues such as smiles, winks and handshakes could be...

In an experimental study we examine a variant of the 'minimum effort game', a coordination game with Pareto ranked equilibria, and risk considerations pointing to the least efficient equilibrium. We focus on the question whether simple cues such as smiles, winks and handshakes could be...

Trust games are employed to investigate the effect of heterogeneity in income and5 race on cooperation in South Africa. The amount of socio-economic informationavailable to the subjects about their counterparts is varied. No significantbehavioural differences are observed when no such...

The economic literature on online auctions is rapidly growing because of theenormous amount of freely available field data, moreover the emergence ofnumerous innovative auction design features on auction platforms such aseBay have created excellent research opportunities. In this article, we...

In this paper, a specific cutting problem will be considered that has only received very limited attention in the literature so far, namely one in which the plate to be cut down contains a (rectangular) defective region...

River floods are part of the natural hydrologic cycle and mayoccur several times per year, caused by heavy downpours andsnowmelt. However, in recent years, often attributed to globalwarming, an increasing number of extreme flood events couldbe observed in central Europe. Moreover, these events...

In manual order picking systems, order pickers walk or drive through a distribution warehouse inorder to collect items which are requested by (internal or external) customers. In order to performthese operations efficiently, it is usually required that customer orders are combined into (more...