A central concern in economics is to understand the interplay between institutions and labor markets. In this paper we argue that laboratory experiments are a powerful tool for studying labor market institutions. One of the most important advantages is the ability to implement truly exogenous...

Due to incomplete contracts, efficiency of an organization depends on willingness of individuals to take non-selfish actions, e.g., cooperate when there is no incentive to do so, or punish inefficient actions by others. Organizations also constitute a social boundary, or group. We investigate...

We investigate how group boundaries, and the economic environment surrounding groups, affect altruistic cooperation and punishment behavior. Our study uses experiments conducted with 525 officers in the Swiss Army, and exploits random assignment to platoons. We find that, without competition...

We investigate how group boundaries, and the economic environment surrounding groups, affect altruistic cooperation and punishment behavior. Our study uses experiments conducted with 525 officers in the Swiss Army, and exploits random assignment to platoons. We find that, without competition...

Due to incomplete contracts, efficiency of an organization depends on willingness of individuals to take non-selfish actions, such as cooperating when there is no incentive to do so or punishing inefficient actions by others. Organizations also constitute a social boundary, or group. We...

Hamburg und Schleswig-Holstein müssen sich dem globalen Wettbewerb stellen. Sie könnten ihre Ausgangsposition verbessern, wenn sie ihre Kräfte bündelten. Wo liegen die Stärken und Schwächen der beiden Länder? Welche gemeinsamen Interessen sollten sie verfolgen? Welche Rolle spielen dabei...

Die Staatskanzlei des Landes Schleswig-Holstein hat das Institut für Weltwirtschaft im Mai 2007 mit der Erstellung einer Studie zum Thema „Potenziale und Chancen zum Aufbau einer gemeinsamen Wirtschaftsregion Schleswig-Holstein und Hamburg“ beauftragt, die hiermit vorgelegt wird. Diese...