Different to other scientific disciplines traditional economic theory has remained remarkably silent about procedural aspects of strategic interactions. Much to the contrast, among psychologists there is by now a broad consensus that not only expected outcomes shape human behavior, but also...

Different to other scientific disciplines traditional economic theory has remained remarkably silent about procedural aspects of strategic interactions. Much to the contrast, among psychologists there is by now a broad consensus that not only expected outcomes shape human behavior, but also...

Die Möglichkeit einer straferleichternden Selbstanzeige vor der Entdeckung durch Strafverfolgungsbehörden oder eines Straferlasses für geständige Angeklagte in Gerichtsverhandlungen ist weitverbreitet in den meisten Rechtssystemen. Die Diskussion in den Rechtswissenschaften konzentriert sich...

We study competition among market designers who create new trading platforms, when boundedly rational traders learn to select among them. We ask whether ‘Walrasian’ platforms, leading to market-clearing trading outcomes, will dominate the market in the long run. If several market designers...