In der vorliegenden Arbeit wurde das Verhalten des Migrations-Gittins-Index, welcher im sequentiellen Migrationsmodell die optimale Migrations-"Politik" determiniert, und variierendem Risiko untersucht. Das Hauptinteresse lag auf der Frage, inwieweit sich das für risiko-neutrale Migranten...

This paper provides the first step of a planned econometric analysis of the factors influencing the remigration decisions of Turkish guest-workers in the FRG back to their home-land: the specification of a decisiontheoretically founded sequential discrete-choice model. At this it is presupposed...

The paper deals with existence and properties of temporary migration equilibria with an overlapping generations structure in a two-country-world. Individuals are living for two periods. As a young individual they are supposed to be incompletely informed about wage rates and the quality of life...

Starting from a sequential decision of international migration under incomplete information (see (1)) a Markov process for the number of in- and out-migrants from country j to country o is modeled. The parameters of this process involve the degree of uncertainty of the migrants about the quality...

In an experimental evolutionary game framework we investigate whether subjects end up in a socially efficient state. We examine two games, a game where the socially efficient state is also an equilibrium and a game which has no equilibrium in pure strategies at all. Furthermore, we distinguish...

This paper focuses on the uneasy alliance of rational choice and evolutionary explanations in modern economics. While direct evolutionary explanations rule out "purposeful" rational choice by assuming "zero-intelligence" and pure rational choice explanations leave no room for "selective"...

For games of simultaneous action selection and network formation, game-theoretic behavior and experimental observations are not in line: While theory typically predicts inefficient outcomes for (anti-)coordination games, experiments show that subjects tend to play efficient (non Nash) strategy...

Approximate truth refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...