The behavioural approach can be applied to both the design of an auction as well as to the implementation of a bidding strategy. This paper reports a case study in which we assisted a bidder in the German DCS1800 auction in the preparation for its bidding. We describe the various steps on this...

This thesis contributes to the research on other regarding preferences by experimental studies. Chapter 1 investigates the feasibility of efficiency gains in a principal-agent relationship by voluntary leadership. Chapter 2 investigates whether negative reciprocity can be documented if the worse...

Politicians, scientists and journalists have aired vastly different assessments of the COVID-19 pandemic, ranging from rather optimistic to very pessimistic ones. In this paper we investigate how narratives conveying different assessments of the pandemic impact economic behavior. In a controlled...