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We document an increase in the scoring probability from penalties in soccer, which separates the time period before 1974 significantly from that after 1976: the scoring probability increased by 11%. We explain this finding by arguing that the institution of penalty-shooting before 1974 is best...
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We analyze group contests for public goods by applying the solution concept of an evolutionary stable strategy (ESS). We show that a global ESS cannot exist, because a mutant free-rider can always invade group behavior successfully. There does exist, however, a unique local ESS, which we...
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Motivationen treiben Entscheidungen an. Doch welche Ziele werden im Kontext ökonomischer Entscheidungen verfolgt? Sowohl die 'Realität' als auch die experimentelle Wirtschaftsforschung zeichnen ein widersprüchliches Bild. 'Fairneß' beeinflußt Verhandlungsergebnisse, 'Reziprozität' hilft...
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