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...

We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a...

No abstract available

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...