Charness et al. (2007b) have shown that group membership has a strong effect on individual decisions in strategic games when group membership is salient through payoff commonality. In this comment I show that their findings also apply to non-strategic decisions, even when no outgroup exists, and...

It is becoming clear that strict interpretation of the Maastricht criteria and adherence to the 1.1.1999 as the starting date for EMU will lead to a two-speed monetary union with insiders and outsiders. In this case, the author proposes the introduction of a currency board for outsiders in order...

Im Berufsleben ist es entscheidend, mit anderen Menschen "zu können" und ihre typischen Verhaltensweisen zu kennen. Das gilt auf allen Hierarchieebenen und in allen Bereichen der Zusammenarbeit und ist die Basis für persönlichen und unternehmerischen Erfolg. Dieses Buch präsentiert aktuelle...

Recent studies found evidence for nominal wage rigidity during periods of relatively high nominal GDP growth. It has been argued, however, that in an environment with low nominal GDP growth, when nominal wage cuts become customary, workers' opposition to nominal cuts would erode and, hence,...