Durch die Existenz von Hochschulen kommt es zu realen Ressourcenzuflüssen in die sie umgebenden Regionen. Wir zeigen am Beispiel der Otto-von-Guericke-Universität Magdeburg und der Hochschule Magdeburg-Stendal (FH), dass die Nachfrageeffekte aufgrund der monetären Zuflüsse deutlich größer...

For simple sequential games, the payoff structure has certain bargaining power implication. Intuitively, certain actions may have the effect of the carrot and the stick as sanctioning means. Fair outcomes can be alternatively viewed as the consequence of their presence. Experimental data on...

Thomas Moutos, Professor at the University of Athens once mentioned that Maradona had probably done more for the welfare of Argentina than any economic advice had ever achieved. In this paper we measured the social welfare which will be produced by the German National Soccer Team during the...

In this paper, we attempt to renew the interest in marginal employment subsidies. Such subsidies are paid only for a firm's additional employment exceeding some reference level and create larger employment stimuli at lower fiscal costs than general wage subsidies for all workers. If the hiring...

According to the model of HOEL (1991), a unilateral emissions abatement of a global pollutant leads to lower aggregated emissions in a game with a simultaneous decision protocol. Our experiment tests the Hoel model and examines the question of whether a leader can induce additional abatement of...

Die Untersuchung analysiert, in welchem Umfang und auf welchen Wegen der Wissens- und Humankapitaltransfer durch die Otto-von-Guericke- Universität Magdeburg und die Hochschule Magdeburg-Stendal (FH) in die Wirtschaft Sachsen-Anhalts stattfindet. Ausgehend von der wirtschaftlichen Ausgangslage...

This paper puts three of the most prominent specifications of ‘other-regarding’ preferences to the experimental test, namely the theories developed by Charness and Rabin, by Fehr and Schmidt, and by Andreoni and Miller. In a series of experiments based on various dictator and prisoner’s...

We examine how communication affects cooperation with the help of seven standard public goods experiments that only differ with respect to the medium of pre-play communication. Our treatments include bi-directional and unidirectional communication via (mostly electronic) auditory and/or visual...

The problem of coordination failure, particularly in "team production" situations, is central to a large number of mircroeconomic as well as macroeconomic models. As this type of inefficient coordination poses a severe economic problem, there is a need for institutions fostering efficient...

In this paper, the strategy method's impact on behavior in sequential bargaining games is investigated. Besides the decision procedure (hot versus cold), we varied the second mover punishment costs (high versus low). Significant impacts of both treatment variables were observed. For example,...