This study provides detailed evidence on the recent transition state of Central and Eastern European (CEE) countries. It draws on data from a survey conducted among portfolio managers of Western investment funds…
We consider a population initially consisting of cooperators and defectors, who are engaged in a Prisoner's Dilemma. A knowledgeable mutant is introduced who memorizes other players by experience. We derive a…
In an experiment on sequential rent-seeking, we find that the theoretically predicted first-mover advantage does not exist empirically. Rather, a second-mover advantage can be observed. Though the subgame…
Our study is based on the traditional Becker-Ehrlich deterrence model, but we analyze the model in the face of currently discussed factors of crime like demographic changes, youth-unemployment and income…
In this documentation about the "Mannheimer Foundation Panels" of the ZEW the identification of firm foundations and liquidations as well as difficulties occurring in this context are discussed. The ZEW…