This article summarizes the results of the evaluation of the Experimentation Clause in § 6c SGB II. In particular, it compares the success of consortia and municipal authorities to activate welfare recipients.
A sizeable literature reports that financial market analysts and forecasters herd for reputational reasons (See e.g. Devenow and Welch (1996) and Hirshleifer and Teoh (2003) for surveys). As an example, Lamont…