I investigate the decision problem which arises in a game of incomplete information under two different types of uncertainty - uncertainty about other players’ type distributions and about other players’…
Die Bundesnetzagentur plant eine Verlängerung der Frequenznutzungsrechte für Telefonica, Telekom und Vodafone bis zum Jahr 2030. Damit verbunden ist ein Verhandlungsgebot. Dieses verpflichtet die etablierten…
This paper studies the welfare effects of school district consolidation. Using incomplete rank-ordered lists (ROLs) submitted for admission to the Hungarian secondary school system, we estimate complete ROLs…
Alleinerziehende Eltern und ihre Kinder profitieren besonders von frühkindlichen Bildungs- und Betreuungsangeboten. Dennoch erhalten in Deutschland knapp ein Drittel der Alleinerziehenden mit Betreuungsbedarf…
This paper discusses a capacity-based redispatch mechanism in which awarded market participants are compensated for their availability for redispatch, rather than activation. The rationale is to develop a market…
Combinatorial auctions, which allow bidders to bid not only on individual items but also on packages of items and to express complementary and substitute relationships between items, have rarely been used for…
Consumers acquire information through their own search efforts or through word-of-mouth communication within their social network. Information diffusion leads to free-riding and less active search. Free-riding…