We study the relative performance of the first-price sealed- bid auction, the second-price sealed-bid auction, and the all-pay sealed-bid auction in a laboratory experiment where bidders can signal…
We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. We distinguish between complete…
Seit vergangenem Herbst werden in Deutschland die ersten Apps auf Rezept verordnet. Ärztinnen und Ärzte können diese sogenannten Digitalen Gesundheitsanwendungen (DiGa) bei Krankheiten, Verletzungen oder…
This paper investigates the importance of correspondent banking for trade and firm performance in emerging Europe. We exploit the unexpected "structural break" in the U.S. regulator’s enforcement of financial…
