E-Dissertationen: Browsing E-Dissertationen by Issue Date
Now showing items 41-60 of 272
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On Dynamic Coherent and Convex Risk Measures: Risk Optimal Behavior and Information Gains
Engelage, Daniel (2009-08-27)We consider tangible economic problems for agents assessing risk by virtue of dynamic coherent and convex risk measures or, equivalently, utility in terms of dynamic multiple priors and dynamic variational preferences in ... -
Essays on Dual Risk Measures and the Asymptotic Term Structure
Schulze, Klaas (2009-08-27)This dissertation covers two distinct topics in the field of financial economics: risk measurement and the term structure of interest rates.<br /> The phenomenon of risk plays a ubiquitous role in finance and insurance as ... -
Wage Setting over the Business Cycle and the Effect of Employment Protection on Human Capital Formation
Sonntag, Marcus (2009-09-11)This dissertation is about labor market institutions and their implications on allocative outcomes. The first chapter studies the effect of the business cycle on the setting of entry-wages, i.e. wages that people get at ... -
Essays on Optimal Contracts and Renegotiation
Ohlendorf, Susanne (2009-09-11)Contract theory studies the incentives and contractual outcomes in economic interactions, and how they are influenced by given institutions and information structures. On an abstract level, a contractual relationship is ... -
Essays on Social Preferences, Incentives, and Institutions
Wibral, Matthias (2009-10-08)This dissertation studies social preferences and institutions, and the incentives which arise from their interaction. A particular focus lies on situations involving incomplete contracts and moral hazard. Chapter 1 studies ... -
Essays on Liquidity in Financial Markets
Hengelbrock, Jördis (2009-10-09)The smooth functioning of financial markets and market efficiency hinge on the ability of market places to limit trading frictions. Liquidity measures the degree of frictions and is an important, if not the most important, ... -
Essays in Industrial Organization and Behavioral Economics
Herweg, Fabian (2009-11-17)Next to the orthodox theories on contract design and optimal selling strategies, there is a recent and growing literature investigating how rational firms respond to consumer or employee biases. During the last decade the ... -
CPPI Strategies in Discrete Time
Brandl, Michael (2009-11-17)In general, the purpose of portfolio insurance strategies is to limit the downside risk of risky portfolios. The constant proportion portfolio insurance (CPPI) is a prominent example of a portfolio insurance strategy. Based ... -
Essays in Microeconomics
Weinschenk, Philipp (2009-11-17)This thesis contains five papers. Two belong to the field of industrial organization. Both are on innovation and the investment in it. The paper “Persistence of Monopoly and Research Specialization” takes a new look at ... -
Experimental Studies on cross-cultural Behaviour between Germans and Chinese
Geng, Hong (2010-02-12)The world has never been so integrated as today. Globalization irresistibly takes place in economic, political and social areas. However, globalization does not bring unification of cultures. On the contrary, the process ... -
Valuation of Convertible Bonds
Huang, Haishi (2010-03-02)Convertible bonds are hybrid financial instruments with complex features. They have characteristics of both debts and equities, and usually several options are embedded in this kind of contracts. The optimality of the ... -
Experimental and theoretical essays in auctions and financial markets
Georganas, Sotirios (2010-03-12)This dissertation deals with auctions and other, financial market mechanisms, and how they work in real life situations. Such mechanisms have been extensively studied in economics and many elegant results have been gained. ... -
On Modeling and Measuring Credit, Recovery and Liquidity Risks
Cadena Ibarra, Juan Marcelo (2010-03-17)We investigate three major risks of financial markets: credit, recovery and liquidity risks.<br /> Chapter 1 studies credit risk in an irreversible investment problem. The analysis demonstrates that optimal investment time ... -
Four Contributions to Experimental Economics
Goerg, Sebastian J. (2010-03-18)In 2002 the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Daniel Kahneman and Vernon Smith. It was not only a distinction for the work of the two laureates, but also for the field of ... -
Essays in Applied Microeconomics and Management
Müller, Daniel (2010-03-24)A first wave of contributions to the field of psychology and economics mainly consisted of pointing out problems with traditional economic assumptions and articulating alternatives. By now, research has evolved to what ... -
On cooperation and trust in strategic games: Behavioral Evidence from the Middle East and Europe
Walkowitz, Gari (2010-04-08)This thesis is about selected issues of cooperation and trust in strategic games. <br /> This first chapter paper investigates the impact of game presentation on cooperation dependent on subject-pool affiliation. Two ... -
Essays on Dynamic Mechanism Design
Mierendorff, Konrad (2010-07-07)We consider the allocation of one or several units of a good in a dynamic environment. The time horizon is finite and in each period, a random number of potential buyers arrives. In Chapter 1, we study revenue maximization ... -
Essays in Empirical Asset Pricing: Liquidity, Idiosyncratic risk, and the Conditional Risk-Return Relation
Koch, Stefan (2010-08-10)What kinds of risk do systematically drive stock returns? This question has prompted vast amounts of research and is still one of the main challenges in finance. It has not only been of interest in the finance literature, ... -
Four Contributions to Experimental Economics: Binary Choice Experiments
Chmura, Thorsten (2010-09-14)This thesis is about binary decisions participants make in a laboratory environment. For this purpose, laboratory experiments are conducted to investigate effects of individual decision making in a microeconomic context. ... -
Five Essays in Economic Theory
Szech, Nora (2010-09-21)The five essays in this thesis study game-theoretic auction models and their application to economic theory. <br /> Chapter 1 analyzes asymmetric all-pay auctions where the bidders' private types are independently drawn ...