The Faculty of Law and Economics: Search
Now showing items 71-80 of 246
Essays in Microeconomics
(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 ...
Wage Setting over the Business Cycle and the Effect of Employment Protection on Human Capital Formation
(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 ...
Social Preferences and Incentives in the Workplace
(2009-08-12)
Most economic exchanges are not based on fully contingent, explicit contracts, but rather rely on informal agreements that specify the contracting parties' obligations only imprecisely. In the labor market, contractual ...
Essays on Optimal Contracts and Renegotiation
(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 in Behavioral Public Economics
(2009-02-20)
This dissertation aims at the identification of systematic behavioral biases that are relevant in the context of economic policy. In total, the dissertation consists of four chapters. In each chapter, we empirically analyze ...
Essays on Social Preferences, Incentives, and Institutions
(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 ...
Learning in Macroeconomics: An Empirical Approach
(2009-04-23)
This thesis explores the role of adaptive learning in explaining empirical phenomena such as the Great Inflation. We show that the historic monetary policy deviated from the optimally recommended policy under learning. ...
Bounded Rationality, Heterogeneity and Learning
(2009-07-27)
The dissertation deals with both a model in which agents with limited information conform to a learning rule, as well as boundedly rational consumers who follow simple rules of thumb. The first case is treated within a ...
Essays on Dual Risk Measures and the Asymptotic Term Structure
(2009-08-27)
This dissertation covers two distinct topics in the field of financial economics: risk measurement and the term structure of interest rates.
The phenomenon of risk plays a ubiquitous role in finance and insurance as ...
The phenomenon of risk plays a ubiquitous role in finance and insurance as ...
Essays on the Efficiency of Financial Markets
(2010-12-30)
In the three decades since the term was coined by Eugene F. Fama, the efficient market hypothesis has become the central proposition in financial economics, and, as such, widely accepted by academic scholars. Fama (1970)'s ...