The Faculty of Law and Economics: Rechts- und Staatswissenschaftliche Fakultät: Recent submissions
Now showing items 241-260 of 299
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Denkmalschutz und Eigentumsgewährleistung im deutschen und russischen Recht: Eine rechtsvergleichende Darstellung unter besonderer Berücksichtigung der Rechtslage in Nordrhein-Westfalen und dem Gebiet Leningrad
(2010-09-28)Die kulturelle Zusammenarbeit zwischen der Bundesrepublik Deutschland und der Russischen Föderation – seit 1993 in einem gesonderten Abkommen verankert – sollte, neben anderen kulturell relevanten Feldern, auch die Kooperation ... -
Essays in Empirical Asset Pricing: Liquidity, Idiosyncratic risk, and the Conditional Risk-Return Relation
(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, ... -
Essays on Dynamic Mechanism Design
(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 ... -
On cooperation and trust in strategic games: Behavioral Evidence from the Middle East and Europe
(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 ... -
Four Contributions to Experimental Economics
(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
(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 ... -
Experimental and theoretical essays in auctions and financial markets
(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
(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 ... -
Valuation of Convertible Bonds
(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 Studies on cross-cultural Behaviour between Germans and Chinese
(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 ... -
Essays in Industrial Organization and Behavioral Economics
(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 ... -
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 ... -
Essays on Liquidity in Financial Markets
(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 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 ... -
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 ... -
On Dynamic Coherent and Convex Risk Measures: Risk Optimal Behavior and Information Gains
(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
(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
(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 ... -
On the Implications of Unobserved Technology and Preference Shifts for Aggregate Labor Demand and Supply
(2009-08-14)The macroeconomic approach to the labor market aims at explaining aggregate labor market phenomena that have been present in many industrialized countries such as the United States or the western European countries in the ...
