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Dealing with Opportunism: Experimental Investigations of Measures against Dishonest Behavior
This dissertation aims at investigating whether and how distinct measures that are supposed to foster honest behavior work. It consists of three separate papers, in which I analyze the effectiveness and mechanisms of such measures on the basis of several laboratory experiments. Chapter 2 is dedicated to analyzing and comparing the effectiveness of distinct measures that are supposed to prevent people from lying for financial gain. Chapter 3 introduces a novel experimental design that allows the measurement of the ...
Individual Decision-Making and Inflation Persistence
The traditional task of a central bank is to preserve price stability and, in doing so, not to impair the real economy more than necessary. To meet this challenge, it is of great relevance whether inflation is only driven by inflation expectations and the current output gap or whether it is, in addition, influenced by past inflation. In the former case, as described by the New Keynesian Phillips curve, the central bank can immediately and simultaneously achieve price stability and equilibrium output, the so-called ...
Abuse, Competition, Cooperation: Essays in Behavioral Economics
Summary This work is composed of four separate essays. Chapter 2 introduces an extortive scenario into the experimental corruption literature. Chapter 3 looks at displaced aggression, using economic experimental methods. Chapter 4 introduces psychological underpinnings into the experimental economic literature on gender and competitiveness. And Chapter 5 offers a solution to a well-known problem in the cooperation literature. Chapter 2, titled “Mitigating Extortive Corruption? Experimental Evidence”, implements a ...