@misc{Schumacher2018, author = {Schumacher, Reinhard}, title = {Rezension zu: Dale, Gareth: Karl Polanyi: a life on the left. - New York: Columbia University Press, 2016. - xii, 381 S. - ISBN: 978-0-231-17608-8}, series = {Journal of the history of economic thought}, volume = {40}, journal = {Journal of the history of economic thought}, number = {2}, publisher = {Cambridge Univ. Press}, address = {New York}, issn = {1053-8372}, doi = {10.1017/S1053837217000220}, pages = {296 -- 298}, year = {2018}, language = {en} } @article{Bruttel2018, author = {Bruttel, Lisa Verena}, title = {The effects of recommended retail prices on consumer and retailer behaviour}, series = {Economica}, volume = {85}, journal = {Economica}, number = {339}, publisher = {Wiley}, address = {Hoboken}, issn = {0013-0427}, doi = {10.1111/ecca.12218}, pages = {649 -- 668}, year = {2018}, abstract = {This paper presents results from an experiment on the effects of recommended retail prices on consumer and retailer behaviour. We present evidence that recommended retail prices, despite their non-binding nature, influence consumers' willingness to pay by setting a reference point. At a given price, consumers buy more the higher the recommended retail price is, and their demand drops at prices above the recommended retail price, even when it is entirely uninformative about the value of the product. Retailers in this study are subject to similar anchoring effects, but they do not anticipate consumers' behaviour well and are thus not able to exploit their behavioural biases.}, language = {en} } @article{BorckWrede2018, author = {Borck, Rainald and Wrede, Matthias}, title = {Spatial and social mobility}, series = {Journal of Regional Science}, volume = {58}, journal = {Journal of Regional Science}, number = {4}, publisher = {Wiley}, address = {Hoboken}, issn = {0022-4146}, doi = {10.1111/jors.12382}, pages = {688 -- 704}, year = {2018}, abstract = {This paper analyzes the relationship between spatial mobility and social mobility. It develops a two-skill-type spatial equilibrium model of two regions with location preferences where each region consists of an urban area that is home to workplaces and residences and an exclusively residential suburban area. The paper demonstrates that relative regional social mobility is negatively correlated with segregation and inequality. In the model, segregation, income inequality, and social mobility are driven by differences between urban and residential areas in commuting cost differences between high-skilled and low-skilled workers, and also by the magnitude of taste heterogeneity.}, language = {en} } @article{BruttelGueth2018, author = {Bruttel, Lisa Verena and Gueth, Werner}, title = {Asymmetric voluntary cooperation}, series = {International Journal of Game Theory}, volume = {47}, journal = {International Journal of Game Theory}, number = {3}, publisher = {Springer}, address = {Heidelberg}, issn = {0020-7276}, doi = {10.1007/s00182-018-0633-y}, pages = {873 -- 891}, year = {2018}, abstract = {This paper tests the robustness of voluntary cooperation in a sequential best shot game, a public good game in which the maximal contribution determines the level of public good provision. Thus, efficiency enhancing voluntary cooperation requires asymmetric behavior whose coordination is more difficult. Nevertheless, we find robust cooperation irrespective of treatment-specific institutional obstacles. To explain this finding, we distinguish three behavioral patterns aiming at both, voluntary cooperation and (immediate) payoff equality.}, language = {en} } @article{Bruttel2018, author = {Bruttel, Lisa Verena}, title = {Is There a Loyalty-Enhancing Effect of Retroactive Price-Reduction Schemes?}, series = {Review of industrial organization}, volume = {54}, journal = {Review of industrial organization}, number = {3}, publisher = {Springer}, address = {Dordrecht}, issn = {0889-938X}, doi = {10.1007/s11151-018-9653-9}, pages = {575 -- 593}, year = {2018}, abstract = {This paper presents an experiment on the effect of retroactive price-reduction schemes on buyers' repeated purchase decisions. Such schemes promise buyers a reduced price for all units that are bought in a certain time frame if the total quantity that is purchased passes a given threshold. This study finds a loyalty-enhancing effect of retroactive price-reduction schemes only if the buyers ex-ante expected that entering into the scheme would maximize their monetary gain, but later learn that they should leave the scheme. Furthermore, the effect crucially hinges on the framing of the price reduction.}, language = {en} } @article{PaganelliSchumacher2018, author = {Paganelli, Maria Pia and Schumacher, Reinhard}, title = {Do not take peace for granted}, series = {Cambridge journal of economics}, volume = {43}, journal = {Cambridge journal of economics}, number = {3}, publisher = {Oxford Univ. Press}, address = {Oxford}, issn = {0309-166X}, doi = {10.1093/cje/bey040}, pages = {785 -- 797}, year = {2018}, abstract = {Is trade a promoter of peace? Adam Smith, one of the earliest defenders of trade, worries that commerce may instigate some perverse incentives, encouraging wars. The wealth that commerce generates decreases the relative cost of wars, increases the ability to finance wars through debts, which decreases their perceived cost, and increases the willingness of commercial interests to use wars to extend their markets, increasing the number and prolonging the length of wars. Smith, therefore, cannot assume that trade would yield a peaceful world. While defending and promoting trade, Smith warns us not to take peace for granted.}, language = {en} } @misc{BruttelStolley2018, author = {Bruttel, Lisa Verena and Stolley, Florian}, title = {Gender differences in the response to decision power and responsibility}, series = {Postprints der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, journal = {Postprints der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, number = {135}, issn = {1867-5808}, doi = {10.25932/publishup-47306}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-473068}, pages = {18}, year = {2018}, abstract = {This paper studies the effects of two different frames on decisions in a dictator game. Before making their allocation decision, dictators read a short text. Depending on the treatment, the text either emphasizes their decision power and freedom of choice or it stresses their responsibility for the receiver's payoff. Including a control treatment without such a text, three treatments are conducted with a total of 207 dictators. Our results show a different reaction to these texts depending on the dictator's gender. We find that only men react positively to a text that stresses their responsibility for the receiver, while only women seem to react positively to a text that emphasizes their decision power and freedom of choice.}, language = {en} }