@techreport{CaliendoFossenKritikos2019, type = {Working Paper}, author = {Caliendo, Marco and Fossen, Frank M. and Kritikos, Alexander}, title = {What Makes an Employer?}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {13}, issn = {2628-653X}, doi = {10.25932/publishup-43736}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-437360}, year = {2019}, abstract = {As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to better understand which variables influence the first hiring decision and which ones influence the subsequent survival as an employer. Using the German Socio-economic Panel (SOEP), we analyze what role individual characteristics of entrepreneurs play in sustainable job creation. While human and social capital variables positively influence the hiring decision and the survival as an employer in the same direction, we show that none of the personality traits affect the two outcomes in the same way. Some traits are only relevant for survival as an employer but do not influence the hiring decision, other traits even unfold a revolving door effect, in the sense that employers tend to fail due to the same characteristics that positively influenced their hiring decision.}, language = {en} } @techreport{Burdack2011, type = {Working Paper}, author = {Burdack, Doreen}, title = {The economic impact of water restrictions on water-dependent business in South East Queensland, Australia}, series = {Finanzwissenschaftliche Diskussionsbeitr{\"a}ge}, journal = {Finanzwissenschaftliche Diskussionsbeitr{\"a}ge}, number = {65}, issn = {1864-1431}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-55947}, pages = {82}, year = {2011}, language = {en} } @techreport{BruttelNithammerStolley2019, type = {Working Paper}, author = {Bruttel, Lisa Verena and Nithammer, Juri and Stolley, Florian}, title = {"Thanks in Advance"}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {7}, issn = {2628-653X}, doi = {10.25932/publishup-42770}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-427706}, pages = {18}, year = {2019}, abstract = {This paper studies the effect of the commonly used phrase "thanks in advance" on compliance with a small request. In a controlled laboratory experiment we ask participants to give a detailed answer to an open question. The treatment variable is whether or not they see the phrase "thanks in advance." Our participants react to the treatment by exerting less effort in answering the request even though they perceive the phrase as polite.}, language = {en} } @techreport{BruttelGuethHertwigetal.2020, type = {Working Paper}, author = {Bruttel, Lisa Verena and G{\"u}th, Werner and Hertwig, Ralph and Orland, Andreas}, title = {Do people harness deliberate ignorance to avoid envy and its detrimental effects?}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {17}, issn = {2628-653X}, doi = {10.25932/publishup-44446}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-444463}, year = {2020}, abstract = {Envy is an unpleasant emotion. If individuals anticipate that comparing their payoff with the (potentially higher) payoff of others will make them envious, they may want to actively avoid information about other people's payoffs. Given the opportunity to reduce another person's payoff, an individual's envy may trigger behavior that is detrimental to welfare. In this case, if individuals anticipate that they will react in a welfare-reducing way, they may also avoid information about other people's payoffs from the outset. We investigated these two hypotheses using three experiments. We found that 13\% of our potentially envious subjects avoided information when they did not have the opportunity to reduce another participant's payoff. Psychological scales do not explain this behavior. We also found that voluntarily uninformed subjects did neither deduct less of the payoff nor less frequently than subjects who could not avoid the information.}, language = {en} } @techreport{BruttelFelgendreherGuethetal.2019, type = {Working Paper}, author = {Bruttel, Lisa Verena and Felgendreher, Simon and G{\"u}th, Werner and Hertwig, Ralph}, title = {Strategic ignorance in repeated prisoners' dilemma experiments and its effects on the dynamics of voluntary cooperation}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {10}, issn = {2628-653X}, doi = {10.25932/publishup-43188}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-431881}, pages = {30}, year = {2019}, abstract = {Being ignorant of key aspects of a strategic interaction can represent an advantage rather than a handicap. We study one particular context in which ignorance can be beneficial: iterated strategic interactions in which voluntary cooperation may be sustained into the final round if players voluntarily forego knowledge about the time horizon. We experimentally examine this option to remain ignorant about the time horizon in a finitely repeated two-person prisoners' dilemma game. We confirm that pairs without horizon knowledge avoid the drop in cooperation that otherwise occurs toward the end of the game. However, this effect is superposed by cooperation declining more rapidly in pairs without horizon knowledge during the middle phase of the game, especially if players do not know that the other player also wanted to remain ignorant of the time horizon.}, language = {en} } @techreport{Bruttel2019, type = {Working Paper}, author = {Bruttel, Lisa Verena}, title = {Is There a Loyalty-Enhancing Effect of Retroactive Price-Reduction Schemes?}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {5}, issn = {2628-653X}, doi = {10.25932/publishup-42768}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-427688}, pages = {25}, year = {2019}, 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} } @techreport{BorckSchrauth2019, type = {Working Paper}, author = {Borck, Rainald and Schrauth, Philipp}, title = {Population density and urban air quality}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {8}, issn = {2628-653X}, doi = {10.25932/publishup-42771}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-427719}, pages = {53}, year = {2019}, abstract = {We use panel data from Germany to analyze the effect of population density on urban air pollution (nitrogen oxides, particulate matter and ozone). To address unobserved heterogeneity and omitted variables, we present long difference/fixed effects estimates and instrumental variables estimates, using historical population and soil quality as instruments. Our preferred estimates imply that a one-standard deviation increase in population density increases air pollution by 3-12\%.}, language = {en} } @techreport{BlienSanner2006, type = {Working Paper}, author = {Blien, Uwe and Sanner, Helge}, title = {Structural change and regional employment dynamics}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-14425}, year = {2006}, abstract = {A casual look at regional unemployment rates reveals that there are vast differences, which cannot be explained by different institutional settings. Our paper attempts to trace these differences in the labor market performance back to the regions' specialization in products that are more or less advanced in their product cycle. The model we develop shows how individual profit and utility maximization endogenously yields higher employment levels in the beginning. In later phases, however, employment decreases in the presence of process innovation. Our model suggests that the only way to escape from this vicious circle is to specialize in products that are at the beginning of their "economic life". The model is based on an interaction of demand and supply side forces.}, language = {en} } @techreport{Becker2004, type = {Working Paper}, author = {Becker, Ralf E.}, title = {Revisiting public investment}, issn = {0948-7549}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-9025}, year = {2004}, abstract = {The consumption equivalence method is the theoretical basis of public cost-benefit analysis. Consumption equivalence public capital prices are explicitly introduces in order to sufficiently care for the opportunity cost of public expenditure. This can solve the dispute about the social rate of discount within public cost-benefit analysis witch was generated on a criterion looking similar to the capital value formula, known as Lind's approach. The social rate of discount is liberated from opportunity costs considerations and the discounting away of the effects for future welfare vanishes. The corresponding question whether one should accept a positive value of the pure rate of social time preference is an old issue. Its current state between the prescriptive and descriptive view can also be interpreted as a consequence of the oversimplification of standard cost- benefit analysis. But apart from an economic self-process the pure rate of social time preference is also defined as a business-as-usual value of social distance discounting. Hence, a political choice has to be made about this rate which is free in principal.}, language = {en} } @techreport{Becker2004, type = {Working Paper}, author = {Becker, Ralf E.}, title = {General classification of social choice situations}, series = {Finanzwissenschaftliche Diskussionsbeitr{\"a}ge}, journal = {Finanzwissenschaftliche Diskussionsbeitr{\"a}ge}, number = {46}, issn = {0948-7549}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-9012}, year = {2004}, abstract = {An exhaustive and disjoint decomposition of social choice situations is derived in a general set theoretical framework using the new tools of the Lifted Pareto relation on the power set of social states representing a pre-choice comparison of choice option sets. The main result is the classification of social choice situations which include three types of social choice problems. First, we usually observe the common incompleteness of the Pareto relation. Second, a kind of non-compactness problem of a choice set of social states can be generated. Finally, both can be combined. The first problem root can be regarded as natural everyday dilemma of social choice theory whereas the second may probably be much more due to modeling technique implications. The distinction is enabled at a very general set theoretical level. Hence, the derived classification of social choice situations is applicable on almost every relevant economic model.}, language = {en} }