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Age differences in the reaction to incentives – do older people avoid competition?
Description :
The “aging employee” has recently become a hot topic in many fields of behavioural research. With the aim to determine the effects of different incentive schemes (competition, social or increased monetary incentives) on performance of young and older subjects, we look at behaviour of a group of youn...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
The Asymmetric Leximin Solution
Author(s) :
Driesen, Bram W.
Description :
In this article we define and characterize a class of asymmetric leximin solutions, that contains both the symmetric leximin solution of Imai[5] and the two-person asymmetric Kalai-Smorodinsky solution of Dubra [3] as special cases. Solutions in this class combine three attractive features: they are...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
On the Obligation to Provide Environmental Information in the 21st Century – Empirical Evidence from Germany
Description :
In this paper, we study the effectiveness of environmental information disclosure as a regulatory instrument. In particular we analyze its impact when environmental regulation is already advanced. Using German stock market data, we are able to identify the impact of the European Pollutant Emission R...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
Language, Memory And The Vernacular: The Power Of The Ramacaritmanas In India’s Epic Culture
Author(s) :
Tiwari, Heeraman
Description :
What happens when a vernacular literature represents a ‘Great Tradition’ in a different time in history? Does it signal the end of a great tradition, or an extension, proliferation of that tradition? Take for example, the case of the Indian epic, the Ramayana. Composed about three thousand years ag...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
On the Macroeconomic Determinants of the Long-Term Oil-Stock Correlation
Description :
Using a modified DCC-MIDAS specification, we endogenize the long-term correlation between crude oil and stock price returns with respect to the stance of the U.S. macroeconomy. We find that variables which contain information on current and future economic activity are helpful predictors for changes...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
The Environmental Aspect of “Making People Rich as the Top Priority” in China: a Marxian Perspective
Description :
Income inequality in China is severe; measured by the Gini-coefficient it amounted to 0.46 in 2011; wealth distribution is even worse with 0.61. These disparities led to a major shift in emphasis of politics in general and of the Five-Year Plan for National Economic and Social Development by the Nat...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
Discourses of Transculturality:Ideas, Institutions and Practices in India and China
Description :
Transculturality, though conceptualized differently depending on the intellectual context, is broadly understood here as a research perspective that while challenging universalism, acknowledges the existence of ideas, institutions and practices across different cultural settings as a result of asymm...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
Endangering the natural basis of life is unjust. On the status and future of the sustainability discourse
Author(s) :
Becker , Christian
,
Ewringmann , Dieter
,
Faber, Malte
,
Petersen , Thomas
,
Zahrnt, Angelika
Description :
The paper critically examines the status of the sustainability discourse and sustainability politics against the backdrop of considerations about the meaning of justice in the context of sustainability. We argue that the preservation of the natural basis of life is by itself a requirement of justice...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
How do people cope with an ambiguous situation when it becomes even more ambiguous?
Description :
As illustrated by the famous Ellsberg paradox, many subjects prefer to bet on events with known rather than with unknown probabilities, i.e., they are ambiguity averse. In an experiment, we examine subjects’ choices when there is an additional source of ambiguity, namely, when they do not know how m...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined
Once Beaten, Never Again: Imitation in Two-Player Potential Games
Description :
We show that in symmetric two-player exact potential games, the simple decision rule "imitate-if-better" cannot be beaten by any strategy in a repeated game by more than the maximal payoff difference of the one-period game. Our results apply to many interesting games including examples like 2x2 game...
Repository :
Heidelberger Dokumentenserver (HeiDok)
Language(s) :
Undetermined