This dissertation consists of two chapters. The first one deals with the information content of
bond prices in private label securitization markets. The performance of a security backed by …

This dissertation consists of two chapters. The first one deals with the information content of
bond prices in private label securitization markets. The performance of a security backed by …

Die Spieltheorie ist ein seit Jahrzehnten etablierter Forschungszweig in der
Wirtschaftswissenschaft; und dies gilt gleichermaßen für die Volks-wie für die …

Traditional economic theory has found in experimental economics a source of both support
and challenge. Similarly, policy makers have found the need to understand the behavioral …

The paper devises a laboratory experiment to determine when one party in a bargaining
situation chooses to transfer bargaining power to the other party, and whether that choice …

The first chapter presents a model of optimal debt contracts based on manager's career
concerns to distinguish between internal and external financing. We demonstrate that in a …