infonet-economy

Wirtschaftsprofessor Ernst Fehr reagiert auf den Vorwurf von Zürcher Studenten, das Wirtschaftsstudium sei realitätsfern. Der Volkswirt verteidigt sein Fachgebiet, weist die Kritik aber nicht gänzlich zurück.

Die geplante Liberalisierung des chinesischen Kapitalmarktes eröffnet Chancen und birgt auch Risiken. Ein Kommentar von Fabrizio Zilibotti.

We study how the willingness to enter long-term bilateral relationships affects cooperation even when parties have little information about each other, ex ante, and cooperation is otherwise unenforceable. We experimentally investigate a finitely-repeated Prisoner’s Dilemma, allowing players to endogenously select interaction durations. Consistent with prior research, longer...

Global games with endogenous information often exhibit multiple equilibria. In this paper we show how one can nevertheless identify useful predictions that are robust across all equilibria and that could not have been delivered in the common-knowledge counterparts of these games. Our analysis is conducted within a flexible family of games of regime change, which have been used to...

Am Zentrum für Evolutionäre Medizin (Anatomisches Institut) und am Institut für Volkswirtschaftslehre der Universität Zürich werden seit einigen Jahren die historischen und modernen medizinischen Daten der Aushebungen in der Schweiz und in Deutschland untersucht. Anthropometrische Daten der Rekrutierung bieten die Möglichkeit, in repräsentativer Betrachtung Jahr für Jahr das...

Despite increasing focus on research and practice linking CSR and HRM (CSR-HRM), a comprehensive examination of the relationship between these two constructs is yet to be undertaken. Depictions of CSR-HRM in extant literature tend to fall into two broad categories: CSR enacted though HRM (HRM practices used to involve employees in the implementation of CSR); and HRM enacted through...

Traditionally, the virtue of democratic elections has been seen in their role as means of screening and sanctioning shirking public officials. This paper proposes a novel rationale for elections and political campaigns considering that candidates incur psychological costs of lying, in particular from breaking campaign promises. These non-pecuniary costs imply that campaigns influence...