infonet-economy

This paper presents an application of evolutionary portfolio theory to stocks listed in the Swiss Market Index (SMI). We study numerically the long-run outcome of the competition of rebalancing rules for market shares in a stock market with actual dividends taken from firms listed in the SMI. Returns are endogenous because prices are determined by supply and demand stemming from the...

This paper reports the results of a series of competitive labour market experiments in which subjects have the possibility to reciprocate favours. In the high stake condition subjects earned between two and three times their monthly income during the experiment. In the normal stake condition the stake level was reduced by a factor of ten. We observe that both in the high and the...

This paper surveys recent approaches towards lobbying if interest groups influence the decision of an incumbent government. It describes the two main channels of influence which mainly exist in parallel, namely contribution payments and the transmission of information through lobbying. Recent extensions to the two basic lobbying models are discussed in great detail. Thereafter...

This article argues, based on the work of Bakhtin and de Certeau, that there is no aesthetics without politics and that all academic discourse and practices are enacted through aesthetic forms with inherently political and ethical effects. The article is written in a script-form with indications on how to perform it, acting out or ‘performing' in a direct way rather than adding...

Präsentation vor der Generalversammlung 2002 der Lateinamerikanischen Handelskammer in der Schweiz; Zürich: Haus "Zum Rüden", 19. Juni 2002.#### Download der Präsentation (PDF-Datei, 245 KB)

Die Zertifizierung von Handlungsweisen, die nicht nur indirekt und in ferner Zukunft gesellschaftsdienlich sind, gewinnt Bedeutung.

Survival in academia depends on publications in refereed journals. Authors only get their papers accepted if they intellectually prostitute themselves by slavishly following the demands made by anonymous referees without property rights on the journals they advise. Intellectual prostitution is neither beneficial to suppliers nor consumers. But it is avoidable. The editor (with...