We study mechanism design with flexible but costly information acquisition. There is a principal and four or more agents, sharing a common prior over a set of payoff- relevant states. The principal proposes a…
In einer zunehmend digitalisierten Welt eröffnen Technologien wie generative KI und Big Data völlig neue Perspektiven. Unternehmen setzen diese Innovationen ein, um Inhalte maßgeschneidert zu erstellen und ihre…
The circular economy represents a systematic shift in production and consumption, aimed at extending the life cycle of products and materials while minimizing resource use and waste. Achieving the goals of the…
We investigate whether strengthened legal protection of trade secrets increases the likelihood of a firm being acquired. Stronger protection can make a firm more attractive for acquisition due to better…
This paper characterizes the short- and long-run Cournot equilibrium with heterogeneous firms and stochastic technological change. In our model, firms have different technologies with heterogeneous fixed and…
Das ZEW Mannheim hat in Kooperation mit der Süddeutschen Zeitung die finanziellen Auswirkungen von Reformvorschlägen der Parteien zur Bundestagswahl 2025 untersucht. Diese betreffen die Einkommensteuer und den…
This study investigates how elements of a survey invitation message targeted to businesses influence their participation in a self-administered web survey. We implement a full factorial experiment varying five…
We use the National Longitudinal Study of Adolescent to Adult Health to explore how high school peers’ grit, a personality trait characterized by perseverance and passion, influences long-term outcomes…
