Buckenmaier, Johannes
(2017).
Evolution, Bounded Rationality and Institutions.
PhD thesis, Universität zu Köln.
Abstract
This dissertation consists of five self-contained research papers that cover theoretical work, simulation-based research, and experimental studies. My research interests are mainly focused on two interrelated areas within economics. One area is concerned with the economic consequences as well as the foundations of boundedly rational behavior. The other area is more specific and concerns the design of institutions and how they can be used to shape behavior and align incentives. The first chapter belongs to both areas, Chapters 2 and 3 cover topics from the former area, whereas the last two chapters contribute to the latter area. Chapter 1 concerns the role of trader matching with regard to the selection of market institutions by boundedly rational traders. Chapter 2 presents results on the stability of the Cournot-Nash and the Walrasian equilibrium under imitative behavior. Chapter 3 presents a model linking response times and iterative thinking and provides experimental evidence regarding the underlying processes of iterative thinking. Chapter 4 investigates the effects of a leniency mechanism on collusive bribery and tax evasion. Chapter 5 asks how the timing of punishment and the timing of the resolution of uncertainty affect deterrence of illicit behavior. In the remainder of this section I present a brief introduction for each chapter and summarize the main findings.
Item Type: |
Thesis
(PhD thesis)
|
Creators: |
Creators | Email | ORCID | ORCID Put Code |
---|
Buckenmaier, Johannes | johannes.buckenmaier@uni-koeln.de | UNSPECIFIED | UNSPECIFIED |
|
Contributors: |
Contribution | Name | Email |
---|
UNSPECIFIED | Alós-Ferrer, Carlos | UNSPECIFIED | UNSPECIFIED | Dimant, Eugen | UNSPECIFIED | UNSPECIFIED | Mittone, Luigi | UNSPECIFIED | UNSPECIFIED | Posten, Ann-Christin | UNSPECIFIED | UNSPECIFIED | Schmidt, Ulrich | UNSPECIFIED |
|
URN: |
urn:nbn:de:hbz:38-79775 |
Date: |
18 August 2017 |
Language: |
English |
Faculty: |
Faculty of Management, Economy and Social Sciences |
Divisions: |
Weitere Institute, Arbeits- und Forschungsgruppen > Staatswissenschaftliches Seminar |
Subjects: |
Economics |
Uncontrolled Keywords: |
Keywords | Language |
---|
Market Institution | English | Stochastic Stability | English | Simulation | English | Imitation | English | Iterative Thinking | English | Response Times | English | Tax Evasion | English | Collusion | English | Swiftness | English |
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Date of oral exam: |
6 November 2017 |
Referee: |
Name | Academic Title |
---|
Alós-Ferrer, Carlos | Prof. Dr. | Alaoui, Larbi | Prof. Dr. |
|
Refereed: |
Yes |
URI: |
http://kups.ub.uni-koeln.de/id/eprint/7977 |
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