Private banks often blame state guarantees to distort competition by giv- ing public banks the advantage of lower funding costs. In this paper I show that if borrowers perceive the public bank as supporting economic develop- ...

Die Dissertation besteht aus drei Kapiteln. Im ersten Kapitel wird unter der Bezeichnung “Adjustment Utility” eine neue Komponente individuellen Nutzens eingeführt. Mit einem Experiment, daß ich mit Studenten durchgeführt ...

Three results emerge from a simple experiment on imitation. First, I find behavior which strongly suggests an intention to imitate. Second, players imitate successful other players rather than repeating successful actions. ...