Digital transformation is producing a growing number of technological innovations that have an impact on our daily lives. In a variety of areas, economic agents increasingly have the opportunity to interact with algorithms, ...

In recent years, consumers have become more sensitive to the social, economic, and environmental consequences of their market choices. More and more consumers vocally oppose socially irresponsible production patterns and ...

This thesis contributes to research that challenges the narrow self-interest assumption used in the standard economic model. The first part of the thesis includes three experimental studies on social preferences. The second ...

This dissertation addresses various key aspects in risk measurement with path-dependent risk measures. In contrast to most classical risk measures like value-at-risk, (semi-)variance, expected shortfall, or lower partial ...

For investments in the capital markets, portfolio theory (Markowitz, 1952) plays a significant role and continues to form an important basis for decisions on the structuring of investment portfolios. For risk-averse ...

This dissertation extends the understanding of asymmetric group behavior in the provision of public goods. Previous studies, using an asymmetric framework, have so far focused on situations where all players profit form ...