Inequity aversion and incentives [Elektronische Ressource] : three essays in microeconomic theory / vorgelegt von Ferdinand von Siemens

Inequity Aversion and IncentivesThree Essays in Microeconomic TheoryInaugural-Dissertationzur Erlangung des Grades Doctor oecomomiae publicae (Dr. oec. publ.)an der Ludwig-Maximilians-Universit˜at Munc˜ hen2004vorgelegt vonFerdinand von SiemensReferent: Prof. Sven Rady, Ph.D.Korreferent: Prof. Dr. Klaus M. SchmidtPromotionsabschlussberatung: 21. Juli 2004AcknowledgementsFirst and foremost, I would like to thank my supervisor Sven Rady for his superb researchsupport, encouragement and patience. I am also indebted to Klaus Schmidt and my co-author Bj˜orn Bartling, who were and hopefully continue to be a great source of inspirationand motivation.Equally, I would like thank my colleagues Manuela Beckstein, Georg Gebhardt, FlorianHerold, and Markus Reisinger, who provided me with a very pleasurable work and researchenvironment at the Ludwig-Maimilians-Universit˜at in Munich. Many other friends and col-leagues contributed comments and suggestions. Too numerous to be mentioned by nameI thank all of them.Furthermore,IwouldliketothanktheFacultyofEconomicsandPoliticsandDarwinCollegeat Cambridge University for the hospitality they ofiered me as a visiting Ph.D. student inthe academic year 2001-2002. Financial support from the European Commission, grant no.HMPT-CT-2000-00056, is gratefully acknowledged.Last but not least, I dedicate my thesis to my wife Nicole. Only her loving support andinexhaustible patience made all of this possible.