on the efficiency of team-based meritocracies (2008)
Gunnthorsdottir, Anna, Vragov, Roumen, Seifert, Stefan, McCabe, Kevin
According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based...
Takon GmbH, Game Theoretic Consultancy for Strategic Management, (2007)
Regina Betz, Silke Christina Wartmann, Dr. Karl-martin Ehrhart, Stefan Seifert
commissioned by the
The meritocracy as a mechanism to overcome social dilemmas (2007)
Gunnthorsdottir, Anna, Vragov, Roumen, Mccabe, Kevin, Seifert, Stefan
A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round...
Spectroscopy of Occupied and Unoccupied States in Bio-Molecular Layers (2006)
The present thesis investigates the electronic and structural properties of adenine, cytosine, and guanine layers on hydrogen passivated silicon (111)(7x7). The (7x7) reconstruction of the silicon...
Seifert, Stefan, Weinhardt, Christof [Hrsg.]
The international conference Group Decision and Negotiation (GDN) 2006 aims at bringing together researchers in the areas of Group Decisions, Negotiations, and Negotiation Support Systems....
In Vickrey Auctions, Stefan Seifert, Stefan Strecker
Introduction Truthful revelation of valuations is a dominant strategy in second-price sealed-bid auctions with private-values (Vickrey 1961). However, bidding above the dominant strategy price has...
Emissions Trading and the Optimal Timing of Production
Ehrhart, Karl-Martin, Hoppe, Christian, Schleich, Joachim, Seifert, Stefan
We investigate the problem of optimally timing production schedules in an emissions trading regime that does not allow the transfer of unused allowances into future periods. We show that companies...
The meritocracy as a mechanism to overcome social dilemmas
Gunnthorsdottir, Anna, Vragov, Roumen, Mccabe, Kevin, Seifert, Stefan
A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round...
Banning banking in EU emissions trading?
Schleich, Joachim, Ehrhart, Karl-Martin, Hoppe, Christian, Seifert, Stefan
Design of the 3G Spectrum Auctions in the UK and Germany: An Experimental Investigation
Stefan Seifert, Karl-Martin Ehrhart
This paper analyses the auction designs chosen for awarding 3G licences in the UK and Germany and compares them with respect to revenues and bidders' surplus using a laboratory experiment. In our...
on the efficiency of team-based meritocracies
Gunnthorsdottir, Anna, Vragov, Roumen, Seifert, Stefan, McCabe, Kevin
According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based...
Banning banking in EU emissions trading?
Schleich, Joachim, Ehrhart, Karl-Martin, Hoppe, Christian, Seifert, Stefan
Admitting banking in emissions trading systems reduces overall compliance costs by allowing for inter-temporal flexibility: cost savings can be traded over time. However, unless individual EU Member...
The role of auctions and forward markets in the EU
Ehrhart, Karl-Martin, Hoppe, Christian, Schleich, Joachim, Seifert, Stefan
An analysis of the available National Allocation Plans for the first period (2005�2007) of the EU emissions trading scheme (EU ETS) implies (i) that the total allocation to installations covered...
Design of the 3G Spectrum Auctions in the UK and in Germany: An Experimental Investigation
Seifert, Stefan, Ehrhart, Karl-Martin
This paper analyses the auction designs chosen for awarding 3G licenses in the UK and in Germany and compares them with respect to revenues and bidders� surplus using a laboratory experiment. In...
Auctioning Greenhouse Gas Emissions Permits in Australia
Regina Betz, Stefan Seifert, Peter Cramton, Suzi Kerr
The allocation of permits is an important design aspect of an emissions trading scheme. Traditionally, governments have favoured a free allocation of greenhouse gas permits based on individual...