TWI Publikationen

Die Research Papers des Thurgauer Wirtschaftsinstituts finden Sie im Bereich TWI Research Paper Series.


Björn Bartling, Urs Fischbacher, Simeon Schudy, Pivotality and Responsibility Attribution in Sequential Voting, forthcoming Journal of Public Economics, DOI: 10.1016/j.jpubeco.2015.03.010., 2016
Yan Chen, Urs Fischbacher, Ernst Fehr, Peter Morgan, Matching and Segregation: An Experimental Study, forthcoming Games and Economic Behavior, 2016
Gerald Eisenkopf, Urs Fischbacher, Heinrich Ursprung, Zohal Hessami, Academic Performance and Single-Sex Schooling: Evidence from a Natural Experiment in Switzerland, forthcoming Journal of Economic Behavior & Organization, 2016
Gerald Eisenkopf, Urs Fischbacher, Naïve responses to kind delegation, forthcoming Managerial and Decision Economics, 2016


Birgit M. Beisswingert, Urs Fischbacher, Keshun Zhang, Thomas Götz, Ping Fang, The Effects of Subjective Loss of Control on Risk-taking Behavior: The Mediating Role of Anger. Frontiers in Psychology 6:774. doi:10.3389/fpsyg.2015.00774, 2015


J. Philipp Reiss, Irenaeus Wolff, Incentive Effects of Funding Contracts: An Experiment, Experimental Economics, 2014
Urs Fischbacher, Sabrina Teyssier, Simeon Schudy, Heterogeneous Reactions to Heterogeneity in Returns from Public Goods, Social Choice and Welfare, 2014
Urs Fischbacher, Simeon Schudy, Reciprocity and resistance to comprehensive reform, Public Choice, 2014
Verena Utikal, Urs Fischbacher, On the attribution of externalities, Economics and Philosophy, 2014
Andreas Pedroni, Urs Fischbacher, Christoph Eisenegger, Daria Knoch, Matthias Hartmann, Dopaminergic Stimulation Increases Selfish Behavior in the Absence of Punishment Threat, Psychopharmacology, 231, 135-141, 2014
Ernst Fehr, Urs Fischbacher, Elena Tougareva, Do High Stakes and Competition Undermine Fair Behaviour? Evidence from Russia. Journal of Economic Behavior and Organization, 2014
Jonathan Schulz, Urs Fischbacher, Christian Thöni, Verena Utikal, Affect and fairness: Dictator games under cognitive load, Journal of Economic Psychology, 2014
Philipp A.W. Käser, Urs Fischbacher, Cornelius J. König, Martin Kleinmann, Helping as Mundane Knowledge Sharing: Do Bundled Help Request and Quiet Time Increase Performance?, Journal of Information and Knowlegde Management, 2014
Sabrina Strang, Urs Fischbacher, Armin Falk, Verena Utikal, Bernd Weber, Neural Correlates of Receiving an Apology and Active Forgiveness: An fMRI Study, PLoS ONE 9, e87654, 2014


Urs Fischbacher, Franziska Föllmi-Heusi, Lies in Disguise – An experimental study on cheating, Journal of the European Economic Association, 11(3), 525–547, 2013
Philipp A.W. Käser, Urs Fischbacher, Cornelius J. König, Helping and Quiet Hours: Interruption-Free Time Spans can Harm Performance, Applied Psychology: An International Review, 62(2), 286–307, 2013
Urs Fischbacher, Adrian Bruhin, Ralph Hertwig, How to Model Heterogeneity in Costly Punishment: Insights from Responders' Response Times, Journal of Behavioral Decision Making, 26, 462-476, 2013
Armin Falk, Urs Fischbacher, Simon Gächter, Living in Two Neighborhoods – Social Interactions Effects in the Lab, Economic Inquiry, 51(1), 563–578, 2013
Verena Utikal, Urs Fischbacher, Disadvantageous lies in individual decisions, Journal of Economic Behavior and Organization, 85(1), 108-111, 2013
Arne Robert Weiss, Irenaeus Wolff, Does being elected increase subjective entitlements? Evidence from the laboratory, Economics Bulletin, 33 (1), 794-796, 2013
Gerald Eisenkopf, Urs Fischbacher, Franziska Föllmi-Heusi, Unequal Opportunities and Distributive Justice, Journal of Economic Behavior and Organization, 93, 51– 61, 2013
Urs Fischbacher, Thorsten Hens, Stefan Zeisberger, The impact of monetary policy on stock market bubbles and trading behavior: evidence from the lab, Journal of Economic Dynamics and Control, 37, 2104-2122, 2013
Lisa Bruttel, Urs Fischbacher, Taking the initiative. What characterizes leaders? European Economic Review, 64, 147–168, 2013
Urs Fischbacher, Verena Utikal, On the Acceptance of Apologies, Games and Economic Behavior, 82, 592–608, 2013


Björn Bartling, Urs Fischbacher, Shifting the Blame: On Delegation and Responsibility, Review of Economic Studies, 79(1), 67-87, 2012
Urs Fischbacher, Simon Gächter, Simone Quercia, The behavioral validity of the strategy method in public good experiments, Journal of Economic Psychology 33(4), 897–913, 2012
Bernadette von Dawans, Urs Fischbacher, Markus Heinrichs, Ernst Fehr, Clemens Kirschbaum, The social dimension of stress reactivity: acute stress increases prosocial behavior in humans. Psychological Science 23, 651-660, 2012
Matteo Ploner, Anthony Ziegelmeyer, Katrin Schmelz, Hidden Costs of Control: Four Repetitions and an Extension, Experimental Economics, 15(2), 323-340, 2012
Irenaeus Wolff, Retaliation and the Role for Punishment in the Evolution of Cooperation, Journal of Theoretical Biology, 315, 128-138, 2012
Andreas Nicklisch, Irenaeus Wolff, On the nature of reciprocity: evidence from the Ultimatum Reciprocity Measure, Journal of Economic Behavior & Organization, 84(3), 892-905, 2012


Andreas Nicklisch, Irenaeus Wolff, Cooperation norms in multiple-stage punishment, Journal of Public Economic Theory, 13(5), 791-827, 2011
Irenaeus Wolff, Hong Geng, Arne Robert Weiss, The limited power of voting to limit power, Journal of Public Economic Theory, 13(5), 695-719, 2011


Urs Fischbacher, Simon Gächter, Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Goods, American Economic Review, 100(1), 541-556, 2010


Dirk Engelmann, Urs Fischbacher, Indirect Reciprocity and Strategic Reputation Building in an Experimental Helping Game, Games and Economic Behavior, 67(2), 399-407, 2009
Thomas Baumgartner, Urs Fischbacher, Anja Feierabend, Ernst Fehr, Kai Lutz, The Neural Circuitry of a Broken Promise, Neuron 64(5) (2009), 756-770, 2009
Urs Fischbacher, Christina Fong, Ernst Fehr, Fairness, Errors and the Power of Competition, Journal of Economic Behavior & Organization, 72(1), 527-45, 2009


Armin Falk, Urs Fischbacher, Ernst Fehr, Testing Theories of Fairness—Intentions matter, Games and Economic Behavior, 62(1), 287-303, 2008
Daria Knoch, Urs Fischbacher, Alvaro Pascual-Leone, Michael Nitsche, Christoph Eisenegger, Ernst Fehr, Studying the Neurobiology of Social Interaction with Transcranial Direct Current Stimulation. The Example of Punishing Unfairness, Cerebral Cortex, 18, 1987-1990, 2008
Thomas Baumgartner, Urs Fischbacher, Markus Heinrichs, Aline Vonlanthen, Ernst Fehr, Oxytocin Shapes the Neural Circuitry of Trust and Trust Adaption in Humans, Neuron, 58(4), 639-650, 2008
C. Bjornskov, Justina Fischer, Axel Dreher, Cross-country determinants of life satisfaction: exploring different determinants across groups in society. Social Choice and Welfare, 119-173, 2008
C. Bjornskov, Justina Fischer, Axel Dreher, On Decentralization and Life Satisfaction. Economics Letters, 99, 147-151, 2008
D. Dorn, Justina Fischer, G. Kirchgässner, A. Souza-Poza, Direct Democracy and Life Satisfaction Revisited-New Evidence for Switzerland. Journal of Happiness Studies, 9(2), 227-255, 2008
Gerald Eisenkopf, Student Selection and Incentives. Zeitschrift für Betriebswirtschaft, 79, 1-15, 2008
Urs Fischbacher, Christian Thöni, Inefficient Excess Entry in an Experimental Winner-Take-All Market. Journal of Economic Behavior and Organization, 67(1), 150-16, 2008
Justina Fischer, Is Competition Good For Trust? Cross-Country Evidence Using Micro-Data, Economics Letters, 100, 56-59, 2008
Urs Fischbacher, A. Dehnhardt, Non-selfish motivation and river basin management. In A. Dehnhardt and U. Petschow (Editors): Sustainability in River Basins - A Question of Governance, München, 2008


Urs Fischbacher, z-Tree: Zurich Toolbox for Ready-made Economic experiments, Experimental Economics, 10(2), 171-178, 2007
Jan-Egbert Sturm, T. Wollmershäuser, ifo Survey Data in Business Cycle and Monetary Policy Analysis, Heidelberg, 2007
Urs Fischbacher, Ulrike Stefani, Strategic Errors and Audit Quality. An Experimental Investigation, Accounting Review, 82(3), 679-704, 2007
Oliver Fabel, D. Demougin, Entrepreneurship and the Division of Ownership in New Ventures, Journal of Economics and Management Strategy, 16, 111-128, 2007
Günter Franke, R. Stapleton, J. Huang, Two-Dimensional Risk Neutral Valuation Relationships for the Pricing of Options, Review of Derivatives Research, 9, 213-237, 2007
Günter Franke, Thomas Weber, Wie werden Collateralized Debt Obligation-Transaktionen gestaltet? Zeitschrift für Betriebswirtschaftliche Forschung, Sonderheft 57, 95-123, 2007
Christian Hopp, Nothing Ventured Nothing Gained? Empirical Evidence on Venture Capital Financing in Switzerland, Schweizerische Zeitschrift für Volkswirtschaft und Statistik (Swiss Journal of Economics and Statistics), 2007
Manfred Spitzer, Urs Fischbacher, Bärbel Herrnberger, Georg Grön, Ernst Fehr, The Neural Signature of Social Norm Compliance. Neuron, 56(4), 185-196, 2007
Günter Franke, Anforderungen in Zeiten eines beschleunigten industriellen Strukturwandels: Plädoyer für Integrierte Finanzwertschöpfung. In Institut der Deutschen Wirtschaft (Editor): Industrie und Finanzwirtschaft: Partner im Strukturwandel. Köln, 2007
Günter Franke, W. von Schimmelmann, Interne und externe Ratings. Das optimale Informationssystem für die Finanzwirtschaft. Frankfurt, 2007


Oliver Fabel, D. Demougin, Autonomie der Universität und Professionalisierung ihrer Leitungsstrukturen, Schmalenbach Business Review, 172-191, 2006
Günter Franke, H. Schlesinger, Multiplicative Background Risk. Management Science, 52:146-153, 2006
Günter Franke, R. Stapleton, J. Huang, Two-Dimensional Risk Neutral Valuation Relationships for the Pricing of Options. Journal of Derivatives Research., 2006
Christian Hopp, Erklärungsansätze für die Syndizierung von Venture Capital, Wirtschaftswissenschaftliches Studium, February, 99-102, 2006
Günter Franke, Präferenzfreie Strategien zum Absichern von Wechselkursrisiken. In W. Kürsten and B. Nietert (Editors): Handbuch Mergers & Acquisitions Management, Wiesbaden, 2006
Günter Franke, J. Krahnen, Default risk sharing between banks and markets: The contribution of collateralized loan obligations. In M. Arey and R. Stulz (Ed, 2006
Oliver Fabel, E. Franck, Governance, Innovations and Strategies, Zeitschrift für Betriebswirtschaft, Sonderheft 05/06, 2006
Günter Franke, W. von Schimmelmann, Finanzplatz Deutschland - Neue Wege für das Bankensystem. Frankfurt, 2006
Günter Franke, Christian Hopp, M&A-Transaktionen - Fluch oder Segen der Realoptionstheorie? In B. Wirtz (Editor): Handbuch Mergers & Acquisitions Management, Wiesbaden, 2006
Helen Bernhard, Urs Fischbacher, Ernst Fehr, Parochial altruism in humans, Nature, 442, 912-915, 2006


Axel Dreher, Jan-Egbert Sturm, Wirtschaftsperspektiven Thurgau im interkantonalen Vergleich. Kreuzlingen, 2005
D. Banerjee, Jan-Egbert Sturm, A. Khalid, Socio-economic development and software piracy: An empirical assessment, Applied Economics (37), 2091-2097, 2005
Axel Dreher, Does the IMF influence fiscal and monetary policy? The Journal of Policy Reform 8(3), 225-238 , 2005
Axel Dreher, Globalization and taxation in the OECD: Evidence from a new indicator of integration, Public Finance and Management, 5(3), 400-4, 2005
Günter Franke, Marktwirtschaft und Risiko, Perspektiven der Wirtschaftspolitik, 4, 2005
Christian Hopp, F. Rieder, Strukturanalyse des deutschen Marktes für Beteiligungskapital, Vierteljahreshefte zur Wirtschaftsforschung, 74(4), 140-152, 2005
Christian Hopp, Erklärungsansätze für die Syndizierung von Venture Capital, WiSt (Wirtschaftswissenschaftliches Studium), 99-102, 2005
Helge Berger, Jan-Egbert Sturm, Jakob de Haan, Which variables explain decisions on IMF credit? An extreme bounds analysis, Economics&Politics, 17, 177-213, 2005
Jakob de Haan, Jan-Egbert Sturm, Determinants of long-term growth: New results applying robust estimation and extreme bounds analysis, Empirical Economics, 30(3), 2005
Axel Dreher, Jan-Egbert Sturm, Wachstumsschwäche Schweiz: Ein Vergleich mit anderen (kleinen) europäischen Staaten, in L. Steinmann and H. Rentsch (Herausgeber): Wachstumsschwäche - Die Debatte Über die fehlende Dynamik der schweizerischen Volkswirtschaft, 22-42, Zürich, 2005
Günter Franke, W. von Schimmelmann, Retailbanking - Kundenwünsche und Rentabilität, Frankfurt am Main, 2005
Günter Franke, W. von Schimmelmann, Altersvorsorge - Ein neues Geschäftsfeld für Banken? Frankfurt am Main, 2005
Günter Franke, Transformation nicht-gehandelter in handelbare Kreditrisiken. In W. Franz, H. Ramser und M. Stadler (Hrsg.): Funktionsfähigkeit , 2005
Günter Franke, What can we expect from the new trade of CO2-allowances? In Stiftung Umwelt und Wohnen (Editor): Environment - Economy- Education, 75-79, Konstanz, 2005
J. Jacobs, Jan-Egbert Sturm, Do ifo indicators help explain revisions in German industrial production?, in J.-E. Sturm and T. Wollmershäuser (Editors): ifo Survey Data in Business Cycle and Monetary Policy Analysis, 93-114, Heidelberg, 2005
S. Sauer, Jan-Egbert Sturm, Interest Rate Reaction Functions: The Influence of Growth Rates vs. Deviations from Trend as Output Gap Measures. In C. Dreger and P. Galler (Editors): 4th IWH Workshop in Macroeconometrics, Advances in Macroeconomic Modelling, 2005
Christian Hopp, Review of H. Smit and I. Trigeorgis, Stratetic investments: Real options and games, Princeton University Press 2004, Schmalenbach Business Review 57(2), 193-94, 2005
Christian Hopp, Review of J. Wesseler, H. Weikard and R. Weaver (Editors): Risk and uncertainty in environmental and natural resource economics, Edward Elgar 2003, Zeitschrift für Umweltpolitik und Umweltrecht, 28(3), 404-406, 2005
Michael Kosfeld, Urs Fischbacher, Markus Heinrichs, Paul Zak, Ernst Fehr, Oxytocin increases Trust in Humans, Nature, 435, 2 June, 673-676, 2005


Jakob de Haan, Jan-Egbert Sturm, B. Volkerink, How to Measure the Tax Burd on Labour at the Maco Level?, in Sorensen, P. (Editor): Measuring the Tax Burden on Capital and Labour, 289-318, 2004
Axel Dreher, Roland Vaubel, The Causes and Consequences of IMF Conditionality, Emerging Markets Finance and Trade, 40, 26-54, 2004
Axel Dreher, Roland Vaubel, Do IMF and IBRD Cause Moral Hazard and Political Business Cycles? Evidence form Panel Data. Open Economies Review, 15(1), 5-22, 2004
Axel Dreher, Book review of S. Rudolf (Editor): Emerging Markets: Social, Political, and Economic Challenges. Public Finance and Management, 2004
Axel Dreher, Der Einfluss der Globalisierung auf die Steuer- und Sozialpolitik - eine empirische Analyse für die OECD-Länder. In R. Ohr (Editor): Globalisierung - Herausforderung an die Wirtschaftspolitik, 75-96, Berlin, 2004
Axel Dreher, The Influence of IMF Programs on the Re-election of Debtor Governments, Economics & Politics, 16(1), 53-76, 2004
Axel Dreher, A Public Choice Perspective on IMF and World Bank Lending and Conditionality, Public Choice, 119(3-4), 445-464, 2004
R. Farrell, Jan-Egbert Sturm, N. Gaston, Determinants of Japan's Foreign Direct Investment: An Industry and Country Panel Study, 1984-1998, Journal of the Japanese and International Economies, 18(2), 161-182 , 2004
Günter Franke, J. Krahnen, Default Risk Sharing Between banks and Markets: The Contribution of Collateralized Loan Obligations, NBER working paper, Nationa, 2004
Günter Franke, R. Stapleton, M. Subrahmanyam, Background Risk and the Demand for State Contingent Claims, Economic Theory, 23, 321-335, 2004
Günter Franke, Finanzplanung: Neue Wege und Bedeutungswandel. In W. Gerke and T. Siegerit (Editors): Aktuelle Herausforderungen des Finanzmanagements, 31-50, Stuttgart, 2004
Günter Franke, Kapitalmarktverfassung, Managerentlohnung und Bilanzpolitik. In R. Gillenkirch et al. (Editors): Wertorientierte Unternehmensverfassung, 23-46, Berlin, 2004
M. Ruschinski, Jan-Egbert Sturm, Foreign Direct Investment and Growth: Panel Data Evicence for 22 OECD Countries. In C. Dreger and G. Hansen (Editors): 3rd IWH Workshop in Macroeconometrics, Schriften des IWH Vol. 15 of Advances in Macroeconometric Modelling, Baden-Baden, 2004
Jan-Egbert Sturm, Barry Williams, Foreign Bank Entry, Deregulation and Bank Efficiency: Lessons from the Australian Experience, Journal of Banking and Finance, 28(7), 1775-1799, 2004
Jan-Egbert Sturm, T. Wollmershäuser, Ifo Survey Data in Business Cycle and Monetary Policy Analysis, Physica-Verlag, 2004
Jan-Egbert Sturm, News and the Business Climate (Wirtschaftsnachrichten und das Geschäftsklima), Forschungsbericht, 144(11), Medien Tenor, 2004
Axel Dreher, Roland Vaubel, U. Soylu, Das Personalwachstum in Internationalen Organisationen: Ein Principal-Agent-Problem? Eine empirische Analyse, in F.-U. Pappi et al. (Herausgeber): Die Institutionalisierung Internationaler Verhandlungen, Volume 8, Mannheimer Jahrbuch für Europäische Sozialforschung, 205-232. Frankfurt/New York, 2004


10. - 12. April 2018 Thurgau experimental economics meeting (theem)   (mehr)
08. November Thurgauer Prognoseforum 2017 mit Jan-Egbert Sturm und Guido Schwerdt zum Thema "Bildung"  (mehr)
Lakelab experimentielle Wirtschaftsforschung

Department of Economics
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