Axel Ockenfels
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Axel Ockenfels
Axel Ockenfels (born 9 February 1969) is a German economist. He is professor of economics at the University of Cologne. He also is Director of the Cologne Laboratory of Economic Research, Speaker of the "University of Cologne Excellence Center for Social and Economic Behavior "C-SEB, and Coordinator of the DFG research unit "Design & Behavior". Career Ockenfels received his Diplom in economics from the University of Bonn in 1994, where he studied under Reinhard Selten. He earned his doctoral degree in economics from the Otto-von-Guericke University Magdeburg in 1998, where his doctoral advisor was Joachim Weimann. Renowned for his research on behavioral and design economics, Ockenfels is considered one of the most influential German economists, both in fundamental research and in practical market design. He publishes in leading journals in economics, but also in business administration, information systems, psychology, and sociology, as well as in application-oriented outlets. Hi ...
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Rheydt
Rheydt () is a borough of the Germany, German city Mönchengladbach, located in the west of North Rhine-Westphalia. Until 1918 and then again from 1933 (due to a split from Mönchengladbach arranged by Joseph Goebbels, who was born there) through 1975 it was an independent city. After merging with Mönchengladbach, the central station (Rheydt Hauptbahnhof) kept its original name, making Mönchengladbach the only city in Germany to have two stations called Hauptbahnhof. Schloss Rheydt, one of the best-preserved palaces of the Renaissance period, is located in Rheydt. Mayors 1808–1974 *1808–1823: Dietrich Lenßen *1823–1857: Johann David Büschgens *1857–1877: Carl Theodorf von Velsen *1877–1893: Emil Pahlke *1893–1901: Dr. Wilhelm Strauß *1901–1905: Dr. Karl August Tettenborn *1906–1920: Paul Lehwald *1920–1929: Dr. Oskar Graemer *1929–1930: Franz Gielen *1930–1933: Dr. Johannes Handschumacher *1933: Wilhelm Pelzer *1934–1936: Edwin Renatus Robert August ...
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Political Economics
Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour markets and financial markets, as well as phenomena such as growth, distribution, inequality, and trade, and how these are shaped by institutions, laws, and government policy. Originating in the 16th century, it is the precursor to the modern discipline of economics. Political economy in its modern form is considered an interdisciplinary field, drawing on theory from both political science and modern economics. Political economy originated within 16th century western moral philosophy, with theoretical works exploring the administration of states' wealth; "political" signifying the Greek word ''polity'' and "economy" signifying the Greek word '; household management. The earliest works of political economy are usually attributed to the Britis ...
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1969 Births
This year is notable for Apollo 11's first landing on the moon. Events January * January 4 – The Government of Spain hands over Ifni to Morocco. * January 5 **Ariana Afghan Airlines Flight 701 crashes into a house on its approach to London's Gatwick Airport, killing 50 of the 62 people on board and two of the home's occupants. * January 14 – An explosion aboard the aircraft carrier USS Enterprise (CVN-65), USS ''Enterprise'' near Hawaii kills 27 and injures 314. * January 19 – End of the siege of the University of Tokyo, marking the beginning of the end for the 1968–69 Japanese university protests. * January 20 – Richard Nixon is First inauguration of Richard Nixon, sworn in as the 37th President of the United States. * January 22 – Attempted assassination of Leonid Brezhnev, An assassination attempt is carried out on Soviet leader Leonid Brezhnev by deserter Viktor Ilyin. One person is killed, several are injured. Leonid Brezhnev, Brezhnev es ...
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Bidding
Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed by a person under influence of a product or service based on the context of the situation. In the context of auctions, stock exchange, or real estate, the price offer a business or individual is willing to pay is called a bid. In the context of corporate or government procurement initiatives, in Business and Law school students actively bid for high demand elective courses that have a maximum seat capacity though a course bidding process using pre allocated bidding points or e-bidding currency on course bidding systems. The price offer a business or individual is willing to sell is also called a bid. The term "bidding" is also used when placing a bet in card games. Bidding is used by various economic niches for determining the demand and hen ...
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Equity (economics)
Equity, or economic equality, is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics. More specifically, it may refer to a movement that strives to provide equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution. Overview According to Peter Corning, there are three distinct categories of substantive fairness (equality, equity, and reciprocity) that must be combined and balanced in order to achieve a truly fair society. Inequality and inequities have significantly increased in recent decades. Equity is based on the idea of moral equality. Equity looks at the distribution of capital, goods, and access to services throughout an economy and is often measured using tools such as the Gini index. Equity may be distinguished from economic efficiency in overall evaluation of social welfare. Although 'equity' ...
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Reputation
The reputation of a social entity (a person, a social group, an organization, or a place) is an opinion about that entity typically as a result of social evaluation on a set of criteria, such as behavior or performance. Reputation is a ubiquitous, spontaneous, and highly efficient mechanism of social control. It is a subject of study in social, management, and technological sciences. Its influence ranges from competitive settings, like markets, to cooperative ones, like firms, organizations, institutions and communities. Furthermore, reputation acts on different levels of agency, individual and supra-individual. At the supra-individual level, it concerns groups, communities, collectives and abstract social entities (such as firms, corporations, organizations, countries, cultures and even civilizations). It affects phenomena of different scales, from everyday life to relationships between nations. Reputation is a fundamental instrument of social order, based upon distributed, spon ...
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Reciprocity (cultural Anthropology)
In cultural anthropology, reciprocity refers to the non-market exchange of goods or labour ranging from direct barter (immediate exchange) to forms of gift exchange where a return is eventually expected (delayed exchange) as in the exchange of birthday gifts. It is thus distinct from the true gift, where no return is expected. When the exchange is immediate, as in barter, it does not create a social relationship. When the exchange is delayed, it creates both a relationship as well as an obligation for a return (i.e. debt). Hence, some forms of reciprocity can establish hierarchy if the debt is not repaid. The failure to make a return may end a relationship between equals. Reciprocal exchanges can also have a political effect through the creation of multiple obligations and the establishment of leadership, as in the gift exchanges (Moka) between Big Men in Melanesia. Some forms of reciprocity are thus closely related to redistribution, where goods and services are collected by a ...
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Deutsche Forschungsgemeinschaft
The German Research Foundation (german: Deutsche Forschungsgemeinschaft ; DFG ) is a German research funding organization, which functions as a self-governing institution for the promotion of science and research in the Federal Republic of Germany. In 2019, the DFG had a funding budget of €3.3 billion. Function The DFG supports research in science, engineering, and the humanities through a variety of grant programmes, research prizes, and by funding infrastructure. The self-governed organization is based in Bonn and financed by the German states and the federal government of Germany. As of 2017, the organization consists of approximately 100 research universities and other research institutions. The DFG endows various research prizes, including the Leibniz Prize. The Polish-German science award Copernicus Award, Copernicus is offered jointly with the Foundation for Polish Science. According to a 2017 article in ''The Guardian'', the DFG has announced it will publish its re ...
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Journal Of Economic Behavior And Organization
The ''Journal of Economic Behavior and Organization'' is an academic journal published by Elsevier. It was started in 1980 by North-Holland, later merged into Elsevier. It publishes research on economic decision and behaviour influence organizations and markets. Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index. According to the ''Journal Citation Reports'', the journal has a 2020 impact factor of 1.635, ranking it 225th out of 376 journals in the category "Economics". See also * List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *'' Affilia'' *''A ... References External links * Economics journals English-language journals Publications established in 1980 Elsevier academic journals Monthly journals {{ ...
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Journal Of Behavioral And Experimental Economics
The ''Journal of Behavioral and Experimental Economics'' is a bimonthly peer-reviewed academic journal covering behavioral and experimental economics. It was established in 1972 as the ''Journal of Behavioral Economics'', and was renamed the ''Journal of Socio-Economics'' in 1991. It obtained its current name in 2014. The editor-in-chief is Pablo Branas-Garza. In 2013-2021 its Editor was Ofer Azar (Ben-Gurion University of the Negev). According to the ''Journal Citation Reports'', the journal has a 2021 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as i ... of 1.831. References External links *{{Official website, https://www.journals.elsevier.com/journal-of-behavioral-and-experimental-economics/ Economics journals Socioeconomics Behavioral economics Publications esta ...
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Verein Für Socialpolitik
The Verein für Socialpolitik (), or the German Economic Association, is an important society of economists in the German-speaking area. History The Verein was founded in Eisenach in 1872 as a response to the "social question". Among its founders were eminent economists like Gustav von Schmoller, Lujo Brentano and Adolph Wagner, who sought a middle path between socialist and laissez-faire economic policies. On the contrary, the liberal publicist Heinrich Bernhard Oppenheim, critical of their "fanciful positions", dubbed them the Kathedersozialisten (socialists of the chair), meant as pejorative term. Allgemeine Deutsche Biographie. Among its later members were prominent sociologists like Max Weber and Werner Sombart. They took part in the famous Werturteilsstreit with the older generation of the Verein just before the First World War. The Verein was dissolved in 1936 under the Nazis, but was re-created in 1948 at a conference in Marburg. Today, the Verein is headquartered in Ber ...
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Karlsruhe Institute Of Technology
The Karlsruhe Institute of Technology (KIT; german: Karlsruher Institut für Technologie) is a public research university in Karlsruhe, Germany. The institute is a national research center of the Helmholtz Association. KIT was created in 2009 when the University of Karlsruhe (), founded in 1825 as a public research university and also known as the "Fridericiana", merged with the Karlsruhe Research Center (), which had originally been established in 1956 as a national nuclear research center (, or KfK). KIT is a member of the TU9, an incorporated society of the largest and most notable German institutes of technology.TU9 As part of the German Universities Excellence Initiative KIT was one of three universities which were awarded excellence status in 2006. In the following "German Excellence Strategy" KIT was awarded as one of eleven "Excellence Universities" in 2019. KIT is among the leading technical universities in Germany and Europe. According to different bibliometric ranking ...
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