Englisch - Fakultät für Wirtschaftswissenschaften - Universität ...

BaER-Lab: Business and Economic Research Laboratory
Experimental economic research examines
behavioral patterns in economic
decision-making. To establish this area
of research at the University of Pader -
born, in April 2009 the Faculty of Busi -
ness Administration and Economics
founded its own Business and Eco -
nomic Research Laboratory (known as
BaER-Lab) at Prof. Dr. René Fahr’s chair
of Corporate Governance. Equipped
with 29 state-of-the-art computing
workstations, BaER-Lab is one of the
largest experimental economic labs in
Germany, exploring economic theories,
models and problems in a controlled
lab environment. The resulting data is
anonymized and subjected to statistical
analysis before applying the outcome
to the research issue in question.
Current projects include an experimen-
CEAC: Center for the Empirical Analysis of Contracts
Contracts are the foundation of longterm
business and working relationships.
The Department of Management
runs various projects to discover how
business partners structure their longterm
contracts in the shadow of the
law, and to identify the likelihood of
success of various types of contract.
www.baer-lab.org
Particular attention is given to longterm,
complex and incomplete contracts
where mutual trust and implicit
factors play a role. The contexts in
question are employment contracts,
long-term supply agreements, and professional
team sports. The theories that
play a role in this field overlap with
Left and above: Workstations at BaER-Lab
tal analysis of the factors determining
corrupt behavior, the perception and
correct judgment of risk in management
decisions, and the impact of coproduction
on consumers’ willingness to pay.
www.baer-lab.org
other disciplines such as marketing,
economic legal analysis, institutional
economics and organizational behavior.
Genuine contracts and contractual relationships
are empirically analyzed on
this basis.
Faculty of Business Administration and Economics
BaER-Lab: Business and Economic Research Laboratory
CEAC: Center for the Empirical Analysis of Contracts
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