Discussion papers

#	Project	Title	Author

166/2020	C04	Collective Intelligence: Crowd Wisdom versus Herding	Andreas Engert

165/2020	B04	The Role of Caseworkers in Unemployment Insurance: Evidence from Unplanned Absences	Amelie Schiprowski

164/2020	B04	Benefit Duration, Job Search Behavior and Re-Employment	Andreas Lichter, Amelie Schiprowski

163/2020	A03	The Impact of COVID-19 on Gender Equality	Titan Alon, Matthias Doepke, Jane Olmstead-Rumsey, Michèle Tertilt

162/2020	C03 C04	Distance in Bank Lending: The Role of Social Networks	Oliver Rehbein, Simon Rother

161/2020	C02	Monetary Policy, Markup Dispersion, and Aggregate TFP	Matthias Meier, Timo Reinelt

160/2020	C02	Supply Chain Disruptions, Time to Build, and the Business Cycle	Matthias Meier

159/2020	C02	Falling Behind: Has Rising Inequality Fueled the American Debt Boom?	Moritz Drechsel-Grau, Fabian Greimel

158/2020	B01	Optimal Auctions with Signaling Bidders	Olivier Bos, Martin Pollrich

157/2020	B04	Strategies under Strategic Uncertainty	Helene Mass

156/2020	B01	Contest with Incomplete Information: When to Turn Up the Heat, and How?	Mengxi Zhang

155/2020	B03	Do People Value More Informative News?	Felix Chopra, Ingar Haaland, Christopher Roth

154/2020	C02	Robustly Optimal Monetary Policy in a New Keynesian Model with Housing	Klaus Adam, Michael Woodford

153/2020	A03	Consumer Debt and Default: A Macro Perspective	Florian Exler, Michèle Tertilt

152/2020	A02	Who Benefits from General Knowledge?	Cristina Bellés-Obrero, Emma Duchini

151/2020	B04	Optimal Selling Mechanisms with Endogenous Proposal Rights	Sarah Auster, Nenad Kos, Salvatore Piccolo

150/2020	B05	Student Performance and Loss Aversion	Heiko Karle, Dirk Engelmann, Martin Peitz

149/2020	B07	Complementarities in Behavioral Interventions: Evidence from a Field Experiment on Energy Conservation	Ximeng Fang, Lorenz Goette, Bettina Rockenbach, Matthias Sutter, Verena Tiefenbeck, Samuel Schoeb, Thorsten Staake

148/2020	A01	Associative Memory and Belief Formation	Benjamin Enke, Frederik Schwerter, Florian Zimmermann

147/2020	B05	Big Tech Mergers	Massimo Motta, Martin Peitz

146/2020	B04	Robust Bidding and Revenue in Descending Price Auctions	Sarah Auster, Christian Kellner

145/2020	B04	Hidden Testing and Selective Disclosure of Evidence	Claudia Herresthal

144/2020	C02	Estimating the Optimal Inflation Target from Trends in Relative Prices	Klaus Adam, Henning Weber

143/2020	C03	Pricing for the Stars Dynamic Pricing in the Presence of Rating Systems First version: January 2020	André Stenzel, Christoph Wolf, Peter Schmidt

142/2020	A03 C02	The Emergence of Procyclical Fertility: The Role of Gender Differences in Employment Risk	Sena Coskun, Husnu C. Dalgic

141/2020	B06	Human Capitalists and the Global Division of Labor	Jan Schymik

140/2019	B05	Ad Clutter, Time Use, and Media Diversity	Simon P. Anderson, Martin Peitz

139/2019	A02	Can an Increase in the Minimum Age of Marriage Reduce Child Marriage Rates? Evidence from Mexico	Cristina Bellés-Obrero, María Lombardi

138/2019	C03	Can You Trust the Blockchain? The (limited) Power of Peer-to-Peer Networks for Information Provision	Benedikt Franke, Qi Gao, André Stenzel

137/2019	B05	The Competitive Impacts of Exclusivity and Price Transparency in Markets with Digital Platforms	Paul Belleflamme, Martin Peitz

136/2019	B04 B05	Bidding in Common-Value Auctions with an Uncertain Number of Competitors	Stephan Lauermann, Andre Speit

135/2019	B04	Overcoming Free-Riding in Bandit Games	Johannes Hörner, Nicolas Klein, Sven Rady

134/2019	A03	Young, Educated, Unemployed	Sena Coskun

133/2019	B02	Bargaining and Delay in Thin Markets	Francesc Dilmé

132/2019	B02	Relational Contracts: Public versus Private Savings	Francesc Dilmé, Daniel Garrett

131/2019	A03	Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach	Andreas Gulyas, Krzysztof Pytka

130/2019	B04	Undiscounted Bandit Games	Godfrey Keller, Sven Rady

129/2019	C01	Occupation Growth, Skill Prices, and Wage Inequality	Michael J. Böhm, Hans-Martin von Gaudecker, Felix Schran

128/2019	B03 B04	Persuasion and Information Aggregation in Large Elections	Carl Heese, Stephan Lauermann

127/2019	B03	Blurred Boundaries: A Flexible Approach for Segmentation Applied to the Car Market	Laura Grigolon

126/2019	A02	Teacher Performance Pay and Student Learning: Evidence from a Nationwide Program in Peru	Cristina Bellés-Obrero, Mará Lombardi

125/2019	B04	Information Aggregation in Poisson-Elections	Mehmet Ekmekci, Stephan Lauermann

124/2019	B04	Probabilistic Verification in Mechanism Design	Ian Ball, Deniz Kattwinkel

123/2019	A03	A Structural Analysis of Vacancy Referrals with Imperfect Monitoring and Sickness Absence	Gerard J. van den Berg, Hanno Foerster, Arne Uhlendorff

122/2019	B06	Spatial Agglomeration and Superstar Firms: Firm-level Patterns from Europe and U.S.	Laura Alfaro, Maggie X. Chen, Harald Fadinger

121/2019	A01 A02	Self-Selection of Peers and Performance	Lukas Kiessling, Jonas Radbruch, Sebastian Schaube

120/2019	B01 B04	The Balance Condition in Search-and-Matching Models	Stephan Lauermann, Georg Nöldeke, Thomas Tröger

119/2019	B02	Visibility of Technology and Cumulative Innovation: Evidence from Trade Secrets Laws	Bernhard Ganglmair, Imke Reimers

118/2019	A03	Adjusting to Globalization in Germany	Wolfgang Dauth, Sebastian Findeisen, Jens Suedekum

117/2019	C04	Shareholder Activism in Germany	Andreas Engert

116/2019	B01	On Selecting the Right Agent	Geoffroy de Clippel, Kfir Eliaz, Daniel Fershtman, Kareen Rozen

115/2019	A03	The Impact of Post-Marital Maintenance on Dynamic Decisions and Welfare of Couples	Hanno Foerster

114/2019	B04	Costless Information and Costly Verification: A Case for Transparency	Deniz Kattwinkel, Jan Knoepfle

113/2019	B02	Habits as Adaptations: An Experimental Study	Ludmila Matysková, Brian Rogers, Jakub Steiner, Keh-Kuan Sun

112/2019	A03	Does Female Empowerment Promote Economic Development?	Matthias Doepke, Michèle Tertilt

111/2019	A01 A02	Socio-Economic Status and Inequalities in Children’s IQ and Economic Preferences	Armin Falk, Fabian Kosse, Pia Pinger, Hannah Schildberg-Hörisch, Thomas Deckers

110/2019	A03	Employer Screening and Optimal Unemployment Insurance	Mario Meier, Tim Obermeier

109/2019	A03	The Marriage Market, Inequality and the Progressivity of the Income Tax	Tim Obermeier

108/2019	C03	The Deposit Base - Multibanking and Bank Stability	Hendrik Hakenes, Eva Schliephake

107/2019	A02	Mothers’ Care: Reversing Early Childhood Health Shocks Through Parental Investments	Cristina Bellés-Obrero, Antonio Cabrales, Sergi Jiménez-Martín, Judit Vall-Castello

106/2019	B06	Capital Adjustment Cost: Implications for Domestic and Export Sales Dynamics	Yanping Liu

105/2019	C02	Stock Price Cycles and Business Cycles	Klaus Adam, Sebastian Merkel

104/2019	B01	Efficient Sequential Screening	Boaz Zik

103/2019	A02	Education and Gender Differences in Mortality Rates	Cristina Bellés-Obrero, Sergi Jiménez-Martín, Judit Vall Castello

102/2019	A03	Not Just a Work Permit: EU Citizenship and the Consumption Behaviour of Documented and Undocumented Immigrants	Effrosyni Adamopoulou, Ezgi Kaya

101/2019	B05	Segmentation versus Agglomeration: Competition between Platforms with Competitive Sellers	Heiko Karle, Martin Peitz Markus Reisinger

100/2019	A01	Mission of the Company, Prosocial Attitudes and Job Preferences: A Discrete Choice Experiment	Arjan Non, Ingrid Rohde, Andries de Grip, Thomas Dohmen

099/2019	B05	Price Disclosure by Two-sided Platforms	Paul Belleflamme, Martin Peitz

098/2019	B05	Optimal Non-Linear Pricing Scheme when Consumers are Habit Forming	Eleftheria Triviza

097/2019	A01	(Not) Everyone Can Be a Winner – The Role of Payoff Interdependence for Redistribution	Sebastian Schaube, Louis Strang

096/2019	A01	Motivated by Others’ Preferences? An Experiment on Imperfect Empathy	Jana Hofmeier, Thomas Neuber

095/2019	C04	Asset Price Bubbles and Systemic Risk	Markus Brunnermeier, Simon Rother, Isabel Schnabel

094/2019	B06	The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis	Laura Alfaro, Alejandro Cuñat, Harald Fadinger, Yanping Liu

093/2019	B01	Fake Experts	Patrick Lahr, Justus Winkelmann

092/2019	A02	Determinants of Peer Selection	Lukas Kiessling, Jonas Radbruch, Sebastian Schaube

091/2019	C03	Bailouts, Bail-ins and Banking Crises	Todd Keister, Yuliyan Mitkov

090/2019	C03	Inequality and Financial Fragility	Yuliyan Mitkov

089/2019	B05	Media See-saws: Winners and Losers in Platform Markets First version: May 2019	Simon P. Anderson, Martin Peitz

088/2019	A04	Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark Industry Characteristics	Antonio Ciccone, Elias Papaioannou

087/2019	B04	Local Search Markets and External Competition	Patrick Legros, Konrad Stahl

086/2019	A04	The Human Capital Stock: A Generalized Approach, Comment	Francesco Caselli, Antonio Ciccone

085/2019	A03	Heterogeneity, Transfer Progressivity and Business Cycles First version: April 2019	Youngsoo Jang, Takeki Sunakawa, Minchul Yum

084/2019	B03	Anticompetitive Vertical Merger Waves	Johan Hombert, Jerome Pouyet, Nicolas Schutz

083/2019	B02	Revenue Management without Commitment: Dynamic Pricing and Periodic Flash Sales	Francesc Dilmé, Fei Li

082/2019	B06	Foreign Competition and the Durability of US Firm Investments	Philippe Fromenteau, Jan Schymik, Jan Tscheke

081/2019	B04	Trust, Investment and Competition: Theory and Evidence from German Car Manufacturers	Giacomo Calzolari, Leonardo Felli, Johannes Koenen, Giancarlo Spagnolo, Konrad Stahl

080/2019	B04	Informal Elections with Dispersed Information	Mehmet Ekmekci, Stephan Lauermann

079/2019	C01	The Dynamics of Households’ Stock Market Beliefs	Hans-Martin von Gaudecker, Axel Wogrollly

078/2019	B02	Pre-Trade Private Investments	Francesc Dilmé

077/2019	B05	Challenges for EU Merger Control	Massimo Motta, Martin Peitz

076/2019	B05	Ratings, Reviews, Recommendations and the Consumption of Cultural Goods	Paul Belleflamme, Martin Peitz

075/2019	C02	Do Plants Freeze upon Uncertainty Shocks?	Ariel Mecikovsky, Matthias Meier

074/2019	B05	Rethinking Liability Rules for Online Hosting Platforms	Miriam Buiten, Alexandre de Streel, Martin Peitz

073/2019	A01	The Dynamics of Motivated Beliefs	Florian Zimmermann

072/2019	A01	Determinants of Trust: The Role of Personal Experiences	Frederik Schwerter, Florian Zimmermann

071/2019	A01	Relationship of Gender Differences in Preferences to Economic Development and Gender Equality	Armin Falk, Johannes Hermle

070/2019	A01	Narratives, Imperatives, and Moral Reasoning	Roland Bénabou, Armin Falk, Jean Tirole

069/2019	A02	Value of Risky Lifestyle Choices	Chloé Michel, Michelle Sovinsky, Steven Stern

068/2019	A03	An Equilibrium Model of the African HIV/AIDS Epidemic	Jeremy Greenwood, Philipp Kircher, Cezar Santos, Michèle Tertilt

067/2019	A03	Taxing Families: The Impact of Child-related Transfers on Maternal Labor Supply First version: January 2019	Anne Hannusch

066/2019	B04	Manipulated Electorates and Information Aggregation	Mehmet Ekmekci, Stephan Lauermann

065/2018	C03	Opacity, Liquidity and Disclosure Policies	André Stenzel, Wolf Wagner

064/2018	C03	Incentive-Compatibility, Limited Liability and Costly Liquidation in Financial Contracting	Zhengqing Gui, Ernst-Ludwig von Thadden, Xiaojian Zhao

063/2018	B04	A Common-Value Auction with State-Dependent Participation	Stephan Lauermann, Asher Wolinsky

062/2018	B02	Cheap Trade Credit and Competition in Downstream Markets	Mariassunta Giannetti, Nicolas Serrano-Velarde, Emanuele Tarantino

061/2018	C03	Model-based Evaluation of Cooling-Off Policies First version: December 2018	Christian Michel, André Stenzel

060/2018	B05	Distorted Input Ratios in Vertical Relationships	Martin Peitz, Dongsoo Shin

059/2018	A03	General Equilibrium Feedback Regarding the Employment Effects of Labor Taxes	Minchul Yum

058/2018	A02	Forensic Econometrics: Demand Estimation when Data are Missing	Julian Hidalgo, Michelle Sovinsky

057/2018	B02	Patent Pools, Vertical Integration, and Downstream Competition	Markus Reisinger, Emanuele Tarantino

056/2018	B02	The Effect of Horizontal Mergers, When Firms Compete in Prices and Investments	Massimo Motta, Emanuele Tarantino

055/2018	B01 B04	Steady States in Search-and-Matching Models	Stephan Lauermann, Georg Nöldeke, Thomas Tröger

054/2018	B01	Auctions vs. Negotiations: Optimal Selling Mechanism with Endogenous Bidder Values	Mengxi Zhang

053/2018	B07	Heterogeneous Impacts of Cost Shocks, Strategic Bidding and Pass-Through: Evidence from the New England Electricity Market	Harim Kim

052/2018	B07	Does Electrification Cause Industrial Development? Grid Expansion and Firm Turnover in Indonesia Second version: July 2019 First version: November 2018	Dana Kassem

051/2018	C02	Financial Dollarization in Emerging Markets: An Insurance Arrangement	Husnu C. Dalgic

050/2018	C01	Learning Spillovers in Conditional Welfare Programs: Evidence from Brazil	Fernanda Brollo, Katja Maria Kaufmann, Eliana La Ferrara

049/2018	B06	Trade and Domestic Policies in Models with Monopolistic Competition	Alessia Campolmi, Harald Fadinger, Chiara Forlati

048/2018	A03	Parental Time Investment and Intergenerational Mobility	Minchul Yum

047/2018	B04	Price Dispersion and Informational Frictions: Evidence from Supermarket Purchases	Pierre Dubois, Helena Perrone

046/2018	C03	Creditor Rights, Information Sharing, and Borrower Behavior: Theory and Evidence	John H. Boyd, Hendrik Hakenes, Amanda Heitz

045/2018	B02	Regulating Cancellation Rights with Consumer Experimentation	Florian Hoffmann, Roman Inderst, Sergey Turlo

044/2018	C04	Nowhere Else to Go: The Determinants of Bank-Firm Relationship Discontinuations after Bank Mergers	Oliver Rehbein, Santiago Carbo-Valverde

043/2018	C04	Flooded through the Back Door: Firm-Level Effects of Banks' Lending Shifts	Oliver Rehbein

042/2018	B05	You Are Judged by the Company You Keep: Reputation Leverage in Vertically Related Markets	Jay Pil Choi, Martin Peitz

041/2018	B02	Learning When to Quit: An Empirical Model of Experimentation in Standards Development	Bernhard Ganglmair, Timothy Simcoe, Emanuele Tarantino

040/2018	B02	Expectations of Reciprocity and Feedback when Competitors Share Information: Experimental Evidence	Bernhard Ganglmair, Alex Holcomb, Noah Myung

039/2018	B03	Merger Policy in a Quantitative Model of International Trade	Holger Breinlich, Volker Nocke, Nicolas Schutz

038/2018	B03	Internal versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy	Ben Mermelstein, Volker Nocke, Mark A. Satterthwaite, Michael D. Whinston

037/2018	B05	Striking a Balance of Power between the Court of Justice and the EU Legislature: The Law on Competition Damages Actions as a Paradigm	Jens-Uwe Franck

036/2018	C04	Banks' Trading after the Lehman Crisis - The Role of Unconventional Monetary Policy	Isabel Schnabel, Johannes Tischer

035/2018	B06	Trade in Tasks and the Organization of Firms	Dalia Marin, Jan Schymik, Alexander Tarasov

034/2018	B01	Buyer-Optimal Robust Information Structures	Stefan Terstiege, Cédric Wasser

033/2018	B02	Skewed Information Transmission	Francesc Dilmé

032/2018	B01	A Nazi "Killer" Amendment	Andreas Kleiner, Benny Moldovanu

031/2018	B01	A Theory of Auctions with Endogenous Valuations	Alex Gershkov, Benny Moldovanu, Philipp Strack

030/2018	B01	The Multiplier Effect in Two-Sided Markets with Bilateral Investments	Deniz Dizdar, Benny Moldovanu, Nora Szech

029/2018	B01	The Dimensions of Consensus	Alex Gershkov, Benny Moldovanu, Xianwen Shi

028/2018	B05	Managing Competition on a Two-Sided Platform	Paul Belleflamme, Martin Peitz

027/2018	B05	A Fresh Look at Zero-Rating	Jan Krämer, Martin Peitz

026/2018	B01	Dynamic Expert Incentives: Complementarity and Substitutability in Information Acquisition	Tsz-Ning Wong, Lily Ling Yang

025/2018	B01	Relevant Decision Problems and Value of Information	Lily Ling Yang

024/2018	B03	An Aggregative Games Approach to Merger Analysis in Multiproduct-Firm Oligopoly	Volker Nocke, Nicolas Schutz

023/2018	A01	Willingness to Take Risk: The Role of Risk Conception and Optimism	Thomas Dohmen, Simone Quercia, Jana Willrodt

022/2018	A01	Parental Involvement and the Intergenerational Transmission of Economic Preferences and Attitudes	Maria Zumbuehl, Thomas Dohmen, Gerard Pfann

021/2018	B05	Consumer Search with and without Tracking	Marcel Preuss

020/2018	B03	All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices	Joao Montez, Nicolas Schutz

019/2018	B01	Sweet Lemons: Mitigating Collusion in Organizations First version: May 2018	Colin von Negenborn, Martin Pollrich

018/2018	B06	Offshoring and Skill-Upgrading in French Manufacturing	Juan Carluccio, Alejandro Cuñat, Harald Fadinger, Christian Fons-Rosen

017/2018	B06	Come Together: Firm Boundaries and Delegation	Laura Alfaro, Nick Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew F. Newman, Raffaella Sadun, John Van Reenen

016/2018	C02	Leaning against Housing Prices as Robustly Optimal Monetary Policy	Klaus Adam, Michael Woodford

015/2018	A02	Locus of Control and Consistent Investment Choices	Pia Pinger, Sebastian Schäfer, Heiner Schumacher

014/2018	B03	Deception and Competition in Search Markets	Tobias Gamp, Daniel Krähmer

013/2018	A01 A02	The Formation of Prosociality: Causal Evidence on the Role of Social Environment	Fabian Kosse , Thomas Deckers, Pia Pinger, Hannah Schildberg-Hörisch, Armin Falk

012/2018	A01	Affirmative Action and Retaliation in Experimental Contests	Francesco Fallucchi, Simone Quercia

011/2018	B03	Full Surplus Extraction in Mechanism Design with Information Disclosure	Daniel Krähmer

010/2018	C02	Optimal Trend Inflation	Klaus Adam, Henning Weber

009/2018	B06	The Structure of Multinational Sales under Demand Risk	Francesco Paolo Conteduca, Ekaterina Kazakova

008/2018	B06	Serving Abroad: Export, M&A, and Greenfield Investment	Francesco Paolo Conteduca, Ekaterina Kazakova

007/2018	B05	Toward a Coherent Policy on Cartel Damages	Jens-Uwe Franck, Martin Peitz,

006/2018	A01	On the Relationship between Cognitive Ability and Risk Preference	Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde

005/2018	A01	Global Evidence on Economic Preferences	Armin Falk, Anke Becker, Thomas Dohmen, Benjamin Enke, David Huffman, Uwe Sunde

004/2018	B05	Inside the Engine Room of Digital Platforms: Reviews, Ratings, and Recommendations	Paul Belleflamme, Martin Peitz

003/2018	B01	Assigning an Unpleasant Task without Payment	Susanne Goldlücke, Thomas Tröger

002/2018	B01	Linear Voting Rules	Hans Peter Grüner, Thomas Tröger

001/2018	B05	Platform Competition: Who Benefits from Multihoming?	Paul Belleflamme, Martin Peitz

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