Manuel Foerster
@manuelfoerster.bsky.social
Assistant Professor for Microeconomics at the Center for Mathematical Economics at Bielefeld University | applied microeconomic theory and game theory
Website: https://sites.google.com/site/sitemanuelfoerster
Website: https://sites.google.com/site/sitemanuelfoerster
Pinned
Authority, Communication, and Internal Markets
We revisit the trade-off between keeping authority and granting decision-rights to an informed agent. We introduce transfers, allowing the agent to charge a fee
dx.doi.org
Very happy to share my NEW WP "Authority, communication, and internal markets", joint w/ Daniel Habermacher. We revisit the trade-off between keeping and delegating authority, and show how introducing transfers may improve efficiency:
dx.doi.org/10.2139/ssrn...
#EconSky #formaltheory
dx.doi.org/10.2139/ssrn...
#EconSky #formaltheory
Reposted by Manuel Foerster
Gratulation an Joel Mokyr, Philippe Aghion und Peter Howitt zum diesjährigen #Nobelpreis in den Wirtschaftswissenschaften. Sehr verdient. Die Kombination der Personen war für mich etwas überraschend, aber alle drei sind langjährige Kandidaten (insofern war Aghion nicht ganz
October 13, 2025 at 10:38 AM
Gratulation an Joel Mokyr, Philippe Aghion und Peter Howitt zum diesjährigen #Nobelpreis in den Wirtschaftswissenschaften. Sehr verdient. Die Kombination der Personen war für mich etwas überraschend, aber alle drei sind langjährige Kandidaten (insofern war Aghion nicht ganz
Very happy to share my NEW WP "A dynamic model of authority in organizations", joint w/ my PhD student @bingbingli.bsky.social. We investigate repeated delegation of a decision to an agent with uncertain preferences:
pub.uni-bielefeld.de/record/3007127
#EconSky #formaltheory
pub.uni-bielefeld.de/record/3007127
#EconSky #formaltheory
A dynamic model of authority in organizations
pub.uni-bielefeld.de
October 1, 2025 at 10:36 AM
Very happy to share my NEW WP "A dynamic model of authority in organizations", joint w/ my PhD student @bingbingli.bsky.social. We investigate repeated delegation of a decision to an agent with uncertain preferences:
pub.uni-bielefeld.de/record/3007127
#EconSky #formaltheory
pub.uni-bielefeld.de/record/3007127
#EconSky #formaltheory
Reposted by Manuel Foerster
📢 Our VfS chair Klaus M. Schmidt is opening this year’s VfS Annual Conference at the University of Cologne. A warm welcome to all participants – we're excited to kick things off!
@WiSoKöln @UniKöln
#VfS_Conf2025 #EconomicsConference #Welcome
#IndustrialPolicy #EUEconomy #CleanIndustrialDeal
@WiSoKöln @UniKöln
#VfS_Conf2025 #EconomicsConference #Welcome
#IndustrialPolicy #EUEconomy #CleanIndustrialDeal
September 15, 2025 at 9:22 AM
📢 Our VfS chair Klaus M. Schmidt is opening this year’s VfS Annual Conference at the University of Cologne. A warm welcome to all participants – we're excited to kick things off!
@WiSoKöln @UniKöln
#VfS_Conf2025 #EconomicsConference #Welcome
#IndustrialPolicy #EUEconomy #CleanIndustrialDeal
@WiSoKöln @UniKöln
#VfS_Conf2025 #EconomicsConference #Welcome
#IndustrialPolicy #EUEconomy #CleanIndustrialDeal
📢 We are hiring! 📢
The Center for Mathematical Economics (IMW) at Universität Bielefeld is offering a postdoctoral position allocated to the Research Training Group 2865 'Coping with Uncertainty in Dynamic Economies' (CUDE). Applications can be submitted until November 15, 2025.
The Center for Mathematical Economics (IMW) at Universität Bielefeld is offering a postdoctoral position allocated to the Research Training Group 2865 'Coping with Uncertainty in Dynamic Economies' (CUDE). Applications can be submitted until November 15, 2025.
September 8, 2025 at 11:13 AM
📢 We are hiring! 📢
The Center for Mathematical Economics (IMW) at Universität Bielefeld is offering a postdoctoral position allocated to the Research Training Group 2865 'Coping with Uncertainty in Dynamic Economies' (CUDE). Applications can be submitted until November 15, 2025.
The Center for Mathematical Economics (IMW) at Universität Bielefeld is offering a postdoctoral position allocated to the Research Training Group 2865 'Coping with Uncertainty in Dynamic Economies' (CUDE). Applications can be submitted until November 15, 2025.
Reposted by Manuel Foerster
I've been working on a new tool, Refine, to make scholars more productive. If you're interested in being among the very first to try the beta, please read on.
Refine leverages the best current AI models to draw your attention to potential errors and clarity issues in research paper drafts.
1/
Refine leverages the best current AI models to draw your attention to potential errors and clarity issues in research paper drafts.
1/
July 24, 2025 at 3:24 AM
I've been working on a new tool, Refine, to make scholars more productive. If you're interested in being among the very first to try the beta, please read on.
Refine leverages the best current AI models to draw your attention to potential errors and clarity issues in research paper drafts.
1/
Refine leverages the best current AI models to draw your attention to potential errors and clarity issues in research paper drafts.
1/
Reposted by Manuel Foerster
He's right, and it's not just Brazil.
Around the world, at least 31 democratic leaders who committed similar crimes have been jailed or banned from office since 2010. The failure to hold Trump accountable in the US was a unique and systemic failure of our institutions and political culture.
Around the world, at least 31 democratic leaders who committed similar crimes have been jailed or banned from office since 2010. The failure to hold Trump accountable in the US was a unique and systemic failure of our institutions and political culture.
July 20, 2025 at 7:26 PM
He's right, and it's not just Brazil.
Around the world, at least 31 democratic leaders who committed similar crimes have been jailed or banned from office since 2010. The failure to hold Trump accountable in the US was a unique and systemic failure of our institutions and political culture.
Around the world, at least 31 democratic leaders who committed similar crimes have been jailed or banned from office since 2010. The failure to hold Trump accountable in the US was a unique and systemic failure of our institutions and political culture.
Reposted by Manuel Foerster
❓Why do the Nordics & Dutch speak English so much better than the Germans, Italians & French?
➡️ New Working Paper:
Out-of-School Learning: Subtitling vs. Dubbing and the Acquisition of Foreign-Language Skills
w/ F. Baumeister & E. Hanushek
www.nber.org/papers/w33984
A 🧵 1/12
➡️ New Working Paper:
Out-of-School Learning: Subtitling vs. Dubbing and the Acquisition of Foreign-Language Skills
w/ F. Baumeister & E. Hanushek
www.nber.org/papers/w33984
A 🧵 1/12
July 7, 2025 at 6:33 AM
❓Why do the Nordics & Dutch speak English so much better than the Germans, Italians & French?
➡️ New Working Paper:
Out-of-School Learning: Subtitling vs. Dubbing and the Acquisition of Foreign-Language Skills
w/ F. Baumeister & E. Hanushek
www.nber.org/papers/w33984
A 🧵 1/12
➡️ New Working Paper:
Out-of-School Learning: Subtitling vs. Dubbing and the Acquisition of Foreign-Language Skills
w/ F. Baumeister & E. Hanushek
www.nber.org/papers/w33984
A 🧵 1/12
Very happy to share my NEW WP "Sequential Information Selling: Perfect Price Discrimination and the Role of Encryption", joint w/ Fynn Louis Närmann.
pub.uni-bielefeld.de/download/300...
#EconSky #formaltheory
pub.uni-bielefeld.de/download/300...
#EconSky #formaltheory
pub.uni-bielefeld.de
July 4, 2025 at 9:16 AM
Very happy to share my NEW WP "Sequential Information Selling: Perfect Price Discrimination and the Role of Encryption", joint w/ Fynn Louis Närmann.
pub.uni-bielefeld.de/download/300...
#EconSky #formaltheory
pub.uni-bielefeld.de/download/300...
#EconSky #formaltheory
📢 Call for Papers: 20th BiGSEM Doctoral Workshop 📢
An excellent platform for doctoral students to present and discuss their research: The 20th edition of the BiGSEM Doctoral Workshop, organized by the Bielefeld Graduate School of Economics and Management (BiGSEM),
An excellent platform for doctoral students to present and discuss their research: The 20th edition of the BiGSEM Doctoral Workshop, organized by the Bielefeld Graduate School of Economics and Management (BiGSEM),
May 27, 2025 at 9:13 AM
📢 Call for Papers: 20th BiGSEM Doctoral Workshop 📢
An excellent platform for doctoral students to present and discuss their research: The 20th edition of the BiGSEM Doctoral Workshop, organized by the Bielefeld Graduate School of Economics and Management (BiGSEM),
An excellent platform for doctoral students to present and discuss their research: The 20th edition of the BiGSEM Doctoral Workshop, organized by the Bielefeld Graduate School of Economics and Management (BiGSEM),
📢 Hot off the press: 📢
Recently published in @jpube.bsky.social:
"Policy-advising competition and endogenous lobbies"
By @manuelfoerster.bsky.social & Daniel Habermacher
www.sciencedirect.com/science/arti...
#econsky
"Policy-advising competition and endogenous lobbies"
By @manuelfoerster.bsky.social & Daniel Habermacher
www.sciencedirect.com/science/arti...
#econsky
May 27, 2025 at 6:08 AM
📢 Hot off the press: 📢
Reposted by Manuel Foerster
The US does not stand for freedom and democracy any more, but is sliding fast into tyranny. Harvard is punished for standing up to this.
If you’re in the US and not doing something now, soon you will be unable to do anything.
We know this from experience here in Germany.
If you’re in the US and not doing something now, soon you will be unable to do anything.
We know this from experience here in Germany.
Trump just revoked the ability for foreign students to enroll at Harvard. Every foreign student, which is in the thousands, enrolled for next year at Harvard will not be able to continue studying if this isn't challenged in court.
www.nytimes.com/2025/05/22/u...
www.nytimes.com/2025/05/22/u...
Trump Administration Halts Harvard’s Ability to Enroll International Students
www.nytimes.com
May 23, 2025 at 4:59 AM
The US does not stand for freedom and democracy any more, but is sliding fast into tyranny. Harvard is punished for standing up to this.
If you’re in the US and not doing something now, soon you will be unable to do anything.
We know this from experience here in Germany.
If you’re in the US and not doing something now, soon you will be unable to do anything.
We know this from experience here in Germany.
Reposted by Manuel Foerster
This is an incredibly important paper.
If you're an antitrust scholar and you're getting paid hundreds of thousands of dollars by a dominant monopolist as expert witness in a lawsuit that's in your research area, shouldn't you disclose that work on your CV?
www.nber.org/papers/w3364...
If you're an antitrust scholar and you're getting paid hundreds of thousands of dollars by a dominant monopolist as expert witness in a lawsuit that's in your research area, shouldn't you disclose that work on your CV?
www.nber.org/papers/w3364...
The Conflict-of-Interest Discount in the Marketplace of Ideas
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
May 6, 2025 at 4:26 PM
This is an incredibly important paper.
If you're an antitrust scholar and you're getting paid hundreds of thousands of dollars by a dominant monopolist as expert witness in a lawsuit that's in your research area, shouldn't you disclose that work on your CV?
www.nber.org/papers/w3364...
If you're an antitrust scholar and you're getting paid hundreds of thousands of dollars by a dominant monopolist as expert witness in a lawsuit that's in your research area, shouldn't you disclose that work on your CV?
www.nber.org/papers/w3364...
Very happy to share my NEW WP "Authority, communication, and internal markets", joint w/ Daniel Habermacher. We revisit the trade-off between keeping and delegating authority, and show how introducing transfers may improve efficiency:
dx.doi.org/10.2139/ssrn...
#EconSky #formaltheory
dx.doi.org/10.2139/ssrn...
#EconSky #formaltheory
Authority, Communication, and Internal Markets
We revisit the trade-off between keeping authority and granting decision-rights to an informed agent. We introduce transfers, allowing the agent to charge a fee
dx.doi.org
May 2, 2025 at 7:14 AM
Very happy to share my NEW WP "Authority, communication, and internal markets", joint w/ Daniel Habermacher. We revisit the trade-off between keeping and delegating authority, and show how introducing transfers may improve efficiency:
dx.doi.org/10.2139/ssrn...
#EconSky #formaltheory
dx.doi.org/10.2139/ssrn...
#EconSky #formaltheory
Reposted by Manuel Foerster
@jacobedenhofer.bsky.social wrote another impressive thread, on dealing with the AfD. It contains lots of evidence that we _should_ learn from the past.
Some thoughts on the strategic rationale behind the "Brandmauer” – the cordon sanitaire vis-à-vis the AfD – and the challenges associated with maintaining it. Seems pertinent, given that senior CDU/CSU figures regularly float the idea of ditching it and exploring avenues for closer cooperation.
April 17, 2025 at 9:32 AM
@jacobedenhofer.bsky.social wrote another impressive thread, on dealing with the AfD. It contains lots of evidence that we _should_ learn from the past.
Reposted by Manuel Foerster
Das Rätsel ist gelöst. Das prozentuelle Handelsbilanzdefizit bildet die Basis für die Zollberechnung.
April 3, 2025 at 5:22 AM
Das Rätsel ist gelöst. Das prozentuelle Handelsbilanzdefizit bildet die Basis für die Zollberechnung.
Reposted by Manuel Foerster
Minor point but:
Within the US, there has a debate for years about where to host conferences because of local policies, usually targeting red states.
International conference hosts will be getting more and more pressure from attendees to not hold events in any part of the US due to safety concerns.
Within the US, there has a debate for years about where to host conferences because of local policies, usually targeting red states.
International conference hosts will be getting more and more pressure from attendees to not hold events in any part of the US due to safety concerns.
March 13, 2025 at 3:05 PM
Minor point but:
Within the US, there has a debate for years about where to host conferences because of local policies, usually targeting red states.
International conference hosts will be getting more and more pressure from attendees to not hold events in any part of the US due to safety concerns.
Within the US, there has a debate for years about where to host conferences because of local policies, usually targeting red states.
International conference hosts will be getting more and more pressure from attendees to not hold events in any part of the US due to safety concerns.
📣 Call of Applications - #CUDE Summer School 📣
The Research Training Group #CUDE at Bielefeld University is organizing a Summer School on “Managing Uncertainty in Climate Economics“ from July 7 to 11, 2025.
The Research Training Group #CUDE at Bielefeld University is organizing a Summer School on “Managing Uncertainty in Climate Economics“ from July 7 to 11, 2025.
July 07- 11, 2025
The Summer School consists of four courses presenting recent aspects of managing climate uncertainty. A selected number of short presentations held by the students are also planned.
The Summer Schoo...
sites.google.com
March 11, 2025 at 12:25 PM
Reposted by Manuel Foerster
We’re happy to host the 1st European Economic Theory Conference in Bonn next fall! Submissions in all areas of economic theory are welcome.
February 21, 2025 at 10:26 AM
We’re happy to host the 1st European Economic Theory Conference in Bonn next fall! Submissions in all areas of economic theory are welcome.
We are hiring: 10 doctoral positions within the Research Training Group 'Coping with Uncertainty in Dynamic Economies' (CUDE). Application deadline: February 15, 2025.
#EconSky #PhDposition
jobs.uni-bielefeld.de/job/view/388...
#EconSky #PhDposition
jobs.uni-bielefeld.de/job/view/388...
Research Positions in the Research Training Group
The Center for Mathematical Economics (IMW) at Bielefeld University is offering 10 doctoral positions which are allocated to the Research Training Gro...
jobs.uni-bielefeld.de
January 7, 2025 at 9:17 AM
We are hiring: 10 doctoral positions within the Research Training Group 'Coping with Uncertainty in Dynamic Economies' (CUDE). Application deadline: February 15, 2025.
#EconSky #PhDposition
jobs.uni-bielefeld.de/job/view/388...
#EconSky #PhDposition
jobs.uni-bielefeld.de/job/view/388...
Reposted by Manuel Foerster
Just published on APSR First View: "The Free Movement of People and the Success of Far-Right Parties: Evidence from Switzerland’s Border Liberalization" by Ala Alrababah, Andreas Beerli, Dominik Hangartner, and Dalston Ward. www.cambridge.org/core/journal...
December 4, 2024 at 3:41 PM
Just published on APSR First View: "The Free Movement of People and the Success of Far-Right Parties: Evidence from Switzerland’s Border Liberalization" by Ala Alrababah, Andreas Beerli, Dominik Hangartner, and Dalston Ward. www.cambridge.org/core/journal...
Great thread.
I like Ryan’s paper and (obviously) I think complexity matters for behavior.
But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.
But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.
Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk.
They also arise in perfectly deterministic settings.
Lead article in the latest AER issue:
www.aeaweb.org/articles?id=...
November 29, 2024 at 7:56 AM
Great thread.
Gerrit Bauch‘s and my recent work on "Strategic communication of narratives" has been featured by Bielefeld University‘s research_tv:
youtu.be/f42GNrIA1fY
#EconSky
youtu.be/f42GNrIA1fY
#EconSky
Dealing with narratives in uncertain times - research_tv Universität Bielefeld
YouTube video by Bielefeld University
youtu.be
November 20, 2024 at 11:52 AM
Gerrit Bauch‘s and my recent work on "Strategic communication of narratives" has been featured by Bielefeld University‘s research_tv:
youtu.be/f42GNrIA1fY
#EconSky
youtu.be/f42GNrIA1fY
#EconSky
Reposted by Manuel Foerster
#Econsky is further picking up steam. Time for the German-speaking world to catch up🇨🇭🇦🇹 🇩🇪
So here's a starter pack with 100+ active German (-speaking) profiles.
go.bsky.app/JjMC8UM
Missing someone? Pls get in touch!
PS: Bluesky wont throw random content at you -> important to follow many accounts.
So here's a starter pack with 100+ active German (-speaking) profiles.
go.bsky.app/JjMC8UM
Missing someone? Pls get in touch!
PS: Bluesky wont throw random content at you -> important to follow many accounts.
October 23, 2024 at 2:21 PM
#Econsky is further picking up steam. Time for the German-speaking world to catch up🇨🇭🇦🇹 🇩🇪
So here's a starter pack with 100+ active German (-speaking) profiles.
go.bsky.app/JjMC8UM
Missing someone? Pls get in touch!
PS: Bluesky wont throw random content at you -> important to follow many accounts.
So here's a starter pack with 100+ active German (-speaking) profiles.
go.bsky.app/JjMC8UM
Missing someone? Pls get in touch!
PS: Bluesky wont throw random content at you -> important to follow many accounts.
Reposted by Manuel Foerster
November 15, 2024 at 12:46 PM
Reposted by Manuel Foerster
Good folks of #EconSky, you want to have a look at this tool to find people to follow
There’s approximately ~40 econ focused starter packs already, and I expect more to come
There’s approximately ~40 econ focused starter packs already, and I expect more to come
For everyone looking for people to follow, this directory of starter packs looks invaluable blueskydirectory.com/starter-pack...
All - Bluesky Directory
A curated collection of all things relating to the Blue Sky social media platform.
blueskydirectory.com
November 7, 2024 at 11:04 PM
Good folks of #EconSky, you want to have a look at this tool to find people to follow
There’s approximately ~40 econ focused starter packs already, and I expect more to come
There’s approximately ~40 econ focused starter packs already, and I expect more to come