CRC Rationality & Competition
@rationalitycrc.bsky.social
Collaborative Research Center (CRC TRR 190) funded by the German Research Foundation; our focus is on competitive behavior by individuals and firms in cases where rationality may be limited.
Website: http://rationality-and-competition.de
Website: http://rationality-and-competition.de
How market design can fall short despite strategy-proofness: Our new experiment shows that underconfidence systematically induces significantly more instability (justified envy) than overconfidence in school choice.
190researchblog.subs...
190researchblog.subs...
November 15, 2025 at 12:00 PM
How market design can fall short despite strategy-proofness: Our new experiment shows that underconfidence systematically induces significantly more instability (justified envy) than overconfidence in school choice.
190researchblog.subs...
190researchblog.subs...
Is China a "Paper Tiger" when it comes to scientific quality? Our investigation into citation home bias reveals China exhibits the largest bias globally, demonstrating that its apparent rise in citation rankings is overstated.
190researchblog.subs...
190researchblog.subs...
November 12, 2025 at 12:00 PM
Is China a "Paper Tiger" when it comes to scientific quality? Our investigation into citation home bias reveals China exhibits the largest bias globally, demonstrating that its apparent rise in citation rankings is overstated.
190researchblog.subs...
190researchblog.subs...
How much does out-of-school learning influence foreign-language acquisition? Our new analysis shows that historical national decisions to subtitle imported TV content systematically result in a large positive effect on English-language skills.
open.substack.com/pu...
open.substack.com/pu...
November 11, 2025 at 12:00 PM
How much does out-of-school learning influence foreign-language acquisition? Our new analysis shows that historical national decisions to subtitle imported TV content systematically result in a large positive effect on English-language skills.
open.substack.com/pu...
open.substack.com/pu...
🚨CRC Discussion Paper 🚨
By @vojtabartos.bsky.social, @castrosilvia.bsky.social, @kczura.bsky.social, & Timm Opitz
Reveals gender bias in entrepreneurial finance, highlighting greater constraints faced by women in accessing funds crucial for business success. A 🧵
#EconSky 📉📈
1/3
By @vojtabartos.bsky.social, @castrosilvia.bsky.social, @kczura.bsky.social, & Timm Opitz
Reveals gender bias in entrepreneurial finance, highlighting greater constraints faced by women in accessing funds crucial for business success. A 🧵
#EconSky 📉📈
1/3
July 10, 2024 at 10:00 AM
🚨CRC Discussion Paper 🚨
By @vojtabartos.bsky.social, @castrosilvia.bsky.social, @kczura.bsky.social, & Timm Opitz
Reveals gender bias in entrepreneurial finance, highlighting greater constraints faced by women in accessing funds crucial for business success. A 🧵
#EconSky 📉📈
1/3
By @vojtabartos.bsky.social, @castrosilvia.bsky.social, @kczura.bsky.social, & Timm Opitz
Reveals gender bias in entrepreneurial finance, highlighting greater constraints faced by women in accessing funds crucial for business success. A 🧵
#EconSky 📉📈
1/3
Spring, sun, and beautiful Schwanenwerder. We welcome our members to the 14th CRC Retreat!
May 13, 2024 at 4:59 PM
Spring, sun, and beautiful Schwanenwerder. We welcome our members to the 14th CRC Retreat!
The political acceptability of carbon pricing largely depends on how ist revenues are used. In a new paper, Andrej Woerner, Taisuke Imai, Davide Pace, @klaus-m-schmidt.bsky.social delve into what makes the public more receptive to this environmental policy. 🌍 #EconSky
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April 26, 2024 at 7:00 PM
The political acceptability of carbon pricing largely depends on how ist revenues are used. In a new paper, Andrej Woerner, Taisuke Imai, Davide Pace, @klaus-m-schmidt.bsky.social delve into what makes the public more receptive to this environmental policy. 🌍 #EconSky
1/6
1/6
📢In a new CRC Discussion paper, @lergetporer.bsky.social, Katharina Wedel, & Katharina Werner study how beliefs about the automatability of workers’ occupation affect labor-market expectations and willingness to participate in further training.
#EconSky 📉📈
1/4
#EconSky 📉📈
1/4
April 24, 2024 at 7:00 AM
📢In a new CRC Discussion paper, @lergetporer.bsky.social, Katharina Wedel, & Katharina Werner study how beliefs about the automatability of workers’ occupation affect labor-market expectations and willingness to participate in further training.
#EconSky 📉📈
1/4
#EconSky 📉📈
1/4
📢 In a new research, Florian Englmaier, Michael Hofmann, & Stefanie Wolter study how firms adjust the bundles of management practices they adopt over time, using repeated survey data collected in Germany from 2012 to 2018.
#EconSky 📉📈
1/7
#EconSky 📉📈
1/7
April 22, 2024 at 7:00 AM
📢 In a new research, Florian Englmaier, Michael Hofmann, & Stefanie Wolter study how firms adjust the bundles of management practices they adopt over time, using repeated survey data collected in Germany from 2012 to 2018.
#EconSky 📉📈
1/7
#EconSky 📉📈
1/7
📢 In new research, Florian Englmaier, Matthias Fahn, @uglogowsky.bsky.social & @maalsc.bsky.social demonstrate that this pattern can result from employers exploiting naıve present-biased employees.
#EconSky 📉📈
2/6
#EconSky 📉📈
2/6
April 17, 2024 at 12:20 PM
📢 In new research, Florian Englmaier, Matthias Fahn, @uglogowsky.bsky.social & @maalsc.bsky.social demonstrate that this pattern can result from employers exploiting naıve present-biased employees.
#EconSky 📉📈
2/6
#EconSky 📉📈
2/6
🚨New CRC Discussion Paper🚨
Using a cheating game a novel study by Tobias Cagala @uglogowsky.bsky.social Johannes Rincke & Simeon Schudy found that no-cheating declarations (ethical or sanction-based) don't impact truth-telling, in both online & offline experiments.
#EconSky 📉📈
1/2
Using a cheating game a novel study by Tobias Cagala @uglogowsky.bsky.social Johannes Rincke & Simeon Schudy found that no-cheating declarations (ethical or sanction-based) don't impact truth-telling, in both online & offline experiments.
#EconSky 📉📈
1/2
March 8, 2024 at 8:00 AM
🚨New CRC Discussion Paper🚨
Using a cheating game a novel study by Tobias Cagala @uglogowsky.bsky.social Johannes Rincke & Simeon Schudy found that no-cheating declarations (ethical or sanction-based) don't impact truth-telling, in both online & offline experiments.
#EconSky 📉📈
1/2
Using a cheating game a novel study by Tobias Cagala @uglogowsky.bsky.social Johannes Rincke & Simeon Schudy found that no-cheating declarations (ethical or sanction-based) don't impact truth-telling, in both online & offline experiments.
#EconSky 📉📈
1/2
The influx of cheap oil in the 1960s reshaped the economic geography of Europe. Variation in educational attainment explains both, the failure of most coal regions to adjust to this "oil shock" but also the ability of some regions to reinvent themselves.
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March 6, 2024 at 8:00 AM
The influx of cheap oil in the 1960s reshaped the economic geography of Europe. Variation in educational attainment explains both, the failure of most coal regions to adjust to this "oil shock" but also the ability of some regions to reinvent themselves.
2/3
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📢New CRC Discussion Paper by Nikolaus Wolf with Miriam Fritzsche uses a new long-run panel data to analyze the effect of coal and oil on #economicgrowth between 1900-2015.
@humboldtuni.bsky.social #EconSky 📉📈
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@humboldtuni.bsky.social #EconSky 📉📈
1/3
March 6, 2024 at 8:00 AM
📢New CRC Discussion Paper by Nikolaus Wolf with Miriam Fritzsche uses a new long-run panel data to analyze the effect of coal and oil on #economicgrowth between 1900-2015.
@humboldtuni.bsky.social #EconSky 📉📈
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@humboldtuni.bsky.social #EconSky 📉📈
1/3
#Econsky 📈📉
Have you heard of Lab Squared — a hub for replications and meta-science based at WZB Berlin?
👉Well, now you have!
📢It aims to advance the frontiers of replication and meta-science!
1/4
Have you heard of Lab Squared — a hub for replications and meta-science based at WZB Berlin?
👉Well, now you have!
📢It aims to advance the frontiers of replication and meta-science!
1/4
March 5, 2024 at 9:31 AM
#Econsky 📈📉
Have you heard of Lab Squared — a hub for replications and meta-science based at WZB Berlin?
👉Well, now you have!
📢It aims to advance the frontiers of replication and meta-science!
1/4
Have you heard of Lab Squared — a hub for replications and meta-science based at WZB Berlin?
👉Well, now you have!
📢It aims to advance the frontiers of replication and meta-science!
1/4
📢 New CRC Discussion Paper #EconSky
Dirk Engelmann, Jana Friedrichsen, @roelonthehill.bsky.social, Pauline Vorjohann, Joachim Winter decompose trust into key components and find beliefs to be a main driver, and risk preference to be more relevant than social preferences. A 🧵
1/4
Dirk Engelmann, Jana Friedrichsen, @roelonthehill.bsky.social, Pauline Vorjohann, Joachim Winter decompose trust into key components and find beliefs to be a main driver, and risk preference to be more relevant than social preferences. A 🧵
1/4
February 14, 2024 at 8:00 AM
📢 New CRC Discussion Paper #EconSky
Dirk Engelmann, Jana Friedrichsen, @roelonthehill.bsky.social, Pauline Vorjohann, Joachim Winter decompose trust into key components and find beliefs to be a main driver, and risk preference to be more relevant than social preferences. A 🧵
1/4
Dirk Engelmann, Jana Friedrichsen, @roelonthehill.bsky.social, Pauline Vorjohann, Joachim Winter decompose trust into key components and find beliefs to be a main driver, and risk preference to be more relevant than social preferences. A 🧵
1/4
The paper also provides:
➡️a concise literature review of adaptive CBC designs (incl. impact factors)
➡️open access to all data sets and R/Stan code
➡️a detailed discussion of the relative merits of different mechanisms to incentive-align (A)CBC
[4/5]
➡️a concise literature review of adaptive CBC designs (incl. impact factors)
➡️open access to all data sets and R/Stan code
➡️a detailed discussion of the relative merits of different mechanisms to incentive-align (A)CBC
[4/5]
January 26, 2024 at 2:21 PM
The paper also provides:
➡️a concise literature review of adaptive CBC designs (incl. impact factors)
➡️open access to all data sets and R/Stan code
➡️a detailed discussion of the relative merits of different mechanisms to incentive-align (A)CBC
[4/5]
➡️a concise literature review of adaptive CBC designs (incl. impact factors)
➡️open access to all data sets and R/Stan code
➡️a detailed discussion of the relative merits of different mechanisms to incentive-align (A)CBC
[4/5]
Incentive-aligned ACBC also leads to
➡️lower reservation prices
➡️higher price elasticities (in 1 of 4 studies)
➡️higher no-purchase utilities
➡️more deliberation & higher study enjoyment, but longer study times
➡️better predictions the more you ask (not true for other methods)
[3/5]
➡️lower reservation prices
➡️higher price elasticities (in 1 of 4 studies)
➡️higher no-purchase utilities
➡️more deliberation & higher study enjoyment, but longer study times
➡️better predictions the more you ask (not true for other methods)
[3/5]
January 26, 2024 at 2:20 PM
Incentive-aligned ACBC also leads to
➡️lower reservation prices
➡️higher price elasticities (in 1 of 4 studies)
➡️higher no-purchase utilities
➡️more deliberation & higher study enjoyment, but longer study times
➡️better predictions the more you ask (not true for other methods)
[3/5]
➡️lower reservation prices
➡️higher price elasticities (in 1 of 4 studies)
➡️higher no-purchase utilities
➡️more deliberation & higher study enjoyment, but longer study times
➡️better predictions the more you ask (not true for other methods)
[3/5]
4 conjoint experiments (n=1,150) on diverse products (from pizza to fitness trackers) show that …
➡️adaptive and incentive-aligned CBC each improve predictions over static/hypothetical CBC and
➡️combining both principles achieves the best predictions
[2/5]
➡️adaptive and incentive-aligned CBC each improve predictions over static/hypothetical CBC and
➡️combining both principles achieves the best predictions
[2/5]
January 26, 2024 at 2:20 PM
4 conjoint experiments (n=1,150) on diverse products (from pizza to fitness trackers) show that …
➡️adaptive and incentive-aligned CBC each improve predictions over static/hypothetical CBC and
➡️combining both principles achieves the best predictions
[2/5]
➡️adaptive and incentive-aligned CBC each improve predictions over static/hypothetical CBC and
➡️combining both principles achieves the best predictions
[2/5]
Should you opt for incentive alignment & adaptive designs in your choice-based conjoint study?
Verena Sablotny-Wackershauser @marcellichters.bsky.social @dhguhl.bsky.social Paul Bengart & Bodo Vogt find in their recent JAMS publication that you should!
👉 shorturl.at/gAJQ0
#MarketingSky 📉📈
[1/5]
Verena Sablotny-Wackershauser @marcellichters.bsky.social @dhguhl.bsky.social Paul Bengart & Bodo Vogt find in their recent JAMS publication that you should!
👉 shorturl.at/gAJQ0
#MarketingSky 📉📈
[1/5]
January 26, 2024 at 2:19 PM
Should you opt for incentive alignment & adaptive designs in your choice-based conjoint study?
Verena Sablotny-Wackershauser @marcellichters.bsky.social @dhguhl.bsky.social Paul Bengart & Bodo Vogt find in their recent JAMS publication that you should!
👉 shorturl.at/gAJQ0
#MarketingSky 📉📈
[1/5]
Verena Sablotny-Wackershauser @marcellichters.bsky.social @dhguhl.bsky.social Paul Bengart & Bodo Vogt find in their recent JAMS publication that you should!
👉 shorturl.at/gAJQ0
#MarketingSky 📉📈
[1/5]
They use Natural Language Processing, namely domain-specific #BERT, to encode all patents and all publications and produce similarity scores for any given pair. The software system is constantly updated with the latest patents and scientific publications. [2/4]
December 20, 2023 at 8:35 AM
They use Natural Language Processing, namely domain-specific #BERT, to encode all patents and all publications and produce similarity scores for any given pair. The software system is constantly updated with the latest patents and scientific publications. [2/4]
Bismarck introduced the welfare state to reduce the support for the socialists. So, who did benefit in elections – Bismarck’s conservative government or the socialists?
The results based on a difference-in-differences framework show it were the socialists. [2/4]
The results based on a difference-in-differences framework show it were the socialists. [2/4]
December 7, 2023 at 11:57 AM
Bismarck introduced the welfare state to reduce the support for the socialists. So, who did benefit in elections – Bismarck’s conservative government or the socialists?
The results based on a difference-in-differences framework show it were the socialists. [2/4]
The results based on a difference-in-differences framework show it were the socialists. [2/4]
A millionaires' dataset suggests heterogeneity in rates of return on capital as mechanism: Higher RoR and scale economies in the new industrial sector. Incorporating a two-sector structure in an OLG model confirms the importance of RoR channels as mechanisms.
[3/3]
[3/3]
November 28, 2023 at 3:21 PM
A millionaires' dataset suggests heterogeneity in rates of return on capital as mechanism: Higher RoR and scale economies in the new industrial sector. Incorporating a two-sector structure in an OLG model confirms the importance of RoR channels as mechanisms.
[3/3]
[3/3]
The authors find a strong positive impact of industrialization on the top 1%-share and tail fatness leveraging county-level data for Prussia and an IV-approach.
[2/3]
[2/3]
November 28, 2023 at 3:21 PM
The authors find a strong positive impact of industrialization on the top 1%-share and tail fatness leveraging county-level data for Prussia and an IV-approach.
[2/3]
[2/3]
🚨New CRC Discussion Paper 🚨
Why does it take a crisis to implement change? @klaus-m-schmidt.bsky.social and Jonas von Wangenheim explain this and many other phenomena related to organizational change using a model with reference-dependent preferences. [1/2]
#EconSky 📉📈
Why does it take a crisis to implement change? @klaus-m-schmidt.bsky.social and Jonas von Wangenheim explain this and many other phenomena related to organizational change using a model with reference-dependent preferences. [1/2]
#EconSky 📉📈
November 3, 2023 at 1:48 PM
🚨New CRC Discussion Paper 🚨
Why does it take a crisis to implement change? @klaus-m-schmidt.bsky.social and Jonas von Wangenheim explain this and many other phenomena related to organizational change using a model with reference-dependent preferences. [1/2]
#EconSky 📉📈
Why does it take a crisis to implement change? @klaus-m-schmidt.bsky.social and Jonas von Wangenheim explain this and many other phenomena related to organizational change using a model with reference-dependent preferences. [1/2]
#EconSky 📉📈
🚨New CRC Discussion Paper Alert 🚨
Can patience account for subnational differences in student achievement? Regional analysis with Facebook interests indicates YES.
by @woessmann.bsky.social w/ Eric Hanushek, Lavinia Kinne, & Pietro Sancassani
More details in a 🧵… #EconSky 📉📈
[1/8]
Can patience account for subnational differences in student achievement? Regional analysis with Facebook interests indicates YES.
by @woessmann.bsky.social w/ Eric Hanushek, Lavinia Kinne, & Pietro Sancassani
More details in a 🧵… #EconSky 📉📈
[1/8]
November 1, 2023 at 1:27 PM
🚨New CRC Discussion Paper Alert 🚨
Can patience account for subnational differences in student achievement? Regional analysis with Facebook interests indicates YES.
by @woessmann.bsky.social w/ Eric Hanushek, Lavinia Kinne, & Pietro Sancassani
More details in a 🧵… #EconSky 📉📈
[1/8]
Can patience account for subnational differences in student achievement? Regional analysis with Facebook interests indicates YES.
by @woessmann.bsky.social w/ Eric Hanushek, Lavinia Kinne, & Pietro Sancassani
More details in a 🧵… #EconSky 📉📈
[1/8]