• Ambiguity and Investor Behavior 

      Kostopoulos, Dimitrios; Meyer, Steffen; Uhr, Charline (2020-11-24)
      We relate time-varying aggregate ambiguity (V-VSTOXX) to individual investor trading. We use the trading records of more than 100,000 individual investors from a large German online brokerage from March 2010 to December ...
    • Can Firms see into the Future? Survey evidence from Germany 

      Massenot, Baptiste; Pettinicchi, Yuri (2017-11-03)
      This paper presents new evidence on the expectation formation process of firms from a survey of the German manufacturing sector. It focuses on the expectation about their future business conditions, which enters the widely ...
    • Incentives, self-selection, and coordination of motivated agents for the production of social goods 

      Bauer, Kevin; Kosfeld, Michael; von Siemens, Ferdinand (2021-07-24)
      We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate ...