@article{80, abstract = {{Models on network formation have often been extended to include the potential of network disruption in recent years. Whereas the theoretical research on network formation under the threat of disruption has thus gained prominence, hardly any experimental research exists so far. In this paper, we therefore experimentally study the emergence of networks including the aspect of a known external threat by relating theoretical predictions by Dzuibiński and Goyal (2013) to actual observed behaviour. We deal with the question if subjects in the role of a strategic Designer are able to form safe networks for least costs while facing a strategic Adversary who is going to attack their networks. Varying the costs for protecting nodes, we designed and tested two treatments with different predictions for the equilibrium network and investigated whether one of the least cost equilibrium networks was more likely to be reached. Furthermore, the influence of the subjects’ farsightedness on their decision-making process was elicited and analysed. We find that while subjects are able to build safe networks in both treatments, equilibrium networks are only built in one of the two treatments. In the other treatment, predominantly safe networks are built but they are not for least costs. Additionally, we find that farsightedness –as measured in our experiment– has no influence on whether subjects are able to build safe or least cost equilibrium networks. Two robustness settings with a reduced external threat or more liberties to modify the initial networks qualitatively confirm our results. Overall, in this experiment observed behaviour is only partially in line with the theoretical predictions by Dzuibiński and Goyal (2013).}}, author = {{Endres, Angelika Elfriede and Recker, Sonja and Mir Djawadi, Behnud and Hoyer, Britta}}, journal = {{Journal of Economic Behavior and Organization }}, pages = {{708--734}}, title = {{{Network Formation and Disruption - An Experiment: Are equilibrium networks too complex?}}}, doi = {{10.1016/j.jebo.2018.11.004}}, volume = {{157}}, year = {{2019}}, } @article{9920, author = {{Fritz, Marlon and Gries, Thomas and Feng, Yuanhua}}, issn = {{0165-1765}}, journal = {{Economics Letters}}, pages = {{47--50}}, title = {{{Secular stagnation? Is there statistical evidence of an unprecedented, systematic decline in growth?}}}, doi = {{10.1016/j.econlet.2019.04.021}}, volume = {{181}}, year = {{2019}}, } @article{6734, author = {{Gries, Thomas and Fritz, Marlon and Yuanhua, Feng}}, journal = {{Oxford Bulletin of Economics and Statistics}}, number = {{1}}, pages = {{62--78}}, title = {{{Growth Trends and Systematic Patterns of Boom and Busts –Testing 200 Years of Business Cycle Dynamics}}}, doi = {{10.1111/obes.12267}}, volume = {{81}}, year = {{2019}}, } @article{10090, author = {{Gries, Thomas}}, issn = {{0569-4345}}, journal = {{The American Economist}}, title = {{{A New Theory of Demand-Restricted Growth: The Basic Idea}}}, doi = {{10.1177/0569434519846477}}, year = {{2019}}, } @article{15075, author = {{Bünnings, Christian and Schmitz, Hendrik and Tauchmann, Harald and Ziebarth, Nicolas R.}}, issn = {{0022-4367}}, journal = {{Journal of Risk and Insurance}}, number = {{2}}, pages = {{415--449}}, title = {{{The Role of Prices Relative to Supplemental Benefits and Service Quality in Health Plan Choice}}}, doi = {{10.1111/jori.12219}}, volume = {{86}}, year = {{2019}}, } @article{2727, author = {{Gries, Thomas and Redlin, Margarete}}, issn = {{1024-2694}}, journal = {{Defence and Peace Economics}}, number = {{3}}, pages = {{309--323}}, publisher = {{Informa UK Limited}}, title = {{{Pirates – The Young and the Jobless: The Effect of Youth Bulges and Youth Labor Market Integration on Maritime Piracy}}}, doi = {{10.1080/10242694.2017.1333797}}, volume = {{30}}, year = {{2019}}, } @article{2814, author = {{Gries, Thomas and Grundmann, Rainer}}, journal = {{Journal of International Development}}, number = {{3}}, pages = {{493--506}}, title = {{{Fertility and Modernization: The Role of Urbanization in Developing Countries}}}, doi = {{10.1002/jid.3104}}, volume = {{30}}, year = {{2018}}, } @article{4564, abstract = {{ In our model two divisions negotiate over type-dependent contracts to determine an intrafirm transfer price for an intermediate product. Since the upstream division's (seller's) costs and downstream division's (buyer's) revenues are supposed to be private information, we formally consider cooperative bargaining problems under incomplete information. This means that the two divisions consider allocations of expected utility generated by mechanisms that satisfy (interim) individual rationality, incentive compatibility and/or ex post efficiency. Assuming two possible types for buyer and seller each, we first establish that the bargaining problem is regular, regardless whether or not incentive and/or efficiency constraints are imposed. This allows us to apply the generalized Nash bargaining solution to determine fair transfer payments and transfer quantities. In particular, the generalized Nash bargaining solution tries to balance divisional profits, while incentive constraints are still in place. In that sense a fair profit division is generated. Furthermore, by means of illustrative examples we derive general properties of this solution for the transfer pricing problem and compare the model developed here with the models existing in the literature. We demonstrate that there is a tradeoff between ex post efficiency and fairness. }}, author = {{Haake, Claus-Jochen and Recker, Sonja}}, journal = {{Group Decision and Negotiation}}, number = {{6}}, pages = {{905--932}}, publisher = {{Springer}}, title = {{{The Generalized Nash Bargaining Solution for Transfer Price Negotiations under Incomplete Information}}}, doi = {{10.1007/s10726-018-9592-8}}, volume = {{27}}, year = {{2018}}, } @article{4982, author = {{Hoyer, Britta and Rosenkranz, Stephanie}}, journal = {{Games}}, number = {{4}}, publisher = {{MDPI}}, title = {{{ Determinants of Equilibrium Selection in Network Formation - An Experiment}}}, volume = {{9}}, year = {{2018}}, } @article{5330, abstract = {{In Internet transactions, customers and service providers often interact once and anonymously. To prevent deceptive behavior a reputation system is particularly important to reduce information asymmetries about the quality of the offered product or service. In this study we examine the effectiveness of a reputation system to reduce information asymmetries when customers may make mistakes in judging the provided service quality. In our model, a service provider makes strategic quality choices and short-lived customers are asked to evaluate the observed quality by providing ratings to a reputation system. The customer is not able to always evaluate the service quality correctly and possibly submits an erroneous rating according to a predefined probability. Considering reputation profiles of the last three sales, within the theoretical model we derive that the service provider’s dichotomous quality decisions are independent of the reputation profile and depend only on the probabilities of receiving positive and negative ratings when providing low or high quality. Thus, a service provider optimally either maintains a good reputation or completely refrains from any reputation building process. However, when mapping our theoretical model to an experimental design we find that a significant share of subjects in the role of the service provider deviates from optimal behavior and chooses actions which are conditional on the current reputation profile. With respect to these individual quality choices we see that subjects use milking strategies which means that they exploit a good reputation. In particular, if the sales price is high, low quality is delivered until the price drops below a certain threshold, and then high quality is chosen until the price increases again.}}, author = {{Mir Djawadi, Behnud and Fahr, Rene and Haake, Claus-Jochen and Recker, Sonja}}, issn = {{1932-6203}}, journal = {{PLoS ONE}}, number = {{11}}, publisher = {{Public Library of Science}}, title = {{{Maintaining vs. Milking Good Reputation when Customer Feedback is Inaccurate}}}, doi = {{10.1371/journal.pone.0207172}}, volume = {{13}}, year = {{2018}}, } @article{1029, abstract = {{We present a game-theoretic model of the repression–dissent nexus, focusing on preemptive repression. A small group of instigating dissidents triggers a protest if each dissident participates. The dissidents face random checks by security forces, and when an individual dissident is caught while preparing to participate, he or she is prevented from doing so. Each dissident can invest in countermeasures, which make checks ineffective. For large benefits of protest, higher preemptive repression in the form of a higher number of checks has a deterrence effect and makes dissidents less prone to invest in countermeasures, decreasing the probability of protest. For small benefits of protest, higher preemptive repression instead has a backfiring effect. Both myopic and farsighted governments avoid the backfiring effect by setting low levels of preemptive repression (velvet-glove strategy). However, only a farsighted government is able to exploit the deterrence effect by maintaining a high level of preemptive repression (iron-fist strategy).}}, author = {{De Jaegher, Kris and Hoyer, Britta}}, journal = {{Journal of Conflict Resolution}}, number = {{2}}, pages = {{502----527}}, publisher = {{SAGE Publications}}, title = {{{Preemptive Repression: Deterrence, Backfiring, Iron Fists and Velvet Gloves}}}, doi = {{10.1177/0022002717750450}}, volume = {{63}}, year = {{2018}}, } @article{3081, author = {{Kolodziej, Ingo WK and Reichert, Arndt R and Schmitz, Hendrik}}, journal = {{Health services research}}, number = {{4}}, title = {{{New Evidence on Employment Effects of Informal Care Provision in Europe}}}, doi = {{10.111/1475-6773.12840}}, volume = {{53}}, year = {{2018}}, } @article{2728, author = {{Gries, Thomas and Redlin, Margarete and Ugarte, Juliette Espinosa}}, issn = {{0177-798X}}, journal = {{Theoretical and Applied Climatology}}, publisher = {{Springer Nature}}, title = {{{Human-induced climate change: the impact of land-use change}}}, doi = {{10.1007/s00704-018-2422-8}}, year = {{2018}}, } @article{31807, abstract = {{Drawing upon recent advances in machine learning and natural language processing, we introduce new tools that automatically ingest, parse, disambiguate, and build an updated database using U.S. patent data. The tools identify unique inventor, assignee, and location entities mentioned on each granted U.S. patent from 1976 to 2016. We describe data flow, algorithms, user interfaces, descriptive statistics, and a novelty measure based on the first appearance of a word in the patent corpus. We illustrate an automated coinventor network mapping tool and visualize trends in patenting over the last 40 years.}}, author = {{Balsmeier, Benjamin and Assaf, Mohamad and Chesebro, Tyler and Fierro, Gabe and Johnson, Kevin and Johnson, Scott and Li, Guan‐Cheng and Lück, Sonja and O'Reagan, Doug and Yeh, Bill and Zang, Guangzheng and Fleming, Lee}}, issn = {{1058-6407}}, journal = {{Journal of Economics & Management Strategy}}, keywords = {{Management of Technology and Innovation, Strategy and Management, Economics and Econometrics, General Business, Management and Accounting, General Medicine}}, number = {{3}}, pages = {{535--553}}, publisher = {{Wiley}}, title = {{{Machine learning and natural language processing on the patent corpus: Data, tools, and new measures}}}, doi = {{10.1111/jems.12259}}, volume = {{27}}, year = {{2018}}, } @article{3070, author = {{Gries, Thomas and Fritz, Marlon and Feng, Yuanhua}}, journal = {{Review of Economics}}, number = {{2}}, pages = {{153--166}}, title = {{{Slow Booms and Deep Busts: 160 Years of Business Cycles in Spain}}}, doi = {{10.1515/roe-2017-0008}}, volume = {{68 }}, year = {{2017}}, } @article{5236, author = {{Schmitz, Hendrik and Schiele, Valentin}}, journal = {{Atlas of Science}}, title = {{{Sick already? Job loss makes it even worse}}}, year = {{2017}}, } @article{1054, abstract = {{We explore how competition between physicians affects medical service provision. Previous research has shown that, without competition, physicians deviate from patient‐optimal treatment under payment systems like capitation and fee‐for‐service. Although competition might reduce these distortions, physicians usually interact with each other repeatedly over time and only a fraction of patients switches providers at all. Both patterns might prevent competition to work in the desired direction. To analyze the behavioral effects of competition, we develop a theoretical benchmark that is then tested in a controlled laboratory experiment. Experimental conditions vary physician payment and patient characteristics. Real patients benefit from provision decisions made in the experiment. Our results reveal that, in line with the theoretical prediction, introducing competition can reduce overprovision and underprovision, respectively. The observed effects depend on patient characteristics and the payment system, though. Tacit collusion is observed and particularly pronounced with fee‐for‐service payment, but it appears to be less frequent than in related experimental research on price competition. }}, author = {{Brosig-Koch, Janet and Hehenkamp, Burkhard and Kokot, Johanna}}, journal = {{Health Economics}}, number = {{53}}, pages = {{6--20}}, publisher = {{Wiley Online Library}}, title = {{{The effects of competition on medical service provision}}}, doi = {{10.1002/hec.3583}}, volume = {{26}}, year = {{2017}}, } @article{1372, author = {{Gries, T. and Grundmann, R. and Palnau, Irene and Redlin, Margarete}}, issn = {{1612-4804}}, journal = {{International Economics and Economic Policy}}, number = {{2}}, pages = {{293--351}}, publisher = {{Springer Nature}}, title = {{{Innovations, growth and participation in advanced economies - a review of major concepts and findings}}}, doi = {{10.1007/s10368-016-0371-1}}, volume = {{14}}, year = {{2017}}, } @article{15260, author = {{Schmitz, Hendrik and Ziebarth, Nicolas R.}}, issn = {{0022-166X}}, journal = {{Journal of Human Resources}}, number = {{1}}, pages = {{88--127}}, title = {{{Does Price Framing Affect the Consumer Price Sensitivity of Health Plan Choice?}}}, doi = {{10.3368/jhr.52.1.0814-6540r1}}, volume = {{52}}, year = {{2017}}, } @article{2635, author = {{Schmitz, Hendrik and Westphal, Matthias}}, journal = {{Journal of Health Economics}}, pages = {{1--18}}, title = {{{Informal Care and Long-term Labor Market Outcomes}}}, doi = {{10.1016/j.jhealeco.2017.09.002}}, volume = {{56}}, year = {{2017}}, }