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We use a unique dataset that combines data on higher-order risk preferences and various measures of observed real-world prevention behavior. We find that prudent individuals indeed invest less in self-protection as measured by influenza vaccination. This result is driven by high risk individuals such as individuals >60 years of age or chronically ill. We do not find a clear empirical relationship between riskpreferences and prevention in the sense of self-insurance (i.e. secondary prevention). Neither risk aversion nor prudence is related to cancer screenings such as mammograms, Pap smears or X-rays of the lung."}]},{"abstract":[{"text":"<jats:p>Using rich linked employer–employee data for (West) Germany between 1996 and 2014, we conduct a decomposition analysis based on recentered influence function (RIF) regressions to analyze the relative contributions of various plant and worker characteristics to the rise in German wage dispersion. Moreover, we separately investigate the sources of between‐plant and within‐plant wage dispersion. We find that industry effects and the collective bargaining regime contribute the most to rising wage inequality. In the case of collective bargaining, both the decline in collective bargaining coverage and the increase in wage dispersion among the group of covered plants have played important roles.</jats:p>","lang":"eng"}],"publication":"Industrial Relations: A Journal of Economy and Society","language":[{"iso":"eng"}],"year":"2020","issue":"1","title":"Dissecting between-plant and within-plant wage inequality – Evidence from Germany","publisher":"Wiley","date_created":"2024-10-01T13:22:11Z","status":"public","type":"journal_article","extern":"1","_id":"56295","department":[{"_id":"892"}],"user_id":"102261","page":"85-122","intvolume":"        59","citation":{"ieee":"D. Baumgarten, G. Felbermayr, and S. 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Dissecting between-plant and within-plant wage inequality – Evidence from Germany. <i>Industrial Relations: A Journal of Economy and Society</i>, <i>59</i>(1), 85–122. <a href=\"https://doi.org/10.1111/irel.12249\">https://doi.org/10.1111/irel.12249</a>","bibtex":"@article{Baumgarten_Felbermayr_Lehwald_2020, title={Dissecting between-plant and within-plant wage inequality – Evidence from Germany}, volume={59}, DOI={<a href=\"https://doi.org/10.1111/irel.12249\">10.1111/irel.12249</a>}, number={1}, journal={Industrial Relations: A Journal of Economy and Society}, publisher={Wiley}, author={Baumgarten, Daniel and Felbermayr, Gabriel and Lehwald, Sybille}, year={2020}, pages={85–122} }","short":"D. Baumgarten, G. Felbermayr, S. Lehwald, Industrial Relations: A Journal of Economy and Society 59 (2020) 85–122.","mla":"Baumgarten, Daniel, et al. “Dissecting Between-Plant and within-Plant Wage Inequality – Evidence from Germany.” <i>Industrial Relations: A Journal of Economy and Society</i>, vol. 59, no. 1, Wiley, 2020, pp. 85–122, doi:<a href=\"https://doi.org/10.1111/irel.12249\">10.1111/irel.12249</a>."},"publication_identifier":{"issn":["0019-8676","1468-232X"]},"publication_status":"published","doi":"10.1111/irel.12249","date_updated":"2024-10-01T13:25:05Z","volume":59,"author":[{"first_name":"Daniel","last_name":"Baumgarten","full_name":"Baumgarten, Daniel","id":"102770"},{"full_name":"Felbermayr, Gabriel","last_name":"Felbermayr","first_name":"Gabriel"},{"first_name":"Sybille","last_name":"Lehwald","full_name":"Lehwald, Sybille"}]},{"publication_status":"published","publication_identifier":{"issn":["0014-2921"]},"citation":{"ieee":"D. Baumgarten, M. Irlacher, and M. Koch, “Offshoring and non-monotonic employment effects across industries in general equilibrium,” <i>European Economic Review</i>, vol. 130, Art. no. 103583, 2020, doi: <a href=\"https://doi.org/10.1016/j.euroecorev.2020.103583\">10.1016/j.euroecorev.2020.103583</a>.","chicago":"Baumgarten, Daniel, Michael Irlacher, and Michael Koch. “Offshoring and Non-Monotonic Employment Effects across Industries in General Equilibrium.” <i>European Economic Review</i> 130 (2020). <a href=\"https://doi.org/10.1016/j.euroecorev.2020.103583\">https://doi.org/10.1016/j.euroecorev.2020.103583</a>.","ama":"Baumgarten D, Irlacher M, Koch M. Offshoring and non-monotonic employment effects across industries in general equilibrium. <i>European Economic Review</i>. 2020;130. doi:<a href=\"https://doi.org/10.1016/j.euroecorev.2020.103583\">10.1016/j.euroecorev.2020.103583</a>","bibtex":"@article{Baumgarten_Irlacher_Koch_2020, title={Offshoring and non-monotonic employment effects across industries in general equilibrium}, volume={130}, DOI={<a href=\"https://doi.org/10.1016/j.euroecorev.2020.103583\">10.1016/j.euroecorev.2020.103583</a>}, number={103583}, journal={European Economic Review}, publisher={Elsevier BV}, author={Baumgarten, Daniel and Irlacher, Michael and Koch, Michael}, year={2020} }","short":"D. Baumgarten, M. Irlacher, M. Koch, European Economic Review 130 (2020).","mla":"Baumgarten, Daniel, et al. “Offshoring and Non-Monotonic Employment Effects across Industries in General Equilibrium.” <i>European Economic Review</i>, vol. 130, 103583, Elsevier BV, 2020, doi:<a href=\"https://doi.org/10.1016/j.euroecorev.2020.103583\">10.1016/j.euroecorev.2020.103583</a>.","apa":"Baumgarten, D., Irlacher, M., &#38; Koch, M. (2020). Offshoring and non-monotonic employment effects across industries in general equilibrium. <i>European Economic Review</i>, <i>130</i>, Article 103583. <a href=\"https://doi.org/10.1016/j.euroecorev.2020.103583\">https://doi.org/10.1016/j.euroecorev.2020.103583</a>"},"intvolume":"       130","year":"2020","date_created":"2024-10-01T13:17:49Z","author":[{"first_name":"Daniel","last_name":"Baumgarten","full_name":"Baumgarten, Daniel","id":"102770"},{"last_name":"Irlacher","full_name":"Irlacher, Michael","first_name":"Michael"},{"first_name":"Michael","last_name":"Koch","full_name":"Koch, Michael"}],"volume":130,"publisher":"Elsevier BV","date_updated":"2024-10-01T13:20:51Z","doi":"10.1016/j.euroecorev.2020.103583","title":"Offshoring and non-monotonic employment effects across industries in general equilibrium","type":"journal_article","publication":"European Economic Review","status":"public","user_id":"102261","department":[{"_id":"892"}],"_id":"56294","language":[{"iso":"eng"}],"extern":"1","article_number":"103583"},{"doi":"10.1007/s41464-020-00085-z","title":"Investment Barriers and Labeling Schemes for Socially Responsible Investments","author":[{"last_name":"Gutsche","id":"113411","full_name":"Gutsche, Gunnar","first_name":"Gunnar"},{"first_name":"Bernhard","last_name":"Zwergel","full_name":"Zwergel, Bernhard"}],"date_created":"2025-05-27T06:54:16Z","volume":72,"date_updated":"2025-05-27T06:55:26Z","publisher":"Springer Science and Business Media LLC","citation":{"bibtex":"@article{Gutsche_Zwergel_2020, title={Investment Barriers and Labeling Schemes for Socially Responsible Investments}, volume={72}, DOI={<a href=\"https://doi.org/10.1007/s41464-020-00085-z\">10.1007/s41464-020-00085-z</a>}, number={2}, journal={Schmalenbach Business Review}, publisher={Springer Science and Business Media LLC}, author={Gutsche, Gunnar and Zwergel, Bernhard}, year={2020}, pages={111–157} }","short":"G. Gutsche, B. Zwergel, Schmalenbach Business Review 72 (2020) 111–157.","mla":"Gutsche, Gunnar, and Bernhard Zwergel. “Investment Barriers and Labeling Schemes for Socially Responsible Investments.” <i>Schmalenbach Business Review</i>, vol. 72, no. 2, Springer Science and Business Media LLC, 2020, pp. 111–57, doi:<a href=\"https://doi.org/10.1007/s41464-020-00085-z\">10.1007/s41464-020-00085-z</a>.","apa":"Gutsche, G., &#38; Zwergel, B. (2020). Investment Barriers and Labeling Schemes for Socially Responsible Investments. <i>Schmalenbach Business Review</i>, <i>72</i>(2), 111–157. <a href=\"https://doi.org/10.1007/s41464-020-00085-z\">https://doi.org/10.1007/s41464-020-00085-z</a>","ama":"Gutsche G, Zwergel B. Investment Barriers and Labeling Schemes for Socially Responsible Investments. <i>Schmalenbach Business Review</i>. 2020;72(2):111-157. doi:<a href=\"https://doi.org/10.1007/s41464-020-00085-z\">10.1007/s41464-020-00085-z</a>","ieee":"G. Gutsche and B. Zwergel, “Investment Barriers and Labeling Schemes for Socially Responsible Investments,” <i>Schmalenbach Business Review</i>, vol. 72, no. 2, pp. 111–157, 2020, doi: <a href=\"https://doi.org/10.1007/s41464-020-00085-z\">10.1007/s41464-020-00085-z</a>.","chicago":"Gutsche, Gunnar, and Bernhard Zwergel. “Investment Barriers and Labeling Schemes for Socially Responsible Investments.” <i>Schmalenbach Business Review</i> 72, no. 2 (2020): 111–57. <a href=\"https://doi.org/10.1007/s41464-020-00085-z\">https://doi.org/10.1007/s41464-020-00085-z</a>."},"intvolume":"        72","page":"111-157","year":"2020","issue":"2","publication_status":"published","publication_identifier":{"issn":["1439-2917","2194-072X"]},"language":[{"iso":"eng"}],"user_id":"37953","department":[{"_id":"281"},{"_id":"475"}],"_id":"60041","status":"public","abstract":[{"text":"<jats:title>Abstract</jats:title><jats:p>Given the increasing role of socially responsible investing (SRI), but still limited participation of individual (i.e. small, retail) investors, the objective of this study is twofold: (i) We aim to identify investment barriers regarding SRI for individual investors and analyze to what extent these barriers vary across different investor groups. (ii) We analyze to what extent sustainability or transparency labels can help to overcome these barriers. To this end, we empirically analyze data from a survey and a stated choice experiment for a broad sample of financial decision makers in German households. The results suggest that a considerable amount of respondents can imagine to invest in a socially responsible manner, which is promising for policymakers and practitioners who aim to foster sustainable development and SRI. However, too high information costs are a severe barrier for potential future investors and a considerable share of respondents distrusts providers of socially responsible investment products. Banks, who could help to solve this problem, appear not to fulfill their role as intermediaries. But we find that labels might serve as a complement to banks. Especially sustainability certificates that confirm the consideration of sustainability criteria could decrease information costs and overcome at least some barriers for some investor groups, particularly for new investors. However, the results also suggest that a certain degree of basic knowledge and trust in providers of socially responsible investment products is required before labels work efficiently.</jats:p>","lang":"eng"}],"type":"journal_article","publication":"Schmalenbach Business Review"},{"author":[{"full_name":"Gries, Thomas","id":"186","last_name":"Gries","first_name":"Thomas"},{"first_name":"Rainer","last_name":"Grundmann","full_name":"Grundmann, Rainer"}],"date_created":"2020-06-02T10:20:15Z","date_updated":"2025-11-10T09:30:58Z","doi":"10.1111/rode.12663","title":"Modern sector development: The role of exports and institutions in developing countries","publication_status":"published","publication_identifier":{"issn":["1363-6669","1467-9361"]},"citation":{"apa":"Gries, T., &#38; Grundmann, R. (2020). Modern sector development: The role of exports and institutions in developing countries. <i>Review of Development Economics</i>, 644–667. <a href=\"https://doi.org/10.1111/rode.12663\">https://doi.org/10.1111/rode.12663</a>","mla":"Gries, Thomas, and Rainer Grundmann. “Modern Sector Development: The Role of Exports and Institutions in Developing Countries.” <i>Review of Development Economics</i>, 2020, pp. 644–67, doi:<a href=\"https://doi.org/10.1111/rode.12663\">10.1111/rode.12663</a>.","short":"T. Gries, R. Grundmann, Review of Development Economics (2020) 644–667.","bibtex":"@article{Gries_Grundmann_2020, title={Modern sector development: The role of exports and institutions in developing countries}, DOI={<a href=\"https://doi.org/10.1111/rode.12663\">10.1111/rode.12663</a>}, journal={Review of Development Economics}, author={Gries, Thomas and Grundmann, Rainer}, year={2020}, pages={644–667} }","chicago":"Gries, Thomas, and Rainer Grundmann. “Modern Sector Development: The Role of Exports and Institutions in Developing Countries.” <i>Review of Development Economics</i>, 2020, 644–67. <a href=\"https://doi.org/10.1111/rode.12663\">https://doi.org/10.1111/rode.12663</a>.","ieee":"T. Gries and R. Grundmann, “Modern sector development: The role of exports and institutions in developing countries,” <i>Review of Development Economics</i>, pp. 644–667, 2020, doi: <a href=\"https://doi.org/10.1111/rode.12663\">10.1111/rode.12663</a>.","ama":"Gries T, Grundmann R. Modern sector development: The role of exports and institutions in developing countries. <i>Review of Development Economics</i>. Published online 2020:644-667. doi:<a href=\"https://doi.org/10.1111/rode.12663\">10.1111/rode.12663</a>"},"page":"644-667","year":"2020","user_id":"186","department":[{"_id":"475"},{"_id":"19"},{"_id":"200"}],"_id":"17073","language":[{"iso":"eng"}],"type":"journal_article","publication":"Review of Development Economics","status":"public"},{"volume":20,"author":[{"first_name":"Thomas","last_name":"Gries","id":"186","full_name":"Gries, Thomas"},{"full_name":"Jungblut, Stefan","last_name":"Jungblut","first_name":"Stefan"},{"full_name":"Krieger, Tim","last_name":"Krieger","first_name":"Tim"},{"full_name":"Meyer, Henning","last_name":"Meyer","first_name":"Henning"}],"date_created":"2018-05-18T10:27:14Z","date_updated":"2022-01-06T06:57:51Z","doi":"10.1111/geer.12140","title":"Economic Retirement Age and Lifelong Learning - a theoretical model with heterogeneous labor and biased technical change","issue":"2","intvolume":"        20","page":"129-170","citation":{"ieee":"T. Gries, S. Jungblut, T. Krieger, and H. Meyer, “Economic Retirement Age and Lifelong Learning - a theoretical model with heterogeneous labor and biased technical change,” <i>German Economic Review</i>, vol. 20, no. 2, pp. 129–170, 2019.","chicago":"Gries, Thomas, Stefan Jungblut, Tim Krieger, and Henning Meyer. “Economic Retirement Age and Lifelong Learning - a Theoretical Model with Heterogeneous Labor and Biased Technical Change.” <i>German Economic Review</i> 20, no. 2 (2019): 129–70. <a href=\"https://doi.org/10.1111/geer.12140\">https://doi.org/10.1111/geer.12140</a>.","ama":"Gries T, Jungblut S, Krieger T, Meyer H. Economic Retirement Age and Lifelong Learning - a theoretical model with heterogeneous labor and biased technical change. <i>German Economic Review</i>. 2019;20(2):129-170. doi:<a href=\"https://doi.org/10.1111/geer.12140\">10.1111/geer.12140</a>","short":"T. Gries, S. Jungblut, T. Krieger, H. Meyer, German Economic Review 20 (2019) 129–170.","bibtex":"@article{Gries_Jungblut_Krieger_Meyer_2019, title={Economic Retirement Age and Lifelong Learning - a theoretical model with heterogeneous labor and biased technical change}, volume={20}, DOI={<a href=\"https://doi.org/10.1111/geer.12140\">10.1111/geer.12140</a>}, number={2}, journal={German Economic Review}, author={Gries, Thomas and Jungblut, Stefan and Krieger, Tim and Meyer, Henning}, year={2019}, pages={129–170} }","mla":"Gries, Thomas, et al. “Economic Retirement Age and Lifelong Learning - a Theoretical Model with Heterogeneous Labor and Biased Technical Change.” <i>German Economic Review</i>, vol. 20, no. 2, 2019, pp. 129–70, doi:<a href=\"https://doi.org/10.1111/geer.12140\">10.1111/geer.12140</a>.","apa":"Gries, T., Jungblut, S., Krieger, T., &#38; Meyer, H. (2019). Economic Retirement Age and Lifelong Learning - a theoretical model with heterogeneous labor and biased technical change. <i>German Economic Review</i>, <i>20</i>(2), 129–170. <a href=\"https://doi.org/10.1111/geer.12140\">https://doi.org/10.1111/geer.12140</a>"},"year":"2019","department":[{"_id":"19"},{"_id":"200"},{"_id":"475"},{"_id":"202"}],"user_id":"186","_id":"2808","language":[{"iso":"eng"}],"publication":"German Economic Review","type":"journal_article","status":"public"},{"project":[{"_id":"2","name":"SFB 901 - Project Area A"},{"name":"SFB 901 - Subproject A3","_id":"7"},{"_id":"8","name":"SFB 901 - Subproject A4"},{"name":"SFB 901","_id":"1"}],"_id":"1139","user_id":"18949","department":[{"_id":"280"},{"_id":"183"},{"_id":"475"}],"file_date_updated":"2018-11-02T15:35:29Z","type":"journal_article","status":"public","date_updated":"2022-01-06T06:51:00Z","author":[{"full_name":"Kaimann, Daniel","id":"18949","last_name":"Kaimann","first_name":"Daniel"},{"last_name":"Hoyer","id":"42447","full_name":"Hoyer, Britta","first_name":"Britta"}],"volume":26,"main_file_link":[{"url":"http://www.tandfonline.com/doi/full/10.1080/13504851.2018.1436141"}],"doi":"10.1080/13504851.2018.1436141","publication_status":"epub_ahead","has_accepted_license":"1","citation":{"ama":"Kaimann D, Hoyer B. Price competition and the Bertrand model: The paradox of the German mobile discount market. <i>Applied Economics Letters</i>. 2019;26(1):54-57. doi:<a href=\"https://doi.org/10.1080/13504851.2018.1436141\">10.1080/13504851.2018.1436141</a>","chicago":"Kaimann, Daniel, and Britta Hoyer. “Price Competition and the Bertrand Model: The Paradox of the German Mobile Discount Market.” <i>Applied Economics Letters</i> 26, no. 1 (2019): 54–57. <a href=\"https://doi.org/10.1080/13504851.2018.1436141\">https://doi.org/10.1080/13504851.2018.1436141</a>.","ieee":"D. Kaimann and B. Hoyer, “Price competition and the Bertrand model: The paradox of the German mobile discount market,” <i>Applied Economics Letters</i>, vol. 26, no. 1, pp. 54–57, 2019.","short":"D. Kaimann, B. Hoyer, Applied Economics Letters 26 (2019) 54–57.","bibtex":"@article{Kaimann_Hoyer_2019, title={Price competition and the Bertrand model: The paradox of the German mobile discount market}, volume={26}, DOI={<a href=\"https://doi.org/10.1080/13504851.2018.1436141\">10.1080/13504851.2018.1436141</a>}, number={1}, journal={Applied Economics Letters}, publisher={Taylor and Francis Online}, author={Kaimann, Daniel and Hoyer, Britta}, year={2019}, pages={54–57} }","mla":"Kaimann, Daniel, and Britta Hoyer. “Price Competition and the Bertrand Model: The Paradox of the German Mobile Discount Market.” <i>Applied Economics Letters</i>, vol. 26, no. 1, Taylor and Francis Online, 2019, pp. 54–57, doi:<a href=\"https://doi.org/10.1080/13504851.2018.1436141\">10.1080/13504851.2018.1436141</a>.","apa":"Kaimann, D., &#38; Hoyer, B. (2019). Price competition and the Bertrand model: The paradox of the German mobile discount market. <i>Applied Economics Letters</i>, <i>26</i>(1), 54–57. <a href=\"https://doi.org/10.1080/13504851.2018.1436141\">https://doi.org/10.1080/13504851.2018.1436141</a>"},"intvolume":"        26","page":"54-57","ddc":["000"],"language":[{"iso":"eng"}],"publication":"Applied Economics Letters","abstract":[{"lang":"eng","text":"We investigate the degree of price competition among telecommunication firms. Underlying a Bertrand model of price competition, we empirically model pricing behaviour in an oligopoly. We analyse panel data of individual pricing information of mobile phone contracts offered between 2011 and 2017. We provide empirical evidence that price differences as well as reputational effects serve as a signal to buyers and significantly affect market demand. Additionally, we find that brands lead to an increase in demand and thus are able to generate spillover effects even after price increase."}],"file":[{"content_type":"application/pdf","success":1,"relation":"main_file","date_updated":"2018-11-02T15:35:29Z","date_created":"2018-11-02T15:35:29Z","creator":"ups","file_size":625230,"file_name":"KaimannHoyer.pdf","access_level":"closed","file_id":"5307"}],"publisher":"Taylor and Francis Online","date_created":"2018-01-31T08:34:35Z","title":"Price competition and the Bertrand model: The paradox of the German mobile discount market","issue":"1","year":"2019"},{"main_file_link":[{"url":"https://www.sciencedirect.com/science/article/pii/S0167268119300824"}],"doi":"10.1016/j.jebo.2019.03.011","title":"The Common Enemy Effect under Strategic Network Formation and  Disruption","date_created":"2018-04-06T07:59:01Z","author":[{"id":"42447","full_name":"Hoyer, Britta","last_name":"Hoyer","first_name":"Britta"},{"first_name":"Hans","last_name":"Haller","full_name":"Haller, Hans"}],"volume":162,"date_updated":"2022-01-06T06:55:36Z","citation":{"ieee":"B. Hoyer and H. Haller, “The Common Enemy Effect under Strategic Network Formation and  Disruption,” <i>Journal of Economic Behavior &#38; Organization</i>, vol. 162, pp. 146–163, 2019.","chicago":"Hoyer, Britta, and Hans Haller. “The Common Enemy Effect under Strategic Network Formation and  Disruption.” <i>Journal of Economic Behavior &#38; Organization</i> 162 (2019): 146–63. <a href=\"https://doi.org/10.1016/j.jebo.2019.03.011\">https://doi.org/10.1016/j.jebo.2019.03.011</a>.","ama":"Hoyer B, Haller H. The Common Enemy Effect under Strategic Network Formation and  Disruption. <i>Journal of Economic Behavior &#38; Organization</i>. 2019;162:146-163. doi:<a href=\"https://doi.org/10.1016/j.jebo.2019.03.011\">10.1016/j.jebo.2019.03.011</a>","apa":"Hoyer, B., &#38; Haller, H. (2019). The Common Enemy Effect under Strategic Network Formation and  Disruption. <i>Journal of Economic Behavior &#38; Organization</i>, <i>162</i>, 146–163. <a href=\"https://doi.org/10.1016/j.jebo.2019.03.011\">https://doi.org/10.1016/j.jebo.2019.03.011</a>","bibtex":"@article{Hoyer_Haller_2019, title={The Common Enemy Effect under Strategic Network Formation and  Disruption}, volume={162}, DOI={<a href=\"https://doi.org/10.1016/j.jebo.2019.03.011\">10.1016/j.jebo.2019.03.011</a>}, journal={Journal of Economic Behavior &#38; Organization}, author={Hoyer, Britta and Haller, Hans}, year={2019}, pages={146–163} }","mla":"Hoyer, Britta, and Hans Haller. “The Common Enemy Effect under Strategic Network Formation and  Disruption.” <i>Journal of Economic Behavior &#38; Organization</i>, vol. 162, 2019, pp. 146–63, doi:<a href=\"https://doi.org/10.1016/j.jebo.2019.03.011\">10.1016/j.jebo.2019.03.011</a>.","short":"B. Hoyer, H. Haller, Journal of Economic Behavior &#38; Organization 162 (2019) 146–163."},"page":"146-163","intvolume":"       162","year":"2019","publication_status":"published","language":[{"iso":"eng"}],"user_id":"477","department":[{"_id":"280"},{"_id":"475"}],"project":[{"name":"SFB 901","_id":"1"},{"_id":"2","name":"SFB 901 - Project Area A"},{"name":"SFB 901 - Subproject A3","_id":"7"}],"_id":"2256","status":"public","abstract":[{"text":"Social psychology studies the \"common enemy effect\", the phenomenon\r\nthat members of a group work together when they face an opponent, although they otherwise have little in common. An interesting scenario\r\nis the formation of an information network where group members individually sponsor costly links. Suppose that ceteris paribus, an outsider\r\nappears who aims to disrupt the information \r\nflow within the network\r\nby deleting some of the links. The question is how the group responds\r\nto this common enemy. We address this question for the homogeneous\r\nconnections model of strategic network formation, with two-way \r\nflow of\r\ninformation and without information decay. For sufficiently low linkage\r\ncosts, the external threat can lead to a more connected network, a positive\r\ncommon enemy effect. For very high but not prohibitively high linkage\r\ncosts, the equilibrium network can be minimally connected and efficient\r\nin the absence of the external threat whereas it is always empty and ineffi\fcient in the presence of the external threat, a negative common enemy\r\neffect. For intermediate linkage costs, both connected networks and the\r\nempty network are Nash for certain cost ranges.","lang":"eng"}],"type":"journal_article","publication":"Journal of Economic Behavior & Organization"},{"user_id":"42447","department":[{"_id":"280"},{"_id":"179"},{"_id":"204"},{"_id":"475"}],"project":[{"name":"SFB 901","_id":"1"},{"_id":"7","name":"SFB 901 - Subprojekt A3"},{"_id":"8","name":"SFB 901 - Subprojekt A4"},{"_id":"2","name":"SFB 901 - Project Area A"}],"_id":"80","file_date_updated":"2018-11-19T07:39:42Z","article_type":"original","type":"journal_article","status":"public","author":[{"last_name":"Endres","id":"48794","full_name":"Endres, Angelika Elfriede","first_name":"Angelika Elfriede"},{"full_name":"Recker, Sonja","last_name":"Recker","first_name":"Sonja"},{"first_name":"Behnud","id":"26032","full_name":"Mir Djawadi, Behnud","orcid":"0000-0002-6271-5912","last_name":"Mir Djawadi"},{"last_name":"Hoyer","full_name":"Hoyer, Britta","id":"42447","first_name":"Britta"}],"volume":157,"date_updated":"2022-01-06T07:03:49Z","doi":"10.1016/j.jebo.2018.11.004","publication_status":"epub_ahead","has_accepted_license":"1","citation":{"mla":"Endres, Angelika Elfriede, et al. “Network Formation and Disruption - An Experiment: Are Equilibrium Networks Too Complex?” <i>Journal of Economic Behavior and Organization </i>, vol. 157, 2019, pp. 708–34, doi:<a href=\"https://doi.org/10.1016/j.jebo.2018.11.004\">10.1016/j.jebo.2018.11.004</a>.","bibtex":"@article{Endres_Recker_Mir Djawadi_Hoyer_2019, title={Network Formation and Disruption - An Experiment: Are equilibrium networks too complex?}, volume={157}, DOI={<a href=\"https://doi.org/10.1016/j.jebo.2018.11.004\">10.1016/j.jebo.2018.11.004</a>}, journal={Journal of Economic Behavior and Organization }, author={Endres, Angelika Elfriede and Recker, Sonja and Mir Djawadi, Behnud and Hoyer, Britta}, year={2019}, pages={708–734} }","short":"A.E. Endres, S. Recker, B. Mir Djawadi, B. Hoyer, Journal of Economic Behavior and Organization  157 (2019) 708–734.","apa":"Endres, A. E., Recker, S., Mir Djawadi, B., &#38; Hoyer, B. (2019). Network Formation and Disruption - An Experiment: Are equilibrium networks too complex? <i>Journal of Economic Behavior and Organization </i>, <i>157</i>, 708–734. <a href=\"https://doi.org/10.1016/j.jebo.2018.11.004\">https://doi.org/10.1016/j.jebo.2018.11.004</a>","ieee":"A. E. Endres, S. Recker, B. Mir Djawadi, and B. Hoyer, “Network Formation and Disruption - An Experiment: Are equilibrium networks too complex?,” <i>Journal of Economic Behavior and Organization </i>, vol. 157, pp. 708–734, 2019.","chicago":"Endres, Angelika Elfriede, Sonja Recker, Behnud Mir Djawadi, and Britta Hoyer. “Network Formation and Disruption - An Experiment: Are Equilibrium Networks Too Complex?” <i>Journal of Economic Behavior and Organization </i> 157 (2019): 708–34. <a href=\"https://doi.org/10.1016/j.jebo.2018.11.004\">https://doi.org/10.1016/j.jebo.2018.11.004</a>.","ama":"Endres AE, Recker S, Mir Djawadi B, Hoyer B. Network Formation and Disruption - An Experiment: Are equilibrium networks too complex? <i>Journal of Economic Behavior and Organization </i>. 2019;157:708-734. doi:<a href=\"https://doi.org/10.1016/j.jebo.2018.11.004\">10.1016/j.jebo.2018.11.004</a>"},"page":"708-734","intvolume":"       157","language":[{"iso":"eng"}],"ddc":["330"],"publication":"Journal of Economic Behavior and Organization ","file":[{"date_updated":"2018-11-19T07:39:42Z","date_created":"2018-11-19T07:39:42Z","creator":"bhoyer","file_size":1569991,"file_id":"5723","file_name":"Publication Jebo.pdf","access_level":"closed","content_type":"application/pdf","relation":"main_file"}],"abstract":[{"text":"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.\r\n\r\nWe 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).","lang":"eng"}],"date_created":"2017-10-17T12:41:07Z","title":"Network Formation and Disruption - An Experiment: Are equilibrium networks too complex?","year":"2019"}]
