@techreport{65862, abstract = {{This study examines how private peers’ disclosure transparency affects public firms’ information environment, captured through analyst forecast behavior. Focusing on the most important private firms operating in U.S. industries, we investigate whether private peer disclosure—despite differing substantially from public firm disclosure—is incorporated into analysts’ forecasts. In a cross-sectional analysis, we document lower forecast quality in industries where private peers’ disclosure intensity is low. In contrast, when private peers’ disclosure intensity is high, forecast quality does not differ from that in industries with only public peers. We find consistent results for a subsample of U.S. private peers. Consistent with this interpretation, a difference-in-differences analysis documents increased analyst forecast activity around the disclosure dates of private peers. Together, these findings indicate that analysts incorporate private peers’ information when these peers are both economically important and sufficiently transparent, and highlight that variation in private firms’ disclosure intensity generates heterogenous externalities for public firms. Overall, our evidence supports a cost-benefit trade-off in analysts’ information acquisition, and, by documenting the relevance of private peers’ information for public firms, contributes to the debate on the externalities of private firms’ disclosure transparency.}}, author = {{Beyer, Bianca and Flagmeier, Vanessa and Kosi, Urska}}, issn = {{1556-5068}}, publisher = {{TRR 266 Accounting for Transparency}}, title = {{{Private Peers’ Disclosure Transparency and Public Firms’ Information Environment}}}, doi = {{10.2139/ssrn.4438123}}, year = {{2026}}, } @article{47099, author = {{Bartels, Lara and Kesternich, Martin and Löschel, Andreas}}, issn = {{1556-5068}}, journal = {{Land Economics }}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, title = {{{The Demand for Voluntary Carbon Dioxide Removal – Experimental Evidence from an Afforestation Project in Germany}}}, doi = {{10.2139/ssrn.3979837}}, year = {{2024}}, } @article{47093, abstract = {{We experimentally test a theoretically promising amendment to the ratchet-up mechanism of the Paris Agreement. The ratchet-up mechanism prescribes that parties’ commitments to the global response to climate change cannot decrease over time, and our results show that its effect is detrimental. We design a public goods game to study whether cooperation is promoted by an amendment to the mechanism that stipulates that all agents must contribute at least a collectively chosen minimum based on the principle of the lowest common denominator. We find that binding collective minimum contributions improve the effectiveness of the ratchet-up mechanism. Non-binding minimum contributions, by contrast, do not encourage cooperation. Our data indicate that the difference is attributable to conditional cooperative dynamics. If other participants contribute less than the collective minimum contribution, even initially cooperative participants start to negatively reciprocate this form of non-compliance by contributing less.}}, author = {{Alt, Marius and Kesternich, Martin and Gallier, Carlo and Sturm, Bodo}}, issn = {{1556-5068}}, journal = {{Journal of Environmental Economics and Management}}, keywords = {{global public goods, climate change, institutions, ratchet-up mechanism, minimum contributions, laboratory experiment}}, title = {{{Collective Minimum Contributions to Counteract the Ratchet Effect in the Voluntary Provision of Public Goods}}}, doi = {{10.2139/ssrn.4288327}}, year = {{2023}}, } @article{47102, author = {{Gallier, Carlo and Goeschl, Timo and Kesternich, Martin and Lohse, Johannes and Reif, Christiane and Römer, Daniel}}, issn = {{1556-5068}}, journal = {{Journal of Economic Behavior and Organization}}, pages = {{457--468}}, title = {{{Inter-Charity Competition under Spatial Differentiation: Sorting, Crowding, and Spillovers}}}, doi = {{10.2139/ssrn.3466679}}, volume = {{216}}, year = {{2023}}, } @article{50145, author = {{Dawid, Herbert and Harting, Philipp and Neugart, Michael}}, issn = {{1556-5068}}, journal = {{SSRN Electronic Journal}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{Elsevier BV}}, title = {{{Implications of Algorithmic Wage Setting on Online Labor Platforms: a Simulation-Based Analysis∗}}}, doi = {{10.2139/ssrn.4405558}}, year = {{2023}}, } @inproceedings{52839, author = {{Gräßler, Iris and Hieb, Michael and Roesmann, Daniel and Unverzagt, Marc and Pottebaum, Jens}}, booktitle = {{SSRN Electronic Journal}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{Elsevier BV}}, title = {{{Virtual learning environment for teaching the handling of collaborative robots}}}, doi = {{10.2139/ssrn.4471596}}, year = {{2023}}, } @techreport{46521, author = {{Freise, Diana and Schiele, Valentin and Schmitz, Hendrik}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{Elsevier BV}}, title = {{{Housing Situations and Local COVID-19 Infection Dynamics – A Case Study With Small-Area Data}}}, doi = {{10.2139/ssrn.4372490}}, year = {{2023}}, } @article{57451, author = {{Nalbantis, Georgios and Manger, Christian and Pawlowski, Tim and Yang, Philip}}, issn = {{1556-5068}}, journal = {{SSRN Electronic Journal}}, publisher = {{Elsevier BV}}, title = {{{Exploring the impact of specialist and generalist stars on organizational performance}}}, doi = {{10.2139/ssrn.4607851}}, year = {{2023}}, } @article{53831, author = {{Bartlitz, David and Gräfe, Alexander and Gilch, Luis}}, issn = {{1556-5068}}, journal = {{Consumer Behavioral Finance eJournal}}, pages = {{1--24}}, publisher = {{Elsevier BV}}, title = {{{The Reasonable Investor, Ex Ante Information and Ad Hoc Announcements}}}, doi = {{10.2139/ssrn.4482987}}, year = {{2023}}, } @techreport{35097, author = {{Ebert, Michael and Schäfer, Ulrich and Schneider, Georg Thomas}}, issn = {{1556-5068}}, title = {{{Information Leaks and Voluntary Disclosure}}}, doi = {{10.2139/ssrn.4168084}}, year = {{2022}}, } @techreport{47094, author = {{Bartels, Lara and Kesternich, Martin}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{ZEW Discussion Paper 22-040}}, title = {{{Motivate the Crowd or Crowd-Them Out? The Impact of Local Government Spending on the Voluntary Provision of a Green Public Good}}}, doi = {{10.2139/ssrn.4251592}}, year = {{2022}}, } @techreport{47096, author = {{Chlond, Bettina and Goeschl, Timo and Kesternich, Martin}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{ZEW Discussion Paper 22-020}}, title = {{{More Money or Better Procedures? Evidence From an Energy Efficiency Assistance Program}}}, doi = {{10.2139/ssrn.4151557}}, year = {{2022}}, } @techreport{47092, author = {{Kesternich, Martin and Osberghaus, Daniel and Botzen, Willem Jan Wouter}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{ZEW Discussion Paper 22-055}}, title = {{{The Intention-Behavior Gap in Climate Change Adaptation}}}, doi = {{10.2139/ssrn.4288341}}, year = {{2022}}, } @techreport{35799, author = {{Koch, Reinald and Holtmann, Svea and Giese, Henning}}, issn = {{1556-5068}}, title = {{{Losses Never Sleep - The Effect of Tax Loss Offset on Stock Market Returns during Economic Crises}}}, doi = {{10.2139/ssrn.4096944}}, volume = {{269}}, year = {{2022}}, } @techreport{35788, author = {{Fochmann, Martin and Heinemann-Heile, Vanessa and Huber, Hans-Peter and Maiterth, Ralf and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, title = {{{Zusatzkosten der Besteuerung – Eine Analyse des steuerlichen Verwaltungsaufwands und der subjektiv wahrgenommenen Steuerbelastung (An Empirical Analysis of Firms’ Hidden Cost of Taxation)}}}, doi = {{10.2139/ssrn.4210460}}, volume = {{100}}, year = {{2022}}, } @techreport{35795, author = {{Greil, Stefan and Overesch, Michael and Rohlfing-Bastian, Anna and Schreiber, Ulrich and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, title = {{{Towards an Amended Arm's Length Principle - Tackling complexity and implementing destination rules in transfer pricing}}}, doi = {{10.2139/ssrn.4166972}}, volume = {{89}}, year = {{2022}}, } @article{41485, author = {{Clemens, Robin and Barth, Enrico and Uhlmann, Eckart and Zhan, Yingjie and Caylak, Ismail and Mahnken, Rolf}}, issn = {{1556-5068}}, journal = {{SSRN Electronic Journal}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, publisher = {{Elsevier BV}}, title = {{{Effects on Process Forces of Individual Milling Tool Edges Depending on the Cutting Angle and Cutting Speed When Milling Cfrp}}}, doi = {{10.2139/ssrn.4259246}}, year = {{2022}}, } @techreport{24674, author = {{Diller, Markus and Lorenz, Johannes and Schneider, Georg Thomas and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, title = {{{Is Transfer Pricing Harmonization the Panacea? Reporting Transparency, Standards Consistency, and Tax Avoidance}}}, doi = {{10.2139/ssrn.3895611}}, year = {{2021}}, } @techreport{24661, author = {{Lorenz, Johannes and Diller, Markus and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, title = {{{The Epidemiology of Tax Avoidance Narratives}}}, doi = {{10.2139/ssrn.2992732}}, year = {{2021}}, } @article{57455, author = {{Pfeifer, Christian and Janssen, Simon and Yang, Philip and Backes-Gellner, Uschi}}, issn = {{1556-5068}}, journal = {{SSRN Electronic Journal}}, publisher = {{Elsevier BV}}, title = {{{Effects of Training on Employee Suggestions and Promotions in an Internal Labor Market}}}, doi = {{10.2139/ssrn.1835310}}, year = {{2021}}, }