We show that in school systems with grade retention or redshirting birth cohort size is negatively related to the grade-level share of students who are too old for their grade. This compositional effect gives…
Bidding in first-price auctions crucially depends on the beliefs of the bidders. We analyze bidding behavior in a first-price auction in which the knowledge of the bidders about the distribution of the values of…
On October 4, 2021, all services provided by Meta Platforms, Inc. (then Facebook, Inc.) became unavailable unexpectedly for all its worldwide users for a period of about six hours. We use detailed high‐frequency…
Personality drives human decision-making. Research on corporate research and development(R&D), however, typically considers strategic decision-making to be independent of the decisionmaker’s personality traits.…
This paper examines how worker skills and job application behavior contribute to the gender wage gap on a major online freelancing platform. We observe significant occupational sorting by gender, with women…
In international comparison, Germany is considered a latecomer when it comes to performance budgeting. After clarifying the central concepts of goal- and impact-oriented budgeting and its historical foundations,…