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Collaborative Research Center (CRC TRR 190) funded by the German Research Foundation; our focus is on competitive behavior by individuals and firms in cases where rationality may be limited. Website: http://rationality-and-competition.de
CRC Rationality & Competition









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How competitive neutrality falls short: Our causal analysis reveals that state ownership systematically induces preferential treatment for public hospitals over private ones, a bias that becomes significantly more acute under the pressure of upcoming elections.
Why incentive-compatibility isn't enough for data quality: Our new online experiment shows that popular belief elicitation methods like BSR and BDM fail to outperform simple, unincentivized introspection.
Why labor markets underprovide benefits despite high worker demand: Our model shows that treating benefits as hidden "experience goods" systematically induces inefficiently low coverage and compressed wage gaps, masking the true extent of compensation inequality.
@klaus-m-schmidt.bsky.social
How "Amazon’s Choice" badges steer choice: We show that they drive engagement despite competing signals, yet disproportionately favors platform-sold products. Crucially, this boost persists after the badge is removed, potentially reinforcing long-term market advantages.