CRC Rationality & Competition

3 days with an amazing line-up of instructors and poster sessions by junior researchers at the end of each day are over!

It's been great hosting 3rd Summer School in International Economics by @jintlecon.bsky.social.

Thanks to @rationalitycrc.bsky.social for supporting this event!

📢 New paper in the Economic Journal (@resmedia.bsky.social):

👉 Differences in patience can account for substantial regional variation in educational achievement within countries

Data on Facebook interests allow us to derive regional measures of patience

academic.oup.com/ej/advance-a...

A 🧵 1/9

📣 Call for Papers: 𝗖𝗘𝗦𝗶𝗳𝗼 𝗔𝗿𝗲𝗮 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗼𝗻 𝗕𝗲𝗵𝗮𝘃𝗶𝗼𝗿𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀, organized jointly with @rationalitycrc.bsky.social

📅 24 - 25 October 2025, Munich

Keynotes: Ben Enke (@harvard.edu), Gilat Levy (LS)
Organizers: Ernst Fehr and Klaus Schmidt

ℹ️ Info & Submissions Link: www.ifo.de/en/cesifo/ev...

🚨 Thrilled that our 🆕 paper
“Age and Cognitive Skills: Use It or Lose It”
just came out in #ScienceAdvances @science.org

💡 Longitudinal evidence: age pattern of literacy+numeracy not as bleak as cross-section suggests + strongly differs by skill usage

www.science.org/doi/full/10....

🧵A thread
1/7

The takeaway? Compliance may well be a female social norm.

Read more details in the article available at: rationality-and-competition.de/wp-content/u...

Additionally, the study explored how people expect others to behave in a probabilistic social dilemma game.
🔹 Men and women are expected to hold similar normative beliefs.
🔹 However, men are expected to follow normative recommendations less than women.

Key findings:
🔹 Women respond more strongly to normative recommendations compared to men.
🔹 Information about non-compliant peer behavior reduces compliance in both genders equally.

Are women more compliant than men?

In a new CRC Discussion Paper, @mgesuer.bsky.social, Nicola Cerutti, @friedrj.bsky.social, and @gyulaseres.bsky.social put this long-held belief to the test using a novel experimental design across two complementary experiments.

#EconSky

🧑‍🎄time! Our @cepr_org @LSEGeography @CEP_LSE
DP #PrimeLocations is forthcoming at AER: Insights.🍾 Our🎁4u: PL shapefiles and employment by sector at micro-geographic grid-level for 381 MSAs and 125 global cities. All free to download from primelocations.ahlfeldt.com Use it wisely!😀

Our research on gender and compliance behavior as a @rationalitycrc.bsky.social discussion paper: Women are often perceived as more compliant than men; however, the literature provides inconclusive evidence. In two experiments, we test this claim. rationality-and-competition.de/wp-content/u...

Thank you for your interest! We’re working on something along those lines and will share more soon. Stay tuned!

Rationality & Competition Join the conversation

🌍 Want to connect with experts in behavioral economics and other fields of economics tackling applied societal questions of high policy relevance?

📚 Follow the “Rationality & Competition” Starter Pack for the latest research and discussions from our CRC members! #EconSky

go.bsky.app/Uubbqcx

Great idea—we're on it! Stay tuned for updates!

Also, big thank you to all our participating institutions for their support: @humboldtuni.bsky.social, LMU Munich, ESMT Berlin, @hertieschool.bsky.social, TU Berlin, @diw.de, ifo Institute, Max Planck Institute for Innovation & Competition, @wzb.bsky.social

📢 Thrilled to announce that our CRC Rationality & Competition has been extended for the period 2025-2028! Huge thanks to the German Research Foundation (DFG), our incredible team, and especially our leads Klaus Schmidt & @georgweizsaecker.bsky.social! 🙌🚀

#EconSky

#EconSky 📉📈

🚨 Timely and important new findings by Andrej Woerner, Taisuke Imai, Klaus Schmidt, and @ddpace.bsky.social in a new article in Nature Sustainability @natureportfolio.bsky.social.

👀 Which #CarbonPricing scheme garners more support?

LMU Munich, Osaka University

Discover this paper💡it uses machine learning to move beyond the binary view of gender, offering a nuanced view of how continuous gender identity predicts economic behavior📑 rationality-and-competition.de/wp-content/u... @mgesuer.bsky.social @humboldtuni.bsky.social @rationalitycrc.bsky.social #BSoE

Read the full CRC Discussion paper by @vojtabartos.bsky.social, @castrosilvia.bsky.social, @kczura.bsky.social, & Timm Opitz at: rationality-and-comp...
3/3

The research finds that Ugandan loan officers show bias against individual female entrepreneurs, but not against entrepreneurial teams.

The bias appears to stem not from animosity but from differing perceptions of women's business implementation challenges.

2/3

🚨CRC Discussion Paper 🚨

By @vojtabartos.bsky.social, @castrosilvia.bsky.social, @kczura.bsky.social, & Timm Opitz

Reveals gender bias in entrepreneurial finance, highlighting greater constraints faced by women in accessing funds crucial for business success. A 🧵

#EconSky 📉📈

1/3

Spring, sun, and beautiful Schwanenwerder. We welcome our members to the 14th CRC Retreat!

„How to Increase Public Support for Carbon Pricing“

Read the full CRC Discussion paper by Andrej Woerner, Taisuke Imai, Davide Pace, @klaus-m-schmidt.bsky.social at: rationality-and-comp...
6/6

These findings underscore the importance of choosing the right revenue recycling method to enhance public acceptance of carbon pricing. It's not just about the policy, but how it's implemented.
5/6

Additionally, the study highlights a gap in perception. Both the participants in the experiment and experts underestimate the public support for carbon pricing.
4/6

'Climate Premium' involves giving a fixed, upfront payment 💰 to each individual.

Interestingly, this scheme was more favored than 'Tax and Dividend' schemes, allocating funds to the government's general budget, or using them for environmental projects. 🌱
3/6

A fully incentivized experiment with a representative sample of the German population reveals interesting findings. The article explores 5 different ways to recycle carbon pricing revenues.

Among these, the 'Climate Premium' stands out garnering the highest support.
2/6

The political acceptability of carbon pricing largely depends on how ist revenues are used. In a new paper, Andrej Woerner, Taisuke Imai, Davide Pace, @klaus-m-schmidt.bsky.social delve into what makes the public more receptive to this environmental policy. 🌍 #EconSky
1/6

„Automatability of Occupations, Workers' Labor-market Expectations, and Willingness to Train“

Read the full CRC Discussion paper by @lergetporer.bsky.social, Katharina Wedel, & Katharina Werner at rationality-and-comp...
4/4

Key insight 2⃣:

The information also increases willingness to participate in further training, especially among respondents in highly automatable occupation (+5 percentage points).
3/4