KIT - Working Paper Series in Economics

2023

Andreas Benz, Peter R. Demerjian, Daniel Hoang and Martin Ruckes: Picking winners: Managerial ability and capital allocation, KIT Working Paper 163, January 2024
Jörg Urban: Credit cycles revisited, KIT Working Paper 162, June 2023, updated version of the Working Paper 146
Andranik S. Tangian: Apportionment in times of digitalization, KIT Working Paper 161, April 2023
Klaus Nehring and Clemens Puppe: Multi-dimensional social choice under frugal information: the Tukey median as Condorcet winner ex ante, KIT Working Paper 160, March 2023

2022

Clemens Puppe and Arkadii Slinko: Maximal Condorcet domains. A further progress report, KIT Working Paper 159, December 2022
Daniel Hoang and Kevin Wiegratz: Machine learning methods in finance: recent applications and prospects, KIT Working Paper 158, December 2022
David Ehrlich and Nora Szech: How to start a grassroots movement, KIT Working Paper 157, September 2022
Klaus Nehring and Clemens Puppe: Condorcet solutions in frugal models of budget allocation, KIT Working Paper 156, March 2022
Clemens Puppe and Jana Rollmann: Participation in voting over budget allocations. A field experiment, KIT Working Paper 155, February 2022
Andranik S. Tangian: Analysis of the 2021 Bundestag elections. 4/4. The third vote application, KIT Working Paper 154, January 2022
Andranik S. Tangian: Analysis of the 2021 Bundestag elections. 3/4. Tackling the Bundestag growth, KIT Working Paper 153, January 2022
Andranik S. Tangian: Analysis of the 2021 Bundestag elections. 2/4. Political spectrum, KIT Working Paper 152, January 2022
Andranik S. Tangian: Analysis of the 2021 Bundestag elections. 1/4. Representativeness of the parties and the Bundestag, KIT Working Paper 151, January 2022

2021

Marta Serra-Garcia and Nora Szech: Choice architecture and incentives increase COVID-19 vaccine intentions and test demand, KIT Working Paper 150, April 2021
Daniel Hoang, Fabian Silbereis and Raphael Stengel: Do nonfinancial firms hold risky financial assets? Evidence from Germany, KIT Working Paper 149, March 2021
Francesco D‘Acunto, Daniel Hoang and Michael Weber: Managing households‘ expectations with unconventional policies, KIT Working Paper 148, March 2021
Francesco D‘Acunto, Daniel Hoang, Maritta Paloviita and Michael Weber: Effective policy communication: Targets versus instruments, KIT Working Paper 147, March 2021

2020

Jörg Urban: Credit cycles revisited, KIT Working Paper 146, November 2020, see the updated version of this paper Working Paper 162
Dávid Burka, Clemens Puppe, László Szepesváry and Attila Tasnádi: Voting: a machine learning approach, KIT Working Paper 145, November 2020
Guanhao Li, Clemens Puppe, Arkadii Slinko: Towards a classification of maximal peak-pit Condorcet domains, KIT Working Paper 144, October 2020
Andranik S. Tangian: Using composite indicators in econometric decision models with application to occupational health, KIT Working Paper 143, September
Ingrid Ott, Susanne Soretz: Institutional design and spatial (in)equality – the Janus face of economic integration, KIT Working Paper 142, August 2020
Laura Reh, Fabian Krüger, Roman Liesenfeld: Predicting the global minimum variance portfolio, KIT Working Paper 141, July 2020
Marta Serra Garcia and Nora Szech: Understanding demand for COVID-19 antibody testing, KIT Working Paper 140, May 2020
Fabian Krüger, Lora Pavlova: Quantifying subjective uncertainty in survey expectations, KIT Working Paper 139, March 2020
Michael Müller, Clemens Puppe: Strategy-proofness and responsiveness imply minimal participation, KIT Working Paper 138, January 2020

2019

Andranik S. Tangian: Tackling the Bundestag growth by introducing fraction-valued votes, KIT Working Paper 137, October 2019
Susanne Fuchs-Seliger: Structures of rational behavior in economics, KIT Working Paper 136, September 2019
Cornelia Gremm, David Bälz, Chris Corbo and Kay Mitusch: Intermodal competition between intercity buses and trains – A theoretical model, KIT Working Paper 135, September 2019
Marta Serra-Garcia and Nora Szech: The (in)elasticity of moral ignorance, KIT Working Paper 134, August 2019
Andranik S. Tangian: Composite indicators for computer-aided collective bargaining, KIT Working Paper 133, July 2019
Andranik S. Tangian: Combining the third vote with traditional elections, KIT Working Paper 132, May 2019
Klaus Nehring, Clemens Puppe: Resource allocation by frugal majority rule, KIT Working Paper 131, April 2019
Benedikt Notheisen, Christof Weinhardt: The blockchain, plums, and lemons: Information asymme- tries & transparency in decen- tralized markets, KIT Working Paper 130, February 2019
Benedikt Notheisen, Vincenzo Marino, Daniel Englert, Christof Weinhardt: Trading stocks on blocks: The quality of decentralized markets, KIT Working Paper 129, February 2019
Francesco D‘Acunto, Daniel Hoang, Maritta Paloviita, Michael Weber: Human frictions in the transmission of economic policy, KIT Working Paper 128, January 2019
Francesco D‘Acunto, Daniel Hoang, Maritta Paloviita, Michael Weber: IQ, expectations, and choice, KIT Working Paper 127, January 2019; Also published as NBER Working Paper (2019), No. 25496
Francesco D‘Acunto, Daniel Hoang, Maritta Paloviita, Michael Weber: Cognitive abilities and inflation expectations, KIT Working Paper 126, January 2019; Published in American Economic Review (Papers and Proceedings), May 2019, Vol. 109.
Rebekka Buse, Melanie Schienle, Jörg Urban: Effectiveness of policy and regulation in European sovereign credit risk markets - A network analysis, KIT Working Paper 125, January 2019
Chong Liang, Melanie Schienle: Determination of vector error correction models in high dimensions, KIT Working paper 124, January 2019; Published in Journal of Econometrics (2018), doi: https://doi.org/10.1016/j.jeconom.2018.09.018
Rebekka Buse, Melanie Schienle: Measuring connectedness of euro area sovereign risk; KIT Working Paper 123, January 2019; Published in International Journal of Forecasting (2019), doi: https://doi.org/10.1016/j.ijforecast.2018.07.010
Carsten Bormann, Melanie Schienle: Detecting structural differences in tail dependence of financial time series, KIT Working Paper 122, January 2019; Published in Journal of Business & Economic Statistics (2018),doi: https://doi.org/10.1080/07350015.2018.1506343
Christian Conrad, Melanie Schienle: Testing for an omitted multiplicative long-term component in GARCH models, KIT Working Paper 121, January 2019; Published in Journal of Business & Economic Statistics (2018), doi: https://doi.org/10.1080/07350015.2018.1482759

2018

Marta Serra-Garcia and Nora Szech: The (in)elasticity of moral ignorance, KIT Working paper 120, December 2018
Thomas Mariotti, Nikolaus Schweizer, Nora Szech and Jonas von Wangenheim: Information nudges and self-control, KIT Working paper 119, November 2018
Andranik S. Tangian: Methodological notes on composite indicators for monitoring working conditions, KIT Working paper 118, Ocotober 2018
Andranik S. Tangian: Testing the improved third vote during the 2018 election of the Karlsruhe Institute of Technology student parliament, KIT Working paper 117, September 2018
Golubev, Y., Safarian M.: On robust stopping times for detecting changes in distribution, KIT Working Paper 116, May 2018.
Hoang, D., Gatzer, S., Ruckes, M.: The economics of capital allocation in firms: Evidence from internal capital markets, KIT Working Paper 115, January 2018.
D'Acunto, F., Hoang, D., Weber, M.: Unconventional fiscal policy, KIT Working Paper 114, January 2018.
Also published as NBER Working Paper (2018), NBER Working Paper No. 24244.
Bucci, A., Eraydin, L., Müller, M.: Dilution effects, population growth and economic growth under human capital accumulation and endogenous technological change, KIT Working Paper 113, January 2018. Published in Journal of Macroeconomics (2018), doi: https://doi.org/10.1016/j.jmacro.2018.08.003
Schweikert, J., Höchstötter M.: Epidemiological spreading of mortgage default, KIT Working Paper 112, Januar 2018.

2017

Falk, A., Szech, N.: Diffusion of being pivotal and immoral outcomes, KIT Working Paper 111, December 2017.
Kühl, L., Szech, N.: Physical distance and cooperativeness towards strangers, KIT Working Paper 110, November 2017.
Dizdar, D., Moldovanu, B., Szech, N.: The multiplier effect in two-sided markets with bilateral investments, KIT Working Paper 109, November 2017.
Tangian, A. S.: Policy representation by the 2017 Bundestag, KIT Working Paper 108, September 2017.
Tangian, A. S.: Policy representation by German parties at the 2017 federal election, KIT Working Paper 107, September 2017.
Tangian, A. S.: Design and results of the third vote experiment during the 2017 election of the Karlsruhe Institute of Technology student parliament, KIT Working Paper 106, September 2017.
Fels, M.: Incentivizing efficient utilization without reducing access: The case against cost-sharing in insurance, KIT Working Paper 105, July 2017.
Tangian, A. S.: Declining labor–labor exchange rates as a cause of inequality growth, KIT Working Paper 104, July 2017.
Albrecht, K., Krämer, F., Szech, N.: Animal welfare and human ethics: A personality study, KIT Working Paper 103, June 2017.
Engel, J., Szech, N.: A little good is good enough: Ethical consumption, cheap excuses, and moral self-licensing, KIT Working Paper 102, March 2017.
Freeman, D., Kimbrogh, E. O., Reiss, J. P.: Opportunity cost, inattention and the bidder’s curse, KIT Working Paper 101, February 2017.
Tangian, A. S.: Selection of questions for VAAs and the VAA-based elections, KIT Working Paper 100, January 2017.

2016

Rothenhäusler, D., Schweizer, N., Szech, N.: Guilt in voting and public good games, KIT Working Paper 99, November 2016.
Bode, E., Brunow, S., Ott, I., Sorgner A.: Worker personality: Another skill bias beyond education in the digital age, KIT Working Paper 98, November 2016
Published as Kiel Working Paper (2016), Kiel Institute for the World Economy, No. 2057 and in the German Economic Review, 2018.
Puppe, C.: The single-peaked domain revisited: A simple global characterization, KIT Working Paper 97, November 2016.
Burka, D., Puppe, C., Szepesvary, L., Tasnadi, A.: Neural networks would `vote‘ according to Borda‘s rule, KIT Working Paper 96, November 2016.
Korzinov, V., Savin, I.: Pervasive enough? General purpose technologies as an emergent property, KIT Working Paper 95, November 2016. Published in the Technological Forecasting and Social Change, 2018, Vol. 129.
D'Acunto, F., Hoang, D., Weber, M.: The effect of unconventional fiscal policy on consumption expenditure, KIT Working Paper 94, Oktober 2016.
Tangian, A. S.: The third vote experiment: VAA-based election to enhance policy representation of the KIT student parliament, KIT Working Paper 93, September 2016.
Puppe, C., Slinko, A.: Condorcet domains, median graphs and the single-crossing property, KIT Working Paper 92, June 2016.
Höchstötter, M., Safarian, M., Krumetsadik, A.: Analysis of stochastic technical trading algorithms, KIT Working Paper 91, June 2016.
Schweizer, N., Szech, N.: Optimal revelation of life-changing information, KIT Working Paper 90, May 2016.
Barnard, H., Cowan, R., Kirman, A., Müller, M.: Including excluded groups: The slow racial transformation of the South African university system, KIT Working Paper 89, May 2016.
Llorente-Saguer, A., Sheremeta R. M., Szech, N.: Designing contests between heterogeneous contestants: An experimental study of tie-breaks and bid-caps in all-pay auctions, KIT Working Paper 88, May 2016.
Herrmann, J. K., Savin, I.: Optimal policy identification: Insights from the German electricity market, KIT Working Paper 87, March 2016. Published in Technological Forecasting and Social Change, 2017, Vol. 122.
Tangian, A.: Devaluation of one’s labor in labor–commodities– money–commodities–labor exchange as a cause of inequality growth, KIT Working Paper 86, February 2016.
Deckers, T., Falk, A., Kosse, F., Szech, N.: Homo moralis: Personal characteristics, institutions, and moral decision-making, KIT Working Paper 85, February 2016.
Fels, M.: When the affordable has no value, and the valuable is unaffordable: The U.S. market for long- term care insurance and the role of Medicaid, KIT Working Paper 84, February 2016.
Cantner, U., Savin, I., Vannuccini, S.: Replicator dynamics in value chains: Explaining some puzzles of market selection, KIT Working Paper 83, February 2016.
Barnard, H., Cowan, R., Müller, M.: On the value of foreign PhDs in the developing world: Training versus selection effects, KIT Working Paper 82, January 2016.
Mammen, E., Rothe, C., Schienle, M.: Semiparametric estimation with generated covariates, KIT Working Paper 81, January 2016.
Published in Econometric Theory, available on CJO2015, doi: 10.1017/S0266466615000134.
Bormann, C., Schaumburg, J., Schienle, M.,: Beyond dimension two: A test for higher-order tail risk, KIT Working Paper 80, January 2016.
Published in Journal of Financial Econometrics, December 2015, doi: 10.1093/jjfinec/nbv022.
Betz, F., Hautsch, N., Peltonen, T., Schienle, M.,: Systemic risk spillovers in the European banking and sovereign network, KIT Working Paper 79, January 2016.
Published in Journal of Financial Stability (2015), doi: 10.1016/j.jfs.2015.10.006.
Falk, A., Szech, N.: Pleasures of skill and moral conduct, KIT Working Paper 78, January 2016.

2015

Borissov, K., Pakhnin, M., Puppe, C.: On discounting and voting in a simple growth model, KIT Working Paper 77, December 2015.
Published in European Economic Review, May 2017,
http://doi.org/10.1016/j.euroecorev.2017.03.001.
Schweizer, N., Szech, N.: A quantitative version of Myerson regularity, KIT Working Paper 76 December 2015.
Deeken, T.: Schumpeterian growth with technological interdependence: An application to US states, KIT Working Paper 75, November 2015.
Deeken, T.: Knowledge spillovers: On the impact of genetic distance and data revisions, KIT Working Paper 74, November 2015.
Feige, C., Ehrhart, K.-M.: Voting and transfer payments in a threshold public goods game, KIT Working Paper 73, November 2015.
Huck, S., Szech, N., Wenner, L.: More effort with less pay: On information avoidance, belief design and performance, KIT Working Paper 72, September 2015.
Korzinov, V., Kreuchauff, F.: A patent search strategy based on machine learning for the emerging field of service robotics, KIT Working Paper 71, August 2015. Published in Scientometrics, 2017, Vol. 111.
Feige, C.: Success rates in simplified threshold public goods games - a theoretical model, KIT Working Paper 70, June 2015.
Fels, M.: Mental accounting, access motives, and overinsurance, KIT Working Paper 69, May 2015.
Ott, I., Soretz, S.: Green attitude and economic growth, KIT Working Paper 68, May 2015. Published in the Enviromental and Resource Economics, August 2018, Vol. 70
Schweizer, N., Szech, N.: Revenues and welfare in auctions with information release, KIT Working Paper 67, April 2015.
Tangian, A.: Decision making in politics and economics: 6. Empirically constructing the German political spectrum, KIT Working Paper 66, April 2015.

2014

Hoang, D., Ruckes, M.: The effects of disclosure policy on risk management incentives and market entry, KIT Working Paper 65, November 2014.
Published in Journal of Financial Intermediation,
https://doi.org/10.1016/j.jfi.2016.07.003.
Gatzer, S., Hoang, D., Ruckes, M.: Internal capital markets and diversified firms: Theory and practice, KIT Working Paper 64, November 2014.
Hammer, A.: Innovation of knowledge intensive service firms in urban areas, KIT Working Paper 63, October 2014.
Höchstötter, M., Safarian, M.: Stochastic technical analysis for decision making on the financial market, KIT Working Paper 62, October 2014.
Mitusch, K., Liedtke, G., Guihery, L., Bälz, D.: The structure of freight flows in Europe and its implications for EU railway freight policy, KIT Working Paper 61, September 2014.
Feige, C., Ehrhart, K.-M., Krämer, J.: Voting on contributions to a threshold public goods game - an experimental investigation, KIT Working Paper 60, August 2014.
Deeken, T., Ott, I.: Integration as a spatial institution: Implications for agglomeration and growth, KIT Working Paper 59, July 2014.
Safarian, M.: Erhaltungsgesetze für das Modell M_r | G_r | 1 | ∞ in der Klasse der konservativen Abfertigungsdisziplinen, KIT Working Paper 58, July 2014
Hillebrand, M.: Existence of bubbly equilibria in overlapping generations models with stochastic production, KIT Working Paper 57, June 2014.
Safarian, M.: Hedging options including transaction costs in incomplete markets, KIT Working Paper 56, April 2014.
Masiliunas, A., Mengel, F., Reiss, J.P.: Behavioral variation in Tullock contests, KIT Working Paper 55, February 2014.
Schimke, A.: Aging workforce and firm growth in the context of "extreme" employment growth events, KIT Working Paper 54, January 2014.
Kreuchauff, F., Teichert, N.: Nanotechnology as general purpose technology, KIT Working Paper 53, January 2014.

2013

Safarian, M.: On Portfolio risk estimation, KIT Working Paper 52, December 2013.
Nehring, K., Pivato, M., Puppe, C.: The Condorcet set: majority voting over interconnected propositions, KIT Working Paper 51, December 2013.
Accepted for publication in Journal of Economic Theory.
Nehring, K., Pivato, M., Puppe, C.: Unanimity overruled: majority voting and the burden of history, KIT Working Paper 50, December 2013.
Tangian, A.S.: Decision making in politics and economics: 5. 2013 election to German Bundestag and direct democracy, KIT Working Paper 49, Karlsruhe, December 2013.
Hillebrand, M., Kikuchi, T., Sakuragawa, M.: Bubbles and crowding-in of capital via a savings glut, KIT Working Paper 48, Karlsruhe, November 2013.
Rothenhäusler, D., Schweizer, N., Szech, N.: Institutions, shared guilt, and moral transgression, KIT Working Paper 47, Karlsruhe, October 2013.

2012

Hillebrand, M.: Uniqueness of Markov equilibrium in stochastic OLG models with nonclassical production, KIT Working Paper 46, Karlsruhe, November 2012.
Published in Economics Letters, Vol. 123, Issue 2, May 2014, pp 171-176.
Schuster, P., Uhrig-Homburg, M.: The term structure of bond market liquidity conditional on the economic environment: An analysis of government guaranteed bonds, KIT Working Paper 45, Karlsruhe, November 2012.
Kim, Y.S., Giacometti, R., Rachev, S.T., Fabozzi, F.J., Mignacca, D.: Measuring financial risk and portfolio optimization with a non-Gaussian multivariate model, KIT Working Paper 44, Karlsruhe, August 2012.
Published in Annals of Operations Research, Springer, 2012, Vol. 201, Issue 1, pp 325-343.
Zuodong, L., Rachev, S.T., Kim, Y.S., Fabozzi, F.J.: Option pricing with regime switching tempered stable processes, KIT Working Paper 43, Karlsruhe, August 2012.
Berninghaus, S.K., Güth, W., Schosser, S.: Backward induction or forward reasoning? An experiment of stochastic alternating offer bargaining, KIT Working Paper 42, Karlsruhe, July 2012.
Berninghaus, S.K., Güth, W., Li, K. K..: Approximate truth of perfectness: An experimental test, KIT Working Paper 41, June 2012.
Hillebrand, M., Kikuchi, T.: A mechanism for booms and busts in housing prices, KIT Working Paper 40, Karlsruhe, May 2012.
Published in Journal of Economic Dynamics and Control, Vol. 51, February 2015, pp 204-217.
Schimke, A.: Entrepreneurial aging and employment growth in the context of extreme growth events, KIT Working Paper 39, Karlsruhe, May 2012.
Schimke, A., Teichert, N., Ott, I.: Impact of local knowledge endowment on employment growth in nanotechnology, KIT Working Paper 38, Karlsruhe, February 2012.
Published in Industrial and Corporate Change, 2013, Oxford Press/ 2012, DRUID Academy, Cambridge, pp 1-31.

2011

Berninghaus, S. K., Todorova, L., Vogt, B.: A simple questionnaire can change everything: Are strategy choices in coordination games stable?, KIT Working Paper 37, Karlsruhe, December 2011.
Duschl, M., Schimke, A., Brenner, T., Luxen, D.: Firm growth and the spatial impact of geolocated external factors - empirical evidence for German manufacturing firms, KIT Working Paper 36, Karlsruhe, November 2011.
Meyborg, M.: The impact of West-German universities on regional innovation activities - a social network analysis, KIT Working Paper 35, Karlsruhe, October 2011.
Broekel, T., Schimke, A., Brenner, T.: The effects of cooperative R&D subsidies and subsidized cooperation on employment growth, KIT Working Paper 34, Karlsruhe, October 2011.
Schosser, S., Vogt, B.: The public loss game: An experimental study of public bads, KIT Working Paper 33, Karlsruhe, August 2011.
Schimke, A., Brenner, T.: Temporal structure of firm growth and the impact of R&D, KIT Working Paper 32, Karlsruhe, July 2011.
Schaffer, A.: Appropriate policy measures to attract private capital in consideration of regional efficiency in using infrastructure and human capital, KIT Working Paper 31, Karlsruhe, July 2011.
Stoyanov, S.V., Rachev, S.T., Racheva-Iotova, B., Fabozzi, F.J.: Fat-tailed models for risk estimation, KIT Working Paper 30, Karlsruhe, May 2011.
Published in Journal of Portfolio Management, 2011, Vol. 37, No. 2, pp 107-117.
Stoyanov, S.V., Rachev, S.T., Fabozzi, F.J.: CVaR sensitivity with respect to tail thickness, KIT Working Paper 29, Karlsruhe, May 2011.
Published in Journal of Banking & Finance, 2013, Vol. 37, Issue 3, pp 977-988.
Kim, Y.S., Rachev, S.T., Bianchi, M.L, Fabozzi, F.J.: Tempered stable and tempered infinitely divisible GARCH models, KIT Working Paper 28, Karlsruhe, May 2011.
Published in Journal of Banking & Finance, 2010, Vol. 34, Issue 9, pp 2096-2109.
Kanamura, T., Rachev, S.T., Fabozzi, F.J.: A profit model for spread trading with an application to energy futures, KIT Working Paper 27, Karlsruhe, May 2011.
Published in The Journal of Trading, 2010, Vol. 5, 1, pp 48-62.
Bianchi, M.L., Rachev, S.T., Kim, Y.S., Fabozzi, F.J.: Tempered infinitely divisible distributions and processes, KIT Working Paper 26, Karlsruhe, May 2011.
Published in Theory of Probability & Its Applications, 2011, Vol. 55:1, pp 2-26.
Kube, S., Maréchal, M.A., Puppe, C.: The currency of reciprocity - gift-exchange in the workplace, KIT Working Paper 25, Karlsruhe, April 2011. (updated version from August 2011)
Published in American Economic Review, 102:4, pp. 1644-1662.
Puppe, C., Tasnádi, A.: Axiomatic districting, KIT Working Paper 24, Karlsruhe, April 2011.
Dimitrov, D., Puppe, C.: Non-bossy social classification, KIT Working Paper 23, Karlsruhe, April 2011.
Published in Mathematical Social Sciences, 2011, Vol. 62, Issue 3, pp 162-165.
Kaivanto, K., Kroll, E.B.: Negative recency, randomization device choice, and reduction of compound lotteries, KIT Working Paper 22, Karlsruhe, April 2011.
Published in Economics Letters, 2012, Vol. 115, Issue 2, pp 263-267.
Schimke, A., Brenner, T.: Long-run factors of firm growth - a study of German firms, KIT Working Paper 21, Karlsruhe, April 2011.
Scholz, A.B.: Spatial network configurations of cargo airlines, KIT Working Paper 20, Karlsruhe, KIT Scientific Publishing, April 2011.
Beck, A.: Public bus transport in Germany: a proposal to improve the current awarding system, KIT Working Paper 19, Karlsruhe, April 2011.
Published in Competition for Public Transport Services, Contributions to Economics, 2010, Springer, pp 197-204.
Menz, N., Ott, I.: On the role of general purpose technologies within the Marshall-Jacobs controversy: the case of nanotechnologies, KIT Working Paper 18, Karlsruhe, April 2011.
Buechel, B.: A note on Condorcet consistency and the median voter, KIT WorkingPaper 17, Karlsruhe, April 2011.
Kroll, E.B., Rieger, J., Vogt, B.: How performance based payoffs influence estimates of complex information? An experimental study on quality and precision in estimation tasks, KIT Working Paper 16, Karlsruhe, March 2011.
Berninghaus, S.K., Neumann, T., Vogt, B.: Learning in networks - an experimental study using stationary concepts, KIT Working Paper 15, Karlsruhe, February 2011.
Hillebrand, M: Governmental debt, interest policy, and tax stabilization in a stochastic OLG economy, KIT Working Paper 14, Karlsruhe, January 2011.

2010

Beck, A., Walter, M.: Tender prices in local bus transport in Germany - an application of alternative regression techniques, KIT Working Paper 13, Karlsruhe, December 2010.
Published in Competition for Public Transport Services, Contributions to Economics, 2010, Springer, pp 137-154.
Kroll, E.B., Müller, H., Vogt, B.: Experimental evidence of context-dependent preferences in risk-free settings, KIT Working Paper 12, Karlsruhe, November 2010.
Berninghaus, S., Güth, W., Schosser, S.: Voluntary contributing in a neighborhood public good game - an experimental study, KIT Working Paper 11, Karlsruhe, November 2010.
Schaffer, A., Simar, L., Rauland, J.: Decomposing regional efficiency, KIT Working Paper 10, Karlsruhe, October 2010.
Published in Journal of Regional Science, 2011, Vol. 51, Issue 5, pp 931-947.
Lindner, T.: Das Bundestagswahlrecht aus Perspektive der Social Choice-Theorie, KIT Working Paper 9, Karlsruhe, October 2010.
Published in Perspektiven der Wirtschaftspolitik, 2011, Vol. 12, Issue 3, pp 242-257.
Tangian, A.S.: Decision making in politics and economics: 4. Bundestag elections 2009 and direct democracy, KIT Working Paper 8, Karlsruhe, October 2010.
Ruckes, M., Rønde, T.: Dynamic incentives in organizations: success and inertia, KIT Working Paper 7, Karlsruhe, October 2010.
Berninghaus, S., Haller, S., Krüger, T., Neumann, T., Schosser, S., Vogt, B.: Risk attitude, beliefs, and information in a corruption game - An experimental analysis, KIT Working Paper 6, Karlsruhe, September 2010.
Published in Journal of Economic Psychology, 2013, Vol. 34, pp 46-60.
Ott, I., Soretz, S.: On the role of productive government spendings for convergence of a growing economy with heterogenous specialists, KIT Working Paper 5, Karlsruhe, August 2010.
Published in Journal of Economic Dynamics and Control, 2011, Vol. 35, Issue 9, pp 1435–1450.
Chernobai, A., Menn, C., Rachev, S.T., Trück, S.: Estimation of operational value-at-risk in the presence of minimum collection threshold: An empirical study, KIT Working Paper 4, Karlsruhe, August 2010.
Published in Model Risk - Identification, Measurement and Management, Risk Books, 2010, pp 359-420.
Rezania, O., Rachev, S.T., Sun, E., Fabozzi, F.J.: Analysis of the intraday effects of economic releases on the currency market, KIT Working Paper 3, Karlsruhe, August 2010.
Published in Journal of International Money and Finance, 2011, Vol. 30, Issue 4, pp 692-707.
Kim, Y.S., Rachev, S.T., Bianchi, M.L., Mitov, I., Fabozzi, F.J.: Time series analysis for financial market meltdowns, KIT Working Paper 2, Karlsruhe, August 2010.
Published in Journal of Banking & Finance, 2011, Vol. 35, Issue 8, pp 1879-1891.
Güner, B., Rachev, S.T., Edelman, D., Fabozzi, F.J.: Bayesian inference for hedge funds with stable distribution of returns, KIT Working Paper 1, Karlsruhe, August 2010.
Published in Rethinking Risk Measuring and Reporting, ed. Klaus Bocker, Risk Books, 2010, Vol. 2, Part I, pp 95-136.