1. Discussion and Working Paper // 2018

    Endogenous Worst-Case Beliefs in First-Price Auctions

    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…

  2. Discussion and Working Paper // 2018

    Strategies Under Distributional and Strategic Uncertainty

    I investigate the decision problem which arises in a game of incomplete information under two different types of uncertainty - uncertainty about other players’ type distributions and about other players’…

  3. Discussion and Working Paper // 2017

    Gap-Filling Government Debt Maturity Choice

    Do governments strategically choose debt maturity to fill supply gaps across maturities? Building on a new panel data set of more than 9,000 individual Eurozone government debt issues between 1999 and 2015, I…