Research
Publications, Working Papers & Work in Progress
More information, citations, etc can be found on my Google Scholar page and my SSRN Author page.The Extreme Points of Fusions
Learning, Memory, and Stochastic Choice
Countering Price Discrimination with Buyer Information.
Optimal Security Design for Risk-Averse Investors
Revise and Resubmit at the American Economic Review
Missinterpreting Yourself
Taxing Externalities Without Hurting the Poor
Limited Self-knowledge and Survey Response Behavior
Dynamic Preference "Reversals" and Time Inconsistency
Revise and Resubmit at American Economics Journal: Microeconomics
Overconfidence and Prejudice
Revise and Resubmit at the Review of Economic Studies
The Wald Problem and the Equivalence of Sequential Sampling and Static Information Costs
Working Paper on SSRNNever, Ever Getting Started: On Prospect Theory without Commitment
Efficient Dynamic Allocation with Strategic Arrivals
Risk-Taking in Contests - The impact of fund-manager Compensation on Investor Welfare
Learning Through Imitation: an Experiment
A Flow Approach to Dynamic Mechanism Design
A Direct Test for Regret Aversion in Dynamic Contexts
Learning with Informational Externalities
Privacy Preserving Signals
Accepted at Econometrica
Monotone Additive Statistics
Accepted at Econometrica
Selective Memory Equilibrium
Forthcoming in the Journal of Political Economy
Learning in Repeated Interactions on Networks
Econometrica, Januar 2024
Equity and Efficiency in Dynamic Matching: Extreme Waitlist Policies
Accepted at Management Science
Optimal Control of an Epidemic through Social Distancing
Accepted at Operations Research
Optimal Insurance: Dual Utility, Random Losses and Adverse Selection
American Economic Review, October 2023
The Cost of Information: The Case of Constant Marginal Costs
American Economics Review, May 2023
Background Risk and Small-Stakes Risk Aversion
Accepted in American Economic Review : Insights
Pathwise Concentration Bounds for Bayesian Beliefs
Accepted at Theoretical Economics
Optimal Disclosure of Information to a Privately Informed Receiver
Theoretical Economics, July 2023
Optimal Auctions: Non-Expected Utility and Constant Risk Aversion
Review of Economic Studies, October 2022
Matching in Dynamic Imbalanced Markets
Review of Economic Studies, August 2022
Progressive Participation
Theoretical Economics, July 2022
Identifying Procrastination from the Timing of Choices
American Economic Review, August 2021
Extreme Points and Majorization: Economic Applications
Econometrica, July 2021
Limits Points of Endogenous Misspecified Learning
Econometrica, May 2021
A Theory of Auctions with Endogenous Valuations
Journal of Political Economy, April 2021
From Blackwell Dominance in Large Samples to Renyi Divergences and Back Again
Econometrica, Januar 2021
Testing the Drift-Diffusion Model
Proceedings of National Academy of Science, December 2020
Rational Groupthink
Quarterly Journal of Economics, July 2020
Published Paper - Working Paper on SSRN - Working Paper on arxiv
Convergence in Misspecified Learning Models with Endogenous Actions
Theoretical Economics, Januar 2021
Bitcoin: An Axiomatic Approach and an Impossibility Theorem
American Economic Review : Insights, September 2020
Turning Up the Heat: The Demoralizing Effect of Competition in Contests
Journal of Political Economy, May 2020
Too Proud to Stop: Regret in Dynamic Decisions
Journal of the European Economic Association, December 2019
Working Paper on SSRN - Post on the blog of the 5th Lindau Nobel Laureate Meeting - Blogpost on voxeu.org
Stochastic Dominance under Independent Noise
Journal of Political Economy, May 2020
Speed, Accuracy, and the Optimal Timing of Choices
American Economic Review, December 2018
An Inverse Optimal Stopping Problem for Diffusions
Mathematics of Operations Research, September 2018
Published Paper - Working Paper on SSRN - Working Paper on arxiv
Unrealistic Expectations and Misguided Learning
Econometrica, August 2018
Active Learning with a Misspecified Prior
Theoretical Economics, September 2017
Published Paper - Working Paper on SSRN - Top 20 most read TE article in 2017/2018
Expectation-Based Loss Aversion and Strategic Interaction
Games and Economic Behavior, June 2017
Revenue Maximizing Mechanisms with Strategic Customers and Unknown, Markovian Demand
Management Science, June 2017
Continuous Time Contests with Private Information
Mathematics of Operations Research, August 2016
Strategic Experimentation with Private Payoffs
Journal of Economic Theory, September 2015
Dynamic Revenue Maximization: A Continuous Time Approach
Journal of Economic Theory, September 2015
Optimal Stopping With Private Information
Journal of Economic Theory, September 2015
Randomization beats Second Price as a Prior-Independent Auction
Economics and Computation, June 2015
Finite, integrable and bounded time embeddings for diffusions
Bernoulli, May 2015
Until the Bitter End: On Prospect Theory in the Dynamic Context
American Economic Review, April 2015
Published Paper - Working Paper on SSRN - A discussion by Kevin Bryan - Winner of the 2013 SCOR/EGRIE Award
Deadlines in Stochastic Contests
Journal of Mathematical Economics, May 2014
Gambling in Contests
Journal of Economic Theory, September 2013
Skorokhod Embeddings in Bounded Time
Stochastics And Dynamics, September 2011
Working Papers
Work in Progress
Accepted, Forthcoming and Published Articles
Curriculum Vitae
Click here to download a longer CV as a PDF file
Positions
- Apr. 2022 - present
- Yale University, New Haven, USA
Professor - Jul. 2019 - Apr. 2022
- Yale University, New Haven, USA
Associate Professor - Jul. 2018 - Jun. 2019
- UC Berkeley, Berkeley, USA
Associate Professor - Jul. 2014 - Jun. 2018
- UC Berkeley, Berkeley, USA
Assistant Professor - Jul. 2013 - Jul. 2014
- Microsoft Research New England, Boston, USA
Postdoctoral Researcher
Education
- 2008 - 2013
- Bonn Graduate School of Economics (BGSE), Bonn, Germany
Ph.D. in Economics supervised by Professor Paul Heidhues - 2004 - 2010
-
University of Bonn, Bonn, Germany
Diplom in Mathematics - 2004 - 2008
-
University of Bonn, Bonn, Germany
Diplom in Economics
Associate Editor
Mathematics of Operations Rearch and AEJ:MicroReferee
Econometrica, American Economic Review, Review of Economic Studies, Quarterly Journal of Economics, Journal of Political Economy, Journal of Economic Theory, Theoretical Economics, International Economic Review, Journal of the European Economic Association, American Economic Journal: Microeconomics, Economic Inquiry, Review of Labour Economics and Industrial Relations, Operations Research, Journal of Mathematical Economics, Games and Economic Behaviour, Economics and Computation, Mathematics of Operations ResearchHonors
- 2019
- Sloan Fellowship in Economics
- 2015
- 40 under 40 by Capital magazine
- 2013
- "Until the Bitter End: On Prospect Theory in the Dynamic Context" wins the SCOR/EGRIE Award
- 2012
- Scholarship of the German Federal Bank (Stipendiat der Dt. Bundesbank) 2012
- 2012
- Recipient of the first JEEA Excellence in Refereeing Award 2012
- 2008-2012
- Scholarship of the Bonn Graduate School of Economics
- 2008-2011
- PhD Scholarship of the Foundation of German Business (Stiftung der Deutschen Wirtschaft)
- 2008
- Scholarship of the Nippon Carl Duisberg Foundation financing a stay at the Takushoku University
- 2004-2008
- Scholarship of the Foundation of German Business (Stiftung der Deutschen Wirtschaft)
- 2002-2004
- FFF (Foerdern Fordern Forschen) scholarship for highly gifted scholars from the University of Bonn
Presentations
Presentations by me or a coauthor
- May 25 2018
- ITAM
A Theory of Auctions with Endogenous Valuations presented by Philipp Strack - May 24 2018
- CIDE
A Theory of Auctions with Endogenous Valuations presented by Philipp Strack - April 14 2018
- Columbia Theory Conference
A Theory of Auctions with Endogenous Valuations presented by Philipp Strack - April 13 2018
- Indiana
A Theory of Auctions with Endogenous Valuations presented by Philipp Strack - April 10 2018
- Stanford (Mechanism Design Reading Group)
A Theory of Auctions with Endogenous Valuations presented by Philipp Strack - April 6 2018
- Columbia Berkeley OR Conference
A Worst Case Analysis for Bandits presented by Philipp Strack - Mar 1 2018
- NYU
Too Proud to Stop: Regret in Dynamic Decisions presented by Philipp Strack - Jan 12 2018
- California Institute of Technology
Turning Up the Heat: The Demoralizing Effect of Competition in Contests presented by Philipp Strack - Jan 10 2018
- California Institute of Technology
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Dec 14 2017
- University of Gothenburg
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Dec 13 2017
- Norwegian School of Economics Bergen
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Dec 10 2017
- Minnesota
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Dec 4 2017
- Rice
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Dec 2 2017
- ASU Theory conference
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Oct 25 2017
- Collegio Alberto Turin
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Oct 24 2017
- Bocconi, Milan
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - 28 Sep 2017
- Berkeley Theory/Psych and Econ
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - 17 Jul 2017
- Regensburg
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - 27 Jun 2017
- Briq Bonn
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Apr 26 2017
- University of California San Diego
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Apr 10 2017
- Arizon State University
On the Speed of Social Learning presented by Philipp Strack - Dec 1 2016
- Princeton
On the Speed of Social Learning presented by Philipp Strack - Nov 29 2016
- Princeton
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Nov 21 2016
- Columbia University
Unrealistic Expectations and Misguided Learning presented by Philipp Strack - Nov 7 2016
- Duke University
On the Speed of Social Learning presented by Philipp Strack - Apr 29 2016
- Oxford
Risk-Taking in Contests - The impact of fund-manager Compensation on Investor Welfare presented by Philipp Strack - Apr 27 2016
- Warwick
Risk-Taking in Contests - The impact of fund-manager Compensation on Investor Welfare presented by Philipp Strack - Apr 26 2016
- University College London
Risk-Taking in Contests - The impact of fund-manager Compensation on Investor Welfare presented by Philipp Strack - Apr 25 2016
- University of Surrey
Risk-Taking in Contests - The impact of fund-manager Compensation on Investor Welfare presented by Philipp Strack - Apr 20 2016
- Northwestern University
Risk-Taking in Contests - The impact of fund-manager Compensation on Investor Welfare presented by Philipp Strack - Jan 23 2016
- Washington University St. Louis
Competition and Endogenous Risk-Taking in Financial Markets presented by Philipp Strack - Nov 17 2015
- University of Chicago
On the Speed of Social Learning presented by Philipp Strack - Oct 26 2015
- USC
On the Speed of Social Learning presented by Philipp Strack - Oct 26 2015
- Stanford
Competition and Endogenous Risk-Taking in Financial Markets presented by Philipp Strack - Oct 16 2015
- Simons Center Berkeley
On the Speed of Social Learning presented by Philipp Strack - Oct 1 2015
- Penn State
On the Speed of Social Learning presented by Philipp Strack - Sep 17 2015
- University of Pittsburgh
On the Speed of Social Learning presented by Philipp Strack - Sep 15 2015
- UPenn
On the Speed of Social Learning presented by Philipp Strack - Jul 15 2015
- University of Bonn
On the Speed of Social Learning presented by Philipp Strack - Jun 9 2015
- University of Jena
On the Speed of Social Learning presented by Philipp Strack - Apr 8 2015
- Stanford
Too Proud to Stop: Regret in Dynamic Decisions presented by Philipp Strack - Mar 27 2015
- University of Michigan
Too Proud to Stop: Regret in Dynamic Decisions presented by Philipp Strack - Mar 4 2015
- Santa Clara University
Too Proud to Stop: Regret in Dynamic Decisions presented by Philipp Strack - Jan 2015
- AEA Meeting Boston
Until the Bitter End: On Prospect Theory in the Dynamic Context presented by Sebastian Ebert - Jan 3 2015
- AEA Meeting Boston
Optimal Stopping with Private Information presented by Philipp Strack - Nov 18 2014
- University of Montreal
On the Speed of Social Learning presented by Philipp Strack - Nov 9 2014
- INFORMS Annual Meeting 2014, San Francisco
Revenue Maximizing Mechanisms with Strategic Customers and Unknown Demand: Name-Your-Own-Price presented by Philipp Strack - Oct 7 2014
- UC Davis
Too Proud to Stop: Regret in Dynamic Decisions presented by Philipp Strack - Sep 30 2014
- Berkeley Psych and Econ
Too Proud to Stop: Regret in Dynamic Decisions presented by Philipp Strack - Sep 4 2014
- Berkeley Risk Seminar
Competition and Endogenous Risk-Taking in Financial Markets presented by Philipp Strack - Sep 4 2014
- Harvard/MIT Theory Seminar
Stochastic Choice and Optimal Sampling presented by Philipp Strack - Sep 4 2014
- Chicago
Stochastic Choice and Optimal Sampling presented by Tomasz Strzalecki - May 11 2014
- SITE Meeting 2014, Stanford
Unrealistic Expectations and Misguided Learning presented by Botond Koszegi - May 10 2014
- SITE Meeting 2014, Stanford
Stochastic Choice and Optimal Sampling presented by Philipp Strack - May 10 2014
- POMS Conference, Altlanta
Dynamic Allocation and Learning with Strategic Arrivals presented by Philipp Strack - Apr 14 2014
- MIT Sloan Operations Management Seminar
Dynamic Allocation and Learning with Strategic Arrivals presented by Philipp Strack - Feb 12 2014
- Ludwig Maximilians University Munich, Germany
Too Proud to Stop: Regret in Dynamic Decisions presented by Paul Viefers - Jan 17 2014
- University Laval, Montreal Canada
Too Proud to Stop: Regret in Dynamic Decisions presented by Paul Viefers - Dez 12 2013
- University of Bonn
Risktaking and Financial Competition presented by Philipp Strack - 12/04/13
- Yale University
Risktaking and Financial Competition presented by Philipp Strack - Nov 11 2013
- University of Montreal
Risktaking and Financial Competition presented by Philipp Strack - Oct 23 2013
- Max Planck Institute, Bonn
Risktaking and Financial Competition presented by Philipp Strack - Sep 24 2013
- University of Pennsylvania, Philadelphia
Optimal Stopping with Private Information presented by Philipp Strack - Sep 23 2013
- Duke University
Optimal Stopping with Private Information presented by Philipp Strack - Sep 17 2013
- University of Toronto, Toronto
Optimal Stopping with Private Information presented by Philipp Strack - Sep 15 2013
- University of Texas, Austin
Optimal Stopping with Private Information presented by Philipp Strack - Aug 29 2013
- Microsoft Research New England, Boston
Dynamic Revenue Maximization: A Continuous Time Approach presented by Philipp Strack - Aug 23 2013
- MIT Applied Theory Summer Camp
Optimal Stopping with Private Information presented by Philipp Strack - Aug 16 2013
- Microsoft Research New England, Boston
Optimal Stopping with Private Information presented by Philipp Strack - Apr 25 2013
- University of Warwick, Statistics Departement
Optimal Stopping with Private Information presented by Philipp Strack - Apr 9 2013
- University of Bielefeld, Germany
Optimal Stopping with Private Information presented by Philipp Strack - Feb 11 2013
- Northwestern University, Evanston
Optimal Stopping with Private Information presented by Philipp Strack - Feb 7 2013
- University of California, Los Angeles
Optimal Stopping with Private Information presented by Philipp Strack - Feb 5 2013
- Columbia University,Business School
Optimal Stopping with Private Information presented by Philipp Strack - Feb 4 2013
- Columbia University, Economics Department
Optimal Stopping with Private Information presented by Philipp Strack - Feb 1 2013
- University of California, Berkeley
Optimal Stopping with Private Information presented by Philipp Strack - Jan 30 2013
- New York University
Optimal Stopping with Private Information presented by Philipp Strack - Jan 24 2013
- California Institute of Technology
Optimal Stopping with Private Information presented by Philipp Strack - Jan 18 2013
- Harvard University
Optimal Stopping with Private Information presented by Philipp Strack - Jan 16 2013
- University College London
Optimal Stopping with Private Information presented by Philipp Strack - Jan 15 2013
- University of Warwick
Optimal Stopping with Private Information presented by Philipp Strack - Dez 3 2012
- University of Chicago
Dynamic Revenue Maximization a Continuous Time Approach presented by Dirk Bergemann - Nov 9 2012
- European Winter Meetings of the Econometric Society 2012, Konstanz
Continuous Time Contests presented by Philipp Strack - Oct 29 2012
- University of Cologne
Until the Bitter End: On Prospect Theory in the Dynamic Context presented by Philipp Strack - Oct 16 2012
- INFORMS Annual Meeting 2012, Phoenix
Dynamic Revenue Maximization a Continuous Time Approach presented by Philipp Strack - Oct 9 2012
- Yale University
Dynamic Implementability for Optimal Stopping presented by Philipp Strack - Oct 4 2012
- University of Maastricht
Dynamic Implementability for Optimal Stopping presented by Philipp Strack - Aug 2012
- 27th Annual Congress of the European Economic Association Malaga
Until the Bitter End: On Prospect Theory in the Dynamic Context presented by Philipp Strack - Jun 20 2012
- Fourth Congress of the Game Theory Society 2012 Istanbul
Continuous Time Contests presented by Philipp Strack - May 23 2012
- Maastricht University
Continuous Time Contests presented by Christian Seel - Apr 20 2012
- Mannheim University
Strategic Experimentation with Private Payoffs presented by Philipp Strack - Feb 10 2012
- Berlin Behavioral Economics Workshop
Until the Bitter End: On Prospect Theory in the Dynamic Context presented by Philipp Strack - Feb 2 2012
- Finance Seminar, University of Bonn
Until the Bitter End: On Prospect Theory in the Dynamic Context presented by Sebastian Ebert - Jan 11 2012
- University of Bonn
How to Sell an Option presented by Philipp Strack - Sep 9 2011
- Mannheim University
Continuous Time Contests presented by Christian Seel - Sep 6 2011
- Verein fuer Sozialpolitik, Jahrestagung 2011
Gambling in Contests presented by Christian Seel - July 19 2011
- Stochastic and Real World Models Conference 2011 (Bielefeld)
Skorokhod Embeddings in Bounded Time presented by Stefan Ankirchner - July 12 2011
- International Conference on Game Theory, Stony Brook University New York
Continuous Time Contests presented by Philipp Strack - June 2011
- Philipps-University Marburg
Skorokhod Embeddings in Bounded Time presented by Stefan Ankirchner - April 27 2011
- Yale University
Continuous Time Contests presented by Philipp Strack - Feb 24 2011
- IMPACT-Workshop, Berlin University
Skorokhod Embeddings in Bounded Time presented by Stefan Ankirchner - Feb 15 2011
- Yale University
Gambling in Contests presented by Philipp Strack - Feb 2 2011
- Maastricht University
Gambling in Contests presented by Christian Seel - Jan 7 2011
- AEA Meeting Denver
Strategic Experimentation with Private Payoffs presented by Paul Heidhues - Nov 2010
- Brownbag Seminar, University of Cologne
Gambling in Dynamic Contests presented by Christian Seel - Oct 28 2010
- Brownbag Seminar, University of Frankfurt
Continuous Time Contests presented by Christian Seel - Oct 20 2010
- SFB Conference, University of Bonn
Strategic Experimentation with Private Payoffs presented by Sven Rady - Oct 10 2010
- University of Jena
Skorokhod Embeddings in Bounded Time presented by Stefan Ankirchner - Sep 11 2010
- Workshop on Stochastic Games, Erice
Gambling in Dynamic Contests presented by Christian Seel - Aug 17 2010
- World Congress of the Econometric Society 2010, Shanghai
Gambling in Dynamic Contests presented by Philipp Strack - May 11 2010
- Mathematics Department University of Bonn
Gambling in Dynamic Contests presented by Philipp Strack - Apr 21 2010
- Economics Department University of Bonn (Microworkshop)
Continuous Time Contests presented by Christian Seel - Apr 1 2010
- Yale University
Strategic Experimentation with Private Payoffs presented by Sven Rady - Mar 15 2010
- University of California, Berkeley
Strategic Experimentation with Private Payoffs presented by Paul Heidhues - Mar 19 2010
- Economics Department University of Barcelona (EDP Jamboree 2010)
Gambling in Dynamic Contests presented by Christian Seel - Dez 1 2009
- Economics Department University of Bielefeld
Gambling in Dynamic Contests presented by Christian Seel - Jul 8 2009
- Economics Department University of Bonn (Microworkshop)
Gambling in Dynamic Contests presented by Philipp Strack
Students
Former Students (First Placement, Chronological):- Ferdinand Pieroth (2025, on the job market),
- Jana Gieselmann (2025, on the job market),
- Wanying (Kate) Huang (2024, Monash University),
- Giacomo Lanzani (2023, University of California Berkeley),
- Changhyun Kwak (2023, Academia Sinica),
- Sophie Kreutzkamp (2023, University of Oxford),
- Thomas Neuber (2021, Universitat Pompeu Fabra Barcelona),
- Carl Heese (2020, University of Vienna),
- Yujie Qian (2020, Prysm Group),
- Eddie Ning (2019 Cheung Kong Graduate School of Business),
- Dong Wei (2019, University of California Santa Cruz),
- Afshin Nikzad (2018, University of Southern California),
- Andrew Joseph Schwartz (2018, University of Georgia),
CSEC Major and Office Hour
Computer Science and Economics Major
- Official Website of the CSEC major.
- Information about the CSEC major can be found here.
- You can subscribe to the CSEC mailing list here
- The guidelines for writing a senior project can be found here
- You can submit a request for an exemption here