Details about Karl H. Schlag

Homepage:	http://homepage.univie.ac.at/karl.schlag/
Phone:	+43-1-4277-37437
Postal address:	Karl Schlag Department of Economics University of Vienna Oskar-Morgenstern-Platz 1 1090 Vienna, Austria
Workplace:	Institut für Volkswirtschaftslehre (Department of Economics), Fakultät für Wirtschaftswissenschaften (Faculty of Economics), Universität Wien (University of Vienna), (more information at EDIRC)

Access statistics for papers by Karl H. Schlag.

Last updated 2024-07-04. Update your information in the RePEc Author Service.

Short-id: psc112

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Working Papers

2021

1. Compromise, Don't Optimize: Generalizing Perfect Bayesian Equilibrium to Allow for Ambiguity
   Papers, arXiv.org
   See also Journal Article Compromise, Don’t Optimize: Generalizing Perfect Bayesian Equilibrium to Allow for Ambiguity, Journal of Political Economy Microeconomics, University of Chicago Press (2024) (2024)

2020

2. Robust Sequential Search
   Papers, arXiv.org
   See also Journal Article Robust sequential search, Theoretical Economics, Econometric Society (2021) View citations (2) (2021)
3. Simple Belief Elicitation: an experimental evaluation
   MPRA Paper, University Library of Munich, Germany View citations (2)
   See also Journal Article Simple belief elicitation: An experimental evaluation, Journal of Risk and Uncertainty, Springer (2021) View citations (8) (2021)

2018

4. How to Play Out of Equilibrium: Beating the Average
   VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy, Verein für Socialpolitik / German Economic Association

2017

5. Finite Horizon Holdup and How to Cross the River
   VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association
   Also in Vienna Economics Papers, University of Vienna, Department of Economics (2017)
6. Robust Bidding in First-Price Auctions: How to Bid without Knowing what Otheres are Doing
   Vienna Economics Papers, University of Vienna, Department of Economics View citations (4)
   See also Journal Article Robust Bidding in First-Price Auctions: How to Bid Without Knowing What Others Are Doing, Management Science, INFORMS (2024) (2024)

2016

7. Dynamic Benchmark Targeting
   Working Papers, Business School - Economics, University of Glasgow View citations (2)
   See also Journal Article Dynamic benchmark targeting, Journal of Economic Theory, Elsevier (2017) View citations (3) (2017)

2015

8. Believing when Credible: Talking about Future Plans and Past Actions
   Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich View citations (1)
9. Who gives Direction to Statistical Testing? Best Practice meets Mathematically Correct Tests
   Vienna Economics Papers, University of Vienna, Department of Economics View citations (7)

2014

10. A Penny for your Thoughts: A Survey of Methods of Eliciting Beliefs
    Vienna Economics Papers, University of Vienna, Department of Economics View citations (10)
    See also Journal Article A penny for your thoughts: a survey of methods for eliciting beliefs, Experimental Economics, Springer (2015) View citations (126) (2015)
11. Believing when Credible: Talking about Future Plans
    Vienna Economics Papers, University of Vienna, Department of Economics

2013

12. Commitments, Intentions, Truth and Nash Equilibria
    Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich View citations (8)
13. Finite-sample exact tests for linear regressions with bounded dependent variables
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (4)
    Also in Post-Print, HAL (2013) View citations (2)
    See also Journal Article Finite-sample exact tests for linear regressions with bounded dependent variables, Journal of Econometrics, Elsevier (2013) View citations (4) (2013)
14. Sanctions that signal: An experiment
    SciencePo Working papers Main, HAL View citations (2)
    Also in Vienna Economics Papers, University of Vienna, Department of Economics (2011)
    Post-Print, HAL (2013) View citations (22)
    See also Journal Article Sanctions that signal: An experiment, Journal of Economic Behavior & Organization, Elsevier (2013) View citations (28) (2013)

2012

15. Finite Sample Exact tests for Linear
    Vienna Economics Papers, University of Vienna, Department of Economics
16. Simple Belief Elicitation
    Vienna Economics Papers, University of Vienna, Department of Economics

2010

17. Cheap Talk and Evolutionary Dynamics
    Levine's Working Paper Archive, David K. Levine View citations (15)
18. Finite sample nonparametric tests for linear regressions
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
19. On the Impossibility of Regret Minimization in Repeated Games
    Working Papers, Queen Mary University of London, School of Economics and Finance
20. Similarities and Differences when Building Trust: the Role of Cultures
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (62)
    See also Journal Article Similarities and differences when building trust: the role of cultures, Experimental Economics, Springer (2010) View citations (64) (2010)
21. Why Imitate, and if so, How? Exploring a Model of Social Evolution
    Levine's Working Paper Archive, David K. Levine View citations (11)

2009

22. Can Sanctions Induce Pessimism? An Experiment
    Labsi Experimental Economics Laboratory University of Siena, University of Siena View citations (7)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2009) View citations (7)
23. Decision Making in Uncertain and Changing Environments
    Levine's Working Paper Archive, David K. Levine View citations (1)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2009) View citations (1)
    Discussion Papers, Kyiv School of Economics (2009) View citations (1)
24. Efficient interval scoring rules
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (13)
25. From Ordients to Optimization: Substitution Effects without Differentiability
    Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester
26. Implementation in Minimax Regret Equilibrium
    Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (2)
    See also Journal Article Implementation in minimax regret equilibrium, Games and Economic Behavior, Elsevier (2011) View citations (22) (2011)

2008

27. A new method for constructing exact tests without making any assumptions
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (26)
28. Bringing game theory to hypothesis testing: Establishing finite sample bounds on inference
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (1)
29. Exact tests for correlation and for the slope in simple linear regressions without making assumptions
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (2)
30. Minimax regret and strategic uncertainty
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (1)
    See also Journal Article Minimax regret and strategic uncertainty, Journal of Economic Theory, Elsevier (2010) View citations (29) (2010)
31. Robust Monopoly Pricing
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)
    Also in Levine's Bibliography, UCLA Department of Economics (2007) View citations (6)
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2007) View citations (17)
    See also Chapter Robust Monopoly Pricing, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2012) (2012)
    Journal Article Robust monopoly pricing, Journal of Economic Theory, Elsevier (2011) View citations (69) (2011)

2007

32. Distribution-Free Learning
    Economics Working Papers, European University Institute
33. How to Attain Minimax Risk with Applications to Distribution-Free Nonparametric Estimation and Testing
    Economics Working Papers, European University Institute View citations (2)
34. Pricing without Priors
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (8)
    Also in Levine's Bibliography, UCLA Department of Economics (2007)
    See also Journal Article Pricing without Priors, Journal of the European Economic Association, MIT Press (2008) View citations (67) (2008)
    Chapter Pricing Without Priors, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2012) (2012)

2006

35. An Evolutionary Theory of Inflation Inertia
    Economics Working Papers, European University Institute
    Also in Working Papers, FEDEA (2006) View citations (1)
    See also Journal Article An Evolutionary Theory of Inflation Inertia, Journal of the European Economic Association, MIT Press (2007) View citations (14) (2007)
36. Designing Non-Parametric Estimates and Tests for Means
    Economics Working Papers, European University Institute View citations (4)
37. ELEVEN - Tests needed for a Recommendation
    Economics Working Papers, European University Institute View citations (14)

2005

38. Robust Monopoly Pricing: The Case of Regret
    Economics Working Papers, European University Institute View citations (11)

2004

39. How do People Play a Repeated Trust Game? Experimental Evidence
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim View citations (5)
    Also in Papers, Sonderforschungsbreich 504 (2004) View citations (4)
40. Trust and Trustworthiness Among Europeans: South-North Comparison
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)

2001

41. On the Evolutionary Selection of Nash Equilibrium Components
    Discussion Papers, University of Exeter, Department of Economics View citations (1)

2000

42. The Impact of Selling Information on Competition
    Economics Working Papers, European University Institute
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000)

1999

43. Communication, coordination and efficiency in evolutionary one-population models
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (4)

1997

44. An Evolutionary Analysis of Bagwell's Example
    Game Theory and Information, University Library of Munich, Germany View citations (6)
45. Loss of Commitment? An Evolutionary Analysis of Bagwell’s Example
    Levine's Working Paper Archive, David K. Levine View citations (3)
    Also in SFB 373 Discussion Papers, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes (1997) View citations (2)
46. You play (an action) only once
    Papers, Sonderforschungsbreich 504
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (1997)
    See also Journal Article You play (an action) only once, Economics Letters, Elsevier (1998) View citations (1) (1998)

1991

47. Bounded Perception and Learning how to Decide
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science

1990

48. Evolutionary Stability in Games with Equivalent Strategies
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)

Undated

49. On the Evolution of Imitative Behavior
    ELSE working papers, ESRC Centre on Economics Learning and Social Evolution View citations (3)
50. The Dynamic (In)Stability of Backwards Induction
    ELSE working papers, ESRC Centre on Economics Learning and Social Evolution View citations (7)
    See also Journal Article The Dynamic (In)Stability of Backwards Induction, Journal of Economic Theory, Elsevier (1998) View citations (29) (1998)
51. When Does Evolution Lead to Efficiency in Communication Games?
    ELSE working papers, ESRC Centre on Economics Learning and Social Evolution View citations (17)
52. Why Imitate, and if so, How? A Bounded Rational Approach to Multi- Armed Bandits
    ELSE working papers, ESRC Centre on Economics Learning and Social Evolution View citations (276)
    See also Journal Article Why Imitate, and If So, How?,: A Boundedly Rational Approach to Multi-armed Bandits, Journal of Economic Theory, Elsevier (1998) View citations (329) (1998)

Journal Articles

2024

1. Compromise, Don’t Optimize: Generalizing Perfect Bayesian Equilibrium to Allow for Ambiguity
   Journal of Political Economy Microeconomics, 2024, 2, (1), 77 - 128
   See also Working Paper Compromise, Don't Optimize: Generalizing Perfect Bayesian Equilibrium to Allow for Ambiguity, Papers (2021) (2021)
2. Robust Bidding in First-Price Auctions: How to Bid Without Knowing What Others Are Doing
   Management Science, 2024, 70, (7), 4219-4235
   See also Working Paper Robust Bidding in First-Price Auctions: How to Bid without Knowing what Otheres are Doing, Vienna Economics Papers (2017) View citations (4) (2017)

2022

3. Social Learning between Groups: Imitation and the Role of Experience
   Games, 2022, 13, (5), 1-14

2021

4. Believing when credible: talking about future intentions and past actions
   International Journal of Game Theory, 2021, 50, (4), 867-889
5. Robust sequential search
   Theoretical Economics, 2021, 16, (4) View citations (2)
   See also Working Paper Robust Sequential Search, Papers (2020) (2020)
6. Simple belief elicitation: An experimental evaluation
   Journal of Risk and Uncertainty, 2021, 62, (2), 137-155 View citations (8)
   See also Working Paper Simple Belief Elicitation: an experimental evaluation, MPRA Paper (2020) View citations (2) (2020)

2020

7. Split it up to create incentives: Investment, public goods and crossing the river
   Journal of Economic Theory, 2020, 189, (C)

2019

8. INEQUALITY AVERSION CAUSES EQUAL OR UNEQUAL DIVISION IN ALTERNATING‐OFFER BARGAINING
   Bulletin of Economic Research, 2019, 71, (1), 47-57 View citations (2)

2017

9. Dynamic benchmark targeting
   Journal of Economic Theory, 2017, 169, (C), 145-169 View citations (3)
   See also Working Paper Dynamic Benchmark Targeting, Working Papers (2016) View citations (2) (2016)

2015

10. A method to elicit beliefs as most likely intervals
    Judgment and Decision Making, 2015, 10, (5), 456-468
11. A penny for your thoughts: a survey of methods for eliciting beliefs
    Experimental Economics, 2015, 18, (3), 457-490 View citations (126)
    See also Working Paper A Penny for your Thoughts: A Survey of Methods of Eliciting Beliefs, Vienna Economics Papers (2014) View citations (10) (2014)

2014

12. Ordients: Optimization and comparative statics without utility functions
    Journal of Economic Theory, 2014, 154, (C), 612-632 View citations (3)

2013

13. Finite-sample exact tests for linear regressions with bounded dependent variables
    Journal of Econometrics, 2013, 177, (1), 75-84 View citations (4)
    See also Working Paper Finite-sample exact tests for linear regressions with bounded dependent variables, PSE-Ecole d'économie de Paris (Postprint) (2013) View citations (4) (2013)
14. Sanctions that signal: An experiment
    Journal of Economic Behavior & Organization, 2013, 94, (C), 34-51 View citations (28)
    See also Working Paper Sanctions that signal: An experiment, SciencePo Working papers Main (2013) View citations (2) (2013)

2012

15. On the impossibility of achieving no regrets in repeated games
    Journal of Economic Behavior & Organization, 2012, 81, (1), 153-158 View citations (4)

2011

16. Implementation in minimax regret equilibrium
    Games and Economic Behavior, 2011, 71, (2), 527-533 View citations (22)
    See also Working Paper Implementation in Minimax Regret Equilibrium, Discussion Papers in Economics (2009) View citations (2) (2009)
17. Robust monopoly pricing
    Journal of Economic Theory, 2011, 146, (6), 2527-2543 View citations (69)
    See also Working Paper Robust Monopoly Pricing, Cowles Foundation Discussion Papers (2008) View citations (1) (2008)
    Chapter Robust Monopoly Pricing, World Scientific Book Chapters, 2012, 417-441 (2012) (2012)

2010

18. Decision makers facing uncertainty: Theory versus evidence
    Journal of Economic Psychology, 2010, 31, (4), 659-675 View citations (4)
19. Minimax regret and strategic uncertainty
    Journal of Economic Theory, 2010, 145, (1), 264-286 View citations (29)
    See also Working Paper Minimax regret and strategic uncertainty, Economics Working Papers (2008) View citations (1) (2008)
20. Similarities and differences when building trust: the role of cultures
    Experimental Economics, 2010, 13, (3), 260-283 View citations (64)
    See also Working Paper Similarities and Differences when Building Trust: the Role of Cultures, CEPR Discussion Papers (2010) View citations (62) (2010)

2009

21. Choice under complete uncertainty when outcome spaces are state dependent
    Theory and Decision, 2009, 66, (1), 1-16 View citations (11)

2008

22. Pricing without Priors
    Journal of the European Economic Association, 2008, 6, (2-3), 560-569 View citations (67)
    See also Working Paper Pricing without Priors, Cowles Foundation Discussion Papers (2007) View citations (8) (2007)
    Chapter Pricing Without Priors, World Scientific Book Chapters, 2012, 405-415 (2012) (2012)

2007

23. An Evolutionary Theory of Inflation Inertia
    Journal of the European Economic Association, 2007, 5, (2-3), 433-443 View citations (14)
    See also Working Paper An Evolutionary Theory of Inflation Inertia, Economics Working Papers (2006) (2006)
24. On the evolutionary selection of sets of Nash equilibria
    Journal of Economic Theory, 2007, 133, (1), 295-315 View citations (18)

2003

25. Evolutionary insights on the willingness to communicate
    International Journal of Game Theory, 2003, 31, (4), 511-526 View citations (15)

2001

26. Evolutionarily stable sets
    International Journal of Game Theory, 2001, 29, (4), 571-595 View citations (29)

2000

27. DOES NOISE UNDERMINE THE FIRST-MOVER ADVANTAGE? AN EVOLUTIONARY ANALYSIS OF BAGWELL'S EXAMPLE
    International Game Theory Review (IGTR), 2000, 02, (01), 83-96 View citations (1)
28. Sophisticated imitation in cyclic games
    Journal of Evolutionary Economics, 2000, 10, (5), 523-543 View citations (15)

1999

29. SOCIAL ROLES AS AN EFFECTIVE LEARNING MECHANISM
    Rationality and Society, 1999, 11, (4), 371-397 View citations (2)
30. Which one should I imitate?
    Journal of Mathematical Economics, 1999, 31, (4), 493-522 View citations (88)

1998

31. The Dynamic (In)Stability of Backwards Induction
    Journal of Economic Theory, 1998, 83, (2), 260-285 View citations (29)
    See also Working Paper The Dynamic (In)Stability of Backwards Induction, ELSE working papers View citations (7)
32. Why Imitate, and If So, How?,: A Boundedly Rational Approach to Multi-armed Bandits
    Journal of Economic Theory, 1998, 78, (1), 130-156 View citations (329)
    See also Working Paper Why Imitate, and if so, How? A Bounded Rational Approach to Multi- Armed Bandits, ELSE working papers View citations (276)
33. You play (an action) only once
    Economics Letters, 1998, 59, (3), 299-303 View citations (1)
    See also Working Paper You play (an action) only once, Papers (1997) (1997)

Chapters

2012

1. Pricing Without Priors
   Chapter 12 in Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, 2012, pp 405-415
   See also Journal Article Pricing without Priors, MIT Press (2008) View citations (67) (2008)
   Working Paper Pricing without Priors, Cowles Foundation for Research in Economics, Yale University (2007) View citations (8) (2007)
2. Robust Monopoly Pricing
   Chapter 13 in Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, 2012, pp 417-441
   See also Journal Article Robust monopoly pricing, Elsevier (2011) View citations (69) (2011)
   Working Paper Robust Monopoly Pricing, Cowles Foundation for Research in Economics, Yale University (2008) View citations (1) (2008)