You are here: Home → Team → Board of Directors → Armin Falk

Prof. Dr. Armin Falk

Falk_Armin_web

 

Contact Information

Center for Economics and Neuroscience
Zentrale wissenschaftliche Einrichtung der Universität Bonn
Nachtigallenweg 86
53127 Bonn
Tel: +49 228 73-8294 or +49 228 73-9240 (secretariat)
Fax: +49 228 73-8299

Office hours by arrangement via email

 

back to top

Affiliations

Institute for New Economic Thinking

Institute for Empirical Research in Economics Director

BonnEconLab Director

IZA Program Director

CEPR Research Fellow

CESifo Fellow

MacArthur Research Network on Norms and Preferences

 

back to top

Main Research Interests

  • Behavioral Economics
  • Neuroeconomics
  • Experimental Economics

 

back to top

Curriculum Vitae

Download full CV

 

back to top

Working Papers

Cardiovascular Consequences of Unfair Pay (with Ingo Menrath, Pablo Emilio Verde and Johannes Siegrist). pdf

Contractual Incompleteness, Unemployment, and Labor Market Segmentation (with Steffen Altmann, Andreas Grunewald and David Huffman). pdf

Do I Have What It Takes? Equilibrium Search with Type Uncertainty and Non-Participation, IZA DP 2531 (with David Huffman and Uwe Sunde). pdf

Dynamic Inconsistency Predicts Self-Control Problems in Humans (with Thomas Dohmen, David Huffman and Uwe Sunde). 

Fairness and Unemployment (with Ernst Fehr).

Institutions and Contract Enforcement, IZA DP 3435 (with David Huffman and Bentley MacLeod). pdf

Institutions and Market Performance (with David Huffman and Bentley MacLeod). 
 
Interpreting Time Horizon Effects in Inter-Temporal Choice (with Thomas Dohmen, David Huffman and Uwe Sunde).
 

Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment, IZA DP 2275 (with Thomas Dohmen, David Huffman and Uwe Sunde). pdf

Self-Confidence and Search, IZA DP 2525 (with David Huffman and Uwe Sunde).The Non-Use of Bayes' Rule: Representative Evidence on Bounded Rationality (with Thomas Dohmen, David Huffman, Uwe Sunde and Felix Marklein). pdf

The Power and Limits of Tournament Incentives (with Ernst Fehr and David Huffman). pdf
 
Truth-telling - A Representative Assessment (with Johannes Abeler and Anke Becker). pdf
 
 

back to top

Publications

Publications in International Journals

Morals and Markets, Science, 2013, 340, 707-711 (with Nora Szech). pdf
 

A City-Wide Experiment on Trust Discrimination, forthcoming in Journal of Public Economics (with Christian Zehnder).

A Taste for Consistency and Survey Response Behavior, forthcoming in CESifo Economic Studies (with Florian Zimmermann). pdf

Competition and Relational Contracts: The Role of Unemployment as a Disciplinary Device, forthcoming in Journal of the European Economic Association (with Martin Brown and Ernst Fehr).

Do Lab Experiments Misrepresent Social Preferences? The case of self-selected student samples, forthcoming in Journal of the European Economic Association (with Stephan Meier and Christian Zehnder). pdf

No evidence for an effect of testosterone administration on delay discounting in male university students, forthcoming in Psychoneuroendocrinology (with Georgia Rada Ortner, Matthias Wibral, Anke Becker, Thomas Dohmen, Dietrich Klingmüller, Bernd Weber).

Validating an Ultra-Shot Survey Measure of Patience, forthcoming in Economics Letters (with Uwe Sunde, Thomas Vischer, Thomas Dohmen, David Huffman, Jürgen Schupp and Gert G. Wagner).
 
You get what you pay for: Incentives and Selection in the Education System, forthcoming in Economic Journal (with Thomas Dohmen).
 
Living in two neighborhoods - Social Interaction Effects in the laboratory, Economic Inquiry, 2013, 51(1), 563–578 (with Urs Fischbacher and Simon Gächter). pdf
 
Effort increases sensitivity to reward and loss magnitude in the human brain, Social cognitive and affective neuroscience, 2012 (with Julien Hernandez Lallement, Katarina Kuss, Peter Trautner, Bernd Weber, Klaus Fliessbach).
 
It's all about connections. Evidence on network formation, Review of Network Economics, 2012, 11(3) (with Michael Kosfeld).
 
Neural responses to advantageous and disadvantageous inequity, Frontiers in Human Neuroscience, 2012, 6(165) (with Klaus Fliessbach, Courtney B. Philipps, Peter Trautner, Marieke Schnabel, Christian E. Elger, and Bernd Weber).
 
The Relationship between Economic Preferences and Psychological Personality Measures, Annual Review of Economics, 2012 (with Anke Becker, Thomas Deckers, Thomas Dohmen, Fabian Kosse). pdf
 
The Intergenerational Transmission of Risk and Trust Attitudes, Review of Economic Studies, 2012, 79(2), 645-677 (with Thomas Dohmen, David Huffman and Uwe Sunde). pdf
 
Testosterone Administration Reduces Lying in Men, PLoS ONE, 2012, 7(10) (with Matthias Wibral, Thomas Dohmen, Dietrich Klingmüller, Bernd Weber). pdf
 
A reward prediction error for charitable donations reveals outcome orientation of donators, Social cognitive and affective neuroscience, 2011 (with Kuss, K., Trautner, P., Elger, C. E., Weber, B., & Fliessbach, K.). pdf
 
Individual Risk Attitudes: Measurement, Determinants and Behavioral Consequences, JEEA, 2011, 9(3) (with Thomas Dohmen, David Huffman, Uwe Sunde, Jürgen Schupp, and Gert G. Wagner). pdf
 
Performance Pay and Multi-dimensional Sorting - Productivity, Preferences and Gender, American Economic Review, 2011, 101(2), 556-590 (with Thomas Dohmen).
 
Reference-Dependent Preferences and Effort Provision, American Economic Review, 2011, 101(2), 470-492 (with Johannes Abeler, Lorenz Götte and David Huffman).
 
Relative versus absolute income, joy of winning, and gender: Brain imaging evidence, Journal of Public Economics, 2011, 95, 279-285 (with Thomas Dohmen, Klaus Fliessbach, Uwe Sunder, and Bernd Weber).
 
The IZA Evaluation Dataset: Towards Evidence-Based Labor Policy-Making, International Journal of Manpower, 2011, 32(7), 731-752 (with Marco Caliendo, Lutz C. Kaiser, Hilmar Schneider, Arne Uhlendorff, Gerad J. van den Berg, Klaus F. Zimmermann).
 
Unemployment and Right-Wing Extremist Crime (IZA DP 1540), Scandinavian Journal of Economics, 2011, 113(2), 260-285 (with Andreas Kuhn and Josef Zweimüller). pdf
 
Are Risk Aversion and Impatience Related to Cognitive Ability?, American Economic Review 2010, (100), 1238–1260 (with Thomas Dohmen, David Huffman and Uwe Sunde). pdf

Collecting Genetic Samples in Population Wide (Panel) Surveys: "Feasibility, Nonresponse and Selectivity." Survey Research Methods, 2010, (4), 121-126 (with Matthias Schonlau, Martin Reuter, Thomas Dohmen, Juergen Schupp, Christian Montag, Bernd Weber, Nico A. Siegel, Uwe Sunde, Gert G. Wagner).
 
Direct Evidence on Risk Attitudes and Migration, Review of Economics and Statistics, 2010, 92(3), 648-689 (with David A. Jaeger, Thomas Dohmen, David Huffman, Uwe Sunde). pdf
 
Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample, Journal of Economic Behavior & Organization, 2009, 72, 903-915 (with Thomas Dohmen, David Huffman, Felix Marklein, and Uwe Sunde).
 
Homo Reciprocans: Survey Evidence on Behavioral Outcomes, Economic Journal, 2009, (119), 592-612 (with Thomas Dohmen, David Huffman and Uwe Sunde). pdf
 
Lab Experiments Are a Major Source of Knowledge in the Social Sciences, Science, 2009, 326(5952), 535-538 (with James. J. Heckman).
 
The medial prefrontal cortex exhibits money illusion, PNAS, 2009, 106(13), 5025–5028 (with Bernd Weber, Antonio Rangel and Matthias Wibral). pdf

Experimental Labor Economics: The New Palgrave Dictionary of Economics, second Edition, Palgrave Macmillan, 2008 (with Simon Gächter).
 

Promotions and incentives: The Case of Multi-Stage Elimination Tournaments (IZA DP 3835), 2008 (with Steffen Altmann and Matthias Wibral). pdf

Representative Trust and Reciprocity: Prevalence and Determinants, Economic Inquiry, 2008, 46(1), 84–90 (with Thomas Dohmen, David Huffmann and Uwe Sunde). pdf

Testing Theories of Fairness - Intentions Matter, (Working Paper No. 63) University of Zurich 2000, Games and Economic Behavior, 2008, (62), 287-303 (with Ernst Fehr and Urs Fischbacher).

Cross-sectional Earnings Risk and Occupational Sorting: The Role of Risk Attitudes (IZA DP 1930): Labour Economics, 2007, 14(6), 926-937 (with Holger Bonin, Thomas Dohmen, David Huffman and Uwe Sunde). pdf

Gift-Exchange in the Field, Econometrica, 2007, 75(5), 1501-1511.

Social Comparison Affects Reward-Related Brain Activity in the Human Ventral Striatum, Science, 2007, 318(5854), 1305-1308 (with K. Fliessbach, B. Weber, P. Trautner, T. Dohmen, U. Sunde, C. E. Elger). pdf
 
Studying Labor Market Institutions in the Lab: Minimum Wages, Employment Protection and Workfare, Journal of Theoretical and Institutional Economics, 2007, 163(1), 30-45 (with David Huffman). pdf

A Theory of Reciprocity, Games and Economic Behavior, 2006, 54(2), 293-315 (with Urs Fischbacher). pdf
 
Clean Evidence on Peer Effects, Journal of Labor Economics, 2006, 24(1), 39-57 (with Andrea Ichino). pdf
 
Distrust - The Hidden Cost of Control, American Economic Review, 2006, 96(5), 1611-1630 (with Michael Kosfeld). pdf
 
Fairness Perceptions and Reservation Wages - The Behavioral Effects of Minimum Wage Laws, Quarterly Journal of Economics, 2006, 121(4), 1347-1381 (with Ernst Fehr and Christian Zehnder). pdf
 
How To Do Empirical Economics, Investigaciones Económicas, 2006, 30(2), 179-206 (with Francis Kramarz, Joshua D. Angrist, David M. Blau, Jean-Marc Robin and Christopher Taber). pdf

Driving Forces Behind Informal Sanctions, Econometrica, 2005, 7(6), 2017-2030 (with Ernst Fehr and Urs Fischbacher). pdf
 
The Success of Job Applications: A New Approach to Program Evaluation, Labour Economics, 2005, 12(6), 739-748 (with Rafael Lalive and Josef Zweimüller). pdf

Choosing the Joneses: Endogenous Goals and Reference Standards , Scandinavian Journal of Economics, 2004, 106(3), 417-435 (with Markus Keller). pdf
 
Relational Contracts and the Nature of Market Interactions, Econometrica, 2004, (72), 747-780, (with Martin Brown and Ernst Fehr).

On the Nature of Fair Behavior, Economic Inquiry, 2003, 41(1), 20-26 (with Ernst Fehr and Urs Fischbacher).

Reasons for Conflict - Lessons from Bargaining Experiments, Journal of Institutional and Theoretical Economics, 2003, 159(1), 171-187 (with Ernst Fehr and Urs Fischbacher).

Why Labour Market Experiments?, Labour Economics, 2003, (10), 399-406 (with Ernst Fehr). pdf

"Crime" in the Lab - Detecting Social Interaction, European Economic Review, 2002, (46), 859-869 (with Urs Fischbacher).

Psychological Foundations of Incentives, European Economic Review, 2002, (46), 687-724 (with Ernst Fehr). pdf
 
Reputation and Reciprocity - Consequences for the Labour Relation, Scandinavian Journal of Economics, 2002, (104), 1-26 (with Simon Gächter). pdf
 
Distributional Consequences and Intentions in a Model of Reciprocity, Annales d'Economie et de Statistique, 2001, (63-64), 112-129 (with Urs Fischbacher).

Intrinsic Motivation and Extrinsic Incentives in a Repeated Game with Incomplete Contracts, Journal of Economic Psychology, 1999, (20), 351-284 (with Simon Gächter and Judit Kovacs).
 
Wage Rigidities in a Competitive Incomplete Contract Market, Journal of Political Economy, 1999, (107), 106-134 (with Ernst Fehr).
 
 
Publications in International (Refereed) Books
 
Reciprocity in Experimental Markets, forthcoming in: Handbook of Experimental Economics Results, ed. by C.R. Plott and V.L. Smith (Eds.), North Holland/Elsevier Press (with Ernst Fehr).
 
Modelling Strong Reciprocity, Moral Sentiments and Material Interests - The Foundations of Economic Life, ed. by Herbert Gintis, Samuel Bowles, Robert Boyd and Ernst Fehr, The MIT Press (2005), 193-214 (with Urs Fischbacher).
 
Appropriating the Commons - A Theoretical Explanation, The Drama of the Commons, ed. by Elinor Ostrom, Thomas Dietz, Nives Dolsak, Paul Stern, Susan Stonich and Elke Weber, National Academy Press, Washington, DC (2002), 157-192 (with Ernst Fehr and Urs Fischbacher).
 
Reciprocal Fairness, Cooperation and Limits to Competition, Intersubjectivity in Economics, Work Motivation, Institutions, and Performance, Experimental Business Research, ed. by Rami Zwick and Annon Rapoport, Kluwer Academic Publishers (2002), 351-372 (with Simon Gächter).
 
The Economics of Reciprocity - Theory and Evidence, Inequality Around the World, ed. by Richard Freeman, Palgrave (2002), 207-233 (with Urs Fischbacher).
 
Why Firms Refuse to Hire Underbidders, The Unemployment Debate: Current Issues, ed. by Peter de Gijsel, Ralph Olthoff and Thomas Zwick, Metropolis Verlag, Marburg (2000), 125-154 (with Simon Gächter).
 
 

Publications in German Journals and Books

Eingeschränkt rationales Verhalten: Evidenz und Implikationen, H. Fleischer and D. Zimmer (Hrsg.), Beitrag der Verhaltens­ökonomie (Behavioral Economics) zum Handels- und Wirtschaftsrecht, Beihefte der Zeitschrift für das gesamte Handelsrecht und Wirtschaftsrecht, 2011, (75), 63-82 (with S. Altmann and F. Marklein).

Benachteiligungen wegen mangelnden Vertrauens? Eine experimentelle Studie zur Arbeitsmarktintegration von Strafgefangenen, Monatsschrift für Kriminologie und Strafrechtsreform, 2009, (6), 526-546 (with Gari Walkowitz and Wolfgang Wirth).

Kontrolliert und repräsentativ: Beispiele zur Komplementarität von Labor- und Felddaten, Perspektiven der Wirtschaftspolitik, 2009, (10) (Special Issue): 54–74 (with Thomas Dohmen and Uwe Sunde).

Homo Oeconomicus Versus Homo Reciprocans: Ansätze für ein Neues Wirtschaftspolitisches Leitbild?, Perspektiven der Wirtschaftspolitik, 2003, 4 (3), 141-172.

Intentionen - Wider das konsequentialistische Weltbild in der Ökonomik, Experimentelle Wirtschaftsforschung (Normative und institutionelle Grundfragen der Ökonomik, Jahrbuch), ed. by R. Sturn, M. Held, G. Kubon-Gilke, G. Metropolis-Verlag, Marburg/Lahn, 2003, 69-85.

Eigennutz kontra Reziprozität: Befunde und Implikationen, Wirtschaft und Gesellschaft, 2002, (28), 383-401.

Fairnessinduzierte Arbeitslosigkeit auf einem experimentellen Arbeitsmarkt, Europäische Arbeitsmärkte und Arbeitsmarkttheorie, Beiträge zur Arbeits- und Berufsforschung BeitrAB 254, hrsg. von Uwe Blien und Joachim Möller, 2002, 77-90.

Reziprozität und Sozialkapital, Universitas, 2002, (57),  936-946.

Experimentelle Wirtschaftsforschung und Wirtschaftspolitik, Aspekte der schweizerischen Wirtschaftspolitik, ed. by J. Furrer and Bruno Gehrig, Verlag Rüegger, Chur and Zurich, 2001 (with Simon Gächter).

Wirtschaftswissenschaftliche Experimente: Homo Oeconomicus auf dem Prüfstand, Wirtschaftsdienst 81, 2001, 300-304.

Experimentelle Wirtschaftsforschung, Wirtschaftswissenschaftliches Studium 6, 26. Jahrgang, 1997 (with Jean-Robert Tyran).

Diskursverfahren: Liebe auch auf den zweiten Blick?, Analyse und Kritik 2, 18. Jahrgang, 1996 (with Felix Oberholzer-Gee, Isabelle Vautravers-Busenhart and Jürg de Spindler).
 

back to top

Teaching

 Courses

  • Microeconomics and game theory
  • Theory of the firm and the labor market
  • Reputation and property rights
  • Management and economics
  • Experimental Economics
  • Behavioral Labor Economics
  • Empirical Measurement of Preferences
  • Neuroeconomics

 

back to top

Press Releases and Articles

 

Read more...

 

back to top

Document Actions
« May 2013 »
May
MoTuWeThFrSaSu
12345
6789101112
13141516171819
20212223242526
2728293031