Research
My research focuses on Behavioral Labor Economics and Organizational Economics, investigating how psychological pressure, cognitive biases, and institutional constraints shape decision-making in high-stakes environments.
Working Papers
The Negative Productivity of Strategic Flexibility: Evidence from a Natural Experiment in Football
Job Market Paper | Single Authored
Download Working Paper (PDF)
Abstract: This paper exploits an exogenous rule change in professional football to isolate the causal effect of strategic flexibility on team performance. Using an instrumental variable approach, I show that increased choice in loss frames actually reduces productivity, highlighting a novel behavioral friction in high-stakes environments.
Resilient Workers, Biased Evaluators: Disentangling Performance from Assessment
With Alexander Rieber \& Dennis Steinle
Working Paper available upon request.
Abstract: By comparing objective, algorithmic performance metrics with subjective journalist ratings during empty-stadium “ghost games,” we show that minority workers’ objective output is remarkably resilient to hostile environments. Subjective evaluators, however, systematically penalize them—a bias that disappears when the hostile crowd is removed.
Doing Less, Trying Harder: Task Scarcity and Organizational Intensification
With Alexander Rieber \& Dennis Steinle
Working Paper available upon request.
Abstract: We exploit the 2023 contraction of the French Ligue 1 from 20 to 18 teams to show that mandated reductions in work episodes can trigger severe organizational intensification. Faced with a compressed margin for error, managers consolidate playing time on core specialists, while players respond with a 31% increase in tactical aggression.
A Comment on ‘The Opportunity Cost of Debt Aversion’
With Simon Maier, Sabrina Rittinger \& Dennis Steinle
I4R Discussion Paper
Selected Work in Progress
- Debt Aversion in the Mortgage Market: Evidence from Administrative Bank Data
With Simon Maier, Sabrina Rittinger, Alexander Rieber, Stefan Schelling \& Dennis Steinle
In collaboration with a major German regional bank. - De-Biasing Debt Aversion: The Role of Choice Architecture in Financial Decisions
With Simon Maier, Sabrina Rittinger, Alexander Rieber \& Dennis Steinle
Awarded the Vernon L. Smith Young Talent Award 2026. - Drive Any Car You Want, As Long As It’s White: Car Color and Accidents in Turkmenistan
With Simon Maier - The Price of Trust: Isolating Demand Shocks Following the 737 MAX Crashes
Single Authored.
