Faculty of Business, Economics and Statistics

Research Achievements 2019

Faculty of Business, Economics and Statistics 19This report includes all our research achievements of the calendar year 2019 CONTENT IMPRINT 03 Our Research Themes Copyright University of Vienna 04 Publications Faculty of Business, Economics and Statistics 17 Editorial Work Oskar-Morgenstern-Platz 1, 20 Externally Funded Research Projects 1090 Wien, Austria wirtschaftswissenschaften.univie.ac.at 29 Dissemination of Research Publishers 61 Citation-Based Ranking Hautsch, Nikolaus Kittel, Bernhard Schaffhauser-Linzatti, Michaela Kinast, Kurt

Editors Stelzer, Vera Carli, Lisa

Layout & Design Schraffl, Anita

Photo Credits Mair, Barbara Our Research Themes

The faculty has developed five research themes that overcome the limitations of disciplines and bring together ideas and projects from different fields.

Changing Markets and Institutions (CMI) Human Behavior and the Economy (HBE)

Transaction costs – costs caused by the exchange of goods Human behavior in economic decision-making lies at the and services in economic systems – are as important as costs core of this research theme. In order to make predictions caused by the production of those goods and services. Efficient with business and economic models, it is crucial to make coordination of transactions in markets and companies by assumptions about human behavior. In experimental institutional design constantly offers new challenges for economics, on the other hand, these assumptions and states as well as for companies within an unwavering, further models are put to the test. The interplay between theoretical intensifying, global competition. Digitalization of economic and experimental approaches allows for a more realistic processes does not only change the scale (Big Data) but also model regarding human decision-making. The results of this the matter of economic transactions. Economic analysis and research today are the foundation for its application in nearly applications deal with effectiveness of market imperfections all disciplines of our faculty, ranging from analysis of economic and its control by governance structures and contractual and regulation policies and behavioral finance to solving incentive systems. business issues f. e. in marketing, strategy, organization, personnel and economic sociology. Corporate Strategies and Processes (CSP) Management of Resources (MR) Modern companies put an end to the traditional separation of strategy development by market and environment analysis Resources – natural, human, financial and informational and organization development regarding the design of resources – are the basic input of economic activity. Their internal processes. It is replaced by strategic management availability or shortage determine growth and development. that, as a process, coordinates corporate structures and Asymmetries in their distribution and privatization caused by value-adding processes and orientates itself on rapidly economic parties triggers strategic behavior. Management of changing environmental conditions and internationality. resources aims at the efficient use of resources in economic Besides strategic management in particular, this addresses systems, on a societal as well as corporate level. Economic also technology and innovations management, supply chain analyses and contributions focus on growth and development and operations management as well as – caused by the of regions, sustainable environmental and energy policies and advancement of digitalization and availability of Big Data – management, production and logistics within value-added- Business Analytics. Evidently all other business disciplines chains, design of educational and training systems as well as make a contribution as well as some economic disciplines, efficient information systems and their management. such as industrial organization, labor economics and interdisciplinary approaches such as cooperative economics and Share Economy. Data Science and Analytics (DSA)

In times of availability of Big Data of nearly all societal domains and with increasing complexity of this Data (“High Dimensional Data”) the development of suitable statistical methods, algorithms and appropriate optimization methods is more urgent and important than ever. Demand for academically trained specialists in Data Science and Analytics on national and international job markets is high. This results in challenges for the application field as well as for the latest methodological developments in statistics (analysis of high dimensional and heterogenic data, modelling, model selection and inference), Operations Research (optimization and modelling) and quantitative and computer-assisted economics (Business Analytics, Finance and Applied Econometrics). Applications are especially important for analyzing currency, securities and energy markets, banks, insurances and their financial institutions, corporate finance of companies, as well as for logistics and operations management, currently for epidemiology, technical sciences and physics.

Research Achievements 2019 Our Research Themes | 3 Publications

This section reports on our research that has been published and 15 in the Categories “Online First” and “Forthcoming”. (in print) in the calendar year 2019. Most of our research Other journal articles and other publications such as is published in learned journals. Journals are divided in monographs and contributions to collected volumes are three broad categories in which our best publications can listed below. We do not list working papers. be assigned to Category 1 and Category 2 according to our Faculty Journal List. Those publications that cannot be The publications are listed alphabetically by author(s). assigned to either one of our categories are summarized as Our tenured faculty members are documented in blue, “Other Journal Publications” whereas non-tenured faculty members are marked in grey. We report the underlying field(s) of research according to the Category 1 comprises the very top journals. Members of our themes defined on the previous page. Faculty have published a total of 17 articles in such journals and 10 are assigned to the Categories “Online First” and “Forthcoming”. CMI = Changing Markets and Institutions CSP = Corporate Strategies and Processes Category 2 journals are among the top 25% of their fields DSA = Data Science and Analytics or are named as very good in selected field-specific com- HBE = Human Behaviour and the Economy plementary lists. We count 32 publications in such journals MR = Management of Resources

Category 1 Publications

Bachoc, F., Leeb, H., & Pötscher, B. (2019). Valid Confidence Intervals for Post-Model-Selection Predictors. DSA Annals of Statistics, 47(No.3), 1475-1504. Bibinger, M., Hautsch, N., Malec, P., & Reiss, M. (2019). Estimating the Spot Covariation of Asset Prices – Statistical Theory and DSA Empirical Evidence. Journal of Business and Economic Statistics, 37(3), 419-435. Bomze, I., Mertikopoulos, P., Schachinger, W., & Staudigl, M. (2019). Hessian barrier algorithms for linearly constrained optimization CSP, problems. SIAM Journal on Optimization, 29(3), 2100-2127. MR Bomze, I., Rinaldi, F., & Rota Bulò, S. (2019). First-order methods for the impatient: support identification in finite time with conver- CSP, gent Frank-Wolfe variants. SIAM Journal on Optimization, 29(3), 2211-2226. MR Calzolari, G., Colliard, J-E., & Loranth, G. (2019). Multinational Banks and Supranational Supervision. CSP The Review of Financial Studies, 32(8), 2997-3035. Cooper, M. W., Brown, M. E., Hochrainer-Stigler, S., Pflug, G., McCallum, I., Fritz, S., Silva, J., & Zvoleff, A. (2019). Mapping the effects of DSA drought on child stunting. Proceedings of the National Academy of Sciences of the United States of America (PNAS), 116(35), 17219-17224. Elsinger, H., Schmidt-Dengler, P., & Zulehner, C. (2019). Competition in treasury auctions. CMI American Economic Journal: Microeconomics, 11(1), 157-184. Glanzer, M., Pflug, G.,& Pichler, A. (2019). Incorporating statistical model error into the calculation of acceptability prices of contingent DSA, claims. Mathematical Programming, 174(1), 499-524. MR Hautsch, N., & Horvath, A. (2019). How Effective Are Trading Pauses? CMI Journal of Financial Economics, 378-403. [131]. Hautsch, N., & Voigt, S. (2019). Large-Scale Portfolio Allocation Under Transaction Costs and Model Uncertainty. DSA Journal of Econometrics, 221-240. [212]. Janssen, M., & Kasberger, B. (2019). On the clock of the combinatorial clock auctions. HBE Theoretical Economics, 14(4), 1271-1308. Kittel, B., Kalleitner, F., & Tsakloglou, P. (2019). The Transmission of Work Centrality within the Family in a Cross-Regional Perspective. HBE American Academy of Political and Social Science. Annals, 682(1), 106-124. Pflug, G., & Maggioni, F. (2019). Guaranteed Bounds for General Non-Discrete Multistage Risk-Averse Stochastic Optimization DSA Programs. SIAM Journal on Optimization, 29(1), 454-483. Seidl, A., Hartl, R., & Kort, P. M. (2019). A multi-stage optimal control approach of durable goods pricing and the launch of new product CSP generations. Automatica, 106, 207-220. Steinberger, L., & Leeb, H. (2019). Prediction when fitting simple models to high-dimensional data. DSA Annals of Statistics, 47(No. 3), 1408-1442. Verwiebe, R., Kittel, B., Dellinger, F., Liebhart, C., Schiestl, D., Haindorfer, R., & Liedl, B. (2019). Finding your way into employment HBE against all odds? Successful job search of refugees in Austria. Journal of Ethnic and Migration Studies, 45(9), 1401-1418. Zhuk, S., & Schmalz, M. (2019). Revealing Downturns. DSA The Review of Financial Studies, 32(1), 338-373.

Research Achievements 2019 Publications | 4 Category 1 Online First

Loranth, G., Alan, S., Ertac, S., & Kubilay, E. (2019). Understanding Gender Differences in Leadership Decisions: CSP Evidence from Children and Adolescents. The Economic Journal.

Category 1 Forthcomings

Gansterer, M., Hartl, R., & Savelsbergh, M. W. P. (Accepted/In press). The value of information in auction-based carrier collaborations. MR International Journal of Production Economics. Geiersbach, C., & Pflug, G. (Accepted/In press). Projected Stochastic Gradients for Convex Constrained Problems in Hilbert Spaces. DSA SIAM Journal on Optimization. Janssen, M., & Ke, T. T. (Accepted/In press). Searching for service. CMI American Economic Journal: Microeconomics. Janssen, M., & Shelegia, S. (Accepted/In press). Beliefs and consumer search in a vertical industry. CMI Journal of the European Economic Association. Kneip, A., Merz, M., & Storjohann, L. (Accepted/In press). Aggregation and labor supply elasticities. HBE Journal of the European Economic Association. Lutz, F., & Pichler, P. (Accepted/In press). Financial stability regulation under borrowing and liquidity externalities. CMI Journal of the European Economic Association. Morchio, I. (Accepted/In press). Work Histories and Lifetime Unemployment. HBE International Economic Review. Pennerstorfer, D., Schmidt-Dengler, P., Schutz, N., Weiss, C., & Yontcheva, B. (Accepted/In press). Information and price dispersion: CMI Theory and Evidence. International Economic Review. Wolf, M. (Accepted/In press). Pecuniary externalities in economies with downward wage rigidity. HBE Journal of Monetary Economics.

Research Achievements 2019 Publications | 5 Category 2 Publications

Amaral, P. A., & Bomze, I. (2019). Nonconvex min–max fractional quadratic problems under quadratic constraints: CSP, copositive relaxations. Journal of Global Optimization, 75(2), 227-245. MR Benda, F., Braune, R., Dörner, K. F., & Hartl, R. (2019). A machine learning approach for flow shop scheduling problems with alternative MR resources, sequence-dependent setup times, and blocking. OR Spectrum, 41(4), 871-893. Birghila, C., & Pflug, G.(2019). Optimal XL-insurance under Wasserstein-type ambiguity. DSA Insurance: Mathematics and Economics, 88, 30-43. Braune, R. (2019). Lower bounds for a bin packing problem with linear usage cost. DSA, European Journal of Operational Research, 274(1), 49-64. MR Breunig, U., Baldacci, R., Hartl, R., & Vidal, T. (2019). The electric two-echelon vehicle routing problem. MR Computers & Operations Research, 103, 198-210. Carluccio, J., Cunat, A., Fadinger, H., & Fons-Rosen, C. (2019). Offshoring and skill-upgrading in French manufacturing. CMI Journal of International Economics, 118, 138-159. Corsetti, G., Mavroeidi, E., Thwaites, G., & Wolf, M. (2019). Step away from the zero lower bound: Small open economies in a world of CMI secular stagnation. Journal of International Economics, 116, 88-102. Dasgupta, P., Mitra, T., & Sorger, G. (2019). Harvesting the commons. MR Environmental and Resource Economics, 72(3), 613-636. Dezsö, L., & Loewenstein, G. (2019). Self-serving invocations of shared and asymmetric history in negotiations. HBE European Economic Review, 120, [103309]. Dias, L., & Vetschera, R. (2019). On generating utility functions in Stochastic Multicriteria Acceptability Analysis. DSA European Journal of Operational Research, 278(2), 672-685. Dockner, E. J., Hartl, R., & Kort, P. M. (2019). Dynamic capital structure choice and investment timing. MR Journal of Economic Dynamics and Control, 102, 70-80. Gouveia, L., Leitner, M., & Ruthmair, M. (2019). Layered graph approaches for combinatorial optimization problems. MR Computers & Operations Research, 102, 22-38. Hartl, R., Puchinger, J., Vidal, T., & Hiermann, G. (2019). Routing a mix of conventional, plug-in hybrid, and electric vehicles. MR European Journal of Operational Research, 272(1), 235-248. Janssen, M., & Faber, R. (2019). On the Effects of Suggested Prices in Gasoline Markets. CMI Scandinavian Journal of Economics, 121(2), 676-705. Kadic- Maglajlic, S., Micevski, M., Lee, N., Boso, N., & Vida, I. (2019) Three Levels of Ethical Influences on Selling Behavior and HBE Performance: Synergies and Tensions, Journal of Business Ethics, 156(2), 377-397. Karagözoğlu, E., & Kocher, M. (2019). Bargaining under time pressure from deadlines. HBE Experimental Economics, 22(2), 419-440. Keck, S. (2019). Gender, leadership, and the display of empathic anger. CSP Journal of Occupational and Organizational Psychology, 92(4), 953-977. Kocher, M., Schindler, D., Trautmann, S. T., & Xu, Y. (2019). Risk, time pressure, and selection effects. HBE Experimental Economics, 22(1), 216-246. Leitner, M., Ljubic, I., Riedler, M., & Ruthmair, M. (2019). Exact Approaches for Network Design Problems with Relays. MR INFORMS Journal on Computing, 31(1), 171-192. Matl, P., Hartl, R., & Vidal, T. (2019). Workload equity in vehicle routing: The impact of alternative workload resources. MR Computers & Operations Research, 110, 116-129. Nicola Naranjo, D. A., Vetschera, R., & Dragomir, A-G. (2019). Total distance approximations for routing solutions. MR Computers & Operations Research, 102, 67-74. Pötscher, B., Leeb, H., & Kivaranovic, D. (2019). Discussion of "Model Confidence Bounds for Variable Selection" by Yang Li, Yuetian DSA Luo, Davide Ferrari, Xiaonan Hu, and Yichen Qin. Biometrics, 75(2), 407-410. Preininger, J., Scarinci, T., & Veliov, V. M. (2019). Metric Regularity Properties in Bang-Bang Type Linear-Quadratic Optimal Control DSA Problems. Set-Valued and Variational Analysis, 27(2), 381-404. Riemer, F., & Janssen, M. (2019). On the effects of suggested prices in gasoline markets. CMI The Scandinavian Journal of Economics, 121(2), 676-705. Schaffhauser-Linzatti, M., Gryn, K., & Sherif, C. (2019). Economic Comparison Between Endovascular Coiling vs Neurosurgical Clipping HBE for Ruptured and Unruptured Intracranial Aneurysms in Austria. Neurosurgery, 84(5), E272-E273. Schwaninger, M., Neuhofer, S., & Kittel, B. (2019). Offers Beyond the Negotiating Dyad: Including the Excluded in a Network Exchange HBE Experiment. Social Science Research, 258-271. [79]. Seidl, A. (2019). Zeno points in optimal control models with endogenous regime switching. CMI, Journal of Economic Dynamics and Control, 100, 353-368. CSP

Research Achievements 2019 Publications | 6 Shabbir, H. A., Maalouf, H., Griessmair, M., Colmekcioglu, N., & Akhtar, P. (2019). Exploring Perceptions of Advertising Ethics: HBE An Informant-Derived Approach. Journal of Business Ethics, 159(3), 727-744. Sonntag, A., & Zizzo, D. J. (2019). Personal accountability and cooperation in teams. HBE Journal of Economic Behavior & Organization, 158, 428-448. Tiwisina, J., & Külpmann, P. (2019). Probabilistic transitivity in sports. HBE Computers & Operations Research, 112, [104765]. Wirl, F. (2019). Incentivizing Energy Efficiency under Private Information: The Social Optimum. MR The Energy Journal, 40(6). Wolf, M., Müller, G., & Kriwoluzky, A. (2019). Exit expectations and debt crises in currency unions. CMI Journal of International Economics, 121.

Category 2 Online First

Andersson, O., Holm, H., Tyran, J-R., & Wengström, E. (2019). Risking Other People's Money: Experimental Evidence on the Role of HBE Incentives and Personality Traits. Scandinavian Journal of Economics. Dragomir, A.-G., & Dörner, K. F.(2019). Solution techniques for the inter-modal pickup and delivery problem in two region. Computers & MR Operations Research, 113, [104808]. Gansterer, M., Hartl, R., & Sörensen, K. (2019). Pushing frontiers in auctio-based transport collaborations. MR Omega, [102042]. Glanzer, M., & Pflug, G. (2019). Multiscale stochastic optimization: modeling aspects and scenario generation. DSA Computational Optimization and Applications: an international journal. Granic, G. D., & Wagner, A. K. (2019). Where Power Resides in Committees. HBE The Leadership Quarterly. Lehuede, F., Peton, O., & Tricoire, F. (2019). A lexicographic minimax approach to the vehicle routing problem with load balancing. MR European Journal of Operational Research Keck, S., & Tang, W. (2019). When “decoy effect” meets gender bias: The role of choice set composition in hiring decisions. CSP Journal of Behavioral Decision Making. Pflug, G., Maier, S., & Polak, J. W. (2019). Valuing Portfolios of Interdependent Real Options under Exogenous and Endogenous DSA Uncertainties. European Journal of Operational Research. Schmaranzer, D., Braune, R., & Dörner, K. F. (2019). Population-based simulation optimization for urban mass rapid transit networks. MR Flexible Services and Manufacturing Journal.

Category 2 Forthcomings

Gugler, K., Weichselbaumer, M., & Zulehner, C. (Accepted/In press). Employment behavior and the economic crisis: HBE Evidence from winners and runners-up in procurement auctions. Journal of Public Economics. Hautsch, N., & Herrera Leiva, R. (Accepted/In press). Multivariate Dynamic Intensity Peaks-Over-Threshold Models. DSA Journal of Applied Econometrics. Janssen, M. (Accepted/In press). Consumer Search and Vertical Relations. HBE International Journal of Industrial Organization. Leitner, M., Brandstätter, G., & Ljubic, I. (Accepted/In press). Location of charging stations in electric car sharing systems. MR Transportation Science. Theissen, E., & Westheide, C. (Accepted/In press). Call of Duty: Designated Market Maker Participation in Call Auctions. CMI Journal of Financial Markets. Wirl, F., & Ghoddusi, H. (Accepted/In press). A risk-hedging view to refinery capacity investment in OPEC countries. MR The Energy Journal.

Research Achievements 2019 Publications | 7 Other Journal Publications

Altenburger, O. (2019). Zahlungs(un)fähigkeit und Redlichkeit: Warum das Diamantopoulos, A., Davydova, O., & Arslanagic-Kalajdzic, M. (2019). neue Fachgutachten eine Frage offenlässt und wie sie beantwortet werden Modeling the Role of Consumer Xenocentrism in Impacting Preferences for könnte. RWZ – Zeitschrift fuer Recht und Rechnungswesen, 29. Jg.( 12/2019), Domestic and Foreign Brands: A Mediation Analysis. Journal of Business 400-405. Research, 104, 587-596.

Altenburger, O. (2019). Zahlungsunfähigkeit – Ein Überblick anhand des Diamantopoulos, A., Davvetas, V., Bartsch, F., Mandler, T., Arslanagic- neuen Fachgutachtens. Der Wirtschaftstreuhänder, 03/2019, 208-211. Kalajdzic,M., & Eisend, M. (2019) On the Interplay Between Consumer Dispositions and Perceived Brand Globalness: Alternative Theoretical Per- Altenburger, O. (2019). Zum Beitrag von Carl-Christian Freidank: Was ist in spectives and Empirical Assessment, Journal of International Marketing, Österreich anders? RWZ – Zeitschrift für Recht und Rechnungswesen, 29. Jg. 27(4), 39-57. (12/2019), 413-414. Dias, L., & Vetschera, R. (2019). Multiple local optima in Zeuthen-Hicks Arslanagic-Kalajdzic, M., Zabkar, V., & Diamantopoulos, A. (2019). bargaining: An analysis of different preference models. EURO Journal on The Un-observed Signaling Ability of Marketing Accountability: Can Decision Processes, 7(1-2), 33-53. Suppliers’ Marketing Accountability Enhance Business Customers’ Value Perceptions? Journal of Business and Industrial Marketing, 34(1), 166-175. Engin, A., & Vetschera, R. (2019). Optimistic overconfidence in electronic reverse auctions. Electronic Commerce Research and Applications, 35, [100842]. Baumüller, J. (2019). Erste Befunde zur Umsetzung der nichtfinanziellen Berichterstattung in Österreich: – Darstellung und Vergleich mit Deutsch- Felberbauer, T., Gutjahr, W. J., & Dörner, K. F. (2019) Stochastic project land –. KoR, 19(2), 81-90. management: multiple projects with multi-skilled human resources. Journal of Scheduling, 22, 271-288. Benoit, S., Hogreve, J., Sichtmann, C., & Bilstein, N. (2019) Professionalism Kills the Trading Star: Explaining Member Participation in Trading Commu- Gansterer, M., Hartl, R., & Vetschera, R. (2019). The cost of incentive nities, Journal of Service Management Research, 3(2), 54-65. compatibility in auction-based mechanism for carrier collaboration. Networks (New York): an international journal, 73(4), 490-514. Bernsteiner, C. (2019). Der U.S. Music Modernization Act: Ein erster Überblick. Medien und Recht International, (3-4/2018), 113-115. Garaus, M., & Wagner, U. (2019). Let me entertain you – Increasing overall store satisfaction through digital signage in retail waiting areas. Journal of Bernsteiner, C. (2019). Wenn der Nachwuchs viel zu früh kommt: Retailing and Consumer Services, 47(1), 331-338. "Papa-Monat" im Ausnahmezustand. Ecolex : Fachzeitschrift für Wirtschafts- recht, (Juni 2019), 533-536. Garaus, M., & Wagner, U. (2019). Lost in the store: Assessing the confusion potential of store environments. Schmalenbach Business Review (SBR), Bernsteiner, C. (2019). Wirtschaftliche(r) Eigentümer des Idealvereins: 71(4), 413-441. Ein Beitrag zum WiEReG und VerG. Der Gesellschafter – Zeitschrift für Gesell- schafts- und Unternehmensrecht (GesRZ), (6/2019), 405-415. Gorka, R., Strauss, C., & Ebster, C. (2019). The Role of Variety Engineering in the Co-creation of Value. Lecture Notes on Data Engineering and Bernsteiner, C., & Miernicki, M. (2019). SEPA-Lastschrift und Valuta- Communications Technologies, 20, 179-199. verhältnis – Zivilrechtliche Fragen von Erstattung und Widerruf. Bank Archiv: Zeitschrift für das gesamte Bank- und Börsenwesen, (6/2019), 411-419. Gutjahr, W., & Pichler, A. (2019). Uncertainty, economics and optimization: recent developments. Computational Management Science, 16(4), Bomze, I., Cheng, J., Dickinson, P. J. C., Lisser, A., & Liu, J. (2019). Noto- 541-543. riously hard (mixed-)binary QPs: empirical evidence on new completely positive approaches. Computational Management Science, 16(4), 593-619. Hochrainer, S., Pflug, G., Colon, C., Poledna, S., Boza, G., Linnerooth-Bayer, J., & Brännström, A. (2019). Measuring, modeling and managing systemic Bomze, I., Rinaldi, F., & Rota Bulò, S. (2019). Pure infection–immunization risk: The missing aspect of human agency. Journal of Risk Research. dynamics for partnership games: A correction. Games and Economic Behavior, 114, 315-317. Johann, T., Scharnowski, S., Theissen, E., Westheide, C., & Zimmermann, L. (2019). Liquidity in the German Stock Market. Schmalenbach Business Chudy, M., & Reschenhofer, E. (2019). Macroeconomic forecasting with Review (SBR), 443-473. factor-augmented adjusted band regression. Econometrics, 7(4), 1-14. [46]. Kadic-Maglajlic, S., Arslanagic-Kalajdzic, M., Micevski, M., Dlacic, J., & Zab- Davvetas, V., & Halkias, G. (2019). Global and Local Brand Stereotypes: kar, V. (2019) Being Engaged is a Good Thing: Understanding Sustainable Formation, Content Transfer, and Impact. International Marketing Review, Consumption Behavior among Young Adults, Journal of Business Research, 36(5), 675-701. 104, 644-654.

Demougin, D., & Fabel, O. (2019). The Nexus between Contract Duration Khavalko, V., Tsmots, I., Kostyniuk, A., & Strauss, C. (2019). Classification and the Use of Formal and Informal Incentive Pay. Labour, 33(3), 351-370. and recognition of medical images based on the SGTM neuroparadigm. CEUR Workshop Proceedings, 2488, 234-245.

Research Achievements 2019 Publications | 8 Kheiri, A., Dragomir, A-G., Müller, D., Gromicho , J., Jagtenberg, C., & van Moghaddam, H., Dehnavi, J., & Wirl, F. (2019). Are published oil price Hoorn, J. J. (2019). Tackling a VRP challenge to redistribute scarce forecasts efficient?OPEC Energy Review, 43(1), 29-49. equipment within time windows using metaheuristic algorithms. EURO Journal on Transportation and Logistics, 8(5), 561-595. Morton, R. B., Piovesan, M., & Tyran, J. R. (2019). The dark side of the vote: Biased voters, social information, and information aggregation through Kittel, B., & Opp, K.-D. (2019). Dissecting the Conditions of Political Protest. majority voting. Games and Economic Behavior, 113, 461-481. An Exploration of Interaction Effects in the Explanation of Political Protest. Sociological Inquiry, 89(1), 67-93. Mostajabdaveh, M., Gutjahr, W., & Salman, S. (2019). Inequity-averse shelter location for disaster preparedness. IISE Transactions, 51(8), 809-829. Kolbl, Z., Arslanagic-Kalajdzic, M., & Diamantopoulos, A. (2019). Stereo- typing Global Brands: Is Warmth More Important Than Competence? Mühlböck, M. (2019). Voting in European Union Politics. Oxford Research Journal of Business Research, 104, 614-621. Encyclopedia of Politics.

Kovalchuk, A., Izonin, I., Strauss, C., Podavalkina, M., Lotoshynska, Olsen, J., Kogler, C., Brandt, M. J., Dezsö, L., & Kirchler, E. (2019). Are con- N., & Kustra, N. (2019). Image Encryption and Decryption Schemes Using sumption taxes really disliked more than equivalent costs? Inconclusive Linear and Quadratic Fractal Algorithms and Their Systems. CEUR results in the USA and no effect in the UK.Journal of Economic Psychology, Workshop Proceedings, 2533, 139-150. 75(A), 102145.

Lotoshynska, N., Kovalchuk, A., Mayik, L., Mayik, V., Strauss, C., & Mel- Pauser, S., & Wagner, U. (2019). A wearable sales assistant: Capturing nykova, N. (2019). Technologies of 3D-prototyping of Objects. CEUR dynamic nonverbal communication behaviors using sensor technology. Workshop Proceedings, 2533, 271-281. Marketing Letters: a journal of research in marketing, 30(1), 13-25.

Mangat, M., & Reschenhofer, E. (2019). Testing for long-range dependence Poecze, F., Ebster, C., & Strauss, C. (2019). Let's play on Facebook: using in financial time series. Central European Journal of Economic Modelling sentiment analysis and social media metrics to measure the success of and Econometrics, 11(2), 93-106. YouTube gamers' post types. Personal and Ubiquitous Computing.

Matl, P., Hartl, R., & Vidal, T. (2019). Leveraging single-objective heuristics Preinerstorfer, D., & Pötscher, B. (2019). Further Results on Size and Power to solve bi-objective problems Heuristic box splitting and its application of Heteroskedasticity and Autocorrelation Robust Tests, with an App- to vehicle routing. Networks (New York): an international journal, 73(4), lication to Trend Testing. Electronic Journal of Statistics, 13(2), 3893-3942. 382-400. Rauner, M., Schaffhauser-Linzatti, M., Bauerstätter, J., Schwarz, B., Harper, Mechtenberg, L., & Tyran, J-R. (2019). Voter Motivation and the Quality of P., Wittig, K., & Mayer, B. (2019). A Decision Support System for Prevention Democratic Choice. Games and Economic Behavior, 116, 241-259. and Costing of Occupational Injuries. International Journal of Decision Support Systems, 4(1), 1-17. Michaelidou, N., & Micevski, M. (2019). Consumers' Ethical Perceptions of Social Media Analytics Practices: Risks, Benefits and Potential Outcomes. Reindl, I., Hoffmann, R., & Kittel, B. (2019). Let the others do the job: Journal of Business Research, 104, 576-586. Comparing public good contribution behavior in the lab and in the field. Journal of Behavioral and Experimental Economics, 81, 73-83. Michaelidou, N., Micevski, M., Kadic-Maglajlic, S., Budhathoki, T., & Sarkar, S. (2019). Does Non-Profit Brand Image Mean the Same Across Cultures? Reschenhofer, E. (2019). Heteroscedasticity-robust estimation of autocor- An Exploratory Evaluation of Non-Profit Brand Image in Three Countries, relation. Communications in Statistics: Simulation and Computation, 48(4), International Marketing Review, 36(6). 1251-1263.

Micevski, M., Dewsnap, B., Cadogan, J. W., Kadic-Maglajlic, S., & Boso, N. Reschenhofer, E., & Stark, T. (2019). Forecasting the yield curve with (2019). Sales Intra-Functional Flexibility: Its Relationship to Performance dynamic factors. Romanian Journal of Economic Forecasting, XXII (1), 115-129. and Moderating Effects on Role Stressors, Journal of Business Research, 104, 552-562. Sarabando, P., Dias, L. C., & Vetschera, R. (2019). Group decision making with incomplete information:a dominance and quasi-optimality Micevski, M., Halkias, G., & Herz, M. (2019) Multiple Consumer Identities volume-based approach using Monte-Carlo simulation. International and the Crossover Effect of the EU Identity in Predicting Domestic and Transactions in Operational Research, 26(1), 318-339. Foreign Product Preferences, Journal of Business Research, 104, 622-631. Schmid, C., & Gerchak, Y. (2019). How should a principal reward and sup- Miernicki, M., Hofmann, T., Eisenberger, I., von der Kammer, F., & Praetorius, port agents when firm performance is characterized by success or failure? A. (2019). Legal and practical challenges in classifying nanomaterials Managerial and Decision Economics, 40(4), 353-362. according to regulatory definitions.Nature Nanotechnology, 14, 208-2016.

Research Achievements 2019 Publications | 9 Schmitt, G., Mladenow, A., Strauss, C., & Schaffhauser-Linzatti, M. (2019). Wirl, F., & Eigruber, M. (2019). Cheating as Marketing Strategy in Monopoly, Smart Contracts and Internet of Things: A Qualitative Content Analysis Cartel and Duopoly. Central European Journal of Operations Research. using the Technology-Organization-Environment Framework to Identify Key-Determinants. Procedia Computer Science, 160, 189-196. Wirl, F., Spindler, C., & Dehnavi, J. (2019). Individuals' Valuation of a Publicly Provided Private Good – Evidence from a Field Study. Journal of Sichtmann, C., Davvetas, V., & Diamantopoulos, A. (2019). The Relational Environmental Economics and Policy, 8(1), 90-108. Value of Perceived Brand Globalness and Localness. Journal of Business Research, 104, 597-613. Wolfinger, D., Tricoire, F., & Dörner, K. F. (2019). A matheuristic for a multimodal long haul routing problem. EURO Journal on Transportation Sopp, K., & Baumüller, J. (2019). Nichtfinanzielle Berichterstattung: and Logistics, 8(4), 397-433. Kritik an den neuen Leitlinien zu klimabezogenen Angaben. Der Betrieb: Wochenzeitschrift für Betriebswirtschaft, Steuerrecht, Wirtschaftsrecht, Arbeitsrecht, 72(33), 1801-1809. Online First Publications

Sopp, K., & Baumüller, J. (2019). Öffentliches Country-by-Country-Reporting Bomze, I., & Schachinger, W. (2019). Constructing Patterns of (Many) ESSs als Teil der Nachhaltigkeitsberichterstattung? Kritische Würdigung des Under Support SizeControl. Dynamic Games and Applications, 1-23. Vorschlags der Global Reporting Initiative: „Tax and Payments to Governments“ (Dezember 2018). Die Wirtschaftsprüfung, 72(5), 271-278. Diamantopoulos, A., Arslanagic-Kalajdzic, M., & Moschik, N. (2019) Are Consumers' Minds or Hearts Guiding Country of Origin Effects? Conditioning Sorger, G. (2019). Bubbles and cycles in the Solow-Swan model. Journal of Roles of Need for Cognition and Need for Affect, Journal of Business Economics / Zeitschrift für Nationalökonomie, 127(3), 193-221. Research, 108, 487-495.

Stocchi L., Michaelidou N., & Micevski M., (2019) Drivers and Outcomes Garaus, M., & Halkias, G., (2019) One Color Fits All: Product Category Color of Branded Mobile App Usage Intention, Journal of Product & Brand Norms and (A)typical Package Colors, Review of Managerial Science. Management, 28(1), 28-49. Minarikova, D., Mumdziev, N., Griessmair, M., & Windsperger, J. (2019). Tosun, J., Arco-Tirado, J., Caserta, M., Cemalcilar, Z., Kittel, B., Mühlböck, The bright side and dark side of trust: The mediating effect of franchisor M., ... Vegetti, F. (2019). Perceived economic self-suffiency. A country- and trust on performance. Managerial and Decision Economics: the international generation-comparative approach. European Political Science, 18(3), 510-531. journal of research and progress in management economics.

Vetschera, R. (2019). Zeuthen-Hicks Bargaining in Electronic Negotiations. Pichler, P., Niemann, S., & Gomez-Oliveros Duran, L. (2019). Fiscal policy and Group Decision and Negotiation, 28(2), 255-274. the output costs of sovereign default. The B.E. Journal of Macroeconomics.

Vogl, P., Braune, R., & Dörner, K. F. (2019). Scheduling Recurring Sarasola, B., & Dörner, K. F. (2019). Adaptive large neighborhood search Radiotherapy Appointments in an Ion Beam Facility: Considering Optional for the vehicle routing problem with synchronization constraints at the Activities and Time Window Constraints. Journal of Scheduling, 22(2), delivery location. Networks, 75, 64-85. 137-154. Schmaranzer, D., Braune, R., & Dörner, K. F. (2019). Multi-objective Wagner, U., Avsec, F., & Blisse, H. (2019). Johann Brazda zum 65. Geburstag. simulation optimization for complex urban mass rapid transit systems. Zeitschrift für das gesamte Genossenschaftswesen, (3),69 220-224. Annals of Operations Research.

Wimmer, A. (2019). Der lebensgemeinschaftliche Haushalt und seine Probleme, Zeitschrift für Familien- und Erbrecht, 270-274. Forthcomings

Wimmer, A. (2019) Der qualifizierte Rangrücktritt zur Überschuldungs- Fabel, O., Hopp, C., & Speil, A. (Accepted/In press). Advice-seeking and vermeidung, Zeitschrift für Insolvenzrecht & Kreditschutz, 49-53. advice-utilization for hiring decisions: An investigation of a partially outsourced recruitment process for rank-and-file managers. Managerial Wimmer, A. (2019) Differenz- und Existenzvernichtungshaftung bei and Decision Economics. Sanierungsfusionen, Der Gesellschafter – Zeitschrift für Gesellschafts- und Unternehmensrecht, 143-151. Glaser, M., Jirasek, M., & Windsperger, J. (Accepted/In press). Ownership Structure of Franchise Chains: Trade-Off Between Adaptation and Control. Wimmer, A. (2019) Zu Gewährleistung und Wegfall der Geschäftsgrundlage International Journal of the Economics of Business beim Kauf von Geschäftsanteilen an einer überschuldeten GmbH, ecolex – Zeitschrift für Wirtschaftsrecht, 235-237. Halkias, G., & Diamantopoulos, A. (Accepted/In press) Universal Dimensi- ons of Individuals' Perception: Revisiting the Operationalization of Warmth Windsperger, J., & Hajdini, I. (2019). Contractual restraints and perfor- and Competence with a Mixed-Method Approach, International Journal of mance in franchise networks. Industrial Marketing Management, 82, 96-105. Research in Marketing.

Research Achievements 2019 Publications | 10 Janssen, M. (Accepted/In press). Vertical contracts in search markets. International Journal of Industrial Organization.

Jirasek, M., Gaffke, S., & Windsperger, J. (Accepted/In press) Determinants of Overall Franchise Satisfaction: Application of the Performance Feedback Theory. Journal of Stratigic Marketing.

Lackner, M., & Zulehner, C. (Accepted/In press). Rent sharing and gender discrimination in collegiate athletics. Social Sciences Quarterly.

Michaelidou, N., Micevski, M., & Cadogan, J. W. (Accepted/In press) User's Ethical Perceptions of Social Media Research: Conceptualisation and Mea- surement, Journal of Business Research.

Pflug, G., & Guzmics, S. (Accepted/In press). Modelling cascading effects for systemic risk: Properties of the Freund copula. Dependence Modeling, 7, 24-44.

Pichler, P., Summer, M., & Weber, B. (Accepted/In press). Does digitalization require central bank digital currencies for public use? Monetary Policy and the Economy, 4/2019.

Reschenhofer, E., & Mangat, M. K. (Accepted/In press). Detecting long-range dependence with truncated ratios of priodogram ordinates. Communications in Statistics – Theory and Methods.

Reschenhofer, E., Mangat, M. K., & Stark, T. (Accepted/In press) Improved estimation of the memory parameter. Theoretical Economics Letters, 10(1), 47-68.

Reschenhofer E., Mangat, M. K., Zwatz, C., & Guzmics, S. (Accepted/In press) Evaluation of current research on stock return predictability. Journal of Forecasting, 39(2), 334-351.

Sorger, G. (Accepted/In press). On the consumption-saving tradeoff under non-exponential discounting and partial commitment. Pure and applied functional analysis.

Sorger, G. (Accepted/In press). On the dynamics of stock price bubble: Comments on a model by Miao and Wang. Central European Journal of Operations Research. van Ackooij, W., Escobar Luna-Barrera, D. D., Glanzer, M., & Pflug, G. (Accepted/In press). Distributionally robust optimization with multiple time scales: valuation of a thermal power plant. Computational Management Science.

Wolfsteiner, E., Grohs, R., & Reisinger, H. (Accepted/In press). The impact of name and shame disclosure strategies on sponsor and ambusher brand attitude. Journal of Business Research.

Research Achievements 2019 Publications | 11 Books and Contributions to Books / Anthologies

Beham, A., Roljic, B., Raggl, S., Hauder, V., Karder, J., Dörner, K. F., Miernicki, M. (2019). Kryptowährungen und Sachgründung im Gesell- Wagner, S., Affenzeller, M., Flößholzer, H., Hofer, M. (2019). Stahllogistik schaftsrecht. In S. Kirchmayr-Schliesselberger, W. Klas, M. Miernicki, S. digital – Einen Schritt vorausgedacht. In F. P. Starkl, M. Prandtstetter, T. Rinderle-Ma, &. A. Weilinger (Eds.), Kryptowährungen: Krypto-Assets, Wakolbinger, & G. Reiner (Eds.), Jahrbuch der Logistikforschung Trauner Verlag. ICOs und Blockchain (pp. 137-158) Nomos Verlagsgesellschaft, Facultas Verlags- und Buchhandels AG. Bernsteiner, C. (2019). Kryptowährungen und Gewerberecht. In S. Kirchmayr-Schliesselberger, W. Klas, M. Miernicki, S. Rinderle-Ma, & Schaffhauser-Linzatti, M. (2019). Rechnungswesen Schritt für Schritt, A. Weilinger (Eds.), Kryptowährungen: Krypto-Assets, ICOs und Blockchain 4. überarbeitete Auflage: Mit Lösungen für die Rechenbeispiele! (4. ed.) (pp. 463-487). Facultas Verlags- und Buchhandels AG. Wien: Facultas Verlags- und Buchhandels AG.

Costa Morais, D., de Almeida, A. T., Carreras, A., & Vetschera, R. (2019). Schaffhauser-Linzatti, M., & Kirchschläger, P. (2019). Sustainability and Preface. In D. Costa Morais, A. Teixeira de Almeida, A. Carreras, & ethics in financial reporting: An empirical study of German, Austrian, and R. Vetschera (Eds.), Group Decision and Negotiation: Behavior, Models, Swiss groups. In A. Lindgreen, C. Vallaster, S. Yousofzai, & B. Hirsch (Eds.), and Support: 19th International Conference, GDN 2019 Loughborough, UK, Measuring and Controlling Sustainability: Spanning Theory and Practice June 11-15, 2019 Proceedings (Vol. 351, pp. v-vii). (Lecture Notes in Business (1st Edition ed., pp. 269-283). London: Routledge, Taylor & Francis. Information Processing). Springer. Schmaranzer, D., Braune, R., & Dörner, K. F. (2019). Simulationsbasierte Dawid, H., Hartl, R., & Kort, P. M. (2019). Dynamic models of the firm with Mehrzieloptimierung im öffentlichen Personennahverkehr. In M. Prandt- green energy and goodwill with a constant size of the output market. stetter, G. Reiner, F. P. Starkl, & T. Wakolbinger (Eds.), Jahrbuch der Logistik- In International Series in Operations Research and Management Science forschung: Trauner (pp. 157-166) (Vol. 280, pp. 131-146). (International Series in Operations Research and Management Science; Vol. 280). Springer New York LLC. Tyran, J-R. (2019). Jean-Robert Tyran Recommends “Patience and the Wealth of Nations” by Thomas Dohmen, Benjamin Enke, Armin Falk, Engin, A., & Vetschera, R. (2019). Feedback, Information Representation David Huffman, and Uwe Sunde. In B. S. Frey, & C. Schaltegger (Eds.), and Bidder Behavior in Electronic Auctions. In L. White, M. Kunc, K. 21st Century Economics: Economic Ideas You Should Read and Remember Burger, & J. Malpass (Eds.), Behavioral Operations Research: A Capabilities (pp. 135-136). Springer. Approach (pp. 59-71). Palgrave Macmillan. Tyran, J-R., & Wagner, A. K. (2019). Experimental Evidence on Expressive Filzmoser, M., Vetschera, R., & Koeszegi, S. (2019). Negotiation Processes: Voting. In R. Congleton, B. Grofman, & S. Voigt (Eds.), Oxford Handbook of Empirical Insights. In M. Kilgour, & C. Eden (Eds.), Handbook of Group Public Choice (Vol. 2, pp. 928-940). Oxford University Press. Decision and Negotiation. Springer. Weilinger, A., & Schopper, A. (Eds.) (2019). Vereinsgesetz (VereinsG), Gutjahr, W., & Montemanni, R. (2019). Stochastic search in metaheuristics. Gesetzeskommentar. (Manz Grosskommentare). Manz'sche Verlags- und In M. Gendreau, & J-Y. Potvin (Eds.), Handbook of Metaheuristics (3. ed., pp. Universitätsbuchhandlung. 513-540). (International Series in Operations Research & Management Science; Vol. 272). Cham: Springer. Weilinger, A., & Miernicki, M. (2019). Kryptowährungen im Zivil- und Verbraucherschutzrecht. In S. Kirchmayr-Schliesselberger, W. Klas, Hagauer, H., Kittel, B., & Schwaninger, M. (2019). Fairness in Bargaining: M. Miernicki, S. Rinderle-Ma, &. Weilinger (Eds.), Kryptowährungen: How Self-Selected Frames Affect the Fairness of Negotiation Outcomes. Krypto-Assets, ICOs und Blockchain (pp. 91-117). Nomos Verlags- In M. Debus, M. Tepe, & J. Sauermann (Eds.), Jahrbuch für Handlungs- gesellschaft, Facultas Verlags- und Buchhandels AG. und Entscheidungstheorie: Band 11 (pp. 3-31). Springer Fachmedien Wiesbaden. Weilinger, A. (2019). Zur Bilanzierung von Kryptowährungen nach dem UGB. In S. Kirchmayr-Schliesselberger, W. Klas, M. Miernicki, Kirchmayr-Schliesselberger, S., Klas, W., Rinderle-Ma, S., Weilinger, A., & S. Rinderle-Ma, &. Weilinger (Eds.), Kryptowährungen: Krypto-Assets, Miernicki, M. (Eds.) (2019). Kryptowährungen: Krypto-Assets, ICOs und ICOs und Blockchain (pp. 159-169) Nomos Verlagsgesellschaft, Facultas Blockchain, Recht-Technik-Wirtschaft. (1 ed.) Wien: facultas wuv Verlags- und Buchhandels AG.

Kryvinska, N., & Greguš, M. (Eds.) (2019). Data-Centric Business and Wimmer, A. (2019). Die Konzernbildungskontrolle bei Kapitalgesell- Applications: Evolvements in Business Information Processing and schaften. (Studien zum Unternehmens- und Wirtschaftsrecht; Band 37) Management (Lecture Notes on Data Engineering and Communications Wien:Facultas Verlags- und Buchhandels AG. Technologies; Vol. 20). Springer.

Research Achievements 2019 Publications | 12 Wimmer, A. (2019). Gesellschafts- und Kapitalmarktrechtliche Fragen zum Mining von Kryptowährungen. In S. Kirchmayr-Schliesselberger, W. Klas, M. Miernicki, S. Rinderle-Ma, &. Weilinger (Eds.), Kryptowährungen: Krypto-Assets, ICOs und Blockchain (pp. 118-136) Nomos Verlagsgesell- schaft, Facultas Verlags- und Buchhandels AG.

Wimmer, A. (2019). Grundsatzaspekte der ertragssteuerrechtlichen Behandlung von Kryptowährungen. In S. Kirchmayr-Schliesselberger, W. Klas, M. Miernicki, S. Rinderle-Ma, &. Weilinger (Eds.), Krypto- währungen: Krypto-Assets, ICOs und Blockchain (pp. 199-221). Nomos Verlagsgesellschaft, Facultas Verlags- und Buchhandels AG.

Windsperger, J., Cliquet, G., Hendrikse, G. W. J., & Srećković, M. (2019). Design and management of interfirm networks: An introduction. In Con- tributions to Management Science: Design and Management of Interfirm Networks (pp. 1-9). (Contributions to Management Science). Springer.

Windsperger, J., Cliquet, G., Hendrikse, G., & Sreckovic, M. (2019). Design and Management of Interfirm Networks: Franchise Networks, Cooperatives and Alliances. (1 ed.) (Contributions to Management Science). Springer International Publishing.

Research Achievements 2019 Publications | 13 Conference Proceedings

Akturan, U., Wagner, U., & Pauser, S. (2019). Deviant Behaviors in Ads: Glaser, M., & Reisinger, H. (2019). Narrative Advertising and Implicit A Cross-Cultural Study. In 2019 EMAC Regional Conference Proceedings. Persuasion: The Loss of Persuasive Potential. In Proceedings for the 48th EMAC Conference 2019, Hamburg. Bourdin, D., & Sichtmann, C. (2019). The Impact of Service Employee Accents Eliciting Positive Versus Negative Stereotypes on Customer Halkias, G., Diamantopoulos, A., & Florack, A. (2019). When Country Participation. In Proceedings of the 6th French-Austrian-German Workshop Competence Backfires: Stereotype-Driven Emotions and the Dark Side of on Consumer Behavior. Envy. In Proceedings of the 48th European Marketing Academy Conference Hamburg. Bourdin, D., & Sichtmann, C. (2019). The Influence of Employee Accent on Customer Participation in Services. In Proceedings of the 10th EMAC Halkias, G., Kousi, S., & Micevski, M. (2019). Consumer Culture Imagery Regional Conference. and Foreign Brands: Ad-Brand Incongruity and Consumers' Desire for Authenticity. In Proceedings of the 2019 International Conference on Busse, V., Strauss, C., & Gregus, M. (2019). Decision-Making in Research in Advertising (ICORIA) of the European Advertising Academy Crowdfunding – The Value of Behaviral Issues in Colaborative Business Environments. In Y. Luo (Ed.), Cooperative Design, Visualization, and Kholodylo, M., & Strauss, C. (2019). What Independent Game Developers Engineering – 16th International Conference, CDVE 2019, Proceedings Expect from Recommender Systems: A Qualitative Study. Proceedings (Vol. 11792, pp. 219-228). (Lecture Notes in Computer Science; Vol. 11792). of the 21st International Conference on Information Integration and Switzerland: Springer. Web-Based Applications & Services. ACM. 563–570.

Cernicka, R., Mladenow, A., & Strauss, C. (2019). The Impact of Updates Klapper, H., Maciejovsky, B., & Reitzig, M. (2019). Influence, Interests and in Social Crowd Projects: Insights from a German Equity Crowdfunding Information in Organizational Decision Making. Academy of Management. Platform. Proceedings of the 21st International Conference on Information Integration and Web-Based Applications & Services. ACM. 571-578. Koehler, A., Mladenow, A., & Strauss, C. (2019). Collaboration and Co-creation in a General Engagement Platform to Foster Organizational Costa Morais, D., Carreras, A., de Almeida, A. T., & Vetschera, R. (Eds.) Benefits During a Post-project-phase. In Y. Luo (Ed.), Cooperative Design, (2019). Group Decision and Negotiation: Behavior, Models, and Support: Visualization, and Engineering – 16th International Conference, CDVE 2019, 19th International Conference, GDN 2019 Loughborough, UK, June 11-15, Proceedings (Vol. 11792, pp. 209-218). (Lecture Notes in Computer Science; 2019. (Lecture notes in Business Information Processing). Springer-Verlag Vol. 11792). Switzerland: Springer. Berlin-Heidelberg. Micevski, M., Erdbrügger, J., & Diamantopoulos, A. (2019). Country-Related Diamantopoulos, A., Kolbl, Z., & Saracevic, S. (2019). "Blending In vs. Emotions as Mediatiors of the Relationship between Country Stereotype Sticking Out?" The Impact of Brand Buyer Stereotypes vs. Consumers' Dimensions and Intentions to Visit a Country. In Proceedings of the 48th Need for Uniqueness on Consumer-Brand Identification. In Proceedings of European Marketing Academy Conference Hamburg. the 48th European Marketing Academy Conference Hamburg. Michaelidou, N., Micevski, M., & Halkias, G. (2019). Factors Affecting Engin, A., & Vetschera, R. (2019). Overconfidence in Electronic Reverse Consumer Responses to Brand Advertising on Social Media. In Proceedings Auctions. In Procedings of the 15th International Symposium on Operational of the Academy of Marketing Sciene Annual Conference. Research: SOR 19 (pp. 41) Mladenow, A., Cernicka, R., Strauss, C., Busse V., & Gregus, M. (2019) Equity Flunger, R., Mladenow, A., & Strauss, C. (2019). Game Analytics on Free to Crowdfunding in Real Estate. 7th International Conference on Future Play. In M. Younas, I. Awan, & S. Benbernou (Eds.), Big Data Innovations Internet of Things and Cloud (FiCloud), Istanbul, Turkey, 2019, pp. 155-161. and Applications – 5th International Conference, Innovate-Data 2019, Proceedings (pp. 133-141). (Communications in Computer and Information Pauser, S., & Wagner, U. (2019). First Impressions Matter: Investigating Science; Vol. 1054). Switzerland: Springer. Thin Slices of Sales Behaviours Using Real-Time-Response Measurement. In Conference Proceedings EMAC 2019 Hamburg. Garaus, M., Florack, A., & Wolfsteiner, E. (2019). Too much of a good thing: Ceiling effects for strong partners in brand alliances. In Proceedings of the Riedler, M., Ruthmair, M., & Raidl, G. R. (2019). Strategies for Iteratively French-Austrian-German Workshop on Consumer Behavior. Re-fining Layered Graph Models. In M. J. Blesa, C. Blum, H. Gambini Santos, P. Pinacho-Davidson, & J. Godoy del Campo (Eds.), Proceedings Glaser, M., & Reisinger, H. (2019) Comparing the Use of Celebrities and of the 11th International Workshop on Hybrid Metaheuristics (Vol. 11299, Unknown Actors in Narrative Advertisments. In Proceedings of the pp. 46-62). (LNCS). French-Austrian-German Workshop on Consumer Behavior.

Research Achievements 2019 Publications | 14 Sichtmann, C., Davvetas, V., Bleich, J., & Romanyuk, A. (2019). Migrant Wagner, U., Steiner, E., Hartmann, C., & Braun, K. (2019). Crossmodal Customers’ Acculturation and Participation in Host Country Services. correspondences between color, smell and texture – Investigating sensory In Proceedings of the 48th European Marketing Academy Conference. attributes of a body lotion. In French-Austrian-German Workshop on consumer Behavior - Proceedings. Sokolovskyy, Y., Levkovych, M., Mokrytska, O., Yatsyshyn, S., Kaspryshyn, Y., & Strauss, C. (2019). Mathematical models and analysis of deformation Wolfsteiner, E., & Garaus, M. (2019). TV advertising vs. sponsored TV processes in biomaterials with fractal structure. CEUR Workshop Procee- content in media multitasking situations: The moderating role of sensory dings 2nd International Workshop on Informatics and Data-Driven Medicine, mode. In Proceedings of the International Conference on Research in IDDM. Vol. 2488, 133-144. Advertising

Steiner, E., & Wagner, U. (2019). Sensorische Information – ein zwei- Wolfsteiner, E., Garaus, M., & Wagner, U. (2019). Smile please! Toward schneidiges Schwert? Eine Untersuchung unerwünschter Effekte verbaler an understanding of selfie campaigns. In Proceedings of the 10th EMAC sensorischer Beschreibungen für Produkte mit niedrigem sensorischen Regional Conference Appeal. In Proceedings zum DLG-Lebensmitteltag Sensorik 2019.

Steiner, E., & Wagner, U. (2019). Two sides of the coin: Verbal sensory information and its impact on consumer responses – a meta-analysis covering positive as well as backfiring effects of verbal sensory information. In Conference Proceedings – 48th EMAC Conference Hamburg.

Steiner, E., Wagner, U., Maurer, S., Heim, K., & Fina, R. (2019). The dish smells creamy, I'll like it, I'll buy it – An examination of smell-texture correspondences and implications on liking, emotional responses and behavioral intentions. In Proceedings of the 10th EMAC CEE Regional Conference.

Steiner, E., Wagner, U., Steiner, R., Heim, K., Maurer, S., & Fina, R. (2019). The integration of visual and oral somatosensory information: How color intensity impacts temperature and texture perceptions of food products as well as related hedonic responses. In Conference Proceedings – 48th EMAC Conference Hamburg.

Szöcs, I., Diamantopoulos, A., Florack, A., Egger, M., & Kolbl, Z. (2019). Country and Brand Stereotypes as Drivers of Brand Evaluations. In Proceedings of the 48th European Marketing Academy Conference Hamburg.

Wagner, U., & Charinsarn, A. (2019). Does supplementing nonconventional lettering on product packages influence consumers' evaluations. In Conference Proceedings – 48th EMAC Conference Hamburg.

Wagner, U., & Pauser, S. (2019). There is No Second Chance for a First Impression: The Examination of Snap Judgements of Sales Behaviors by Means of a Program Analyzer. In Proceedings for the French-Austrian-German Workshop on Consumer Behaviour.

Wagner, U., & Strobl, S. (2019). Do consumers' value systems impact their consumption of sustainable groceries? An intercultural study. In 8th International Conference on Social responsibility, Ethics and Sustainable Business - Proceedings.

Wagner, U., Jacob, I. C., Khanna, M., & Rai, K. (2019). Possession attachment towards global brands: The "World of Barbie" shaping the mindset of young Indian girls. In 2019 Global Sahion Management conference at Paris Proceedings (S. 770-776).

Research Achievements 2019 Publications | 15 Theses Completed

Our PhD education offers training and supervision that allows students to acquire knowledge and skills necessary fora research-oriented career in the core fields of our Faculty. The successful completion of the PhD programme marks the entry into the scientific community and it shows the ability to carry out independent research. We congratulate the 19 PhD studentswho completed their thesis in 2019.

Moreover, we proudly announce that one scholar has received the Venia Docendi: Georgios Halkias in Business Administration. The Venia is awarded for outstanding scientific qualifications and testifies to the scholars' ability to hold lectures, teach and supervise students at all levels. The successful candidate has submitted a thesis that has been deemed methodologically sound, provides new scientific insights and demonstrates excellence in mastering the subject.

PhD Name, First Name Title Supervisor Birghila, Corina Insurance contract under ambiguity Pflug, Georg

Bredendiek, Maximilian Essays in Empirical Asset Pricing Hautsch, Nikolaus

Dehnavi, Jalal Energy Strategies: Interactions and Publics Wirl, Franz

De Macedo Florio, Models and solution methods for stochastic vehicle routing problems Hartl, Richard Alexandre Escobar, Deborah Daniela Robust pricing in insurance and energy markets Pflug, Georg

Glanzer, Martin Multistage Stochastic and Distributionally Robust Optimization Pflug, Georg

Grohmann, Wolfgang Internationale Rechnungslegung und Unternehmensbesteuerung Lechner, Eduard

Hergovich, Philipp Essays on Redistribution Gehrig-Merz, Monika & Reiter, Michael Hiermann, Gerhard Solving vehicle routing problems with ahybrid heterogeneous fleet Hartl, Richard

Kastner, Jutatip Consumer Perceptions of Supermarket Shelves: Using Mobile and Stationary Eye Trackers Wagner, Udo

Kerndler, Martin Essays in Labor Economics Gehrig-Merz, Monika & Reiter, Michael Martin, Simon Essays on Industrial Organization and Economic Theory Schlag, Karl & Schmidt-Dengler, Philipp Matl, Piotr Balanced Vehicle Routing: Models, Methods, Insights Hartl, Richard

Minarikova, Dana Family and Business: Family Influences throughout the Business Lifecycle Fabel, Oliver

Molnar, Matthias International Fiscal Policy Spillovers, Asset Prices, and Business Cycles: Sorger, Gerhard & Essays on Applied Macroeconomics Reiter, Michael Nicola Naranjo, Daniel Combinatorial Auction-based Allocation of Collaborative Transportation Vetschera, Rudolf

Schmid, Christian Incentives for Multiple Agents Pfeiffer, Thomas

Spindler, Christian Consumer Behaviour and Market Power in Electricity Markets Wirl, Franz

Vogl, Petra Solution Techniques for Rich and Real-world Appointment and Staff Scheduling Problems Dörner, Karl Franz in Health Care

Habilitations

Name, First Name Title Field Halkias, Georgios Schemas, Stereotypes and Consumer Behavior Business Administration

Research Achievements 2019 Publications | 16 Editorial Work

Numerous members of our Faculty are engaged in editorial Category 2 Journals and publishing activities. In particular, many of our Faculty members serve as editors, associate editors, or members of Editor-in Chief, Co-Editor editorial boards of established journals. European Journal of Operational Research: The list below shows who serves in which role for which Bomze, Immanuel (since 2016) journal. We do not list refereeing activities, as members of our Faculty have, in total, most likely written several hundreds International Journal of Industrial Organization: of these, and many of us serve as referees for prestigious Schmidt-Dengler, Philipp (since 2014) journals. OR Spectrum: Quantitative Approaches in Management: Gutjahr, Walter (since 2014) Category 1 Journals

Editor-in Chief, Co-Editor Associate Editor

Econometric Theory: International Journal of Forecasting: Pötscher, Benedikt (since 1995) Hautsch, Nikolaus (since 2015)

Journal of Applied Econometrics: Schmidt-Dengler, Associate Editor Philipp (since 2014); Hautsch, Nikolaus (since 2015)

Journal of Business and Economic Statistics: Journal of Economic Dynamics and Control: Hautsch, Nikolaus (since 2015) Sorger, Gerhard (since 2001)

Operations Research: Journal of Financial Econometrics: Pflug, Georg (since 2012) Hautsch, Nikolaus (since 2012)

Transportation Science: Journal of Money, Credit and Banking: Hartl, Richard (since 2012) Loranth, Gyöngyi (since 2016)

Journal of Statistical Planning and Inference: Editorial Board Pötscher, Benedikt (since 2012)

Experimental Economics: Management Accounting Research: Müller, Wieland (since 2014); Tyran, Jean-Robert (since 2009) Pfeiffer, Thomas (since 2016)

Journal of International Business Studies: Diamantopoulos, Adamantios (since 2007) Editorial Board

Organization Science: Computers & Operations Research: Reitzig, Markus (since 2014) Vetschera, Rudolf (since 2002); Dörner, Karl Franz (since 2005)

Production and Operations Management: Computational Optimization and Applications: Gutjahr, Walter (since 2015) an international journal: Pflug, Georg (since 2000) Review of Economic Studies: Schmidt-Dengler, Philipp (2012-2019) Decision Support Systems: Vetschera, Rudolf (since 2014) Strategic Management Journal: Reitzig, Markus (since 2013) Energy Journal: Wirl, Franz (since 1993)

Health Care Management Science: Rauner, Marion (since 2006)

OR Spectrum: Quantitative Approaches in Management: Rauner, Marion (since 2006)

Research Achievements 2019 Editorial Work | 17 Other Journals

Editor, Co-Editor Journal of Behavioral and Experimental Economics: Kocher, Martin (since 2013) Business Research: Gehrig, Thomas (since 2015) Journal of Business Economics: Fabel, Oliver (since 2008) Central European Journal of Operations Research: Dörner, Karl Franz (since 2011); Pflug, Georg (since 2000); Journal of Economics: Rauner, Marion (since 2007); Vetschera, Rudolf (since 2004) Sorger, Gerhard (since 2005)

Empirical Economics: a quarterly journal of the Institute Journal on Vehicle Routing Algorithms: for Advanced Studies, Vienna: Dörner, Karl Franz (since 2016) Kunst, Robert (since 2000) Macroeconomic Dynamics: Homo Oeconomicus: Sorger, Gerhard (since 2015) Kocher, Martin (since 2016) Market Microstructure and Liquidity: Journal of Economic Psychology: Hautsch, Nikolaus (since 2014) Kocher, Martin (since 2015) OR Perspectives: Journal of Industry, Competition and Trade: Hartl, Richard (since 2013) Schmidt-Dengler, Philipp (since 2018) Quantitative Finance: Marketing: ZFP – Journal of Research and Management: Hautsch, Nikolaus (since 2019) Wagner, Udo (since 2009) Studies in Nonlinear Dynamics and Econometrics: Statistics & Risk Modeling: Sorger, Gerhard (since 2003) Pflug, Georg (since 2014) Stochastic Programming E-Print Series: Pflug, Georg (since 2000) Associate Editor

Bulletin of Economic Research: Editorial Board Borrmann, Jörg (since 2006) Akademija MM: Central European Journal of Operations Research: Wagner, Udo (since 2009) Bomze, Immanuel (since 2016); Gutjahr, Walter (since 2011); Hartl, Richard (since 2009) Applied Economics Quarterly: Gehrig-Merz, Monika (since 2002) Computational Management Science: Pflug, Georg (since 2000) Austrian Journal of Statistics: Pflug, Georg (since 2000) Dynamic Games and Applications: Sorger, Gerhard (since 2015) Business Informatics: Strauss, Christine (since 2017) Flexible Services and Manufacturing Journal: Dörner, Karl Franz (since 2016); Marion Rauner (since 2009) Business Research: Diamantopoulos, Adamantios (since 2010); Dörner, Karl Franz Group Decision and Negotiation: (since 2014); Hartl, Richard (since 2007); Wagner, Udo (since 2007) Vetschera, Rudolf (since 2015) Econometrics: International Game Theory Review: Hautsch, Nikolaus (since 2012) Sorger, Gerhard (since 1999) E-Journal Economics: International Journal of Decision Support System Technology: Gehrig, Thomas (since 2013) Vetschera, Rudolf (since 2015) Energy Systems: International Marketing Review: Pflug, Georg (since 2010) Sichtmann, Christina (since 2015)

Research Achievements 2019 Editorial Work | 18 EURO Journal on Computational Optimization: Journal of Experimental Political Science: Bomze, Immanuel (since 2019) Tyran, Jean-Robert (since 2013)

EURO Journal on Decision Processes: Journal of Global Optimization: Gutjahr, Walter (since 2012); Vetschera, Rudolf (since 2012) Bomze, Immanuel (since 2016)

EURO Journal on Transportation and Logistics: Journal of International Marketing: Hartl, Richard (since 2011) Diamantopoulos, Adamantios (since 2007)

European Journal of Marketing: Journal of Modelling in Management: Diamantopoulos, Adamantios (since 2007) Diamantopoulos, Adamantios (since 2007)

Industrial Marketing Management: Journal of Organization Design: Sichtmann, Christina (since 2015) Reitzig, Markus (since 2015)

Innovation and Entrepreneurship in Health: Journal of Strategic Marketing: Rauner, Marion (since 2014) Diamantopoulos, Adamantios (since 2007)

International Journal of Business and Systems Research: Journal of the Economic Science Association: Müller, Rauner, Marion (since 2006) Wieland (since 2014); Tyran, Jean-Robert (since 2014)

International Journal of Economics and Business Research: Labour History Review: Borrmann, Jörg (since 2009) Blaschke, Sabine (since 2008)

International Journal of Health Management and Information: Lecture Notes in Economics and Mathematical Systems: Rauner, Marion (since 2008) Pfeiffer, Thomas (since 2010)

International Journal of Operations Research and Ökonomie & Gesundheit: Information Systems: Rauner, Marion (since 2006) Rauner, Marion (since 2010) Operations Research for Health Care: International Journal of Stochastic Analysis: Rauner, Marion (since 2015) Pflug, Georg (since 2016) Operations Research Perspectives: International Marketing Management: Bomze, Immanuel (since 2016) Sichtmann, Christina (since 2015) Optimization Letters: International Marketing Review: Bomze, Immanuel (since 2016) Diamantopoulos, Adamantios (since 2007) Psychology & Marketing: International Transactions in Operational Research: Wagner, Udo (since 2018) Vetschera, Rudolf (since 2010) Review of Managerial Science: Journal of Behavioral and Experimental Economics: Pfeiffer, Thomas (since 2007); Wagner, Udo (since 2014) Tyran, Jean-Robert (since 2013) Socio-Economic Planning Sciences: Journal of Business Market Management: Rauner, Marion (since 2001) Sichtmann, Christina (since 2015) Sozialwissenschaftliche Forschungsmethoden: Journal of Business Research: Kittel, Bernhard (since 2018) Diamantopoulos, Adamantios (since 2007) Swarm Intelligence: Journal of Contemporary Economic and Business Issues: Hartl, Richard (since 2007) Wagner, Udo (since 2014) Trziste Market: Journal of Cross Cultural Marketing: Wagner, Udo (since 2013) Wagner, Udo (since 2014)

Research Achievements 2019 Editorial Work | 19 Externally Funded Research Projects

In this chapter we present our extensive research projects. The Faculty of Business, Economics and Statistics and its members engage in various research fields with multiple funding sources. Our biggest sponsors worth mentioning are the Austrian Science Foundation (FWF), the Austrian National Bank (OeNB) and the Christian Doppler Research Association (CDG). Funding as well as cooperation with other institutions and partners plays an essential part in our Faculty’s aim to research a broad range of scientific issues.

Sources of External Funding (in thousand €)

2015 2016 2017 2018 2019

FWF 1,387.4 1,189.9 1,362.0 1,458.9 1,519.5

OeNB 278.9 332.0 105.9 107.0 158.7

EU 51.1 208.0 51.8 197.9 -

Federal 146.4 128.5 - 116.0 -

FFG 152.9 157.7 197.8 116.7 59.0

WWTF 163.2 69.3 97.0 163.6 -

Private Businesses 75.3 204.3 136.7 15.7 -

ÖAW - 28.2 37.0 9.2 -

CDG 175.1 170.3 109.1 150.9 122.2

Other 558.20 734.7 234.3 133.6 175.2

Total 2,813.5 2,882.3 2,331.6 2,569.5 2,034.6

(Finance & Controlling 2020, University of Vienna)

Research Achievements 2019 Externally Funded Research Projects | 20 Externally Funded Individual Projects

Network Optimization & Analysis and individual level and how sustainable are redistributive agreements? We expect the principle of needs-based Contact Person: Leitner, Markus justice to minimize the tension between self-interested Research Themes: Corporate Strategies and Processes (CSP), and strategically induced distributive preferences (social Management of Resources (MR) preferences) and ethically reflected principles of justice Funding Source: WWTF (Vienna Science and Technology Fund) under two conditions: The recognition of needs takes place Funding: 450,000.00 € in a transparent way (social objectification) and available 2015 - 2019 expert information is optimally used (factual objectification). Answers to the four questions are sought by referring to two Networks are a ubiquitous tool to model the growing amount core hypotheses: The transparency hypothesis states that of data collected in science and business. In areas such as the individual and collective recognition of a distributive telecommunications, location theory, or social networks solution increases with the level of transparency of decision analysis (SNA), the size of the resulting networks and processes. In analogy, the expertise hypothesis states that the application data is ever increasing and analysis methods for objectification of decisions to recognize needs by reference to large-scale data are crucial to deal with them in a meaningful expertise increases the acceptance of a distributive solution. way. Typically, there are also inherent uncertainties associated Each of eight interdisciplinary projects focuses on one of with the input data and the implied optimisation problems the four research questions from the perspective of one of often face multiple objectives. These three aspects (large- the two hypotheses. Project B1 “Distributive Preferences scale data, uncertainty and multiple objectives) limit the and Needs-based Justice in Networks” uses a theory-driven applicability of available optimisation algorithms that are experimental approach to study the recognition of needs capable to deal with at most one (if any) of these aspects. as legitimate claims in the context of network structures Following our recent "thinning out'" modelling approach, we and the consequences thereof on the outcome of bilateral aim to develop novel mathematical models and algorithmic distributional negotiations. Building on sociological network solutions for solving highly relevant problems from operations exchange theory, we analyse the effect of network structures, management, telecommunications, and SNA at the large the transparency of structures for the actors involved, scale. We plan to exploit parallelization techniques, sparse the number of possible bilateral agreements, and social mathematical models and general-purpose heuristics, to preferences of position holders on the observance of needs in reconsider decomposition approaches, and apply them in the distributional agreements. Assuming self-interested, utility- context of high-performance computing. The obtained results maximizing behaviour, equality in distributional outcomes will enable the consideration of uncertain input data and / or tends to be generated by balanced power relations and multiple objectives at the large scale. To this end, various information on the network structure. Unbalanced power robust optimisation concepts and their applicability in multi- networks, however, promote highly skewed distributions in objective settings will be analysed. Results will be used to favour of high-power positions. While this general pattern derive high-performance solution methods aiming to solve has been supported by repeated experiments, other network realistic, large-scale problem instances. These approaches experiments, however, reveal systematic deviations from will be based on mixed-integer (non-linear) optimisation, these expectations. In particular, holders of structural power heuristics and parallelisation methods. positions tend to act more pro-socially under certain context conditions. The main research question is whether, in contrast Distributive Preferences and Need-based Justice in Networks to other justice principles, needs-based justice is recognized as a distributive principle in network structures otherwise Contact Person: Kittel, Bernhard hostile to redistribution. This result would suggest that Research Themes: Changing Market and Institutions (CMI), needs-based justice principles have a higher potential to Human Behavior and the Economy (HBE) legitimize distributions than other principles. Funding Source: FWF (Austrian Science Fund) Funding: 392,227.00 € Network Optimization in Bioinformatics and System Biology 2018 - 2021 Contact Person: Bomze, Immanuel; Ljubic, Ivana The research group “Needs-based Justice and Distributive Research Themes: Corporate Strategies and Processes (CSP), Procedures” intends to contribute to a positive and informed Data Science and Analytics (DSA), Management of Resources (MR) normative theory of needs-based justice supported by Funding Source: FWF (Austrian Science Fund) experimental evidence. This theory aims at providing answers Funding: 347,760.00 € to four questions: (i) How do individual identify needs and 2014 - 2019 which distributions are considered sufficient for identified needs? (ii) Which distributions are collectively recognized and Mathematical models and algorithmic approaches for how is the process of recognition organized? (iii) Which solving combinatorial optimisation problems from the dynamics does the process of collective recognition effectuate field of network optimisation are known to be essential with regard to the stability of a political agreement? And (iv) in telecommunications and the design of transportation What are the consequences of the incentives at the collective and supply chain networks. More recently, it has been

Research Achievements 2019 Externally Funded Research Projects | 21 discovered that network optimisation algorithms are also This project brings together researchers at the economics crucial in the context of bio-informatics and system biology. department at the University of Vienna and researchers at Numerous publications in system biology point out that the National Research University Higher School of Economics studying functions, structures and interactions of proteins in (Moscow). They will work on different subprojects where the combination with networks can provide new insights regarding relationship between information acquisition, disclosure robust biomarkers and can allow new discoveries regarding and diffusion is explored. The project envisages to organize protein functions, or testing of new hypothesis regarding one workshop in Moscow and an international conference in their interactions. Network optimisations algorithms have Vienna. also been applied in the analysis of functional modules in protein-protein interaction networks, the discovery of Navigating Brand Preference through Consumers’ Stereotypes regulatory subnetworks, in revealing hidden components in biological processes, or in detecting transcription factor Contact Person: Diamantopoulos, Adamantios; Florack, Arnd modules. Motivated by these recent developments, we aim Research Theme: Human Behaviour and the Economy (HBE) to study several network optimisation problems that are Funding Source: FWF (Austrian Science Fund) among the most challenging ones in the fields and that were Funding: 342,349.00 € not sufficiently studied or understood so far. In this project 2018 - 2021 we also aim at developing the first supernetwork-driven approach in combinatorial optimisation that will seamlessly This project focuses on three distinct kinds of stereotypes integrate various methodologies from operations research that are expected to influence consumer behavior, involving (exact and metaheuristic approaches for network optimisation) beliefs about the characteristics of (a) typical users of a certain and computer science (machine learning) into a single brand (brand user stereotype), (b) different countries and mathematical framework. their people (country-of-origin stereotype), and (c) different brands (brand stereotype). As the usefulness of stereotypes Information Acquisition, Diffusion and Disclosure in Markets as explanatory constructs in consumer behavior is clearly dependent on their ability to boost perceptions of consumer Contact Person: Janssen, Maarten; Mauring, Eeva; Garcia, Daniel value and/or mitigate perceived risk, this is one important Research Themes: Changing Market and Institutions (CMI), issue examined in the project. Moreover, the extent to which Corporate Strategies and Processes (CSP) the interplay between multiple consumer stereotypes is Funding Source: FWF (Austrian Science Fund) characterized by cross-national stability (or otherwise) will Funding: 342,349.00 € also be also assessed. 2018 - 2021 Organizational Design for New Organizational Forms Whether or not markets perform well in coordinating demand and supply depends to a large extent on the information Contact Person: Reitzig, Markus agents possess. Often consumers need to acquire information Research Theme: Corporate Strategies and Processes (CSP) about product characteristics and prices to be able to Funding Source: FWF (Austrian Science Fund) carefully compare the product offerings of different firms. Funding: 333,291.00 € Market power of firms depends on the information consumers 2014 - 2020 have. If consumers are not informed about alternative prices, market power arises naturally as a consequence of the lack We propose to study if – and where – extant theories of of information. On the other hand, firms may have incentives organizational design require elaborations in order to to reveal some of their private information. Information explain the emergence and effectiveness of so-called new disclosure by firms may take the form of self-advertising, organizational forms such as open source software or information provided by third party intermediaries or rating new business models. We suggest that classic theories of agencies. An important question in this regard is whether the organizational design – among them Carnegie school and its information that firms directly or indirectly provide is verifiable derivatives (e.g. contingency theory), while capturing important or not. In the latter case, firms may lie about the information features of even novel forms of organizing, may benefit they provide and consumers must decide whether to trust the from elaborations regarding three distinct sub-questions, information or not. If information is non-verifiable, firms may namely: how relevant are authority and hierarchy, traditional not have an incentive to disclose information in the first place solutions to the design challenge of dividing labor and as the content may not be trusted by consumers. integrating effort, to new organizations? Second, under which conditions is self-selection considered to be an important Acquisition, disclosure and diffusion of information are solution to the organizational design challenge in new forms clearly related. When few people acquire information, of organizing, truly effective? Third, how do different solutions little information can be diffused, while if information is to the design challenges of task division, task allocation, disclosed and disseminated efficiently, people may not have rewards distribution, and information provision complement the incentive to incur a cost to acquire more information one another? themselves.

Research Achievements 2019 Externally Funded Research Projects | 22 Josef Ressel Centre for Adaptive Optimisation in Dynamic Evaluation of Soft Measures to Promote Student Success Environments (JRC AdaptOp) Contact Person: Tyran, Jean-Robert; Sonntag, Axel Contact Person: Dörner, Karl Franz Research Theme: Human Behaviour and the Economy (HBE) Research Theme: Data Science and Analytics (DSA), Funding Source: Austrian Federal Ministry of Education, Management of Resources (MR), Science and Research (BMBWF) Funding Source: CDG (Christian Doppler Forschungsgesellschaft) Funding: 300,000.00 € Funding: 331,904.00 € 2016 - 2019 Duration: 2019 - 2024 The aim of this research project is to systematically evaluate Abstract JRC: various "soft" measures implemented by the University of The Josef Ressel Centre for Adaptive Optimisation in Dynamic Vienna to promote student success. Measures are called "soft" Environments (JRC AdaptOp) identifies new applications if they do not entail regulations for students or are based on in dynamic real-world environments and aims at the economic incentives like sanctions or rewards. Therefore, development of planning approaches that can cope with students are not coerced or constrained by soft measures and continuously changing conditions. Dynamic optimisation remain entirely free to choose the pace and sequence of their problems (DOPs) in domains such as warehousing, production, studies as if the measures were not present. Soft measures are and transportation are primarily addressed in this context. The also cheap to implement. Typical examples of such measures workloads of gantry cranes, heavy-duty vehicles, and glass are reminders of important deadlines or providing online production lines are subject to optimisation. New DOPs within tools for planning coursework. To evaluate the effectiveness these domains will be formulated and new benchmarks will of such measures, the University plans to implement a series be created. The goal is to build a framework for open-ended of soft measures at different times in different faculties. Not adaptive methods, facilitating the detection of changes in all students will therefore experience the same measures at the environment and the reaction to them. The integration the same time. The purpose of the evaluation is to determine of machine learning techniques to predict the occurrence of which measures are particularly effective such that they can future events, devise potential future scenarios, and select be used to the benefit of all students. and configure promising algorithms is also a major research focus. Finally, the methods' performances will be studied Understanding Consumer Search and compared within controlled simulation experiments and evaluated within real-world test environments at the JRC's Contact Person: Schmidt-Dengler, Philipp; Garcia, Daniel industrial partners Industrie-Logistik-Linz GmbH (ILL), LiSEC Research Themes: Changing Markets and Institutions (CMI), Austria GmbH (LiSEC), Logistik Service GmbH (LogServ), and Corporate Strategies and Processes (CSP), Data Science and voestalpine Stahl GmbH (voestalpine). Analytics (DSA), Human Behaviour and the Economy (HBE) Funding Source: FWF (Austrian Science Fund) Abstract external module of the University of Vienna: Funding: 271,650.00 € The University of Vienna, as an external module of the JRC, 2018 - 2021 studies the transportation and intermediate storage of semi-finished casting products, so-called steel slabs, inside In most retail markets, consumers have to spend time and a steel-producing plant. Within the scope of intra logistical other resources in order to gather information about prices optimisation efforts, the research emphasis is threefold. and other product characteristics. The process through First, solve a pickup and delivery problem that addresses the which this information is gathered, referred to as the search transportation of steel slabs as they pass multiple production protocol, has important implications for demand estimation stages, all of which are carried out at different locations inside and market structure. In this project we aim to introduce a the plant. Second, address the storage of work-in-process new test that allows us to identify the protocol consumers use materials during the time they are buffered in large (outdoor) in the presence of learning and implement it using real-world storage yards, waiting to be fed into the next stage of the web browsing data and online field experiment specifically production process. As the storage yards are organised designed for this question. in rows and function as two-dimensional stacking areas, consisting of stacks built up by steel slabs being located on Order Book Foundations of Price Risks and Liquidity: top of each other, it is of utmost importance to ensure that An Integrated Equity and Derivatives Markets Perspective the stacks remain organised while being manipulated during steel slab pickups or deliveries. Third, increase productivity Contact Person: Hautsch, Nikolaus by pre-marshalling slab yard stacks. This refers to the Research Themes: Changing Markets and Institutions (CMI), re-organisation of stacks such that varietal purity of stacks Data Science and Analytics (DSA) is maintained by making sure that slabs of a certain order or Funding Source: FWF (Austrian Science Fund) type are stored closely together in a desired sequence. Funding: 243,000.00 € 2017 - 2020

Research Achievements 2019 Externally Funded Research Projects | 23 Most financial markets are nowadays organized in the form scheme on the rich and poor and subsequent unethical of electronic limit order book markets. The introduction of behavior. Imposed distributive schemes would systematically electronic trading has substantially changed the trading vary how much post-distribution rank is maintained/reversed landscape over the last decade. Many high-speed activities and how income inequality is decreased/increased between on financial markets are not well understood and are subject them. of concerns to market operators and regulators. This research will be the first project bringing together the limit order books Supranational climate-policy delegation (LOBs) of a stock market with those of derivatives written on this asset. Using empirical and statistical models the project Contact Person: Pichler, Paul will investigate the vast amount of information provided by Research Themes: Changing Market and Institutions (CMI), integrated stock and derivative LOBs. This information will Human Behaviour and the Economy (HBE), Management of be processed to measure and predict risks associated with Resources (MR) volatility, liquidity and price jumps. The project addresses Funding Source: FWF (Austrian Science Fund) two major research questions: First, can we exploit detailed Funding: 210,010.00 € LOB data of stocks and corresponding options to improve the 2018 - 2021 measurement and prediction of volatility? Second, how does LOB information spill over from equity and derivative markets International agreements to fight global warming in the past and how can this information be used to better understand often had limited success or failed altogether, such as the the determinants of volatility, liquidity and jump risks on the Copenhagen Summit in 2009. Against this background, there micro level? have been recurrent proposals by academic researchers, policy advisors, and political commentators to create a Self-serving views on redistributive fairness supranational climate protection authority with the explicit mandate to fight global warming, and to delegate decision Contact Person: Dezsö, Linda; Tyran, Jean-Robert power over certain climate-relevant policies once and for all Research Theme: Human Behaviour and the Economy (HBE) to this authority. Their argument is that an independent Funding Source: FWF (Austrian Science Fund) authority can implement necessary but painful climate-policy Funding: 234,000.00 € reforms much better than elected politicians, who are 2018 - 2022 often driven by myopic re-election concerns. The aim of the proposed project is to better understand whether this Experimental research on distributive preferences reports argument in favor of a supranational environmental authority that people prefer compensating low income through is indeed valid. We plan to carefully study if and when it redistribution when it is due to factors one cannot control. may be economically beneficial for countries to delegate However, there are situations where partners' incomes climate-relevant policies, and how such delegation would were previously unequal, while in a new, present income affect international climate policies. We plan to address these allocation they receive equal outcomes. Only one paper and other related questions within a theoretical economic examines a similar situation, finding that the person with model of climate policy, designed to capture the key the unfortunate history self-servingly believes that he is trade-off between the economic benefits of energy con- entitled to compensation for his past, while the person with sumption, investment into clean technologies for energy the fortunate history believes that the past is irrelevant to production, and environmental pollution costs. The proposed the present. We propose an agenda investigating how history project is the first to develop a theoretical model of supra- shapes distributive preferences, and the association between national climate-policy delegation and ask whether an distributive fairness violations and unethical behavior. We independent supranational environmental authority could argue that examining the relationship between history and alleviate the pressing problem of global warming. It thereby distributive preferences sheds light, for example, on whether contributes to an important discussion on the design of a fair welfare system should consider individual contribution socio-economic institutions to guarantee sustainability of history. economic policies for the years to come.

First, we ask if asymmetric contribution history to joint Sansero Safe and Secure Routing earnings leads to self-serving invocations of history between partners when proposing divisions. Second, we address Contact Person: Dörner, Karl Franz whether partners sharing asymmetric initial income levels Research Theme: Management of Resources (MR) due to a previous allocation hold divergent views about the Funding Source: FWF (Austrian Science Fund) fair distribution of new, jointly created proceeds to which they Funding: 180,548.00 € contributed equally. We study the extent to which preferences 2015 - 2019 for maintaining income hierarchy and inequality aversion (beyond greed) drive distributive preferences. Relatedly, we In this project, a new multi-criterial vehicle routing problem examine the association between imposing a distributive is studied in which different locations demand for periodic

Research Achievements 2019 Externally Funded Research Projects | 24 service. The objective is to determine cost efficient yet A Stakeholder Theory Perspective on Franchise Relationships heterogeneous tours. The latter is defined such that repeating particular sequences of nodes or edges has to be avoided Contact Person: Windsperger, Josef and that service at specific nodes or edges are serviced at the Research Theme: Corporate Strategies and Processes (CSP) same time of day they have already been serviced before. Funding Source: OeNB Anniversary Fund Funding: 124,000.00 € Dynamic Uncertainty Modeling in Finance 2019 - 2020

Contact Person: Klein, Irene; Cuchiero, Christa The aim of this study is to investigate franchise relationships Research Theme: Changing Markets and Institutions (CMI), through the lens of stakeholder theory. We contribute to Data Science and Analytics (DSA) stakeholder and franchising literature by showing that Funding Source: FWF (Austrian Science Fund) franchisees play multiple stakeholder roles (i.e. of customers, Funding: 128,142.00 € employees, investors, or business partners), and as such, 2018 - 2021 warrant higher priority and managerial attention from their franchisors. We demonstrate that stakeholder theory can Since the beginning of the financial crisis in 2007, stability of alternatively provide the basis for exploring the multilateral financial markets has become a major topic attracting a lot nature of franchisor-stakeholder relationships as a way of of attention from experts in finance, economy and politics. In managing various stakeholders’ interests for joint value the field of mathematical finance, this led for instance to the creation. We apply a three stage least squares estimation emergence of a branch called “robust finance”, which aims (3SLS) approach to reveal that franchisors’ stakeholder at making financial modeling more solid in times of crises. salience is not only influenced by individual stakeholder The goal of this project is to establish two important aspects attributes (such as power, legitimacy, and urgency), but also in this area: introducing dynamic modeling ideas and jointly by the perceived salience of the other stakeholders. capturing model risk and information risk. Low Emission Electric Freight Fleets (LEEFF) Mathematically, we incorporate model risk via so-called mixture-models and non-linear Markov processes. In both Contact Person: Dörner, Karl Franz (project collaboration with approaches parameter uncertainty and its dynamic nature external partners) due to incoming information is explicitly taken into account. Research Theme: Management of Resources (MR) In other words we accommodate the view that model risk Funding Source: FFG (Austria Research Promotion Agency) is among other things a consequence of insufficient or even Funding: 122,500.00 € (attributed to our Faculty; total funding wrong information. This information risk is modeled via two of project 2,679,000.00 €) filtrations. The smaller filtration contains the information 2016 - 2019 actually available to market participants, while the larger filtration also includes (idealized) information on unobservable As the LEEFF (Low Emissions Electric Freight Fleets) project quantities. Prices are supposed to be adapted to the larger follows an integrative multiperspective approach to the Call filtration, whereas actual observations can only be done in objectives, the key elements of the examined system have the smaller filtration, because of unreliable data sources to be identified. These key elements contribute to reach and discrete and noisy signals. This allows us to go beyond the target of a commercially viable overall solution for an the usual assumptions taken in mathematical finance – for electric fleet operation addressed by the Call. To reach the example, price processes do not need to be semimartingales set targets, an advanced eVan together with an adapted any longer. In this general two-filtration setup in continuous battery and a smart charging station for commercial use at time we analyze all foundational questions, like fundamental logistical hubs will be developed and an innovative business theorems, superhedging, stochastic integration and model model for fleet operators together with adapted planning calibration. and communication tools realised as a prototype. The target users will be provided practical guidelines, a show case Our main field of application are fixed income markets with presentation based on a comprehensive demonstration mode multiple yield curves, which became due to the financial crisis and a strategic implementation. highly important. These markets are a prototypical example for model uncertainty being caused by unobservable but When do culturally diverse groups create value? important factors, namely liquidity and credit risk in this case. Beyond that they show the necessity of a new formulation Contact Person: Keck, Steffen of the mathematical modeling setup within which we aim to Research Theme: Human Behavior and the Economy (HBE), lay the theoretical foundations to answer questions of model Management of Resources (MR) calibration, pricing and hedging. Funding Source: OeNB Anniversary Fund Funding: 120,000.00 € 2018 - 2019

Research Achievements 2019 Externally Funded Research Projects | 25 The question whether groups actually benefit or are being optimization efforts, the emphasis of our study is twofold. harmed from cultural diversity has not been answered First, we develop a transportation model that addresses conclusively as of today. In this project we will contribute the routing of steel slabs as they pass multiple production to closing this gap in our current knowledge by addressing stages, all of which are carried out at different locations inside two important limitations of prior work in this area which the plant. Second, we address the stacking and sorting of has typically treated cultural diversity as a one-dimensional work-in-process steel slabs during the time they are buffered construct and furthermore assumed that cultural diversity in large storage yards, waiting to be fed into the next stage of has a fixed static effect on group outcomes. In contrast, in this the production process. By developing a combined approach project we will explicitly focus on a) the role of multi-cultural that optimizes the transportation and stacking of steel slabs, group members and b) explore the dynamic effects of group cost-cutting potentials and efficiency improvements can be diversity over time. revealed.

Consistent Stochastic Inventory Routing Management Out-of-sample Prediction Using Shrinkage Estimators (COSIMA) Contact Person: Leeb, Hannes Contact Person: Dörner, Karl Franz Research Theme: Data Science and Analytics (DSA) Research Theme: Management of Resources (MR) Funding Source: FWF (Austrian Science Fund) Funding Source: FWF (Austrian Science Fund) Funding: 192,181.00 € Funding: 118,104.00 € 2013 - 2019 2016 - 2019 In regression, performance analyses of shrinkage estimators This project integrates two fundamental logistical aspects that are mainly focused on parameter estimation and on in-sample are typically investigated independently or sequentially: prediction. Little is known about the performance of shrinkage inventory management and transportation routing optimi- estimators for out-of-sample prediction, where the goal sation. We extend the existing knowledge with regard to consists of estimating the regression function at new and essential real-world characteristics of such problems and un-observed points. Recently, Huber and Leeb (2013) showed develop new approaches for the integration of these two that the James-Stein estimator can fail to dominate the aspects. Stochastic demands at the retailers are typically maximum-likelihood estimator for out-of-sample prediction. non-stationary and correlated, emergency shipments are The goal of the proposed research project is to analyse this allowed and service level requirements have to be met. and related phenomena, to design new shrinkage estimators Moreover, we incorporate consistency, i.e. delivery at a with good predictive performance out-of-sample, and to certain retailer should always take place within the develop inference methods like prediction intervals based on same time interval. This leads to a two-stage multi-echelon these new estimators. inventory problem with routing, stochastic lead times and non-equidistant review periods.

Heuristic Optimization in Production and Logistics (HOPL)

Contact Person: Dörner, Karl Franz Research Theme: Management of Resources (MR) Funding Source: University of Applied Sciences Upper Austria Wels Campus Funding: 35,254.00 € 2018 - 2019

Increasing quality expectations, complex handling processes, and high throughput volumes lay particular stress on the steel industry. Crucial tasks of steel producing plants are the transportation and intermediate storage of steel slabs over time. Steel slabs are heterogeneous semi-finished products that are produced at continuous casters and further processed inside the plant. According to specific handling instructions, the cast steel must pass additional treatment stages, involving scarfing, resting and temperature-regulating handling processes. All of these treatment stages generate transportation requirements, which in turn trigger stacking and sorting processes. Within the scope of intra logistical

Research Achievements 2019 Externally Funded Research Projects | 26 Externally Funded Graduate Schools

Vienna Graduate School of Economics Vienna Graduate School of Finance (5th Funding Period)

Contact Persons: Cunat, Alejandro; Janssen, Maarten; Contact Persons: Gehrig, Thomas; Hautsch, Nikolaus; Schmidt-Dengler, Philipp; Müller, Wieland; Schlag, Karl; Loranth, Gyöngyi Merz, Monika; Pichler, Paul; Garcia, Daniel; Sorger, Gerhard Partner Institutions: Vienna University of Economics and Partner Institutions: Institute for Advanced Studies (IHS) Business (WU) & Institute for Advanced Studies (IHS) Research Themes: Changing Market and Institutions (CMI), Research Themes: Changing Market and Institutions (CMI) Human Behavior and the Economy (HBE) Funding Source: FWF (Austrian Science Fund) Funding Source: FWF (Austrian Science Fund) Funding: 350,000.00 € (attributed to our Faculty; total funding Funding: 1,669,531.00 € of project 1,350,000.00 €) 2017 - 2021 2018 - 2022

VGSE offers a broad three-year PhD program in economics The VGSF is a joint graduate school of the University of Vienna, with a world-class faculty located in the center of Vienna. WU, and the Institute for Advanced Studies. The VGSF offers VGSE specializes in offering field courses and research a well-structured, top-notch PhD program in Vienna. The seminars where students and professors present ongoing Faculty members are part of an international network and research, and intensively supervised research time. The leading scholars are invited to teach courses or present in faculty members are recognized by the international research seminars. The program is entirely run in English. VGSF has an community as experts in microeconomics, macroeconomics, excellent track record with placements at MIT, Georgia Tech, or econometrics and are well connected to the international University of Wisconsin, University of Amsterdam, Aarhus research community. The program aims at attracting the best University, BI Norwegian Business School, University of Oslo, students from a master’s program with advanced courses University of Copenhagen, Humboldt University, University of in microeconomics, macroeconomics, and econometrics. Odense, Hong Kong University, University of Calgary, Swiss Students graduating from VGSE develop into independent Finance Institute and many more. researchers of the highest academic standards.

Vienna Graduate School on Computational Optimization

Contact Person: Bomze, Immanuel; Pflug, Georg Partner Institutions: Faculty of Mathematics, Faculty of Computer Science, Vienna University of Technology (TU), Institute of Science and Technology Austria (IST) Research Theme: Data Science and Analytics (DSA) Funding Source: FWF (Austrian Science Fund) Funding: 398,949.00 € (attributed to our Faculty; total funding of project 1,595,795.00 €) 2016 - 2019

The Vienna Graduate School on Computational Optimization (VGSCO), financed by the Austrian Science Fund (FWF), isa collaboration between the Faculty of Business, Economics and Statistics, the Faculty of Mathematics and the Faculty of Computer Science (all 3 of University of Vienna), the University of Technology (TU) Vienna and the Institute of Science and Technology (IST) Austria. It was started in fall 2016 with 8 fully and 10 partially funded students who were carefully selected in a competitive manner. The goal of the research and training programme of this Graduate School is to give the PhD candidates a comprehensive training in optimization with special emphasis on algorithmic and computational aspects as well as to prepare them for a scientific career by introducing them into the scientific networks of the participating scientists. The structure of the programme also allows to study the relations between different areas of optimization. In the long term, the collaboration between the members and their institutions will be fostered in order to make Vienna a place of excellence in Computational Optimization.

Research Achievements 2019 Externally Funded Research Projects | 27 Other Fundings

Vaccine Mapping in Vienna Primary Schools

Contact Person: Rauner, Marion; Blaschke, Sabine Research Theme: Corporate Strategies and Processes (CSP), Management of Resources (MR), Human Behavior and the Economy (HBE) Funding Source: Merck Sharp & Dohme GesmbH Funding: 35,000.00 € 2018 - 2019

This industrial collaboration focuses on the execution of vaccine mapping for Vienna primary schools. With interview- based research (qualitative and quantitative) a questionnaire is developed based on international literature to investigate the current stage of the vaccination situation regarding children in 4th grade based on statistical methods. The size of the target sample is about 40 schools and about 1,600 pupils with at least one school in each of the Viennese districts. The main aim is to identify reasons for vaccination gaps (since the child vaccination program is fully reimbursed in Austria) and to create solutions to close vaccination gaps.

Working Group „Financial Crises“

Contact Person: Gehrig, Thomas Research Theme: Changing Markets and Institutions (CMI) Funding Source: ÖFG (Österr. Forschungsgemeinschaft) Funding: max. 15,000.00 € per year 2013 - 2019

The working group “Financial Crises“ is a forum for scientific analysis of the European economic crises of the new millennium. It focusses on creating public information as a basis for public discussion to cope with those crises and prevent future even more challenging ones. Therefore, the working group contributes to providing facts and raising awareness for public debates on financial crises and crises in general. It addresses the fundamental question whether, and, if yes, how, liberal social systems can be organised in a resilient manner.

Research Achievements 2019 Externally Funded Research Projects | 28 Dissemination of Research

This section lists our activities in disseminating, discussing and debating research, starting with a list of talks given by our Faculty from the University of Vienna by speaker in chronological order. Subsequently, we mention research visits and collaborations realised by our Faculty. We then state workshops that have been (co-)organised by members of our Faculty, as well as presentations in one of our many seminar series. We close this section by indicating awards and fellowships our Faculty members received in 2019.

Talks

Zur Lage der österreichischen Wirtschaft und den Discrimination and Fostering Trust notwendigen Strukturreformen Sigma Samhita (Speaker), Wieland Müller (Contributor) Martin Kocher (Speaker) Department of Economics, University of Vienna, Austria Benedikt Kausky Kreis, Austria 23 Jan 2019 4 Jan 2019 Market Transparency and Consumer Search – Zeuthen-Hicks bargaining as a model of negotiation Evidence from the German Retail Gasoline Market processes – Theoretical problems and empirical evidence Simon Martin (Speaker) Rudolf Vetschera (Speaker) Norwegian School of Economics, Bergen/Norway Universidade de Coimbra, Portugal 24 Jan 2019 9 Jan 2019 A Genetic Programming Approach for Flow Shop Scheduling Bogota Experimental Economics Conference Problems with Alternative Resources, Sequence-dependent Victor González-Jimenez (Speaker) Setup Times, and Blocking Del Rosario University, Bogota/Colombia Frank Benda (Speaker) 10 Jan 2019 - 13 Jan 2019 OLA International Conference on Optimization and Learning, Bangkok/Thailand Market Transparency and Consumer Search – 29 Jan 2019 Evidence from the German Retail Gasoline Market Simon Martin (Speaker) Market Transparency and Consumer Search – DICE – Düsseldorf Institute for Competition Economics, Germany Evidence from the German Retail Gasoline Market 15 Jan 2019 Simon Martin (Speaker) Copenhagen Business School, Frederiksberg/Denmark Robust tail index: new insights 29 Jan 2019 Corina Birghila (Speaker) 12th Freiburg–Wien–Zürich Seminar, Vienna/Austria Market Transparency and Consumer Search – 15 Jan 2019 - 16 Jan 2019 Evidence from the German Retail Gasoline Market Simon Martin (Speaker) Market Transparency and Consumer Search – Evidence from Universität Mannheim, Germany the German Retail Gasoline Market 31 Jan 2019 Simon Martin (Speaker) Universidad Carlos III de Madrid, Spain The price of capital, factor substitutability and corporate profits 18 Jan 2019 Monika Merz (Speaker) 49. Sitzung des Ausschusses für Geldtheorie und -politik des Die subjektive Erfahrung des Bezugs der Bedarfsorientierten Vereins für Socialpolitik, Zürich/Switzerland Mindestsicherung in Niederösterreich: 31 Jan 2019 - 1 Feb 2019 Eine interviewbasierte Analyse Bernhard Kittel (Invited speaker) Building trust: The costs and benefits of gradualism Arbeiterkammer – Kammer für Arbeiter und Angestellte, Wieland Müller (Speaker) Vienna/Austria The Neoclassica Repair Shop and its Alternatives: 21 Jan 2019 Workshop in honor of Werner Güth’s 75th birthday, Berlin/Germany 2 Feb 2019 - 3 Feb 2019

Research Achievements 2019 Dissemination of Research | 29 Robust clustering in social networks Information and Price Dispersion Bomze, Immanuel (Invited Speaker) Philipp Schmidt-Dengler (Speaker) École polytechnique fédérale de Lausanne, Switzerland European Commision Directorate General Competition, Belgium 4 Feb 2019 20 Feb 2019

Couples' time-use and aggregate outcomes: Artificial Intelligence and Moral Rights Evidence from a structural model Martin Miernicki (Speaker) Monika Merz (Speaker) 22. Internationales Rechtsinformatik Symposion IRIS 2019: University College London, United Kingdom Generalthema „Internet of Things“, Salzburg/Austria 5 Feb 2019 21 Feb 2019

Endogenous credit constraints: Bank Resolution Regimes: Risk-Shifting and Resolution Efficiency the role of informational non-uniqueness Gyöngyi Loranth (Speaker) Gerhard Sorger (Speaker) Banca d’Italia, Italy Universitat de Barcelona, Spain 22 Feb 2019 5 Feb 2019 Couples' time-use and aggregate outcomes: The simplest of the hard problems… Evidence from a structural model Immanuel Bomze (Invited speaker) Monika Merz (Speaker) Università degli Studi di Pisa, Italy University of Oslo, Norway 6 Feb 2019 26 Feb 2019 - 1 Mar 2019

Vehicle Routing with Equity and Balance Criteria: Non-convex min-max fractional quadratic problems under Models, Methods, Insights quadratic constraints: copositive relaxations Richard Hartl (Invited Keynote Plenary) Immanuel Bomze (Keynote speaker), Paula Alexandra Amaral OR, Belgium (Contributor) 7 Feb 2019 - 8 Feb 2019 Workshop 2: Numerical Algorithms in Nonsmooth Optimization, Vienna/Austria Power, Knowledge, and Justice: Experiments on Distributive 26 Feb 2019 Decisions in Networks Bernhard Kittel (Invited speaker) Distributive Preferences and Need-based Justice in Networks Max-Planck-Institut zur Erforschung von Bernhard Kittel (Speaker) Gemeinschaftsgütern, Bonn/Germany Jahrestagung der Forschungsgruppe FOR2104, 11 Feb 2019 Bremen/Germany 28 Feb 2019 Identity Management in E-Commerce and Business Law Martin Miernicki (Speaker) A Cost-effectiveness Analysis for an Ambulant Psychiatric Trust and Internet Identity Meeting Europe (TIIME) 2019, Rehabilitation Programme in Vienna, Austria Vienna/Austria Alexandra Schosser (Speaker), Andreas Affenzeller (Speaker), 11 Feb 2019 - 14 Feb 2019 Birgit Senft (Speaker), Marion Rauner (Speaker) 4th ATHEA Conference “Economics of Child Health”, Information and Price Dispersion Vienna/Austria Philipp Schmidt-Dengler (Speaker) 1 Mar 2019 Central European University Budapest, Hungary 13 Feb 2019 Does political participation recover after a civil war? Evidence from Bosnia and Herzegovina An Analysis of Net-Outcome Contracting with Applications to Dijana Zejcirovic (Speaker) Equity-Based Compensation Association for the Study of Religion, Economics, and Culture, Thomas Pfeiffer (Speaker) Boston/United States Frankfurt School of Finance and Management, 1 Mar 2019 Frankfurt/Germany 19 Feb 2019 Nonparametric Distributional Robustness in Multistage Stochastic Optimization Civic Engagement as a Second-Order Public Good Georg Pflug (Invited speaker) Jean-Robert Tyran (Speaker) SMSA 2019 – Stochastic Models, Statistics and their Application, Université Paris I – Panthéon-Sorbonne, Paris/France Dresden/Germany 19 Feb 2019 6 Mar 2019 - 8 Mar 2019

Research Achievements 2019 Dissemination of Research | 30 The Transparency of Needs in Networks. Power, Knowledge Hat die Wirtschaft ihr Vertrauenskapital verspielt and Altruism Martin Kocher (Speaker) Bernhard Kittel (Invited speaker) Bayerische Saatskanzlei, Germany Research Seminar, Economics and Finance Group, 15 Mar 2019 Portsmouth/United Kingdom 6 Mar 2019 7th eeecon Lecture Martin Kocher (Speaker) Quasi-dark trading: The effects of banning dark pools in a Leopold-Franzens-Universität Innsbruck, Austria world of many alternatives 19 Mar 2019 Thomas Johann (Contributor), Talis Putnins (Contributor), Satchit Sagade (Contributor), Christian Westheide (Speaker) Comments on Structural Model of Product Line Pricing in Securities Markets Trends, Risks and Policies (ESMA, CONSOB Differentiated Good Markets and Bocconi), Milan/Italy Philipp Schmidt-Dengler (Speaker) 7 Mar 2019 Jahrestagung des Industrieökonomischen Ausschusses, Bern/Switzerland Alles außer Langeweile 20 Mar 2019 - 22 Mar 2019 Markus Georg Reitzig (Speaker) BeSt-Messe 2019, Vienna/Austria Estimating Dynamic Demand with High-Frequency Sales Data 7 Mar 2019 - 10 Mar 2019 and Price Recommendations Daniel Garcia (Speaker) Die Motivation von Zeitschriften an Open Access am Beispiel Annual Meeting of the Industrial Organization Committee of der Zeitschrift Businesss Research the Verein für Sozialpolitik, Bern/Switzerland Thomas Gehrig (Keynote speaker) 21 Mar 2019 100 Jahre ZBW, Berlin/Germany 12 Mar 2019 Social closeness in peer effects Georg Sator (Speaker) The real exchange rate, innovation and productivity Innsbruck Winter Summit 2019: (Un)Ethical Behavior in Markets, Alejandro Cunat (Invited Speaker) Innsbruck/Austria Graduate Institute of Geneva, Switzerland 21 Mar 2019 12 Mar 2019 Information, reflection, and successful job search. Building trust: The costs and benefits of gradualism A nudging experiment Wieland Müller (Speaker) Monika Mühlböck (Speaker) University of Nottingham, United Kingdom RC28 Spring Meeting, Frankfurt/Germany 13 Mar 2019 21 Mar 2019 - 23 Mar 2019

Building trust: The costs and benefits of gradualism On Autocorrelation Robust Tests and Testing for Trends Wieland Müller (Speaker) Benedikt Pötscher (Invited speaker) University of Birmingham, United Kingdom Università degli Studi di Bologna, Italy 14 Mar 2019 22 Mar 2019

Multiple time scales and model ambiguity in multistage T2M Nuremberg stochastic optimization Martin Wolf (Speaker) Martin Glanzer (Speaker) 23rd Conference Theories and Methods in Macroeconomics Princeton University, New Jersey/United States (T2M), Nürnberg/Germany 14 Mar 2019 22 Mar 2019

ICOs, STOs und das Recht der Tokenization On war and political radicalization Martin Miernicki (Speaker), Stephan Heckenthaler (Speaker) Stephanos Vlachos (Speaker) Seminar Series: Legal Aspects of Digitalisation, Vienna/Austria Masaryk University, Brno/Czech Republic 14 Mar 2019 25 Mar 2019

Discussion of Capacity Rights and Full Cost Transfer Pricingm Disincentives from Redistribution – Evidence on a Dividend from Sunil Dutta and Stefan Reichelstein of Democracy Thomas Pfeiffer (Speaker) Axel Sonntag (Invited speaker) Ausschuß Unternehmensrechnung, Bern/Switzerland Burgundy School of Business, France 15 Mar 2019 26 Mar 2019

Research Achievements 2019 Dissemination of Research | 31 Bank Resolution Regimes: Time pressure in bidding Risk-Shifting and Resolution Efficiency Martin Kocher (Speaker) Gyöngyi Loranth (Speaker) GATE Lyon St-Etienne, France Lancaster University, United Kingdom 5 Apr 2019 27 Mar 2019 Skill Demand and Wages. Stochastic constrained optimization in Hilbert spaces Evidence from Online Job Postings in Austria with applications Lennart Ziegler (Speaker) Georg Pflug (Invited speaker) IZA Junior/Senior Symposium, Austin/United States CMS-MMEI; Computational Management Science – 9 Apr 2019 Mathematical Methods in Industry and Economics, Chemnitz/ Germany The Effects of Post-Trade Transparency in Equity Markets: 27 Mar 2019 - 29 Mar 2019 Evidence from MiFID Large Trade Disclosure Rules Stefan Scharnowski (Speaker), Primal-dual forward-backward methods for PDE-constrained Christian Westheide (Contributor) optimization problems The University of Sydney, New South Wales/Australia Teresa Scarinci (Speaker) 9 Apr 2019 Workshop on Control Theory and Applications, L'Aquila/Italy 28 Mar 2019 First-order methods for the impatient: support identification in finite time with convergent Frank-Wolfe variants Fake news, overconfidence and the quality of Immanuel Bomze (Invited speaker), democratic choice Francesco Rinaldi (Contributor), Jean-Robert Tyran (Speaker) Samuel Rota Bulò (Contributor) Universita Ca’ Foscari, Venezia/Italy Workshop on "Games, Dynamics, and Optimization 2019", 1 Apr 2019 Cluj-Napoca/Romania 10 Apr 2019 Limits to Arbitrage in (Blockchain-Based) Markets with Stochastic Latency Time pressure in bidding Nikolaus Hautsch (Invited speaker) Martin Kocher (Speaker) The University of Chicago, United States Humboldt-Universität zu Berlin, Germany 2 Apr 2019 12 Apr 2019

A Tale of Two Cities – Inter-Market Latency, The dark side of underpayment inequity: Corrupted tax com- Market Integration, and Market Quality pliance and compliance norms among the unfairly underpaid Satchit Sagade (Contributor), Stefan Scharnowski (Speaker), Linda Dezsö (Speaker), Steinhart Jonathan (Contributor), Erik Theissen (Contributor), Christian Westheide (Contributor) Daniel Kalotai (Contributor), Lőrinc Szánthó (Contributor), FIRN Market Microstructure Meeting, Sydney/Australia Erico Kirchler (Contributor) 4 Apr 2019 - 5 Apr 2019 Thurgau Experimental Economics Meeting 2019, Kreuzlingen/Switzerland Nudging students for success 16 Apr 2019 - 19 Apr 2019 Axel Sonntag (Invited speaker) Leopold-Franzens-Universität Innsbruck, Austria Understanding dishonest behavior 4 Apr 2019 Martin Kocher (Speaker) Universität Zürich (UZH), Switzerland Time pressure in bidding 16 Apr 2019 Martin Kocher (Speaker) Université Grenoble Alpes, France Cooperation in a company: A large-scale experiment 4 Apr 2019 Martin Kocher (Speaker) Eidgenössische Technische Hochschule Zürich, Switzerland Quasi-dark trading: The effects of banning dark pools in 17 Apr 2019 a world of many alternatives Thomas Johann (Contributor), Talis Putnins (Contributor), Let's talk about needs: A laboratory experiment on Satchit Sagade (Speaker), Christian Westheide (Contributor) the influence of social distance on distributive justice Annual Meeting of the Swiss Society for Financial Market Sabine Neuhofer (Speaker) Research (SGF Conference), Zürich/Switzerland Universität Bern, Switzerland 5 Apr 2019 17 Apr 2019

Research Achievements 2019 Dissemination of Research | 32 The ghost of institutions past: History as an obstacle to Market Transparency and Consumer Search – Evidence from fighting tax evasion the German Retail Gasoline Market Christian Koch (Speaker) Simon Martin (Speaker) Thurgau Experimental Economics Meeting 2019, NOeG Annual Conference 2019, Graz/Austria Kreuzlingen/Switzerland 26 Apr 2019 18 Apr 2019 Skill Demand and Wages. Evidence from Online Job Postings Myopic Market Concern, Specific Investments, in Austria and Hold-up Problem Lennart Ziegler (Speaker) Thomas Pfeiffer (Speaker) NOeG Annual Conference 2019, Graz/Austria Berkeley Haas Accounting Seminar, 26 Apr 2019 United States 19 Apr 2019 Bank Resolution Regimes: Risk-Shifting and Resolution Efficiency Gyöngyi Loranth (Speaker) Information Design in Competitive Insurance Markets Frankfurt School of Finance & Management, Daniel Garcia (Speaker) Frankfurt/Germany NOeG Annual Conference 2019, Graz/Austria 29 Apr 2019 24 Apr 2019 Robust clustering in social networks Konjunkturrückgang – Alarmzeichen für den Budgetpfad Immanuel Bomze (Invited speaker) der Regierung Università degli Studi di Brescia, Italy Martin Kocher (Speaker) 29 Apr 2019 Diplomatische Akademie Wien, Austria 24 Apr 2019 Focality is intuitive – Experimental evidence on the effects of time pressure in coordination games Focality is intuitive – Experimental evidence on the effects of Axel Sonntag (Speaker) time pressure in coordination games Utrecht University, Netherlands Axel Sonntag (Speaker) 2 May 2019 - 4 May 2019 Karl-Franzens-Universität Graz, Austria 25 Apr 2019 Hop open is innovation research? – Taking stock of open data Gernot Pruschak (Speaker) Common Ownership and Bank Business Models Open Innovation in Science Research Workshop 2019, Thomas Gehrig (Invited speaker) Vienna/Austria Jahrestagung des Ausschusses für Unternehmenstheorie 3 May 2019 und -politik, Mannheim/Germany 26 Apr 2019 Need Frames: Social Preferences and Norms of Justice Bernhard Kittel (Speaker) Endogenous credit constraints and equilibrium indeterminacy 6th International Meeting on Experimental and Behavioral Gerhard Sorger (Speaker) Social Sciences (IMEBESS), Utrecht/Netherlands NOeG Annual Conference 2019, Graz/Austria 3 May 2019 26 Apr 2019 Fake news, overconfidence and the quality of First-order methods for the impatient: support identification democratic choice in finite time with convergent Frank-Wolfe variants Jean-Robert Tyran (Speaker) Immanuel Bomze (Invited speaker), Francesco Rinaldi California Institute of Technology (Caltech), United States (Contributor), Samuel Rota Bulò (Contributor) 6 May 2019 2nd IMA and OR Society Conference on Mathematics of Operational Research, 20 Jahre Rechnungshof Vorarlberg Birmingham/United Kingdom Martin Kocher (Speaker) 26 Apr 2019 Landtag Vorarlberg, Austria 6 May 2019 Intermediation with Price Competition Thomas Gehrig (Contributor) Cooperation in a company: A large-scale experiment NOeG Annual Conference 2019, Martin Kocher (Speaker) Graz/Austria Verein für Sozialpolitik, Reisensburg/Germany 26 Apr 2019 9 May 2019

Research Achievements 2019 Dissemination of Research | 33 Corporate long-term debt and the Business Cycle: Ambiguity and distributionally robustness in stochastic Hedging or Overhang? optimization Leopold Zessner-Spitzenberg (Speaker) Georg Pflug (Invited speaker) QED Jamboree 2019, Lissabon/Portugal Technische Universität München, Germany 9 May 2019 17 May 2019

Intermediation with Price Competition Utility maximization in a two filtration setting Thomas Gehrig (Contributor) Irene Klein (Invited speaker) Universität Zürich (UZH), Switzerland Freiburg-Wien-Padova-Zürich Seminar, Padova/Italy 9 May 2019 17 May 2019

A Pragmatist Response to Crisis—Survey evidence of Local Mispricing and Microstructural Noise: Attitudes toward the EU from Poland, Hungary, and Slovakia A Parametric Perspective Monika Mühlböck (Speaker) Nikolaus Hautsch (Invited speaker) EUSA International Biennial Conference, Denver/United States Justus-Liebig-Universität Gießen (JLU), Germany 9 May 2019 21 May 2019

Lacking a national position? Abstentions in the Council of the Schumpeter Seminar: Pecuniary Externalities in Economies European Union with Downward Wage Rigidity Monika Mühlböck (Speaker) Martin Wolf (Speaker) 2019 EUSA International Biennial Conference, Technische Universität Berlin, Germany Denver/United States 21 May 2019 11 May 2019 Perceived Tax Burdens and Preferences for Redistribution – A Tale of Two Cities – Inter-Market Latency, Market Evidence from a Survey Experiment Integration, and Market Quality Fabian Kalleitner (Speaker) Satchit Sagade (Contributor), Stefan Scharnowski (Contributor), Varieties of Welfare Capitalism in Times of Socio-Economic Erik Theissen (Contributor), Christian Westheide (Speaker) Insecurity: International PhD Workshop, Berlin/Germany The Future of Financial Information, Stockholm/Sweden 21 May 2019 13 May 2019 - 14 May 2019 Clean your 'sheet: The Interfirm Late Payment Clearinghouse Hochfrequenztechnologie und Blockchain: Jurica Zrnc (Speaker) Finanzmärkte im Umbruch 13th International Conference “Challenges of Europe”: Nikolaus Hautsch (Keynote speaker) “Growth, Competitiveness, Innovation and Well-being”, Wirtschaftsforum der Führungskräfte, Austria Split/Croatia 14 May 2019 23 May 2019

Hier reden alle mit! Flache Hierarchien im Reality-Check Raschere Arbeitsmarktintegration durch Information und Markus Reitzig (Invited Speaker) Reflexion? Ein Feldexperiment auf Basis des "Nudge"-Ansatzes uniport JobTalk, Vienna/Austria Bernhard Kittel (Speaker) 14 May 2019 Jahrestagung des DVPW Arbeitskreises Handlungs- und Entscheidungstheorie, Bremen/Germany Was beeinflusst (un-)moralisches Verhalten in der Wirtschaft? 23 May 2019 Martin Kocher (Speaker) Wirtschaftsuniversität Wien (WU), Vienna/Austria Contracting Probability Distortions 15 May 2019 Victor González-Jimenez (Speaker) Workshop on Behavioral Economic Decision Sciences, Wie bringt man die Bevölkerung dazu, Prävention zu machen Leicester/United Kingdom Martin Kocher (Speaker) 24 May 2019 Praevenire, Seitenstetten/Austria 16 May 2019 THE LOGIC OF FEAR – Populism and Media Coverage of Immigrant Crimes On Autocorrelation Robust Tests and Testing for Trends Stephanos Vlachos (Speaker) Benedikt Pötscher (Invited speaker) Wiener Institut für Internationale Wirtschaftsvergleiche, 4th Vienna Workshop on High-Dimensional Time Series in Vienna/Austria Macroeconomics and Finance, Vienna/Austria 27 May 2019 16 May 2019 - 17 May 2019

Research Achievements 2019 Dissemination of Research | 34 Enhancing Persuasive Potential of Narrative Advertisments On the Predictive Power of Theories of One-Shot Play by Reducing Reactance Philipp Külpmann (Speaker) Matthias Glaser (Speaker) 12th Maastricht Behavioral Experimental Economics EMAC Doctoral Colloquium 2019, Hamburg/Germany Symposium, Maastricht/Netherlands 27 May 2019 - 28 May 2019 3 Jun 2019

Narrative Advertising and Implicit Persuasion: The Loss of Was will ich und wofür stehe ich? Die klare Positionierung als Persuasive Potential Schlüssel für den Bewerbungsprozess Matthias Glaser (Speaker) Christina Sichtmann (Speaker) 48th EMAC Annual Conference, Hamburg/Germany House of Jobs, Vienna/Austria 28 May 2019 - 31 May 2019 3 Jun 2019

Metaheuristics for the multi-objective and period node, edge, Electric Arc Routing arc routing problem considering costs and route inconsistency Mario Ruthmair (Speaker) Georg Erwin Adrian Fröhlich (Speaker) Workshop of the EURO Working Group on Vehicle Routing 3rd International Workshop on Arc Routing Problem, Pizzo/Italy and Logistics optimization (VeRoLog), Seville/Spain 29 May 2019 4 Jun 2019

The Role of Pharmaceutical Promotion to Physicians in the Primal-dual splitting methods for control of PDEs. Opioid Epidemic Teresa Scarinci (Speaker) Dijana Zejcirovic (Speaker) INDAM intensive trimester Shape optimization, control and Research Seminar Department of Economics, University of inverse problems for PDEs, Naples/Italy Linz, Austria 4 Jun 2019 29 May 2019 THE LOGIC OF FEAR – Populism and Media Coverage of Migrant Customers’ Acculturation and Participation in Host Immigrant Crimes Country Services Stephanos Vlachos (Speaker) Christina Sichtmann (Speaker) National Research University, Moscow/Russian Federation 48th EMAC Annual Conference, Hamburg/Germany 4 Jun 2019 30 May 2019 50'th Konstanz seminar for monetary theory and policy Solution Approaches for the Consistent Stochastic Inventory Martin Wolf (Contributor) Routing Problem Konstanz seminar for monetary theory and policy, Emilio Jose Alarcon Ortega (Speaker), Karl Franz Dörner Konstanz/Germany (Contributor) 5 Jun 2019 Workshop of the EURO Working Group on Vehicle Routing and Logistics optimization (VeRoLog), Seville/Spain A Large Neighborhood Search for the Active-Passive Vehicle 2 Jun 2019 - 5 Jun 2019 Routing Problem Biljana Roljic (Speaker) The PDP with alternative locations and overlapping time Workshop of the EURO Working Group on Vehicle Routing windows and Logistics optimization (VeRoLog), Seville/Spain Alina-Gabriela Dragomir (Speaker), Tom Van Woensel 5 Jun 2019 (Contributor), Karl Franz Dörner (Contributor) Workshop of the EURO Working Group on Vehicle Routing Kreuzmodale Korrespondenzen zwischen Farbe, Duft und and Logistics optimization (VeRoLog), Seville/Spain Textur am Beispiel einer Körpercreme 2 Jun 2019 - 5 Jun 2019 Udo Wagner (Invited speaker) Forschungsseminar, Berlin/Germany A hybrid solution method for the vehicle routing problem 5 Jun 2019 with locker boxes Jasmin Grabenschweiger (Speaker), Karl Franz Dörner Robust risk aggregation with neural networks (Contributor), Richard Hartl (Contributor), Martin W P Mathias Pohl (Speaker) Savelsbergh (Contributor) SIAM Conference for Financial Mathematics and Workshop of the EURO Working Group on Vehicle Routing Engineering 2019, Toronto/Canada and Logistics optimization (VeRoLog), Seville/Spain 5 Jun 2019 2 Jun 2019 - 5 Jun 2019

Research Achievements 2019 Dissemination of Research | 35 Cooperation in a company: A large-scale experiment Can fairness concerns be mitigated with efficient contracting Martin Kocher (Speaker) in collaborative platforms? 16th International Conference on Social Dilemmas, Aysegül Engin (Speaker) Hongkong/China 19th International Conference on Group Decision and 6 Jun 2019 Negotiation, GDN 2019, Loughborough/United Kingdom 11 Jun 2019 - 15 Jun 2019 Determinants of Franchisee Overall Satisfaction: Application of the Performance Feedback Theory Role of feedback on bidding behavior in electronic first price Josef Windsperger (Speaker), Michael Jirasek (Speaker), reverse auctions Susanne Maria Gaffke (Speaker) Aysegül Engin (Speaker) 33rd Annual International Society of Franchising Conference, 19th International Conference on Group Decision and Vienna/Austria Negotiation, GDN 2019, Loughborough/United Kingdom 6 Jun 2019 11 Jun 2019 - 15 Jun 2019

Statistical inference with F-statistics when fitting simple models to high-dimensional data Collaborative Transportation Mechanisms: Hannes Leeb (Invited speaker) A Request Exchange Approach 10th Workshop on New Developments in Econometrics Daniel Alejandro Nicola Naranjo (Speaker) and Time Series, Graz, Austria 19th International Conference on Group Decision and 6 Jun 2019 Negotiation, GDN 2019, Loughborough/United Kingdom 12 Jun 2019 On Autocorrelation Robust Tests and Testing for Trend Benedikt Pötscher (Invited speaker) Quasi-dark trading: The effects of banning dark pools in a New Developments in Econometrics and Time Series, world of many alternatives Graz/Austria Thomas Johann (Contributor), Talis Putnins (Contributor), 6 Jun 2019 - 7 Jun 2019 Satchit Sagade (Speaker), Christian Westheide (Contributor) FMA European Conference, Glasgow/United Kingdom Ownership Structure of Franchise Chains: 12 Jun 2019 - 14 Jun 2019 Trade-off between Adaptation and Control Matthias Glaser (Speaker) Bank Resolution Regimes: Risk-Shifting and Resolution 33rd Annual ISoF Conference, Vienna/Austria Efficiency 6 Jun 2019 - 8 Jun 2019 Gyöngyi Loranth (Speaker) Humboldt-Universität zu Berlin, Germany Arbeit neu denken – Cooperative Lösungsansätze für eine 13 Jun 2019 Ökonomie der Zukunft Sabine Neuhofer (Invited speaker) Causal Effects of Schooling on Political Preferences. Arbeit neu denken – Cooperative Lösungsansätze für Experimental Evidence. eine Ökonomie der Zukunft, Dominik Stelzeneder (Speaker) Vienna/Austria VCEE Away Day, Reichenau an der Rax/Austria 7 Jun 2019 13 Jun 2019

Vertical Bargaining and Obfuscation Panel Open Access Edona Reshidi (Speaker) Thomas Gehrig (Invited speaker) 10th Annual Consumer Search and Switching Costs Workshop, VHB Jahrestagung 2019, Rostock/Germany Los Angeles/United States 13 Jun 2019 7 Jun 2019 - 8 Jun 2019 Peer Effects and Social Closeness Building trust: The costs and benefits of gradualism Georg Sator (Speaker) Wieland Müller (Speaker) VCEE Away Day, Reichenau an der Rax/Austria National Research University, Moscow/Russian Federation 13 Jun 2019 11 Jun 2019 Primal-Dual Forward-Backward Methods for PDE-constrained Kommentar zum ZaDiG 2018 Optimization Problems Martin Miernicki (Speaker) Teresa Scarinci (Speaker) Seminarreihe "Kapitalmarktrecht für Young Professionals", Conference Large-Scale Scientific Computations, LSSC’19, Vienna/Austria Sozopol/Bulgaria 11 Jun 2019 13 Jun 2019

Research Achievements 2019 Dissemination of Research | 36 The Inclusion of Insurance Services in the European Gendered Barriers and Resources: VAT system – A Problem that cannot be Solved? Female Refugee’s Entry into the Austrian Labour Market. Otto Altenburger (Speaker), Rudolf Diewald (Contributor), David Wolfgang Schiestl (Speaker) Max Göttsche (Contributor) Vulnerabilität in Fluchtkontexten: Konferenz der 81. Jahrestagung des Verbands der Hochschullehrer für Österreichischen Akademie der Wissenschaften zum Betriebswirtschaft e.V., Rostock/Germany World Refugee Day 2019, Austria 13 Jun 2019 19 Jun 2019

Das Werk der Literatur im Urheberrecht – Sonderfragen aus Liquidity risk and financial stability regulation Sicht des österreichischen und europäischen Urheberrechts Paul Pichler (Speaker) sowie der kollektiven Rechtewahrnehmung Universität zu Köln, Germany Clemens Bernsteiner (Speaker) 19 Jun 2019 Dritte Internationale Tagung zur Angewandten Germanistik, Bukarest/Romania On the Predictive Power of Theories of One-Shot Play 14 Jun 2019 Philipp Külpmann (Speaker) 10th International Conferences of the French Association of Information defaults in repeated public good provision Experimental Economics, Toulouse/France Axel Sonntag (Speaker) 20 Jun 2019 Vienna Center for Experimental Economics, Faculty of Business, Economics and Statistics, University of Vienna, Austria Peer effects and social closeness 14 Jun 2019 Georg Sator (Speaker) Essex Cross-Disciplinary Experimental Methods Conference: Outside options and bargainer confidence in Zeuthen-Hick The interdisciplinary conference for postgraduate researchers, bargaining Colchester/United Kingdom Rudolf Vetschera (Speaker) 20 Jun 2019 19th International Conference on Group Decision and Negotiation, GDN 2019, Information, reflection, and successful job search. Loughborough/United Kingdom A nudging experiment 14 Jun 2019 Monika Mühlböck (Speaker) European Political Science Association 9th Annual Conference, Paying Attention – Comments on Arnold, Pelster and Belfast/United Kingdom Subrahmanyam 20 Jun 2019 - 22 Jun 2019 Thomas Gehrig (Speaker) 81. Jahrestagung des Verbands der Hochschullehrer Making and Breaking Coalitions: für Betriebswirtschaft e.V., The Infuence of Rationality and Prosociality Rostock/Germany Manuel Schwaninger (Speaker) 14 Jun 2019 European Political Science Association 9th Annual Conference, Belfast/United Kingdom Cheating on labor markets 21 Jun 2019 Martin Kocher (Speaker) European Workshop in Behavioral and Experimental Economics, More opportunity, more cooperation Ecully/France Martin Kocher (Speaker) 17 Jun 2019 Behavioral Economics and Theory, Ort 22 Jun 2019 "Bank Resolution Regimes: Risk Shifting and Resolution Efficiency" Search in Markets with Uncertain Product Availability Gyöngyi Loranth (Speaker) Atabek Atayev (Speaker) Financial Intermediation and Risk (FIR), Belgrade Young Economists Conference (BYEC 2019), Barcelona/Spain Belgrade/Serbia 17 Jun 2019 - 18 Jun 2019 23 Jun 2019

Did the Basel Process of Capital Regulation Enhance Searching Rugged Landscapes: Experimental Evidence the Resiliency of European Banks? Valentina Richter (Speaker) Thomas Gehrig (Invited speaker) The Vienna Conference on Strategy, Organizational Design, IRMC 2019, Milano/Italy and Innovation, Austria 17 Jun 2019 - 18 Jun 2019 23 Jun 2019

Research Achievements 2019 Dissemination of Research | 37 A hybrid solution method for the vehicle routing problem Collaborative Transportation Mechanisms: with locker boxes A Request Exchange Approach Jasmin Grabenschweiger (Speaker), Karl Franz Dörner Daniel Alejandro Nicola Naranjo (Speaker) (Contributor), Richard Hartl (Contributor), Martin W P EURO 2019: European Conference on Operational Research, Savelsbergh (Contributor) Dublin/Ireland EURO 2019: European Conference on Operational Research, 24 Jun 2019 Dublin/Ireland 23 Jun 2019 - 26 Jun 2019 Planning of replacement services in case of metro disruptions Alexander Kiefer (Speaker) A Simulation-Optimization For the New Austrian Advanced EURO 2019: European Conference on Operational Research, Medical Post (AMP): Investigating Different Realistic Disaster Dublin/Ireland Policy Scenarios 24 Jun 2019 Marion Rauner (Speaker), Simeon Beile (Speaker), Niessner Helmut (Speaker) Clean your 'sheet: The Interfirm Late Payment Clearinghouse EURO 2019: European Conference on Operational Research, Jurica Zrnc (Speaker) Dublin/Ireland LSEE Workshop on Economics of the Western Balkans, 23 Jun 2019 - 26 Jun 2019 London/United Kingdom 25 Jun 2019 Activating the adequate thinking mode when making decisions – an analysis of visualization techniques Large-scale Influence Maximization via Maximal Covering Aysegül Engin (Speaker) Location EURO 2019: European Conference on Operational Research, Mario Ruthmair (Speaker) Dublin/Ireland EURO 2019: European Conference on Operational Research, 23 Jun 2019 - 26 Jun 2019 Dublin/Ireland 25 Jun 2019 Consistent stochastic inventory routing with time windows Emilio Jose Alarcon Ortega (Speaker), Karl Franz Dörner Metaheuristics for the Multi-objective and Periodic Node, (Contributor) Edge, Arc Routing Problem considering Costs and Route EURO 2019: European Conference on Operational Research, Inconsistency Dublin/Ireland Karl Franz Dörner (Speaker) 23 Jun 2019 - 26 Jun 2019 EURO 2019: European Conference on Operational Research, Dublin/Ireland Planned Obsolescence: 25 Jun 2019 a Dynamic Analysis Richard Hartl (Speaker) Multi-objective multimodal routing: EURO 2019: European Conference on Operational Research, A metaheuristic solution approach Dublin/Ireland David Wolfinger (Speaker) 23 Jun 2019 - 26 Jun 2019 EURO 2019: European Conference on Operational Research, Dublin/Ireland The PDP with alternative locations and overlapping 25 Jun 2019 time windows Alina-Gabriela Dragomir (Speaker), Tom Van Woensel Optimizing Material Flows in a Multi-period Supply Chain (Contributor), Karl Franz Dörner (Contributor) Network with Fixed Costs – Mathematical Formulation and EURO 2019: European Conference on Operational Research, Valid Inequalities Dublin/Ireland Roland Braune (Speaker) 23 Jun 2019 - 26 Jun 2019 EURO 2019: European Conference on Operational Research, Dublin/Ireland Applying evolutionary algorithms to the simulation-based 25 Jun 2019 optimization of the Viennese mass rapid transit network David Schmaranzer (Speaker) A Large Neighborhood Search for the Active-Passive Vehicle EURO 2019: European Conference on Operational Research, Routing Problem Dublin/Ireland Biljana Roljic (Speaker) 24 Jun 2019 EURO 2019: European Conference on Operational Research, Dublin/Ireland 26 Jun 2019

Research Achievements 2019 Dissemination of Research | 38 A study of fairness objectives as incentive for collaboration TV advertising vs. sponsored TV content in media multitasking between carriers situations: The moderating role of sensory mode Adria Soriano (Speaker) Elisabeth Wolfsteiner (Speaker) EURO 2019: European Conference on Operational Research, 18th International Conference on Research in Advertising, Dublin/Ireland Krems/Austria 26 Jun 2019 27 Jun 2019 - 29 Jun 2019

Invited Panel Presentation Discussion Christina Sichtmann (Invited speaker) Dijana Zejcirovic (Speaker) Annual Meeting of the Academy of International 10th Workshop on the Economics of Risky Behaviors, Business (AIB 2019), Bologna/Italy Copenhagen/Denmark 28 Jun 2019 26 Jun 2019 Information Design in Competitive Insurance Markets Migrant Customers’ Acculturation and Their Participation Daniel Garcia (Speaker) in Services HSE-Vienna Workshop on Information Economics and IO, Christina Sichtmann (Speaker) Moscow/Russian Federation Annual Meeting of the Academy of International 28 Jun 2019 Business (AIB 2019), Copenhagen/Denmark Stakeholder perspective of relationship efficiency in 26 Jun 2019 franchising networks Aveed Raha (Speaker) Opening the source code: the threat of forking Stockholm University, Sweden Andrea Seidl (Invited speaker) 28 Jun 2019 - 30 Jun 2019 EURO 2019: European Conference on Operational Research, Dublin/Ireland Towards responsible game theory – from Kant to a copositive 26 Jun 2019 view on a parametric QP Immanuel Bomze (Speaker), Werner Schachinger (Contributor), Scientific Production vs. Obsolescence of Knowledge over Jörgen Weibull (Contributor) the Life Cycle 17th Workshop on Advances in Continuous Optimization, Andreas Novak (Speaker) Glasgow/United Kingdom EURO 2019: European Conference on Operational Research, 29 Jun 2019 Dublin/Ireland 26 Jun 2019 The amazing power of dimensional analysis: Scaling laws in finance Stochastic optimization in function spaces with applications Mathias Pohl (Invited speaker) Georg Pflug (Invited speaker) Universität Konstanz, Germany 71st Workshop on Advances in Nonsmooth Analysis 1 Jul 2019 and Optimization, Erice/Italy The Effect of Corporate Giving and Participation on Employee 26 Jun 2019 Performance and Performance Overstatement Martin Altenburger (Speaker) Quasi-dark trading: The effects of banning dark pools in a Empirical Research in Management, Accounting & Control world of many alternatives Conference, Vienna/Austria Thomas Johann (Contributor), Talis Putnins (Contributor), 1 Jul 2019 - 2 Jul 2019 Satchit Sagade (Contributor), Christian Westheide (Speaker) CEPR-Imperial-Plato Market Innovator (MI3) Conference, Der Einfluss von sensorischen Stimuli auf die Produktbeurteilung London/United Kingdom einer Körpercreme 27 Jun 2019 Udo Wagner (Invited speaker) Universität Bielefeld, Germany Wirtschaftsparlament 4 Jul 2019 Martin Kocher (Speaker) Wirtschaftskammer Österreich (WKO), Endogenous credit constraints and equilibrium indeterminacy Vienna/Austria Gerhard Sorger (Speaker) 27 Jun 2019 Annual Meeting of the Society for the Advancement of Economic Theory, Ischia Porto/Italy 4 Jul 2019

Research Achievements 2019 Dissemination of Research | 39 Can democracy ever work? A behavioral and experimental Comparing Mechanisms for Request-Exchange Collaborative economics perspective Transportation Jean-Robert Tyran (Speaker) Daniel Alejandro Nicola Naranjo (Speaker) Verein für Sozialpolitik – Evolutorischer Ausschuss, Germany 7th INFORMS Transportation Science and Logistics Society 5 Jul 2019 Workshop, Vienna/Austria 17 Jul 2019 Time pressure in Bidding Martin Kocher (Speaker) A Simulation-Optimization For the New Austrian Advanced World Meetings of the Economic Science Association (ESA), Medical Post (AMP): Investigating Different Realistic Disaster Zürich/Switzerland Policy Scenarios 6 Jul 2019 Marion Rauner (Speaker), Simeon Beile (Speaker), Niessner Helmut (Speaker) Global optimality certificates and tighter dual bounds by ORAHS 2019: Conferences EURO Working Group ORAHS 2019 copositivity (OR Applied to Health Services), Karlsruhe/Germany Immanuel Bomze (Keynote speaker) 29 Jul 2019 - 3 Aug 2019 6th World Congress on Global Optimization, Metz/France Multiscale stochastic optimization: modeling aspects and 9 Jul 2019 scenario generation Martin Glanzer (Speaker) Laboratory Federalism with Public Funds Sharing XV International Conference on Stochastic Programming, Ana Begona Ania Martinez (Speaker), Andreas Wagener Trondheim/Norway (Contributor) 1 Aug 2019 International Conference on Public Economic Theory, 2019, Straßburg/France Robust risk aggregation with neural networks 10 Jul 2019 Mathias Pohl (Speaker) 6th International Conference on Continuous Optimization, The Real exchange rate, innovation and productivity: Berlin/Germany Regional heterogeneity, asymmetries and Hysteresis 6 Aug 2019 Alejandro Cunat (Speaker) NBER, Cambridge/United States Academy of Management Annual Conference 10 Jul 2019 Markus Reitzig (Participant) Boston/United States Possession Attachment towards Global Brands: The "World 9-13 Aug 2019 of Barbie" Shaping the Mindset of Young Indian Girls Udo Wagner (Speaker) And the Credit Goes to … – Ghost and Honorary Authorship Global Fashion Management Conference, Paris/France among Social Scientists 12 Jul 2019 Gernot Pruschak (Speaker) Academy of Management – Annual Meeting 2019, Statistical inference with F-statistics when fitting simple Boston/United States models to high-dimensional data 13 Aug 2019 Hannes Leeb (Invited speaker) 7th Channel Network Conference, Harpenden/United Kingdom High-Frequency Trading and Price Informativeness 12 Jul 2019 Gider Jasmin (Speaker), Schmickler Simon (Contributor), Christian Westheide (Contributor) Towards responsible game theory – from Kant to a copositive Swedish House of Finance Annual Conference: view on a parametric QP Financial Markets and Corporate Decisions, Immanuel Bomze (Invited speaker) Stockholm/Sweden Universität Augsburg, Germany 19 Aug 2019 - 20 Aug 2019 15 Jul 2019 Perceived Tax Burdens and Preferences for Redistribution – Making Parametric Portfolio Policies Work Evidence from a Survey Experiment Thomas Gehrig (Invited speaker) Fabian Kalleitner (Speaker) European Summer Symposium in Financial Markets 2019, 14th European Sociological Association Conference: Gerzensee/Switzerland Europe and Beyond: Boundaries, Barriers and Belonging, 16 Jul 2019 Manchester/United Kingdom 21 Aug 2019

Research Achievements 2019 Dissemination of Research | 40 Quasi-dark trading: The effects of banning dark pools in a Skill Demand and Wages. Evidence from Online Job Postings world of many alternatives in Austria Thomas Johann (Contributor), Talis Putnins (Contributor), Lennart Ziegler (Speaker) Satchit Sagade (Contributor), Christian Westheide (Speaker) 34th Annual Congress of the European Economic Association, European Finance Association 2019, Manchester/United Kingdom Lisboa/Portugal 28 Aug 2019 21 Aug 2019 - 24 Aug 2019 Market Transparency and Consumer Search – Evidence from Corporate volunteering projects form the perspective of the German Retail Gasoline Market non-profit-organizations – an institutional logics lens Simon Martin (Speaker) Julia Domnanovich (Speaker) Econometric Society European Meeting 2019: ESEM 2019, 14th European Sociological Association Conference: Manchester/United Kingdom Europe and Beyond: Boundaries, Barriers and Belonging, 29 Aug 2019 Manchester/United Kingdom 22 Aug 2019 Model ambiguity in multistage decision making under uncertainty Let’s Talk About Needs: A Laboratory Experiment On The Georg Pflug (Invited speaker) Influence Of Social Distance On Distributive Justice Karlsruhe Uncertainty Workshop, Germany Sabine Neuhofer (Speaker) 29 Aug 2019 - 31 Aug 2019 14th European Sociological Association Conference: Europe and Beyond: Boundaries, Barriers and Belonging, Solution approaches and incentive schemes in collaborative Manchester/United Kingdom logistics planning 23 Aug 2019 Richard Hartl (Invited Keynote Plenary) 9th IFAC Conference on Manufacturing Modeling, Evaluating treatment effects and replicability Management and Control: MIM 2019, Victor González-Jimenez (Speaker) Berlin/Germany 18th TIBER Conference, 29 Aug 2019 Tilburg/Netherlands 25 Aug 2019 Trust your data or not – Standard remains Standard (QP); implications for robust clustering in social networks Did the Basel Process of Capital regulation Enhance Immanuel Bomze (Speaker), Michael Kahr (Contributor), the Reisiliency of European Banks Markus Leitner (Contributor) Thomas Gehrig (Invited speaker) International Federation of Classification Societies Econometric Society European Meeting 2019: ESEM 2019, Conference, Thessaloniki/Greece Manchester/United Kingdom 29 Aug 2019 26 Aug 2019 - 29 Aug 2019 Tutorial on “High-Frequency Econometrics” Limits to Arbitrage in Markets with Stochastic Latency Nikolaus Hautsch (Invited speaker) Nikolaus Hautsch (Invited speaker) Workshop on Asset Pricing and Risk Management, Workshop on Asset Pricing and Risk Management, Singapore/Singapore Singapore 29 Aug 2019 27 Aug 2019 Vertical Bargaining and Obfuscation Search in Markets with Uncertain Product Availability Edona Reshidi (Speaker) Atabek Atayev (Speaker) 46th Annual Conference of the European Association for 46th Annual Conference of the European Association for Research in Industrial Economics, Research in Industrial Economics, Barcelona/Spain Barcelona/Spain 1 Sep 2019 27 Aug 2019 Accumulation and Obsolence of Human Capital Value of Information when Searching for a Secretary Andreas Novak (Speaker) Karl Schlag (Speaker) Operations Research 2019: Annual Scientific Conferences 34th Annual Congress of the European Economic Association, of the national Operations Research Societies of Germany, Manchester/United Kingdom Austria and Switzerland, Dresden/Germany 27 Aug 2019 3 Sep 2019 - 6 Sep 2019

Research Achievements 2019 Dissemination of Research | 41 Winner-takes-all-effects in collaborative vehicle routing Machine learning-based queuing model regression – Margaretha Gansterer (Speaker) example selection, feature engineering and the role of Operations Research 2019: Annual Scientific Conferences traffic intensity of the national Operations Research Societies of Germany, Roland Braune (Speaker) Austria and Switzerland, Operations Research 2019: Annual Scientific Conferences Dresden/Germany of the national Operations Research Societies of Germany, 3 Sep 2019 - 6 Sep 2019 Austria and Switzerland, Dresden/Germany Asymptotic Confidence Regions Based On The Adaptive 5 Sep 2019 Lasso With Partial Consistent Tuning Nicolai Amann (Speaker) Multi-objective simulation-based headway optimization for 10th International Workshop on Simulation and Statistics, the Viennese subway network Salzburg/Austria David Schmaranzer (Speaker) 4 Sep 2019 Operations Research 2019: Annual Scientific Conferences of the national Operations Research Societies of Germany, Limits to Arbitrage in Markets with Stochastic Latency Austria and Switzerland, Nikolaus Hautsch (Keynote speaker) Dresden/Germany International Conference on Fintech and Financial Data Science, 5 Sep 2019 Dublin/Ireland 4 Sep 2019 Quasi-dark trading: The effects of banning dark pools in a world of many alternatives Solving a Rich Intra-facility Steel Slab Routing and Thomas Johann (Contributor), Talis Putnins (Contributor), Stacking Problem Satchit Sagade (Speaker), Christian Westheide (Contributor) Biljana Roljic (Invited speaker) The Regulation and Operation of Modern Financial Markets, Operations Research 2019: Annual scientific conference of Reykjavík/Iceland the national Operations Research Societies of Germany, 5 Sep 2019 - 7 Sep 2019 Austria and Switzerland, Dresden/Germany The Development of Experimental Sociology: 4 Sep 2019 A Long Tradition at the Margin of the Discipline Bernhard Kittel (Speaker) Cheating on labor market Annual Conference of Experimental Sociology (ACES), Martin Kocher (Speaker) Florenz/Italy Economic Science Association European Conference, 5 Sep 2019 Cologne/Germany 5 Sep 2019 History-dependence in a bi-objective capital accumulation problem Childhood Vaccination in Vienna, Austria: A Cross-Sectional Andrea Seidl (Invited speaker) Survey Conducted in 4th Grades of Public Primary Schools Operations Research 2019: Annual scientific conference of Marion Rauner (Speaker), Simone Schnedlitz (Speaker), the national Operations Research Societies of Germany, Sabine Blaschke (Speaker) Austria and Switzerland, Dresden/Germany EURO HOPE Mini-Conference 2019: Enabling Technologies in 6 Sep 2019 Humanitarian Supply Chains, Kristiansand/Norway Peer Effects and Social Closeness 5 Sep 2019 - 6 Sep 2019 Georg Sator (Speaker) ESA European Meeting of the Economic Science Association, Let’s talk about needs: A laboratory experiment on the Dijon/France influence of social distance on distributive justice 7 Sep 2019 Sabine Neuhofer (Speaker) Annual Conference of Experimental Sociology (ACES), On Autocorrelation Robust Tests and Testing for Trends Florenz/Italy Benedikt Pötscher (Invited speaker) 5 Sep 2019 University of Maryland, College Park, United States 7 Sep 2019 - 12 Sep 2019

Research Achievements 2019 Dissemination of Research | 42 Panel Discussion „The big data revolution in mathematical How does lottery representation affect risk attitudes? finance“ Geoffrey Castillo (Speaker) Nikolaus Hautsch (Invited speaker) Network for Integrated Behavioural Science Workshop, Vienna Congress on Mathematical Finance 0219, Coventry/United Kingdom Vienna/Austria 18 Sep 2019 9 Sep 2019 The Effect of Corporate Giving and Participation on Employee Robust risk aggregation with neural networks Performance and Performance Overstatement Mathias Pohl (Speaker) Martin Altenburger (Speaker) Vienna Congress on Mathematical Finance, XX. Symposium zur ökonomischen Analyse der Unternehmung, Vienna/Austria Vallendar/Germany 10 Sep 2019 19 Sep 2019 - 20 Sep 2019

The Active-Passive Vehicle Routing Problem: Myopic Market Concern, Specific Investments, A Large Neighborhood Search and Problem Extension and Hold-up Problem Biljana Roljic (Invited speaker) Thomas Pfeiffer (Speaker) SynchroTrans 2019: Second International Workshop on XX. Symposium zur ökonomischen Analyse der Unternehmung, Synchronization in Transport, Vallendar/Germany Nantes/France 20 Sep 2019 10 Sep 2019 Skill Demand and Wages. Evidence from Online Job Postings Limits to Arbitrage in Markets with Stochastic Latency in Austria Nikolaus Hautsch (Invited speaker) Lennart Ziegler (Speaker) Vienna Congress on Mathematical Finance, Vienna/Austria Annual Conference of the European Association of Labour 11 Sep 2019 Economists, Uppsala/Sweden 20 Sep 2019 Die Einbeziehung von Finanzdienstleistungen in ein Mehrwertsteuersystem: Ist die neue “Mobile-Ratio Method” Sustainable Social Policy and the Search for für Versicherungsdienstleistungen geeignet? Need-based Justice Otto Altenburger (Speaker) Bernhard Kittel (Speaker), Stefan Traub (Contributor) 4. Jahrestagung der Wissenschaftlichen Kommission Soziale und ökologische Nachhaltigkeit als präventive Dienstleistungssmanagement des Verbands der Sozialpolitik, Bremen/Germany Hochschullehrer für Betriebswirtschaft e.V., Berlin/Germany 23 Sep 2019 12 Sep 2019 Compromise, Don't Optimize: Quasi-dark trading: The effects of banning dark pools in a A Prior-Free Alternative to Perfect Bayesian Equilibrium world of many alternatives Karl Schlag (Speaker) Thomas Johann (Speaker), Talis Putnins (Contributor), New York University, United States Satchit Sagade (Contributor), Christian Westheide (Contributor) 24 Sep 2019 Northern Finance Association, Vancouver/Canada 13 Sep 2019 - 15 Sep 2019 Gender-specific benefits from ride-hailing apps: Evidence from Uber's entry in Chile Behavioral economics and precautionary decisions Christine Zulehner (Speaker) Martin Kocher (Speaker) Verein für Sozialpolitik – Annual Conference 2019: EAPSPI Pension Policy Committee, Munich/Germany 30 Years after the Fall of the Berlin Wall: 16 Sep 2019 Democracy and Market Economy, Leipzig/Germany Modeling systemic risk and the Freund copula 24 Sep 2019 Georg Pflug (Invited speaker) Dependence Modeling, Agistri/Greece Market Transparency and Consumer Search 17 Sep 2019 Simon Martin (Speaker) Verein für Sozialpolitik – Annual Conference 2019: Cheflos glücklich? Führungskutur neu definieren 30 Years after the Fall of the Berlin Wall: Markus Reitzig (Invited Speaker) Democracy and Market Economy, Messe Zukunft Persona Europe – INQA Thementage Leipzig/Germany Cologne/Germany 24 Sep 2019 17 Sep 2019

Research Achievements 2019 Dissemination of Research | 43 Smile please! Toward an understanding of selfie compaigns Incorporating social distances into economics Udo Wagner (Speaker) Geoffrey Castillo (Speaker) 10th EMAC Regional Conference, 14th Nordic Conference on Behavioral and Experimental St. Petersburg/Russian Federation Economics, Kiel/Germany 25 Sep 2019 - 27 Sep 2019 28 Sep 2019

A Tale of Two Cities – Inter-Market Latency, Market Overconfidence in Electronic Reverse Auctions Integration, and Market Quality Aysegül Engin (Speaker) Satchit Sagade (Contributor), Stefan Scharnowski (Contributor), SOR 19 – The 15th International Symposium on Operational Erik Theissen (Contributor), Christian Westheide (Speaker) Research in Slovenia, Bled/Slovenia 26th Annual Meeting of the German Finance Association (DGF), 30 Sep 2019 Essen/Germany 26 Sep 2019 - 28 Sep 2019 Forschungsschwerpunkte am Institut für Betriebswirtschaftslehre Broker Colocation, High-Frequency Trading and Institutional Udo Wagner (Invited speaker) Execution Costs Science Day, Vienna/Austria Satchit Sagade (Contributor), Stefan Scharnowski (Speaker), 3 Oct 2019 Christian Westheide (Contributor) 26th Annual Meeting of the German Finance Association (DGF), And the Credit Goes to … – Ghost and Honorary Authorship Essen/Germany among Social Scientists 26 Sep 2019 - 28 Sep 2019 Gernot Pruschak (Speaker) Science Day, Vienna/Austria Evaluating Treatment Effects and Replicability 3 Oct 2019 Karl Schlag (Speaker) New York University, United States Learning in unprofitable games 26 Sep 2019 Andrea Gaunersdorfer (Speaker) Miniworkshop: Evolutionary Game Theory, Vienna/Austria Wege in den Arbeitsmarkt. Die Arbeitsmarktintegration rezent 4 Oct 2019 Geflüchteter im Raum Wien. David Wolfgang Schiestl (Speaker) Peer Effects and Social Closeness Kongress der Österreichischen Gesellschaft für Soziologie (ÖGS), Georg Sator (Speaker) Salzburg/Austria Wirtschaftsuniversität Wien (WU), Vienna/Austria 26 Sep 2019 8 Oct 2019

Applying VAT to Financial Services: Is the New “Mobile-Ratio Trust Takes Time: Limits to Arbitrage in Decentralized Markets Method” Adequate for Insurance? Nikolaus Hautsch (Invited speaker) Otto Altenburger (Speaker) 4th International Workshop in Financial Econometrics, 15th EISAM Interdisciplinary Conference on Intangibles and Maceio/Brazil Intellectual Capital – Non-Financial and Integrated Reporting, 8 Oct 2019 Governance and Value Creation, Coimbra/Portugal Building trust: The costs and benefits of gradualism 27 Sep 2019 Wieland Müller (Speaker) Ecole Normale Supérieure de Lyon (ENS Lyon), France Making and Breaking Coalitions: The Influence of Myopia and 9 Oct 2019 Prosociality Manuel Schwaninger (Speaker) Arbeitsmarkt, Digitalisierung und Zukunft der Arbeit 14th Nordic Conference on Behavioral and Experimental Martin Kocher (Speaker) Economics, Kiel/Germany Arbeitsmarktservice (AMS), Vienna/Austria 27 Sep 2019 10 Oct 2019

Robust Clustering in Social Networks Sudden Stops and Reserve Accumulation in the Presence of Immanuel Bomze (Invited speaker), Michael Kahr (Contributor), International Liquidity Risk Markus Leitner (Contributor) Leopold Zessner-Spitzenberg (Speaker) SOR 19 – The 15th International Symposium on Operational Vienna Macroeconomics Workshop 2019, Research in Slovenia, Bled/Slovenia Vienna/Austria 27 Sep 2019 10 Oct 2019

Research Achievements 2019 Dissemination of Research | 44 Evaluation of bidding groups in first-price auctions Gute Zeiten für Jobsuchende, schlechte Zeiten für Betriebe – Christine Zulehner (Speaker) brauchen wir einen Masterplan für den Arbeitsmarkt? Deutsches Institut für Wirtschaftsforschung (DIW), Martin Kocher (Speaker) Berlin/Germany Wirtschaftskammer Tirol, Innsbruck/Austria 11 Oct 2019 23 Oct 2019

Some thoughts about risk measures Arc Routing with Electric Vehicles Irene Klein (Invited speaker) Mario Ruthmair (Invited speaker) Freiburg-Wien-Padova-Zürich Seminar, Zürich/Switzerland University of Strathclyde, Glasgow/United Kingdom 11 Oct 2019 24 Oct 2019

Was beeinflusst (un-)moralisches Verhalten in der Wirtschaft? Asymptotic Confidence Regions Based On The Adaptive Martin Kocher (Speaker) Lasso With Partial Consistent Tuning Institut Österreichischer Wirtschaftsprüfer (IWP), Austria Nicolai Amann (Invited speaker) 12 Oct 2019 Statistiktage 2019 der "Österreichische Statistische Gesellschaft" (ÖSG), Vienna/Austria Cheating on labor markets 24 Oct 2019 Martin Kocher (Speaker) University of Portsmouth, United Kingdom Couples' time-use and aggregate outcomes: 15 Oct 2019 Evidence from a structural model Monika Merz (Speaker) Transposition of the PSD II in Austria Stockholm University, Sweden Martin Miernicki (Speaker) 24 Oct 2019 L’attuazione della seconda direttiva sui servizi di pagamento 2 e “open banking”, Discussion of "Cryptocurrencies, Currency Competition, and Bergamo/Italy the Impossible Trinity" by Benigno, Schilling and Uhlig 18 Oct 2019 Paul Pichler (Speaker) Österreichische Nationalbank, Vienna/Austria Asymptotic Confidence Regions Based On The Adaptive 25 Oct 2019 Lasso With Partial Consistent Tuning Nicolai Amann (Speaker) Do consumers' value systems impact their consumption of 24th Young Statisticians Meeting, Basovizza/Italy sustainable groceries? An intercultural study 19 Oct 2019 Udo Wagner (Speaker) 8th International Conference on Social Responsibility, Die ertragsteuerliche Behandlung von Bonuspunktsystemen Ethics and Sustainable Business, Alexander Wimmer (Speaker) Braga/Portugal Symposium Kryptowährungen und virtuelle Finanzierungs- 25 Oct 2019 formen: Kundenbindungs- und Punkteprogramme, Vienna/Austria Poster presentation "The Role of Pharmaceutical Promotion 22 Oct 2019 to Physicians in the Opioid Epidemic" Dijana Zejcirovic (Speaker) Verfalls- und Verjährungsfragen iZm Gutscheinen und Workshop on Risky Health Behaviors, Hamburg/Germany Bonuspunkten 25 Oct 2019 Martin Miernicki (Speaker) Symposium Kryptowährungen und virtuelle Finanzierungs- Manipulative Intermediaries And Naive Consumers formen: Kundenbindungs- und Punkteprogramme, Boris Knapp (Speaker) Vienna/Austria 2019 ASSET Conference: Association of Southern European 22 Oct 2019 Economic Theorists, Athens/Greece 26 Oct 2019 Kundenbindungsprogramme aus betriebswirtschaftlicher Sicht Common Ownership and Portfolio Diversification when Firms Udo Wagner (Invited speaker) Exercise Market Power Symposium Kryptowährungen und virtuelle Finanzierungs- Thomas Gehrig (Invited speaker) formen: Kundenbindungs- und Punkteprogramme, University of St. Andrews, Fife, Vienna/Austria United Kingdom 22 Oct 2019 29 Oct 2019

Research Achievements 2019 Dissemination of Research | 45 How Effective Are Trading Pauses? Compromise, Don't Optimize: A Prior-Free Alternative to Nikolaus Hautsch (Invited speaker) Perfect Bayesian Equilibrium European Central Bank (ECB), Germany Karl Schlag (Speaker) 29 Oct 2019 Australian National University, Canberra/Australia Couples' time-use and aggregate outcomes: Evidence from a 14 Nov 2019 structural model Monika Merz (Speaker) Sudden Stops and Reserve Accumulation in the Presence of 3rd Dale T. Mortensen Center Conference, International Liquidity Risk Arhus/Denmark Leopold Zessner-Spitzenberg (Speaker) 30 Oct 2019 - 2 Nov 2019 9th Workshop on Banks and Financial Markets, Vienna/Austria Building trust: The costs and benefits of gradualism 14 Nov 2019 Wieland Müller (Speaker) University of Economics Prague, Czech Republic How accurate are customers' initial impressions? Using 31 Oct 2019 continuous-response measurement to assess thin slices of sales behaviors Compromise, Don't Optimize: A Prior-Free Alternative to Udo Wagner (Speaker) Perfect Bayesian Equilibrium 1st Working Group Meeting of AG Marketing, Karl Schlag (Speaker) Karlsruhe/Germany University of Queensland, Australia 14 Nov 2019 - 15 Nov 2019 1 Nov 2019 Empirische Sozialforschung in Zeiten der Digitalisierung Evaluating Treatment Effects and Replicability Hermann Helke (Speaker) Karl Schlag (Speaker) Arbeitsgemeinschaft Sozialwissenschaftlicher Institute e.V., Seminar, Brisbane/Australia Cologne/Germany 4 Nov 2019 15 Nov 2019 - 16 Nov 2019

Quasi-dark trading: The effects of banning dark pools in a Aufgabenlage und Haftungsverfahren von Rechnungs- und world of many alternatives Abschlussprüfern im Verein Thomas Johann (Contributor), Talis Putnins (Contributor), Alexander Wimmer (Speaker) Satchit Sagade (Speaker), Christian Westheide (Contributor) 1. Österreichischer Vereinsrechtstag, Vienna/Austria Annual Central Bank Conference on the Microstructure of 19 Nov 2019 Financial Markets, Sweden 7 Nov 2019 - 8 Nov 2019 Organschaftliche Rechte und Pflichten des Vereinsvorstandes Martin Miernicki (Speaker) Continuous quadratic approach to the robust maximum 1. Österreichischer Vereinsrechtstag, vertex-weight clique problem (MVWCP) Vienna/Austria Immanuel Bomze (Keynote speaker) 19 Nov 2019 One-day symposium on Integer Programming and Algorithms, Paris/France Subjective Relative Income and the Priming Effect of 8 Nov 2019 Endpoint Anchors Fabian Kalleitner (Speaker), Bernhard Kittel (Contributor) Sensory Marketing – an emerging sub discipline in consumer Analytical Sociology: Theory and Empirical Applications: Behavior Seminar in Cooperation with Venice International University, Udo Wagner (Invited speaker) San Servolo, Venice/Italy Cross-Border Markets of Goods and Services: Issues of Research, 19 Nov 2019 Vladivostok/Russian Federation 8 Nov 2019 Who Gets How Much And Why? A Lab Experiment on Need, Effort And Identity Multistage robust convex optimization problems: Sabine Neuhofer (Speaker), Bernhard Kittel (Contributor), a sampling based approach Francisco David Rueda Jimenez (Contributor) Georg Pflug (Invited speaker) Analytical Sociology: Theory and Empirical Applications: RICAM special semester, Seminar in Cooperation with Venice International University, Linz/Austria San Servolo, Venice/Italy 14 Nov 2019 19 Nov 2019

Research Achievements 2019 Dissemination of Research | 46 Search in Markets with Uncertain Product Availability Opening Science to the Public – The Case of Social Sciences Atabek Atayev (Speaker) Gernot Pruschak (Speaker) 14th BiGSEM Doctoral Workshop on Economic Theory, Socio-Economic Impact of Big Science Infrastructures: Bielefeld/Germany New Theories, Models & Measures, 20 Nov 2019 Barcelona/Spain 28 Nov 2019 There is no second chance for a first impression Udo Wagner (Speaker) Ambiguity French Austrian Workshop on Consumer Behavior 2019, Mathias Pohl (Speaker) Nancy/France Vienna-Zürich Symposium for young reserachers in 21 Nov 2019 Financial Mathematics and related fields, Vienna/Austria There is No Second Chance for a First Impression: 29 Nov 2019 The Examination of Snap Judgements of Sales Behaviors by Means of a Program Analyzer Perceived Tax Burdens and Just Tax Progressivity – Udo Wagner (Speaker) Evidence from a Survey Experiment French Austrian Workshop on Consumer Behavior 2019, Fabian Kalleitner (Speaker) Nancy/France OEGPW Graduate Conference 2019, 21 Nov 2019 - 22 Nov 2019 Vienna/Austria 29 Nov 2019 This is Personal Now: Comparing the Use of Celebrities and Unknown Actors in Narrative Advertisements Behavioral economics: communication and behavior change Matthias Glaser (Speaker) Martin Kocher (Speaker) 6th French-Austrian-German Workshop on Consumer Behavior, IOM – International Organization for Migration, Switzerland Nancy/France 3 Dec 2019 21 Nov 2019 - 22 Nov 2019 Common Ownership and Portfolio Diversification when Firms Crossmodal correspondences between color, smell and Exercise Market Power texture – Investigating sensory attributes of a body lotion Thomas Gehrig (Invited speaker) Udo Wagner (Speaker) Johann Wolfgang Goethe-Universität, French Austrian Workshop on Consumer Behavior 2019, Frankfurt am Main/Germany Nancy/France 3 Dec 2019 22 Nov 2019 The Impact of Updates in Social Crowd Projects: Financing and Resolving Banking Groups Insights from a German Equity Crowdfunding Platform Gyöngyi Loranth (Speaker) Christine Strauss (Speaker) Stockholm School of Economics, Sweden International Conference on Information Integration and Web 22 Nov 2019 based Applications & Services, Munich/Germany 3 Dec 2019 Too much of a good thing: Ceiling effects for strong partners in brand alliances What Independent Game Developers Expect from Elisabeth Wolfsteiner (Speaker) Recommender Systems French Austrian Workshop on Consumer Behavior 2019, Christine Strauss (Speaker) Nancy/France International Conference on Information Integration and Web 22 Nov 2019 based Applications & Services, Munich/Germany 3 Dec 2019 Some Considerations on the Educational Profile of Business Data Scientist Cooperation in a company: A large-scale experiment Udo Wagner (Invited speaker) Martin Kocher (Speaker) Finance Academy under the Government of the Russian University of Gothenburg, Sweden Federation, Moscow/Russian Federation 6 Dec 2019 25 Nov 2019 Herbsttagung der Sektion Organisationssoziologie (DGS) Digital Transformation: From Theory to Practice Julia Domnanovich (Speaker) Udo Wagner (Invited speaker) Herbsttagung der Sektion Organisationssoziologie (DGS): Finance Academy under the Government of the Russian Organisationsgesellschaft “reloaded” – Empirische Einsichten Federation, Moscow/Russian Federation und konzeptionelle Herausforderungen, Luzern/Switzerland 27 Nov 2019 6 Dec 2019

Research Achievements 2019 Dissemination of Research | 47 Sudden Stops and Reserve Accumulation in the Presence of Classification-based algorithm selection for a multiprocessor International Liquidity Risk scheduling problem Leopold Zessner-Spitzenberg (Speaker) Roland Braune (Speaker) Econometric Society Winter Meeting 2019, 9th Multidisciplinary International Scheduling Conference: Rotterdam/Netherlands Theory and Applications (MISTA 2019): Analytics and Machine 6 Dec 2019 Learning in Scheduling and Optimisation, Ningbo/China Sudden Stops and Reserve Accumulation in the Presence of 15 Dec 2019 Liquidity Risk Leopold Zessner-Spitzenberg (Speaker) Search in Markets with Uncertain Product Availability 12th FIW Research Conference „International Economics“, Atabek Atayev (Speaker) Vienna/Austria Econometric Society Winter Meeting 2019, 6 Dec 2019 Rotterdam/Netherlands 16 Dec 2019 Shrinking world, growing incomes? Assessing the contribution of trade to growth, 1990-2014 A Tale of Two Cities – Inter-Market Latency, Market Alejandro Cunat (Invited Speaker) Integration, and Market Quality University Pompeu Fabra, Barcelona/Spain Satchit Sagade (Contributor), Stefan Scharnowski (Speaker), 9 Dec 2019 Erik Theissen (Contributor), Christian Westheide (Contributor) Paris December Finance Meeting (EUROFIDAI – ESSEC), Supervision of Multinational Banks: Voluntary Support and Paris/France Ring-Fencing 19 Dec 2019 Gyöngyi Loranth (Speaker) Deutsche Bundesbank, Frankfurt am Main/Germany 11 Dec 2019

Prediction when fitting simple linear models to high-dimensional data Hannes Leeb (Invited speaker) Technische Universität Graz, Austria 12 Dec 2019

Limits to Arbitrage in Markets with Stochastic Settlement Latency Nikolaus Hautsch (Invited speaker) "Market Microstructure": The CFS-Imperial Workshop, London/United Kingdom 13 Dec 2019

Discussion of "Optimal attention and heterogeneous precautionary saving behavior" by Penghui Yin (U Frankfurt) Paul Pichler (Speaker) Ruprecht-Karls-Universität Heidelberg, Germany 14 Dec 2019

Estimating functionals under local differential privacy Lukas Steinberger (Invited speaker) 12th International Conference of the ERCIM WG on Computational and Methodological Statistics, London/United Kingdom 14 Dec 2019

Research Achievements 2019 Dissemination of Research | 48 Research Visits and Collaborations (min. 5 days)

Babeș-Bolyai University Cornell University Josef Windsperger (Visiting researcher) Christian Schmid (Visiting researcher) 6 Jan 2019 - 10 Jan 2019 11 Sep 2019 - 4 Oct 2019

University of Toronto Columbia University in the City of New York Edona Reshidi (Visiting researcher) Christian Schmid (Visiting researcher) 1 Feb 2019 - 30 Apr 2019 4 Oct 2019 - 31 Oct 2019

GATE Lyon St-Etienne Technische Universität Bergakademie Freiberg Stephanos Vlachos (Visiting researcher) Martin Altenburger (Visiting researcher) 4 Feb 2019 - 1 Mar 2019 14 Oct 2019 - 25 Oct 2019

European Securities and Markets Authority (ESMA) University of New South Wales Christian Westheide (Visiting researcher) Karl Schlag (Visiting researcher) 5 Feb 2019 - 1 Mar 2019 1 Nov 2019 - 9 Jan 2020

Université Paris I – Panthéon-Sorbonne Helsinki Center of Economic Research Jean-Robert Tyran (Visiting researcher) Thomas Gehrig (Visiting researcher) 18 Feb 2019 - 1 Mar 2019 6 Dec 2019 - 13 Dec 2019

Princeton University Helsinki Center of Economic Research Martin Glanzer (Visiting researcher) Thomas Gehrig (Visiting researcher) 11 Mar 2019 - 15 Mar 2019 7 Dec 2019 - 14 Dec 2019

IÉSEG School of Management Christina Sichtmann (Visiting lecturer) 24 Mar 2019 - 28 Mar 2019

The University of Chicago Martin Glanzer (Visiting researcher) 25 Mar 2019 - 9 Jun 2019

Waseda University Markus Reitzig (Visiting researcher) 26 Apr 2019 - 01 May 2019

California Institute of Technology (Caltech) Jean-Robert Tyran (Visiting researcher) 29 Apr 2019 - 9 May 2019

Università degli Studi di Bergamo Georg Pflug (Visiting researcher) 3 Jun 2019 - 16 Jun 2019

Université Paris XIII Immanuel Bomze (Visiting researcher) 10 Jul 2019 - 14 Jul 2019

New York University Karl Schlag (Visiting researcher) 1 Sep 2019 - 24 Oct 2019

Research Achievements 2019 Dissemination of Research | 49 Workshops and Conferences

12th Freiburg-Wien-Zürich Seminar VHB Jahrestagung 2019 Christa Cuchiero (Organiser), Irene Klein (Organiser), Thomas Gehrig (Participant) Thorsten Schmidt (Organiser), Josef Teichmann (Organiser) 12 Jun 2019 - 14 Jun 2019 15 Jan 2019 - 16 Jan 2019 Advances in Decision Analysis 2019 OLA International Conference on Optimization and Learning Steffen Keck (Participant) Frank Benda (Participant) 19 Jun 2019 - 21 Jun 2019 29 Jan 2019 - 31 Jan 2019 The Vienna Conference on Strategy, Organizational Design, Tagung des Bildungsökonomischen Ausschusses and Innovation Oliver Fabel (Participant) Markus Reitzig (Organiser), Valentina Richter (Participant) 8 Mar 2019 - 10 Mar 2019 21 Jun 2019 - 23 Jun 2019

VHB-Arbeitstagung Blockchain – Anwendungspotentiale und Annual Meeting of the Academy of International Business Herausforderungen (AIB 2019) Thomas Gehrig (Participant) Christina Sichtmann (Organiser) 8 Mar 2019 24 Jun 2019

22nd Colloquium on Personnel Economics 2019 Annual Meeting of the Academy of International Business Oliver Fabel (Organiser) (AIB 2019) 13 Mar 2019 - 15 Mar 2019 Christina Sichtmann (Presenter) 26 Jun 2019 VBEN Vienna Behavioral Economics Network Jean-Robert Tyran (Organiser), Marie Claire Villeval (Participant) Gesellschaftsräume der Literatur 19 Mar 2019 Schlomo Hofmeister (Panellist), Marie-Claire Sowinetz (Panellist), Friedrun Huemer (Panellist), Bernhard Kittel ÖFG-Konferenz: Nach der Krise ist Vor der Krise (Panellist), Christa Zöchling (Presenter), Lydia Mischkulnig Thomas Gehrig (Organiser) (Presenter) 11 Apr 2019 - 12 Apr 2019 26 Jun 2019

ÖFG-Konferenz: Nach der Krise ist Vor der Krise Workshop on International Economic Networks (WIEN) Thomas Gehrig (Organiser), Matthias Bank (Organiser), Alejandro Cunat (Organiser) Christian Laux (Organiser), Reinhard Neck (Organiser), 27 Jun 2019 - 28 Jun 2019 Alfred Wagenhofer (Organiser), Claudia Wöhle (Organiser) 18 Apr 2019 NBER Summer Institute Alejandro Cunat (Participant) Forum Produktion und Management 10 Jul 2019 - 12 Jul 2019 David Schmaranzer (Participant) 25 Apr 2019 European Summer Symposium in Financial Markets 2019 Thomas Gehrig (Participant) VBEN Vienna Behavioral Economics Network 14 Jul 2019 - 21 Jul 2019 Jean-Robert Tyran (Organiser), Klaus Wertenbroch (Participant) 22 May 2019 7th INFORMS Transportation Science and Logistics Society Workshop 3rd International Workshop on Arc Routing Problem Karl Franz Dörner (Organiser) Georg Erwin Adrian Fröhlich (Participant) 15 Jul 2019 - 18 Jul 2019 27 May 2019 - 29 May 2019 7th INFORMS Transportation Science and Logistics Society Tagung "Arbeit neu denken" Workshop Oliver Fabel (Organiser) Frank Benda (Participant) 7 Jun 2019 15 Jul 2019 - 18 Jul 2019

19th International Conference on Group Decision and 7th INFORMS Transportation Science and Logistics Society Negotiation, GDN 2019 Workshop Rudolf Vetschera (Organiser) David Schmaranzer (Participant) 11 Jun 2019 - 15 Jun 2019 15 Jul 2019 - 18 Jul 2019

Research Achievements 2019 Dissemination of Research | 50 World Finance Conference 2019 (Santiago de Chile) Vienna Congress on Mathematical Finance 0219 Thomas Gehrig (Advisor) Mathias Beiglböck (Organiser), Rüdiger Frey (Organiser), 24 Jul 2019 - 26 Jul 2019 Stefan Gerhold (Organiser), Friedrich Hubalek (Organiser), Irene Klein (Organiser), Thorsten Rheinländer (Organiser), XV International Conference on Stochastic Programming Birgit Rudloff (Organiser), Walter Schachermayer (Organiser), Martin Glanzer (Participant) Uwe Schmock (Organiser) 29 Jul 2019 - 2 Aug 2019 9 Sep 2019 - 11 Sep 2019

Academy of Management Annual Conference VBEN Vienna Behavioral Economics Network Markus Reitzig (Participant) Jean-Robert Tyran (Organiser), Leonardo Bursztyn (Participant) 9 Aug 2019 - 13 Aug 2019 10 Sep 2019

Academy of Management Annual Conference Landesseminar der Konrad-Adenauer-Stiftung für Steffen Keck (Participant) Stipendiaten aus Österreich 13 Aug 2019 Christina Sichtmann (Panel chair) 24 Sep 2019 - 29 Sep 2019 3rd SAFE Market Microstructure Conference Christian Westheide (Organiser) Digital Societies 19 Aug 2019 - 20 Aug 2019 Hermann Helke (Participant) 25 Sep 2019 - 27 Sep 2019 2019 EFA Doctoral Tutorial (Carcavelos) Gyöngyi Loranth (Participant) 26th Annual Meeting of the German Finance Association (DGF) 21 Aug 2019 2019 Thomas Gehrig (Advisor) 46th Annual Meeting of the European Finance Association 2019 26 Sep 2019 - 28 Sep 2019 Thomas Gehrig (Advisor) 22 Aug 2019 50 Jahre Seminar für Ökonometrie an der Universität Frankfurt Thomas Gehrig (Participant) Tagung der Vertrauensdozenten der Konrad-Adenauer-Stiftung 7 Oct 2019 Christina Sichtmann (Participant) 29 Aug 2019 - 1 Sep 2019 24th Young Statisticians Meeting Nicolai Amann (Participant) 46th Annual Conference of the European Association for 18 Oct - 20 Oct 2019 Research in Industrial Economics Philipp Schmidt-Dengler (Participant) Symposium Kryptowährungen und virtuelle Finanzierungs- 30 Aug 2019 - 1 Sep 2019 formen: Kundenbindungs- und Punkteprogramme Martin Miernicki (Organiser), Arthur Weilinger (Participant) 10th International Workshop on Simulation and Statistics 22 Oct 2019 Nicolai Amann (Participant) 2 Sep 2019 - 6 Sep 2019 Statistiktage 2019 der "Österreichische Statistische Gesellschaft" (ÖSG) Operations Research 2019: Annual scientific conference of Nicolai Amann (Participant) the national Operations Research Societies of Germany, 24 Oct - 25 Oct 2019 Austria and Switzerland Roland Braune (Stream Organiser), Karl Franz Dörner (Stream Meeting of the Working Group Operations Research in Health Organiser), Andrea Gaunersdorfer (Stream Organiser), Walter Care and Disaster Management of the Austrian Society of Gutjahr (Stream Organiser), Georg Pflug (Stream Organiser), Operations Research (ÖGOR) Andrea Seidl (Stream Organiser) Marion Rauner (Participant), Margit Sommersguter-Reichmann 3 Sep 2019 - 6 Sep 2019 (Participant), Walter Gutjahr (Participant), Tina Wakolbinger (Participant) PhD-Workshop: Scientific Paper Writing in Management and 25 Oct 2019 Economics Josef Windsperger (Organiser), Christina Pawlowitsch International Workshop on Digitalization and Servitization (Contributor) within Factory-Free Economy 9 Sep 2019 - 13 Sep 2019 Christine Strauss (Participant) 4 Nov 2019 - 7 Nov 2019

Research Achievements 2019 Dissemination of Research | 51 Berlin Lunchtime Meeting: Bedarfsgerechtigkeit oder bedingungsloses Grundeinkommen – Wie können Verteilungskonflikte künftig gelöst werden? Bernhard Kittel (Panellist) 6 Nov 2019

Podiumsdiskussion "Migration und Beschäftigung", Altkalksburger Vereinigung Bernhard Kittel (Panellist) 11 Nov 2019

1. Österreichischer Vereinsrechtstag Martin Miernicki (Organiser), Arthur Weilinger (Organiser) 19 Nov 2019

Data & Ethics Thomas Gehrig (Organiser), Kyle Hubbard (Organiser), Maria Chiara Iannino (Organiser), Stephan Unger (Organiser) 22 Nov 2019 - 23 Nov 2019

Compromise, Don't Optimize: A Prior-Free Alternative to Perfect Bayesian Equilibrium Karl Schlag (Participant) 2 Dec 2019

ESRB ASC Workshop on Stress Testing Thomas Gehrig (Advisor) 6 Dec 2019

Econometric Society Winter Meeting 2019 Philipp Schmidt-Dengler (Participant) 15 Dec 2019 - 17 Dec 2019

World Finance & Banking Symposium (New Delhi) Thomas Gehrig (Advisor) 19 Dec 2019 - 21 Dec 2019

International Workshop on Digital Content & Smart Multimedia Christine Strauss (Organiser) 23 Dec 2019 - 25 Dec 2019

Research Achievements 2019 Dissemination of Research | 52 Seminar Series

Our seminar series are platforms to discuss recent and Elementary network memetics ongoing research. The exchange of ideas takes place in a more Luca Anderlini (U Georgetown) or less informal atmosphere. A brown-bag seminar is more 06 Jun 2019 informal and ideal to discuss new ideas and work in progress while senior researchers tend to present polished papers in a Demagogues and the instability of democracy departmental seminar. Our seminar series are organized and Dan Bernhardt (U Warwick) funded by our departments and centers. 13 Jun 2019

Wealth, wages, and employment Vienna Joint Economic Seminar José-Victor Rios-Rull (U Pennsylvania) 27 Jun 2019 On the family origins of human capital formation: Evidence from donor-conceived children Reconsidering the Market Size Effect in Innovation and Erik Plug (Amsterdam University) Growth (joint with Hélène Latzer and Mathieu Parenti) 10 Jan 2019 Kiminori Matsuyama (Northwestern U) 03 Oct 2019 Attention please! Jakub Steiner (CERGE-EI) Reforming the U.S. Long-Term Care Insurance Market (joint 17 Jan 2019 with Karen Kopecky) Anton Braun (FRB Atlanta) Vertical integration, supplier behavior, and quality upgrading 10 Oct 2019 among exporters Gianmarco León (U Pompeu Fabra) Competition and Pass-Through: Evidence from Isolated 14 Mar 2019 Markets (joint with Christos Genakos) Mario Pagliero (Collegio Carlo Alberto and U Turin) Morals in financial markets: The role of reputation and 17 Oct 2019 competition Marie Claire Villeval (U Lyon) Auctions with Unknown Capacities: Understanding 21 Mar 2019 Competition among Renewables (joint with Gerard Llobet) Natalia Fabra (U Carlos III de Madrid) Expatriate managers and firm performance 24 Oct 2019 Miklós Koren (CEU Budapest) 28 Mar 2019 There’s More to Marriage than Love: The Effect of Legal Status and Cultural Distance on Intermarriages and Separations A theory of falling growth and rising rents Jerome Frans Adda (U Bocconi) Timo Boppart (U Stockholm) 31 Oct 2019 11 Apr 2019 Market Entry, Fighting Brands and Tacit Collusion: The cost of multitasking: the gender pay gap in an online Evidence from the French Mobile Telecommunications Market labour market (joint with Marc Bourreau and Yutec Sun) Abi Adams (U Oxford) Frank Verboven (KU Leuven) 02 May 2019 07 Nov 2019

Quantifying market power Machine Learning the Labor Market Jan Eeckhout (University College London) Iourii Manovskii (U Pennsylvania) 09 May 2019 14 Nov 2019

A laboratory investigation of price dispersion and cycles Cheating with (Recursive) Models (joint with Kfir Eliaz and Ed Hopkins (U Edinburgh) Yair Weiss) 16 May 2019 Rani Spiegler (Tel Aviv U, UCL) 21 Nov 2019 Correlated large contests Juuso Välimäki (U Aalto) The Tragedy of Complexity (joint with Martin Oehmke) 23 May 2019 Adam Zawadowski (CEU) 28 Nov 2019

Research Achievements 2019 Dissemination of Research | 53 The Political Economy of Consumer Behavior ISOR Colloquium Sandra Sequeira (LSE) 05 Dec 2019 Wim van Ackooij Georg Pflug (Host) Business Cycle during Structural Change: Arthur Lewis' 7 Jan 2019 Theory from a Neoclassical Perspective (joint with Bo Zhao and Fabrizio Zilibotti) Arne Bathke Kjetil Storesletten (U Oslo) Nikolaus Hautsch (Host) 12 Dec 2019 14 Jan 2019

Constantin Zalinescu Immanuel Bomze (Host) Applied Economics Seminar 28 Jan 2019

Nation-Building through Compulsory Schooling during the George Tauchen Age of Mass Migration Nikolaus Hautsch (Host) Martina Viarengo (IHEID) 11 Mar 2019 05 Mar 2019 Ralf Werner Mergers and the Markups of Rival Firms: Immanuel Bomze (Host) Evidence from European Markets 18 Mar 2019 Joel Stiebale (DICE) 26 Mar 2019 Fabio Tardella Immanuel Bomze (Host) Segmentation versus Agglomeration: Competition between 1 Apr 2019 Platforms with Competitive Sellers Martin Peitz (U Mannheim) Roberto Guglielmi 02 Apr 2019 Teresa Scarinci (Host) 29 Apr 2019 Are Referees and Editors in Economics Gender Neutral? (With David Card, Stefano Della Vigna and Nagore Iriberri) Sergio García Quiles Patricia Funk (Università della Svizzera italiana) Immanuel Bomze (Host) 30 Apr 2019 6 May 2019

Field of study and family outcomes Roberto Roberti Bas van der Klaauw (U Amsterdam) Mario Ruthmair (Host) 14 May 2019 13 May 2019

Agency pricing andbargaining: Claudia Archetti empirical evidence Immanuel Bomze (Host) Matthijs Wildenbeest (Indiana University) 20 May 2019 18 Jun 2019 Alec Morton Measuring the Incentive to Collude: Mario Ruthmair (Host) The Vitamin Cartels, 1990.1999 27 May 2019 Mitsuru Igami (Yale University) 25 Jun 2019 Vanesa Guerrero Lozano Immanuel Bomze (Host) East Side Story: Historical Pollution and Persistent 17 Jun 2019 Neighborhood Sorting Yanos Zylberberg (U Bristol) Patrick Groetzner 05 Nov 2019 Immanuel Bomze (Host) 7 Oct 2019 Who Bears the Burden of Local Taxes? Raphael Parchet (Università della Svizzera italiana) Hans Manner 12 Nov 2019 Nikolaus Hautsch (Host) 14 Oct 2019

Research Achievements 2019 Dissemination of Research | 54 Rasmus Tangsgaard Varneskov Asset-Level Transparency and the (E)valuation of Nikolaus Hautsch (Host) Asset-Backed Securities 21 Oct 2019 Stephen G. Ryan (NYU Stern) 12 Apr 2019 Eric Gautier Nikolaus Hautsch (Host), Benedikt Pötscher (Host) Do Index Funds Monitor? 28 Oct 2019 Matt Ringgenberg (University of Utah) 26 Apr 2019 Philip Thompson Teresa Scarinci (Host) The Value of Accounting Noise: 4 Nov 2019 Credit Line Revocations and Aggregate Liquidity Shocks Christian Laux (WU Wien) Karl Oskar Ekvall 03 May 2019 Nikolaus Hautsch (Host), Benedikt Pötscher (Host) 11 Nov 2019 Does Board Size Matter? Dirk Jenter (London School of Economics) Adriano Festa 10 May 2019 Teresa Scarinci (Host) 18 Nov 2019 Interest Rates, Market Power, and Financial Stability David Martinez Miera (University Carlos III de Madrid) Paula Carroll 17 May 2019 Immanuel Bomze (Host) 25 Nov 2019 Fiscal and Foreign Account Imbalances and Asset Prices Rossen Valkanov (Rady School of Management) Guiseppe Cavaliere 24 May 2019 Nikolaus Hautsch (Host) 2 Dec 2019 Arbitrage Portfolios Robert Korajczyk (Northwestern University) Christian Brownlees 07 Jun 2019 Nikolaus Hautsch (Host) 9 Dec 2019 Asset Management Contracts and Equilibrium Prices Dimitri Vayanos (London School of Economics) 13 Jun 2019

Finance Research Seminar (VGSF) Slow Arbitrage: Fund Flows and Mispricing in the Frequency Domain The Cross-Section of Household Preferences Joël Peress (INSEAD) John Y. Campbell (Harvard University) 11 Oct 2019 8 Mar 2019 Robo-advisers and Investor Behavior Predicting Stock Market Returns with Machine Learning", "Who Alessandro Previtero (Indiana University) Benefits from Robo-advising? Evidence from Machine Learning 18 Oct 2019 Alberto Rossi (Robert H. Smith School of Business) 15 Mar 2019 Conflicting Priorities: A Theory of Covenants and Collateral Cheap Trade Credit and Competition in Downstream Markets Denis Gromb (HEC Paris) Mariassunta Giannetti (Stockholm School of Economics) 25 Oct 2019 22 Mar 2019 Large Orders in Small Markets: FinTech Disruption, Payment Data, and Bank Information On Optimal Execution with Endogenous Liquidity Supply Uday Rajan (University of Michigan) Albert Menkveld (VU University Amsterdam) 29 Mar 2019 8 Nov 2019

Bank Market Power and Monetary Policy Transmission: Corporate Capture of Blockchain Governance Evidence from a Structural Estimation Daniel Ferreira (London School of Economics) Toni Whited (University of Michigan) 15 Nov 2019 5 Apr 2019

Research Achievements 2019 Dissemination of Research | 55 Common Shocks in Stocks and Bonds Privatissimum Marketing & Anna Cieslak (Duke University) International Marketing 22 Nov 2019 The Indie Premium: How Independent Firms Create Product Optimally Solving Banks' Legacy Problems Value Across Cultures Javier Suarez (CEMFI Madrid) Vasileios Davvetas (Leeds University) 29 Nov 2019 06 Mar 2019

Skewness Preferences in Choice under Risk How and Why do we Differ in Luxury Value Perception? – Sebastian Ebert (Frankfurt School of Finance & Management) Empirical Evidence from New Luxury Markets 6 Dec 2019 Beata Stępień (Poznań University) 28 Mar 2019 Due Diligence Brendan Daley (Johns Hopkins University) Customer Empowerment in Pricing: How to Tame the Beast 13 Dec 2019 Martin Natter (University of Zurich) 17 May 2019

Empirical Insights into Competitive Reactions and Empirical VCEE Seminar Series Insights into Limited Editions of Luxury Products Oliver P. Heil (Johannes Gutenberg-Universität Mainz) Preferences over Taxation of High Income Individuals: 27 May 2019 Evidence from Survey and Laboratory Experiments Dirk Engelmann (Humboldt University of Berlin) The Path Method as a New Way to Decompose Changes in 25 Jan 2019 a Performance Variable such as Customer Equity Bernd Skiera (Goethe University Frankfurt) Fairness in Markets and Market Experiments 24 Sep 2019 Jana Friedrichsen (Humboldt University of Berlin) 25 Jan 2019 The Effect of Sponsorship Disclosure on Audience Engagement for Social Media Influencers Behavioral Economics applied: Reinhold Decker (Universität Bielefeld) From research to Behavioral Design 12 Dec 2019 Jens Noll (FehrAdvice & Parnters AG) 18 Oct 2019

Knowledge Hierarchies and the Efficient Division of Labor: Public Lectures (Internationales Management in Evidence from a Laboratory Experiment der Unternehmenspraxis) Ferdinand von Siemes (Goethe University Frankfurt) 18 Oct 2019 Competitive Strategy of KREISEL ELECTRIC André Felker (KREISEL ELECTRIC) Optimal Frequency of Portfolio Evaluation in a Choice 18 Jan 2019 Experiment with Ambiguity and Loss Aversion Sabine Kröger (Laval University) Competitive Strategy of Raiffeisen Bank International 15 Nov 2019 Dr. Johann Strobl (Raiffeisen Bank International AG) 18 Jan 2019 Video CV and Job Search of Persons with and without Disabilities : A Field Experiment Competitive Strategy of DOPPELMAYR GROUP Charles Bellemare (Laval University) Oliver Gumpert (Doppelmayr Seilbahnen GmbH) 15 Nov 2019 22 Mar 2019

Aggregating over risk andtime in risky intertemporal choice: Competitive Advantage through Franchising: which order? COFFEESHOP COMPANY Kirsten Rohde (Erasmus University Rotterdam) Marko Schärf (Schärf Coffeeshop GmbH) 13 Dec 2019 29 Mar 2019

Teaching Norms in the Streets: An Experimental Study Private Equity and Venture Capital – A Source for Economic Growth Fabio Galeotti (GATE Lyon) Dr. Rudolf Kinsky (AVCO) 13 Dec 2019 12 Apr 2019

Research Achievements 2019 Dissemination of Research | 56 Competitive Strategy of Infineon Technologies Austria Empirical Accounting Research DI Dr. Sabine Herlitschka (Infineon Technologies Austria AG) Pat Hopkins, Leslie Hodder (Indiana University, 10 May 2019 Kelley School of Business) Center for Accounting Research, University of Graz Regional Competitive Advantage through Clusters: 13 May - 17 May 2019 The Case of ecoplus in Lower Austria Dipl.-Ing. Claus Zeppelzauer (ecoplus. Niederösterreichs Lunch Workshop: The Effect of Reporting the Components Wirtschaftsagentur GmbH) of Fair Value Estimates on Financial Statement Users’ 10 May 2019 Investment Decisions Pfeiffer, Thomas (Organiser), Leslie Hodder & Patrick Hopkins Erfolgsstory von AKAKIKO in Österreich (Lecturers) Indiana University Mi-Ja Chun (Akakiko Restaurant-Entwicklungs GmbH) 14 May 2019 31 May 2019 Paper Writing Seminar Competitive Advantage through Franchising – Ralf Ewert, Alfred Wagenhofer (University of Graz) RE/MAX Austria Center for Accounting Research, University of Graz KR Univ.-Doz. Christian Hrdliczka (RE/MAX Akademie) 20 May 2019 22 Nov 2019 Lunch Workshop: Deterrent Disclosure International Strategy of AGRANA Pfeiffer, Thomas (Organiser), Stephen Glaeser (Lecturer) Generaldirektor DI Johann Marihart (Agrana) University of North Carolina 29 Nov 2019 21 May 2019

Lunch Workshop: The Tax Avoidance (Tax Planning) Continuum: Theory and Applications Seminars & Workshops of the Doctoral Program Pfeiffer, Thomas (Organiser), Mark Penno (Lecturer) in Accounting, Reporting, and Taxation (DART) – University of Iowa in Cooperation with the University of Graz 22 May 2019 Lunch Workshop: Mandatory Disclosure, Corporate Advanced Paper Writing Seminar Investment, and Shareholder Welfare Ralf Ewert, Alfred Wagenhofer (University of Graz) Pfeiffer, T. (Organiser), Sunil Dutta (Lecturer), Center for Accounting Research, University of Graz University of California, Berkeley 14 Jan 2019 27 May 2019

Auditing and Taxation Accounting and Governance Ralf Ewert, Rainer Niemann (University of Graz) Michael Kopel, Alfred Wagenhofer (University of Graz) Center for Accounting Research, University of Graz Center for Accounting Research, University of Graz 22 Jan 2019 28 May 2019

Lunch Workshop: Do Firms Strategically Announce Capacity Lunch Workshop: Strategic Director Appointments Expansions in Response to Heightened Entry Threats? Pfeiffer, T. (Organiser), George Drymiotes (Lecturer) Pfeiffer, T. (Organiser), Matthew Bloomfield (Lecturer) Texas Christian University Wharton School 18 Jun 2019 05 Mar 2019 Lunch Workshop: Corporate Governance, Performance Financial Accounting Seminar Manipulation, and Shareholder Intervention Ilan Guttman (NYU, Stern School of Business) Pfeiffer, Thomas (Organiser), Stefan Schantl (Lecturer) Center for Accounting Research, University of Graz University of Melbourne 8 Apr - 10 Apr 2019 08 Oct 2019

Lunch Workshop: The Effect of Exogenous Information on Lunch Workshop: Silence Can Be Golden: On the Value of Voluntary Disclosure and Market Quality Allowing Managers to Keep Silent When Information is Soft Pfeiffer, Thomas (Organiser), Ilan Guttman (Lecturer) Pfeiffer, Thomas (Organiser), Tsahi Versano (Lecturer) New York University Coller School of Management – Tel Aviv University 09 Apr 2019 31 Oct 2019

Research Achievements 2019 Dissemination of Research | 57 Lunch Workshop: Payoffs to Aggressiveness Pfeiffer, Thomas (Organiser), Frank Ecker (Lecturer) Frankfurt School of Finance and Management 19 Nov 2019

Joint Viennese University Seminar Series on “Strategic Management and Organizational Studies” – in Cooperation with the WU

On Categories and Search: Micro-level evidence from patent examiners Balázs Kovács 07 May 2019

Integrating Research on Inter-Organizational Networks and Ecosystems Andrew Shipilov 12 Nov 2019

Prior Experiences of Managers and Responsiveness to Performance Feedback:Evidence From Mutual Funds Philipp Meyer-Doyle 14 Nov 2019

Other Seminars

Seminar on liquidity, money, blockchain, and cryptocurrency Kathy Yuan (LSE) Host: Thomas Gehrig 26 Mar - 29 Apr 2019

Die Fiskalpolitik der Europäischen Zentralbank Hans-Werner Sinn (Ludwig-Maximilians-Universität München) Host: Thomas Gehrig 11 Apr 2019

Advanced FM: Portfolio Management Leonidas Barbopoulos (University of Edinburgh) Host: Thomas Gehrig 18 Jun - 22 Jun 2019

Property is Dummy Proof Christoph Engel (Max-Planck-Institut zur Erforschung von Gemeinschaftsgütern) Host: Bernhard Kittel 15 Oct 2019

Preference modeling for MCDM/A with partial information using FITradeoff method Adiel Teixeira de Almeida (Universidade Federal de Pernambuco) Host: Rudolf Vetschera 22 Nov 2019

Research Achievements 2019 Dissemination of Research | 58 Awards and Fellowships

Bankenverbandspreis 2019 Small Research Grant Alexander Wimmer Matthias Glaser Verband österreichischer Banken und Bankiers University of Vienna 2019 2019

FESE De la Vega Prize 2019 Small Research Grant Thomas Johann, Talis Putnins, Satchit Sagade & Georgios Halkias Christian Westheide University of Vienna Federation of European Security Exchanges 2019 2019 Small Research Grant Förderpreis der Österreichischen Statistischen Gesellschaft Milena Micevski Nicolai Amann University of Vienna Österreichische Statistische Gesellschaft (ÖSG) 2019 2019 Small Research Grant Förderstipendium nach dem StudFG Sandra Pauser Matthias Glaser University of Vienna University of Vienna 2019 2019 Small Research Grant Forschungsstipendium der Graf Hardegg Stiftung Axel Sonntag Axel Sonntag University of Vienna Graf Hardegg Stiftung 2019 2019 Small Research Grant Graf Hardegg Stiftung Fellowship Elisabeth Wolfsteiner Dominik Stelzeneder University of Vienna 2019 2019

Innovationsscheck der Österreichischen Stipendium der Österreichischen Forschungsgemeinschaft Forschungsförderungsgesellschaft – Fellowship Sandra Pauser Sandra Pauser Österreichische Forschungsgemeinschaft 2019 2019

Journal of International Business Studies (JIBS) Silver Medal Stipendium der Université Franco-Allemande Adamantios Diamantopoulos Sandra Pauser Journal of International Business Studies Université Franco-Allemande 2019 2019

Konferenzstipendium der Université-Allemande UniCredit Foundation Best Paper Award Matthias Glaser UniCredit Foundation Universitè Allemande Atabek Atayev 2019 2019

Outstanding Reviewer Award – uni:docs Fellowship Emerald Literati Awards of Excellence Anita Györfi Georgios Halkias University of Vienna International Marketing Review 2019 2019 uni:docs Fellowship Rajiv P. Dant Graduate Student Stipend Sigma Samhita Matthias Glaser University of Vienna International Society of Franchise 2019 2019

Research Achievements 2019 Dissemination of Research | 59 Walter-Haslinger Preis Alexander Wimmer Walter Haslinger Privatstiftung 2019

Wissenschaftspreis 2019 Sandra Pauser EHI Retail Institute 2019

Young Economist Award 19 Leopold Zessner-Spitzenberg & Flora Lutz Forschungsschwerpunkt Internationale Wirtschaft 2019

Research Achievements 2019 Dissemination of Research | 60 Citation-Based Ranking

This table provides a citation analysis for our tenured faculty (n = 30)1 based on Thompson Reuters Web of Science (WoS). This database is used by the quality assurance unit of the university as well. The top section of the table shows the total number of citations and Hirsch indexes according to Web of Science as of January 2020. The lower section of the table gives the names of the Faculty members who rank first according these metrics. In case of Faculty members achieving the same scores, we rank those in ascending order by age.

Citations-based measures of research Impact (Web of Science)

Total number of citations Hirsch Index h

Number of Percentage h-index Percentage citations of Faculty of Faculty members members

0-50 0% 0-2 0% 51-100 3% 3-5 16%

Distribution of citations Distribution 101-300 23% 6-10 17% 301-500 10% 11-15 27% 501-1000 30% 16-20 17% > 1000 34% > 20 23% Diamantopolous, A. Diamantopolous, A. Hartl, R. Hartl, R. Dörner, K. F. Dörner, K. F. Kocher, M. Bomze, I. Bomze, I. Kocher, M. Pflug, G. Tyran, J.-R. Tyran, J.-R. Pflug, G. Pötscher, B. Pötscher, B. Ranking of individuals Ranking Reitzig, M. Sorger, G. Leeb, H. Reitzig, M.

The discussion here does not consider the law professors Lechner and Weilinger because publications in legal science follow different logics and patterns

Research Achievements 2019 Citation-Based Ranking | 61 BEING INQUISITIVE PAYS OFF