Prof. Dr. Matthias Heinz, part-time member of our Experimental Economics Group, has received an ERC Starting grant, i.e., one of the most prestigious and highly-endowed research grants in Europe. In his ERC project „Managing People - How Employees’ Social Preferences Shape the Returns to Management Practices” Matthias Heinz analyzes the causal effects of management practices and studies to what extent employees’ social preferences shape the returns of the considered management practices. more

How cool would it be if you could read minds? Only that's not really possible, is it? Social psychologist Rima-Maria Rahal explains how science might have a solution. more

Daniel Salicath joined the MPI for Research on Collective Goods in 2017 as a PhD student under the supervision of Prof. Matthias Sutter and Prof. Bettina Rockenbach. more

Shambhavi Priyam joined the MPI for Research on Collective Goods in late 2017 as a PhD student under the supervision of Prof. Matthias Sutter and Prof. Axel Ockenfels. more

57 clusters of excellence, 1 podcast. On a regular basis, "Exzellent erklärt" reports from one of the research clusters that receive funding under the Excellence Strategy of the German federal and state governments. more

A Covid-19 infection in the family leads to a reduction in trust and in the willingness to cooperate in adolescents from socioeconomically weaker families more

Maj-Britt joined the MPI for Research on Collective Goods in Bonn and the Friedrich Schiller University Jena in January 2017 as a PhD student under the supervision of Prof. Oliver Kirchkamp and Prof. Christoph Engel, within the IMPRS Uncertainty. more

Cornelius started his PhD studies at our institute within the joint program of the Max Planck Research School on Adapting Behavior in a Fundamentally Uncertain World (IMPRS Uncertainty) and the University of Cologne (Graduate School in Management, Economics and Social Sciences, CGS) in October 2016. more

The European Academy of Sociology (EAS) awards Michael Seebauer and his co-authors the 2021 EAS Prize for Best Article for their publication "The Role of Reciprocity in the Creation of Reputation." more

Rima-Maria Rahal receives funding for the project “Good Together” from the Hans Sauer Foundation's special funding program "The Crisis as an Opportunity?”. more

The "Gesellschaft für experimentelle Wirtschaftsforschung (GfeW)" awards Stefan Schmidt a Reinhard Selten scholarship in the amount of 1500 Euro for his research project "Flag to Wave: Status-Seeking Behavior in Groups". more

In the ranking for lifetime achievement (individuals and institutions in and from the German-speaking world according to articles in scientific journals), Prof. Hellwig ranks second and Prof. Sutter 39th. more

Matthias Sutter explains how the seemingly old-fashioned virtue of patience leads to success in life. more

In this year's ranking of top economists, published by the Frankfurter Allgemeine Zeitung, Matthias Sutter is in 42nd place. more

Podcast with Susann Fiedler (in German)
A basic income? Some say it's a social hammock, others say it's a solution to social problems. Susann Fiedler, head of the research group "Economic Cognition", and others are conducting the first ... more

The Max Planck Institutes for the Study of Crime, Security and Law in Freiburg, and the Max Planck Institute for Research on Collective Goods in Bonn proudly announce that, under the auspices of Max Planck Law, Professor Dan Nagin has been appointed as Fellow. more

Study with respondents from 42 very different countries shows that fellow citizens are generally preferred more

Quantitative Economics is a journal of the Econometric Society, founded  to promote studies that aim at a unification of the theoretical-quantitative and empirical-quantitative approaches to economic problems. more

The University of Jena awards Yoan Hermstrüwer the PhD Prize 2021 for his thesis: "Engineering Games in the Public Interest - Essays in Experimental Law and Market Design". more

The right to determine whether to go first or second in a penalty shoout improves the chances of winning more

Cohesion is the glue of every life together. About civil courage, the group decisions of baboons and the cooperation of bacteria. more

The online portal The Conversation reports on a recent study, conducted by Matthias Sutter and his co-authors asking whether it is the right to determine the sequence of moves in a penalty shootout rather than the actual sequence of moves that matters in order to win. more

Starting in the fall, Rima-Maria Rahal will be a member of the Young ZiF, a network of postdocs through which Bielefeld University's Center for Interdisciplinary Research (ZiF) promotes exchange between outstanding young scholars from different disciplines who have a special interest in interdisciplinary cooperation. more

June 1st launched the nationwide first pilot project investigating the individual and social effects of a UBI (1,200.00 EUR/month) on recipients in a randomized controlled trial (RCT) that will last for 3 years. more

Podcast with Matthias Sutter (in German) more

Intentionally foregoing information can be a good decision for both dividuals and society more

Deliberately ignoring information can sometimes lead to better decisions. This can also be the case in the relationship between the market and the state—that is, in whether the state should intervene in the economy to correct for a market failure, for example. Economist Felix Bierbrauer presents examples from welfare economics and considers the potential effects on fairness, freedom, and individual motivation. more

We live in a knowledge society in which science and education is of particular importance. But under certain circumstances, we all benefit from deliberate ignorance. The Max Planck directors Ralph Hertwig and Christoph Engel explain why deliberately foregoing information in certain areas should even be prescribed and taught. more

Armin Steinbach has accepted an offer to join HEC Paris as Full Professor from September 2021. more

I do not want to see that! On first hearing, this may not seem wise. Even less should deliberately ignoring available information be praised by scientists: isn’t science about deepening knowledge? Yet people often shield themselves from information, for instance as they do not want to be scared, or biased. In a Strüngmann-Forum ... more

Hanjo Hamann is the first legal scholar to receive the Junior Award and is named Rising Researcher of the Year 2020. This prize is awarded by the German University Association (Deutscher Hochschulverband) during the "Gala of German Science" for outstanding commitment to science and research. more

In the broadcast “Warum wir uns an Hygieneregeln halten oder nicht" ["Why we follow hygiene rules or not"] Sebastian O. Schneider was interviewed on the question why some people adhere to the measures to fight Covid-19, and how to help everyone follow these measures. more

Do performance comparisons make you sick in the long run? more

Lukas Kiessling received the Prize for the best PhD thesis in Economics of Education completed in 2019/2020.   more

In February 2020, Sebastian O. Schneider of the Experimental Economics group was awarded a scholarship by Daimler and Benz Foundation for his project proposal to investigate smartphone usage and its consequences among adolescents. more

Stefanie Egidy has been awarded a competitive postdoctoral scholarship by the Daimler und Benz Stiftung for her work on "Strategic Litigation in a Democracy“. more

The institute is proud to learn that one of its former senior research fellows, Jens Frankenreiter, after having been a fellow at Columbia University, will join one of the top 20 US law schools, Washington University in St. Louis, as an Associate Professor. more

Matthias Sutter gave a one-hour interview on Radio Vorarlberg: "How we become successful through patience". more

One in five Internet users has already been the victim of hate speech. Can we do anything about hate comments? And what penalties do authors have to fear? In our new "Wissen Was" video, Fabian Winter and Frederike Zufall provide answers. more

Eight key Open Science actors in Germany founded the German Reproducibility Network. This cross-disciplinary consortium is dedicated to promote reproducible and robust research on a national level. Two scientists of the MPI Collective Goods are representatives of one of the founding members. more

On January 25, Matthias Sutter was interviewed in the ARD program "Live nach neun" on the topic of patience. more

Matthias Sutter will be a guest on Deutschlandfunk Kultur on December 19, 2020, 9:00 to 11:00 a.m. more

Greed: Is Cooperation the Solution to All Economic Problems?
In his novel "Gier" ("Greed"), published in 2019, the Viennese author Marc Elsberg sketches the world in a further economic crisis. At a special summit in Berlin, people want to find solutions. A Nobel Prize winner who wants to give a groundbreaking speech at the summit dies in a traffic accident on his way to the conference venue. He had allegedly found a formula for "cooperation" that would bring prosperity to all. more

LUISS (Libera Università Internazionale degli Studi Sociali Guido Carli) in Rome awards Werner Güth the degree of Doctor honoris causa. The institute congratulates! more

3SAT broadcasted a documentary on social justice on 5th November, 20:15. Part of this documentary reported on an experiment in our laboratory designed by Ranveig Falch in collaboration with Alexander Cappelen and Bertil Tungodden from FAIR, NHH. more

The "Network of Open Science Initiatives" (NOSI) at psychological institutes in the German-speaking world has been awarded the "Förderpreis für Qualitätssicherung in der Psychologie" (Award for Quality Assurance in Psychology) by the German Psychological Society (DGP). more

On September 9th, 2020, Niklas Cypris gave a workshop on current research on online hate speech as part of the Germany-wide festival Digitale Woche. more

The first long-term study on unconditional basic income in Germany will begin in mid-August... more

After completing his Bachelor and Master’s degrees in the Alpine city of Trento, Eugenio started his PhD in economics at the MPI for Research on Collective Goods in Bonn and the University of Cologne in September 2016 under the supervision of Prof. Bettina Rockenbach and Prof. Christoph Engel, within the program of the International Max Planck Research School on Adapting Behavior in a Fundamentally Uncertain World (IMPRS Uncertainty). more

The Max Planck Institute for Research on Collective Goods wanted to find out whether or not dismissals are comprehensible to employees, and what role this plays. more

  Pascal Langenbach has been elected to the Junge Akademie at the Berlin-Brandenburg Academy of Sciences and Humanities and at the National Academy of the Sciences Leopoldina.   more

Anna Baumert was selected as the 2020 Winner of the joint award of the European Association of Social Psychology (EASP) and EAPP for Outstanding Contribution to European Social and Personality Psychology. more

Every year, the Max Planck Society awards a selection of junior scientists the Otto Hahn Medal for their outstanding scientific achievements. more

TV station 3sat reported on the current job market in its broadcast "makro": "Value of labor". more

The German Research Foundation (DFG) has approved the application for a priority program called "META-REP: A meta-scientific program to analyze and optimize replicability in the behavioral, social, and cognitive sciences". more

Sebastian Tonke receives the Young Researcher Award for the best dissertation with respect to policy relevant research in developing countries. more

Bavarian radio and TV (Bayerischer Rundfunk) is currently presenting a series of video talks about the Corona pandemic on its homepage, entitled "Was ich noch zu Corona sagen wollte". Matthias Sutter has taken part in that series by giving a brief talk about patience in times of Corona. more

Consequence of corona: Economic downturn worldwide, layoffs of workers are likely. How do workers’ respond to layoffs of co-workers? See the call-center RCT by cluster members Matthias Heinz & Matthias Sutter, forthcoming Economic Journal. more

In 2016 the Hamburg Philharmonic State Orchestra launched a cooperation with the Max Planck Society for the Advancement of Science e.V. featuring the interdisciplinary series of events entitled 'Music and Science'. more

Zwetelina Iliewa and her colleagues examine the stock market expectations of financial professionals. The result: Experts' expectations about future stock market returns are driven by their personal experiences instead of objective financial information. more

Social status beats money

December 18, 2019

If a lie could harm their image, people are more likely to forgo financial benefits more

We congratulate ECONtribute for being honored with the “Jenny Gusyk Award 2019” for their equal opportunity strategy! The award was presented during a ceremony at the University of Cologne to Prof. Matthias Heinz, ECONtribute’s representative of equal opportunity. more

The newly founded Institute for Ethics in Artificial Intelligence at the Technical University Munich awarded Anna Baumert a 3-year grant for the interdisciplinary project "Personalized AI-based Interventions Against Online Norm Violations: Behavioral Effects and Ethical Implications“. more

Zwetelina Iliewa and her colleagues examine the stock market expectations of financial professionals. The result: Experts' expectations about future stock market returns are driven by their personal experiences instead of objective financial information. more

The social networks one belongs to in a classroom can have a bearing on the people’s beliefs. more

The Pope has appointed Christoph Engel as a Member of the Pontifical Academy of the Social Sciences. The aim of the Academy is to promote the study and the progress of the social sciences, in the interest of offering more

Every year, the Max Planck Society awards a selection of junior scientists the Otto Hahn Medal for their outstanding scientific achievements. Angelo received the prize for his work on human more

Rooms with sea view, flights non-stop, seats with more legroom: When booking online, you can precisely sort the hits via filters. The price for this convenience: Disclosing your preferences. Who profits more from these filters? ... more

The institute held a symposium in the honor of Martin Hellwig, on the occasion of his 70th birthday. Nobel laureates Oliver Hart and Jean Tirole gave keynotes. more

Franz Böhm Is Dead. Long Live Franz Böhm! Possibilities of Integrating Economics and Legal Studies in a Changed Environment. The Freiburg School of the 1930s and 40s was particularly marked by cooperation between legal scholars and economists. For the founders of the Freiburg School, the jurist Franz Böhm and the economist Walter Eucken, it was perfectly natural that these two areas should work together in order to explain the influence of institutional conditions on economic life. more


February 19, 2019

The Max Planck Society establishes the new International Max Planck Graduate School on Behaviorally Smart Institutions (or in short BeSmart). more

We mourn the death of Felix Höffler, who had been a senior research fellow at the institute in 2004-2007. more

Now the video recordings of the Max Planck Forum can be found on Youtube. more

Harvard Business Manager is featuring an interview with Zwetelina Iliewa in its 2/2019 edition: "Deceptive charts" more

Armin Steinbach has been awarded the Science Prize of the German Society of Legislation (Deutsche Gesellschaft für Gesetzgebung). The prize awards his habilitation on "Rational Legislation". more

Stefanie Egidy has been made a member of the Junges Kolleg of the North Rhine-Westphalian Academy of Sciences, Humanities and the Arts (Akademie der Wissenschaften und der Künste NRW). more

Large-scale study identifies hundreds of genes associated with risk tolerance and risky behaviors. New findings point to some biological mechanisms that influence overall risk-taking


On 27 December 2018, the FAZ (Frankfurter Allgemeine Zeitung) published an article on financial literacy of adolescents. The article with the title "Why life costs more than expected" cites a research project of Prof. Matthias Sutter, Dr. Michael Weyland, Manuel Froitzheim, and Anna Untertrifaller. more

During the dutch national conference of social psychology in Nijmegen, Angelo Romano has been awarded the "ASPO award for best dissertation". more

In September and October, researchers of Prof. Sutter's research group led by Dr. Sebastian Schneider visited schools in North-Rhine Westphalia, Rhineland Palatinate and Baden-Württemberg in the context of the Max Planck Day. more

Jens Frankenreiter received the SIAF Award for his Ph.D. thesis on "Judges, Politics, and the Law". The Swiss Institute of International Studies together with Ernst & Young award for the eighth time the annual SIAF Award for an outstanding PhD or master’s thesis at the University or ETH Zurich. more

It’s worth being patient

November 22, 2018
Matthias Sutter from the Max Planck Institute for Research on Collective Goods in Bonn researches what constitutes success in scientific terms. more

Das Max-Planck-Forum am 20. November in Bonn widmete sich Faktoren, die das Leben erfolgreich verlaufen lassen. more

Matthias Sutter was a guest SWR2 Matinee: Gerechtigkeit Geben und Nehmen – Die Lust am Teilen, Sonntagsfeuilleton mit Georg Brandl, Sunday, 11 November, 9:03-12:00. (Radio) more

The degree of willingness among men and women to assert themselves in competition can be balanced out. more

The degree of willingness among men and women to assert themselves in competition can be balanced out. more

Closing the gender gap in competitiveness through priming more

Directors Hellwig and Sutter to Form Part of a Team of Principal Investigators

"ECONtribute: Markets & Public Policy", a joint proposal from the universities of Bonn and Cologne, is the only mainly economics-based proposal in Germany to have been selected as a so-called Cluster of Excellence within the framework of the German Universities Excellence Initiative. more

Angelo Romano has won the FGB Junior Career award for his dissertation titled “The power of reciprocity to promote cooperation” (supervisor Daniel Balliet, promotor Paul van Lange). The faculty (c.q. the PEC) annually awards the FGB Junior Career Award to a talented PhD student who is in the latter stages of the PhD trajectory, or has recently graduated. The award is granted to the candidate as an appreciation of his/her contribution to the scientific field of study and as encouragement in the early stage of an a academic career. more

Congratulations to Isabel Schnabel, research affiliate and former member (2004 – 2007) of the institute, for being given the Gustav Stolper Award of the Verein für Socialpolitik, the professional association of German-speaking economists! more

Angelo Romano won the best dissertation in social psychology award in Italy (for the year 2017-2018). The award is granted by the Italian Association of Psychology (AIP). more

Finance Theory Group

August 06, 2018

Martin Hellwig was co-opted as a member of the Finance Theory Group. more

Pascal Langenbach was honored with the Otto Hahn Medal for his extraordinary research on the experimental proof that being heard before the issue of an administrative ruling increases acceptance. more

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