Univ.-Prof. Dipl.-Math. Karl Schlag, PhD
Karl Schlag
Winter term 2025
040065 KU Modelling bounded rationality (MA) - Smart heuristics and other alternatives to rational behavior
040098 UK SOLV (BA) - Fiskalpolitik verstehen und gestalten
Kasberger B, Schlag K. Robust Bidding in First-Price Auctions: How to Bid Without Knowing What Others Are Doing. Management Science. 2024 Jul;70(7):4219-4235. Epub 2023 Aug 23. doi: 10.1287/mnsc.2023.4899

Schlag K, Andriy Z. Compromise, Don’t Optimize: Generalizing Perfect Bayesian Equilibrium to Allow for Ambiguity. Journal of Political Economy Microeconomics. 2024 Feb;1(2):77-128.


Schlag K, Vida P. Believing when credible: talking about future intentions and past actions. International Journal of Game Theory. 2021 Dec;50(4):867 - 889. doi: 10.1007/s00182-021-00772-2

Schlag K, Zapechelnyuk A. Robust sequential search. Theoretical Economics. 2021 Nov;16(4):1431 - 1470. doi: 10.3982/TE3994, https://phaidra.univie.ac.at/o:1428989

Schlag K, Tremewan J. Simple belief elicitation: An experimental evaluation. Journal of Risk and Uncertainty. 2021 Apr;62(2):137 - 155. doi: 10.1007/s11166-021-09349-6

Martin S, Schlag K. Split it up to Create Incentives: Investment, Public Goods and Crossing the River. Journal of Economic Theory. 2020;189:105092. doi: 10.1016/j.jet.2020.105092

Schlag K, Kohler S. Inequality aversion causes equal or unequal division in alternating-offer bargaining. Bulletin of Economic Research. 2019 Jan;71(1):47 - 57. doi: 10.1111/boer.12156


Schlag K, Zapechelnyuk A. Dynamic benchmark targeting. Journal of Economic Theory. 2017 May;169:145-169. doi: 10.1016/j.jet.2017.02.004




Schlag K, Tremewan J, van der Weele J. A penny for your thoughts: A Survey of methods for eliciting beliefs. Experimental Economics. 2015 Sept;18(3):457 - 490. Epub 2014 Aug 22. doi: 10.1007/s10683-014-9416-x


Ludovic R, Schlag K. Ordients: Optimization and comparative statics without utility functions. Journal of Economic Theory. 2014 Nov 1;154:612 - 632. doi: 10.1016/j.jet.2014.09.013



Schlag K, van der Weele J. Eliciting probabilities, means, medians, variances and covariances without assuming risk neutrality. Theoretical Economics Letters (TEL). 2013;3(1):38 - 43.

Schlag K, Gossner O. Finite-sample exact tests for linear regressions with bounded dependent variables. Journal of Econometrics. 2013;177(1):75 - 84. doi: 10.1016/j.jeconom.2013.06.003

Making Decisions Based on Data: a Theory without "Guessing"

Schlag, K. (Speaker)

6 Dec 2024

Activity: Talks and presentationsTalk or oral contributionScience to Science


Making Decisions Based on Data: a Theory without "Guessing"

Schlag, K. (Speaker)

18 Oct 2024

Activity: Talks and presentationsTalk or oral contributionScience to Science


Making Decisions Based on Data: a Theory without "Guessing"

Schlag, K. (Speaker)

5 Sept 2024

Activity: Talks and presentationsTalk or oral contributionScience to Science


Compromise, don't optimize: A prior-free alternative to perfect Bayesian equilibrium

Schlag, K. (Speaker)

24 Aug 202028 Aug 2020

Activity: Talks and presentationsTalk or oral contributionScience to Science


Compromise, don't optimize: A prior-free alternative to perfect Bayesian equilibrium

Schlag, K. (Speaker)

17 Aug 202021 Aug 2020

Activity: Talks and presentationsTalk or oral contributionScience to Science


Compromise, Don't Optimize: A Prior-Free Alternative to Perfect Bayesian Equilibrium

Schlag, K. (Speaker)

14 Nov 2019

Activity: Talks and presentationsTalk or oral contributionScience to Science


Evaluating Treatment Effects and Replicability

Schlag, K. (Speaker)

4 Nov 2019

Activity: Talks and presentationsTalk or oral contributionScience to Science


Compromise, Don't Optimize: A Prior-Free Alternative to Perfect Bayesian Equilibrium

Schlag, K. (Speaker)

1 Nov 2019

Activity: Talks and presentationsTalk or oral contributionScience to Science


Evaluating Treatment Effects and Replicability

Schlag, K. (Speaker)

26 Sept 2019

Activity: Talks and presentationsTalk or oral contributionScience to Science


Compromise, Don't Optimize: A Prior-Free Alternative to Perfect Bayesian Equilibrium

Schlag, K. (Speaker)

24 Sept 2019

Activity: Talks and presentationsTalk or oral contributionScience to Science


Value of Information when Searching for a Secretary

Schlag, K. (Speaker)

27 Aug 2019

Activity: Talks and presentationsTalk or oral contributionScience to Science


How to Play Out of Equilibrium: Beating the Average

Schlag, K. (Speaker)

2 Sept 20185 Sept 2018

Activity: Talks and presentationsTalk or oral contributionScience to Science


How to Play Out of Equilibrium: Beating the Average

Schlag, K. (Speaker)

26 Aug 201830 Aug 2018

Activity: Talks and presentationsTalk or oral contributionScience to Science


How to Play Out of Equilibrium: Beating the Average

Schlag, K. (Speaker)

21 Jun 201824 Jun 2018

Activity: Talks and presentationsTalk or oral contributionScience to Science


Robust sequential search

Schlag, K. (Speaker)

1 Dec 2016

Activity: Talks and presentationsTalk or oral contributionOther


Robust sequential search

Schlag, K. (Speaker)

8 Nov 20169 Nov 2016

Activity: Talks and presentationsTalk or oral contributionOther


Robust sequential search

Schlag, K. (Speaker)

21 Aug 201626 Aug 2016

Activity: Talks and presentationsTalk or oral contributionOther


Robust sequential search

Schlag, K. (Speaker)

24 Jul 201628 Jul 2016

Activity: Talks and presentationsTalk or oral contributionOther


How to learn without Priors in repeated decisions: the role of past information

Schlag, K. (Speaker)

Jun 2016

Activity: Talks and presentationsTalk or oral contributionOther


Exact one-sided tests for semiparametric binary choice models

Schlag, K. (Invited speaker)

21 May 201325 May 2013

Activity: Talks and presentationsTalk or oral contributionOther


Exact Nonparametric Monotonicity Tests

Schlag, K. (Speaker)

6 Dec 2012

Activity: Talks and presentationsTalk or oral contributionOther


Commitments, Intentions, Truth and Nash Equilibria

Schlag, K. (Speaker)

14 Nov 2012

Activity: Talks and presentationsTalk or oral contributionOther


Commitments, Intentions, Truth and Nash Equilibria

Schlag, K. (Speaker)

27 Aug 2012

Activity: Talks and presentationsTalk or oral contributionOther


Commitments, Intentions, Truth and Nash Equilibria

Schlag, K. (Speaker)

22 Jul 2012

Activity: Talks and presentationsTalk or oral contributionOther


Commitments, Intentions, Truth and Nash Equilibria

Schlag, K. (Speaker)

15 Jul 2012

Activity: Talks and presentationsTalk or oral contributionOther


Commitments, Intentions, Truth and Nash Equilibria

Schlag, K. (Speaker)

10 May 2012

Activity: Talks and presentationsTalk or oral contributionOther


Overview of exact methods that do not need additional distributional assumptions

Schlag, K. (Speaker)

17 Apr 2012

Activity: Talks and presentationsTalk or oral contributionOther


Commitments, Intentions, Truth and Nash Equilibria

Schlag, K. (Speaker)

19 Mar 2012

Activity: Talks and presentationsTalk or oral contributionOther


Department of Economics

Oskar-Morgenstern-Platz 1
1090 Wien
Room: 05.641

T: +43-1-4277-37437

karl.schlag@univie.ac.at