Joachim Voth
jvoth.bsky.social
Joachim Voth
@jvoth.bsky.social
economic historian; sometimes dabbling in AI+SocSci; mostly on X; www.jvoth.com
death was everywhere for these guys... 80% plus died. BUT during the medal window and during the intro of new medals, death rates did not go up.
January 28, 2026 at 4:22 PM
didn't have much of an effect. In other environments, we find that trying harder raised death rates... but the medal hunt comes with no obvious death penalty.
January 25, 2026 at 10:23 PM
small morsel that shows that status concerns were a key driver: not everyone played the game. Pilots who already possessed alternative sources of high status—aristocrats, senior officers, or those with pre-war distinctions—were significantly less responsive to medal incentives...
January 25, 2026 at 10:00 PM
pilots. Over time, as the war dragged on, the awards diffused to lower-ranked (though still elite) pilots. This created a need for new 'carrots'. Incentives mattered because the business was inherently risky; more than 80% of pilots in our sample died.
January 25, 2026 at 10:00 PM
We argue this follows the logic of fashion cycles (Pesendorfer 1995). Status goods are signals. Their value depends on the exclusivity of the group that possesses them. Our data show a clear "cheapening" effect: the earliest recipients of the Knight’s Cross were the most skilled
January 25, 2026 at 10:00 PM
engineered a "rat race" that extracted significant additional effort from its best pilots. When pilots got close to the informal quota, their effort spiked; once they had the award, it slumped. New medals spelled more renewed efforts.
January 25, 2026 at 10:00 PM
the High Command introduced successively more exclusive variants: first adding "Oak Leaves," then "Swords," then "Diamonds," and finally "Golden Oak Leaves." The data demonstrate that the Luftwaffe successfully
January 25, 2026 at 10:00 PM
The Luftwaffe ran a sophisticated system of awards. To qualify for higher ones, u had to have the first medal. As the war progressed and the initial medal became too common" among elites,
January 25, 2026 at 10:00 PM
Of course, they served an evil regime. Can we learn from what motivated them regardless? In "Never Enough: Dynamic Status Incentives in Organizations" we examine data from more than 5,000 fighter pilots. t.co/pA5ll2BOMG
https://tinyurl.com/47npwc8d
t.co
January 25, 2026 at 10:00 PM
But can go the other way as with higher albedo from vapor trails.
June 9, 2025 at 9:33 PM
Sure but that is rounding error stuff
June 9, 2025 at 9:32 PM
Well. If electric its covered. If diesel its not. We can sign the likeky effect.
June 9, 2025 at 9:31 PM
Fresco fresco no es…
June 7, 2025 at 7:44 PM
reminds me of the immortal essay by Stanley Fish "The Unbearable Ugliness of Volvos"...
June 7, 2025 at 6:56 PM
they say "we win"
June 7, 2025 at 6:50 PM
declares that their 800+km train ride did something good for the environment? Is is ignorance, or a latent desire to suffer for the sins of having what you want? Color me confused....
June 7, 2025 at 6:31 PM
diesel trains are exempt from ETS 1 like all other transport like cars + trucks). Economists! I understand that some people don't get it. Cap+trade is not complicated, but maybe a bit more abstract... but why do I now regularly get to conferences where some slightly wrinkled colleague proudly
June 7, 2025 at 6:31 PM