CESifo Research Network Fellow

Lars Hornuf

TU Dresden
Chair of Business Administration esp. Finance
Helmholtzstr. 10, 01069, Dresen, Germany

Affiliated Research Network Area

Economics of Digitization

Fields of Interest

  • Entrepreneurship
  • Financial Economics

CESifo Working Papers

Cybercrime on the Ethereum Blockchain

Lars Hornuf, Paul P. Momtaz, Rachel J. Nam, Ye Yuan
CESifo, Munich, 2023
CESifo Working Paper No. 10598

Using GPT-4 for Financial Advice

Christian Fieberg, Lars Hornuf, David J. Streich
CESifo, Munich, 2023
CESifo Working Paper No. 10529

The Financial and Non-Financial Performance of Token-Based Crowdfunding: Certification Arbitrage, Investor Choice, and the Optimal Timing of ICOs

Niclas Dombrowski, Wolfgang Drobetz, Lars Hornuf, Paul P. Momtaz
CESifo, Munich, 2023
CESifo Working Paper No. 10393

Similarity and Consistency in Algorithm-Guided Exploration

Yongping Bao, Ludwig Danwitz, Fabian Dvorak, Sebastian Fehrler, Lars Hornuf, Hsuan Yu Lin, Bettina von Helversen
CESifo, Munich, 2022
CESifo Working Paper No. 10188

The Performance of Socially Responsible Investments: A Meta-Analysis

Lars Hornuf, Gül Yüksel
CESifo, Munich, 2022
CESifo Working Paper No. 9724

Hourly Wages in Crowdworking: A Meta-Analysis

Lars Hornuf, Daniel Vrankar
CESifo, Munich, 2022
CESifo Working Paper No. 9540

Lock-In Effects in Online Labor Markets

Fabrizio Ciotti, Lars Hornuf, Eliza Stenzhorn
CESifo, Munich, 2021
CESifo Working Paper No. 9379

Promise not Fulfilled: FinTech Data Privacy, and the GDPR

Gregor Dorfleitner, Lars Hornuf, Julia Kreppmeier
CESifo, Munich, 2021
CESifo Working Paper No. 9359

Disclosure Deregulation of Quarterly Reporting

Vanessa Behrmann, Lars Hornuf, Jochen Zimmermann
CESifo, Munich, 2021
CESifo Working Paper No. 9344

Why Do Retail Investors Pick Green Investments? A Lab-in-the-Field Experiment with Crowdfunders

Christoph Siemroth, Lars Hornuf
CESifo, Munich, 2021
CESifo Working Paper No. 9197

The Impact of Fintech Startups on Financial Institutions' Performance and Default Risk

Christian Haddad, Lars Hornuf
CESifo, Munich, 2021
CESifo Working Paper No. 9050

Are Characteristics Covariances? A Comment on Instrumented Principal Component Analysis

Christian Fieberg, Lars Hornuf, Gerrit Liedtke, Thorsten Poddig
CESifo, Munich, 2020
CESifo Working Paper No. 8377

Protecting Investors in Equity Crowdfunding: An Empirical Analysis of the Small Investor Protection Act

Maximilian Goethner, Lars Hornuf, Tobias Regner
CESifo, Munich, 2020
CESifo Working Paper No. 8351

Are Sustainability-Oriented Investors Different? Evidence from Equity Crowdfunding

Lars Hornuf, Eliza Stenzhorn, Tim Vintis
CESifo, Munich, 2020
CESifo Working Paper No. 8339

Does a Local Bias Exist in Equity Crowdfunding?

Lars Hornuf, Matthias Schmitt, Eliza Stenzhorn
CESifo, Munich, 2020
CESifo Working Paper No. 8154

Marketplace Lending of SMEs

Douglas J. Cumming, Lars Hornuf
CESifo, Munich, 2020
CESifo Working Paper No. 8100

Initial Coin Offerings, Information Disclosure, and Fraud

Lars Hornuf, Theresa Kück, Armin Schwienbacher
CESifo, Munich, 2019
CESifo Working Paper No. 7962

Are Equity Crowdfunding Investors Active Investors?

Lars Hornuf, Tobias Schilling, Armin Schwienbacher
CESifo, Munich, 2019
CESifo Working Paper No. 7884

Do Judges Hate Speculators?

Lars Hornuf, Lars Klöhn
CESifo, Munich, 2018
CESifo Working Paper No. 7375

The Adaptive Liar: An Interactionist Approach of Multiple Dishonesty Domains

Ximena Garcia-Rada, Heather E. Mann, Lars Hornuf, Matthias Sohn, Juan Tafurt, Edwin S. Iversen Jr, Dan Ariely
CESifo, Munich, 2018
CESifo Working Paper No. 7215

How Do Banks Interact with Fintech Startups?

Lars Hornuf, Milan F. Klus, Todor S. Lohwasser, Armin Schwienbacher
CESifo, Munich, 2018
CESifo Working Paper No. 7170

How Community Managers Affect Online Idea Crowdsourcing Activities

Lars Hornuf, Sabrina Jeworrek
CESifo, Munich, 2018
CESifo Working Paper No. 7153

Paralyzed by Shock: The Portfolio Formation Behavior of Peer-to-Business Lending Investors

Gregor Dorfleitner, Lars Hornuf, Martina Weber
CESifo, Munich, 2018
CESifo Working Paper No. 7092

Equity Crowdfunding in Germany and the UK: Follow-up Funding and Firm Failure

Lars Hornuf, Matthias Schmitt, Eliza Stenzhorn
CESifo, Munich, 2017
CESifo Working Paper No. 6642

Can Television Reduce Xenophobia? The Case of East Germany

Lars Hornuf, Marc Oliver Rieger, Sven A. Hartmann
CESifo, Munich, 2017
CESifo Working Paper No. 6632