Experimental economists have a long tradition of running experiments with monetary incentives, with a number of underlying assumptions and methodological concerns that have yet to be tested and answered. One of these questions is if participants in those experiments care about efficiency. Or more precisely, do participants exhibit efficiency preferences (Engelmann & Strobel, 2004)? One[…]
Sandro Casal, Matteo Ploner and I investigated the conflict of interests between investors and fund managers which often arises in asset management. A main goal of financial regulators is to identify and mitigate this conflict. We therefore focused on measures that may foster protection of investors’ interests. In an experiment capturing the essential elements of[…]
Behavioral Evidence In an aging society, the extent to which aging affects financial decision making becomes increasingly important to understand. We (Carsten Diener, Chrsitian Fiebach, Christiane Schwieren, Gil Sharvit and I) investigated decision making under uncertainty and how it is affected by age in two separate studies. Uncertain decisions are defined as choices with some[…]
Background [This experiment has been published in the Journal of the Economics of Ageing. Our working paper and an earlier discussion paper.] The “aging employee” has recently become a hot topic in many fields of behavioural research. With the aim to determine the effects of different incentive schemes (piece rate, competition, choice between piece rate[…]
A Selective Literature Overview With a growing part of the population getting older, the potential demands of older adults put increasing strain on already-limited resources. It is therefore of crucial importance to understand the effects of aging on the maintenance of independence, with the target to facilitate and improve independent functioning. In this regard, decision[…]
Sproten, A.N., Schwieren, C. (forthcoming), “Age Differences in the Reaction to Incentives – a Test of the Successful Ageing Extension of Social Production Functions Theory“, The Journal of the Economics of Ageing. Doctoral thesis “Developmental neuroeconomics: lifespan changes in economic decision making“. 2014 (October): “Fostering the Best Execution Regime: An Experiment about Pecuniary Sanctions and[…]
I started teaching during my doctorate, when I developed the exercise of Prof. C. Schwieren’s Neuroeconomics class. Since taking up the position of assistant professor in Nuremberg, I have taught various classes. Most notably, on a regular basis, I lecture the course “Topics in Microeconomics” (Bachelor) on information asymmetries in markets, teach the advanced seminar[…]
I am a behavioural scientist and I am used to applying methods from various fields (such as economics, psychology, endocrinology, or neuroscience) to the corresponding research questions. My research clusters around three central pillars, viz. ageing, social norm compliance, and new media.