3

Measuring Utility – An Application to Higher Order Risk
We present the first experimental method to non-parametrically elicit utility functions and associated measures of (higher order) risk …
Sebastian O. Schneider, Marcela Ibanez, Gerhard Riener
PDF
Income Risk, Precautionary Saving, and Loss Aversion – An Empirical Test
Loss aversion is typically associated with poor financial decisions. In contrast, loss-aversion based precautionary saving theories …
Marcela Ibanez, Sebastian O. Schneider
PDF
Addressing Validity and Generalizability Concerns in Field Experiments
In the context of a real-world recruitment experiment with 3,305 public schools, we systematically analyze the empirical importance of …
Gerhard Riener, Sebastian O. Schneider, Valentin Wagner
PDF
How do defaults affect information acquisition and processing?
We investigate whether default nudges affect the willingness of decision-makers to acquire and process information about the choice …
Katharina Momsen, Sebastian O. Schneider
PDF Media Coverage in Harvard Business Manager (German)
Rerandomization to Improve Covariate Balance by Minimizing the MSE of a Treatment Effect Estimator
We present a new approach to treatment assignment in (field) experiments for the case of one or multiple treatment groups. This …
Sebastian O. Schneider, Martin Schlather
PDF