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

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

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

One size fits all? The interplay of incentives, effort provision, and personality

Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this heterogeneity by …

Zvonimir Bašić, Stefania Bortolotti, Daniel Salicath, Stefan Schmidt, Sebastian O. Schneider, Matthias Sutter

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

Information provision over the phone saves lives

Lack of information about COVID-19 and its spread may have contributed to excess mortality at the pandemic’s onset. In April and May …

Shyamal Chowdhury, Hannah Schildberg-Hörisch, Sebastian O. Schneider, Matthias Sutter

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