Steve Heinke
@S_HeinkeEconomic & Financial Decisions ¦ Cognitive Science¦ Senior Researcher @unifr ¦ former @UniBasel, @econ_uzh, @LMU_Muenchen, @philosophyecon1
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Learning from experiences is a core cognitive mechanism that impacts decision-making. In a lab experiment @Seb_Olschewski and @JoergRieskamp observe that personal experiences influence investment behavior, even when they shouldn't. #Finance #BehavioralEconomics #econtwitter
We are happy to release the first results of a RCT of a US program that provided $1,000/month unconditionally for 3 years to 1,000 individuals in the treatment group, with a group of 2,000 people receiving $50/month serving as the control. These are sizable transfers. 1/ 🧵
Come work with us! For behavioral econ folks, note that we will be reviewing applications earlier due to the interdisciplinary nature of the search.
The Behavioral Science group at @Chicagobooth is hiring!! apply.interfolio.com/145321
Forthcoming in JBEF: “Experiences, demand for risky investments, and implications for price dynamics“ by S. Heinke, S. Olschewski, and J. Rieskamp. doi.org/10.1016/j.jbef…
We’re looking for a microeconomist (D/F) to help shape Switzerland’s competition policy. You will be in charge of developing rules for state-owned enterprises and contribute to the development of antitrust law and the establishment of a state aid regime. jobs.admin.ch/offene-stellen…
I made this new chart showing that more and more countries decoupled economic growth from CO₂ emissions. (Source: ourworldindata.org/co2-and-greenh…)
We are proud to announce that JBEF now accepts submissions of registered reports! This innovative format emphasizes the integrity and reliability of empirical research by focusing on the methods and proposed analyses before the results are known. More at sciencedirect.com/journal/journa….
The frequency of wins influences skewness preferences in decisions with feedback pnas.org/doi/epdf/10.10… by @Seb_Olschewski , @Mikhail_Spektor and @gael_lemens
We reconcile this puzzle by examining the effect of frequent winners on experience-based choice. Statistically, left-skewed reward distributions have the higher value in most direct comparisons of reward samples against a right-skewed distribution (see figure). (3/7)
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