Homepage of Sebastian Ebert
Professor of Economics
University of Heidelberg, Chair of Economic Theory I
Bergheimer Str. 58, 69115 Heidelberg, Germany
Phone: +49 6221 54 3119
Assistant (Ulrike Arnold): +49 6221 54 2994
Email: first name dot last name at awi.uni-heidelberg.de
Website: Profile at University of Heidelberg
I have positions available, please see [here]!
Microeconomics; Behavioral Economics, Finance, and Insurance; Decision Making under Uncertainty; Skewness Preferences
Recent and upcoming presenstations:
University of Bonn Finance Seminar (November 23, 2022), iRisk Workshop on Decision-Making under Risk and Uncertainty (Lille, July 7&8, 2022), Behavioral Measurement Conference (Frankfurt, June 23&24, 2022), VFTS (December 8, 2021), University of Cambridge (November 11, 2021)
Published and Accepted Papers
Ebert, S. (2021): Prudent Discounting: Experimental Evidence on Higher-Order Time Risk Preferences. International Economic Review, 62(4), 1489–1511. [Link to SSRN]
Ebert, S., Wei, W. & X.Y. Zhou (2020): Weighted discounting—On group diversity, time-inconsistency, and consequences for investment, Journal of Economic Theory, 189, Article 105089. [Link to journal website] [Link to SSRN]
Ebert, S. (2020): Decision Making When Things Are Only a Matter of Time, Operations Research, 68(5), 1564–1575. [Link to journal website] [Link to SSRN] [A discussion by Georg Weizsäcker with applications to the Corona crisis.]
Ebert, S. and C. Hilpert (2019): Skewness Preference and the Popularity of Technical Analysis, Journal of Banking and Finance. 109, Article 105675. [Link to SSRN]
Baele, L., Driessen, J., Ebert, S., Londono, J.-M. & O. Spalt (2019): Cumulative Prospect Theory, Option Returns, and the Variance Premium [Link to SSRN], Review of Financial Studies, 32(9), 3667–3723.
Ebert, S. (2015): On Skewed Risks in Economic Models and Experiments. Journal of Economic Behavior and Organization, 112(4), 85–97.
Ebert, S. & P. Strack (2015): Until the Bitter End: On Prospect Theory in a Dynamic Context. American Economic Review, 105(4), 1618–1633. [Web Appendix]
Ebert, S. & D. Wiesen (2014). Joint Measurement of Risk Aversion, Prudence, and Temperance. Journal of Risk and Uncertainty, 48(3), 231–252. [Web Appendix]
Ebert, S. (2013). Even (mixed) Risk Lovers are Prudent: Comment. American Economic Review, 103(4), 1536–1537.
Ebert, S. (2013). Moment Characterization of Higher-Order Risk Preferences. Theory and Decision, 74(2), 267–284.
Ebert, S. & E. Lütkebohmert (2012). An Asset Drop Model as an Alternative to the Treatment of Double Default Effects within the Basel Framework. Journal of Credit Risk, 8(3), 41–63.
Ebert, S. & D. Wiesen (2011). Testing for Prudence and Skewness Seeking. Management Science, 57(7), 1334–1349. [Web Appendix]
Ebert, S. & E. Lütkebohmert (2011). Treatment of Double Default Effects within the Granularity Adjustment for Basel II. Journal of Credit Risk, 7(1), 3–33.
Google Scholar Profile: [Link]
Driessen, J., Ebert, S. & J. Koeter (2021): Π-CAPM: An Asset Pricing Model with Probability Weighting [Link to SSRN]
Dertwinkel-Kalt, M., Ebert, S. & M. Köster (2021): A Note on Correlated Lotteries in Economic Applications [Link to SSRN]
Ebert, S. (2020): On Taking a Skewed Risk More Than Once [Link to SSRN]
Ebert, S. & P. Karehnke (2019): Skewness Preferences in Choice under Risk [Link to SSRN] The online appendix that contains the complete characterizations of skewness preferences in leading theories of choice under risk (including propect theory) and many other additional results is available [here.]
Ebert, S. & G. van de Kuilen (2016): Measuring Multivariate Risk Preferences [Link to SSRN]
Ebert, S. & P. Strack (2016): Never, Ever Getting Started: On Prospect Theory without Commitment [Link to SSRN]
- 2018: ERC Starting Grant (EUR 917.500)
- 2014: NWO-Veni (EUR 250.000)
- 2013: Unicredit/ Modigliani Research Grant (EUR 20.000)
Editor (2019 – ) for the Journal of Risk and Insurance
Associate editor (2017 – ) for the Geneva Risk and Insurance Review
Teaching Activities & Evaluations [Link]
My doctoral thesis
Treatment of Double Default Effects within the Basel Regulatory Framework and a Theoretical and an Experimental Investigation of Higher-Order Risk Preferences [Link]