Improving investment decisions and financial well-being
Why do individuals, even financial professionals, often make sub-optimal decisions? And what can we do about it?
Many answers can be found in psychology. Therefore, my research focuses on behavioral finance, understanding investor psychology and supporting individuals and organizations to make better decisions. My work has been published in academic top journals and in national and international media outlets.
Professor of Financial Economics, Radboud University, Nijmegen, The Netherlands
Associate Professor for Fintech - Experimental Finance, University of Zurich, Switzerland
Speaker on various behavioral finance topics
Consultant at BhFS Behavioural Finance Solutions (Zurich)
Lecturer for executive education (e.g. Zurich, Amsterdam)
Member of the Swiss FinTech Innovation Lab
Research Fellow Netspar
Featured Research
Key finding: Investors perceive risk not so much as volatility but more as the probability to lose
Why Do People (Not) Invest? The Role of Return and Risk Expectations
Key finding: The reason why so many people do not invest in stock markets is driven to a large extent by wrong beliefs about the risks, not only by risk aversion.
Arbitrage in the Market for Cryptocurrencies
published in Journal of Financial Markets
Key finding: Arbitrage opportunities in markets for cryptocurrencies have disappeared since 2017.
Do Investors Care About Impact?
published in RFS (Lead Article)
Key finding: Investors have a willingness to pay for impact, but this willingness is independent of the level of impact. Fpr them, saving 1 tree is as good as saving 10 trees.
News
2024-10-208: New publication: The Consequences of Narrow Framing for Risk-Taking: A Stress Test of Myopic Loss Aversion, Management Science, with R. Schwaiger and M. Strucks
2024-07-20: New publication: Domain-dependent diversification: The influence of gain-loss domain and information aggregation on correlation choice
JEBO with C. Borsboom, D. Duxbury and A. Nieber2024-06-01: 80,000€ grant from APG received together with Jorgo Goossens
2024-02-16: New working paper: The Consequences of Narrow Framing for Risk-Taking: A Stress Test of Myopic Loss Aversion with M. Strucks and R. Schwaiger
2023-12-11: New publication: The Influence of Upward Social Comparison on Retail Trading Behavior, Scientific Reports (Nature)
2023-11-30: I am now a Netspar Fellow.
2023-11-15: Received the Netspar Theme Grant with €350,000 together with Jorgo Goossens and international co-applicants Julian Kölbel and Katja Hanewald.
2023-09-11: I have become the Head of the Department of Economics and Business Economics ad interim at the Nijmegen School of Management.
2023-06-19: New publication: Nomen est omen: How and when the fluency of company names affects return expectations
PLOS One with A. Fenneman, D.-J. Janssen, S. Nolte2023-05-30: My crowd-authored paper Competition and moral behavior: A meta-analysis of 45 crowd-sourced experimental designs appeared in the PNAS.
2023-05-03: Our article Do investors care about impact? was selected as Lead article in the RFS for May 2023.
2023-05-02: New publication in JEBO: A Culture of Greed: Bubble Formation in Experimental Asset Markets with Greedy and Non-Greedy Traders
See my interview in the Dutch Business Insider on about typical investment mistakes
2023-02-14: My crowd-authored paper Non-Standard Errors is conditionally accepted at the Journal of Finance.
Media coverage
Collaboration partners
