Publications

Decision weights for experimental asset prices based on visual salience
(with D. Bose, C. Camerer, H. Cordes and S. Nolte)
To appear in: Review of Financial Studies
The information content of ITM-Options for risk-neutral skewness and informed trading
(with H. Mohrschladt)
To appear in: Journal of Economic Dynamics and Control
Idiosyncratic volatility, option-based measures of informed trading, and investor attention
(with H. Mohrschladt)
Review of Derivatives Research, 24(3), 197-220, 2021
A toolkit for robust risk assessment using F-divergences
(with T. Kruse and N. Schweizer)
Management Science, 67(10), 6529-6552, 2021
The joint impact of F-divergences and reference models on the contents of uncertainty sets
(with T. Kruse and N. Schweizer)
Operations Research, 67(2), 428-435, 2019
How price path characteristics shape investment behavior
(with S. Nolte)
Journal of Economic Behavior and Organization, 154, 33-59, 2018
Don’t lapse into temptation: A behavioral explanation for policy surrender
(with S. Nolte)
Journal of Banking and Finance, 79, 12-27, 2017
Minimum return guarantees, investment caps, and investment flexibility
(with A. Mahayni)
Review of Derivatives Research, 19, 85-111, 2016
Robust Measurement of Heavy-Tailed Risks: Theory and Implementation
(with N. Schweizer)
Journal of Economic Dynamics and Control, 61, 183-203, 2015
Cross-Hedging Minimum Return Guarantees: Basis and Liquidity Risks
(with S. Ankirchner and N. Schweizer)
Journal of Economic Dynamics and Control, 41, 93-109, 2014
Variable annuities and the option to seek risk: Why should you diversify?
(with A. Mahayni)
Journal of Banking and Finance, 36, 2417-2428, 2012
Pricing and upper price bounds of relax certificates
(with N. Branger and A. Mahayni)
Review of Managerial Science, 5, 309-336, 2011
On the Optimal Design of Insurance Contracts with Guarantees
(with N. Branger and A. Mahayni)
Insurance: Mathematics and Economics, 4, 485-492, 2010

Working Papers

Positivity and Nature: How Images Increase Investment
(with K. van Boxel, P. Decke, S. Nolte)
Working Paper, 2021
Dynamics of stock market developments, financial behavior, and emotions
(with H. Cordes and S. Nolte)
Working Paper, 2021
Intrinsic Preferences for Skewed Information Revelation: Experimental Evidence on Information Structures and Compound Lotteries
(with E. Diecidue, T. Langer and S. Nolte)
Working Paper, 2021
The visual shape score: On its predictability in the lab, the aggregated stock market, and the cross-section of stock returns
(with H. Cordes, H. Mohrschladt and S. Nolte)
Working Paper, 2021