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Posts by Collection
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publications
Determinants of Investor Expectations and Satisfaction: A Study with Financial Professionals
Published in Journal of Economic Dynamics and Control, 2020
We investigate determinants of price expectations and satisfaction levels of financial professionals and students.
Recommended citation: Schwaiger, R., Kirchler, M., Lindner, F., & Weitzel, U. (2020). Determinants of Investor Expectations and Satisfaction: A Study with Financial Professionals. Journal of Economic Dynamics and Control, 110, 103675.
Do MTurkers Exhibit Myopic Loss Aversion?
Published in Economics Letters, 2021
We present results from a highly powered online experiment with 937 participants on Amazon Mechanical Turk (MTurk) that examined whether MTurkers exhibit myopic loss aversion (MLA).
Recommended citation: Schwaiger, R., Hueber, L. (2021). Do MTurkers Exhibit Myopic Loss Aversion? Economics Letters, 209, 110137.
Mean Markets or Kind Commerce?
Published in Journal of Public Economics, 2022
Does market interaction influence morality? We study a particular angle of this classic question theoretically and experimentally.
Recommended citation: Dufwenberg, M., Johansson-Stenman, O., Kirchler, M., Lindner, F., Schwaiger, R. (2022). Mean Markets or Kind Commerce? Journal of Public Economics, 209, 104648.
Debiasing Through Experience Sampling: The Case of Myopic Loss Aversion
Published in Journal of Economic Behavior & Organization, 2022
We introduce a training intervention based on a novel tool to mitigate behavior consistent with myopic loss aversion (MLA).
Recommended citation: Hueber, L., Schwaiger, R. (2022). Debiasing through experience sampling: The case of myopic loss aversion. Journal of Economic Behavior & Organization, 198, 87-138.
Nudging Debtors to Pay Their Debt: Two Randomized Controlled Trials
Published in Journal of Economic Behavior & Organization, 2022
We conducted two large-scale, highly powered randomized controlled trials intended to encourage consumer debt repayments.
Recommended citation: Holzmeister, F., Huber, J., Kirchler, M., Schwaiger, R. (2022). Nudging debtors to pay their debt: Two randomized controlled trials. Journal of Economic Behavior & Organization, 198, 535-551.
Unequal Opportunities, Social Groups, and Redistribution: Evidence from Germany
Published in Journal of Behavioral and Experimental Economics, 2022
In this paper we investigate the generalizability of the role of unequal opportunities and social group membership in redistributive preferences and examine the interaction between these two dimensions.
Recommended citation: Schwaiger, R., Huber, J., Kirchler, M., Kleinlercher, D., Weitzel, U. (2022). Unequal opportunities, social groups, and redistribution: Evidence from Germany. Journal of Behavioral and Experimental Economics, 100, 101911.
Carbon Pricing, Carbon Dividends and Cooperation: Experimental Evidence
Published in Journal of Economic Behavior & Organization, 2024
We investigated whether carbon taxes with and without carbon dividends improve cooperative behavior to mitigate simulated climate change.
Recommended citation: Bachler, S., Flecke, S. L., Huber, J., Kirchler, M., Schwaiger, R. (2024). Carbon Pricing, Carbon Dividends and Cooperation: Experimental Evidence. Journal of Economic Behavior & Organization, 225, 37-50.
Nature Experiences and Pro-Environmental Behavior: Evidence from a Randomized Controlled Trial
Published in Journal of Environmental Psychology, 2024
Exposure to nature is positively associated with pro-environmental behavior, though causal evidence to date is limited. We conducted a randomized controlled trial with N=542 participants, to explore whether a one-time encounter with nature can lead individuals to behave more pro-environmentally.
Recommended citation: Flecke, S. L., Huber, J., Kirchler, M., Schwaiger, R. (2024). Nature Experiences and Pro-Environmental Behavior: Evidence from a Randomized Controlled Trial. Journal of Environmental Psychology, 99, 102383.
Examining the Replicability of Online Experiments Selected by a Decision Market
Published in Nature Human Behaviour, 2025
We implemented a decision market on 41 systematically selected MTurk social science experiments published in PNAS between 2015 and 2018. Social scientists traded on the outcome of direct replications, knowing that certain studies would be selected for replication based on market prices.
Recommended citation: Holzmeister, F., Johannesson, M., Camerer, C. F., Chen, Y., Ho, T-H., Hoogeveen, S., Huber, J., Imai, N., Imai, T., Jin, L., Kirchler, M., Ly, A., Mandl, B., Manfredi, D., Nave, G., Nosek, B. A., Pfeiffer, T., Sarafoglou, A., Schwaiger, R., Wagenmakers, E-J., Waldén, V., Dreber, A. (2025). Examining the Replicability of Online Experiments Selected by a Decision Market. Nature Human Behaviour, 9, 316-330.
Adaptive Behavioral Interventions: A Machine-Learning-Guided Optimization for Maximizing Policy Impact
Conceptualization, 2026
A work-in-progress project on adaptive intervention design and policy impact.
Recommended citation: Holzknecht, A., Nguyen Huu, A., & Schwaiger, R. (2026). Adaptive Behavioral Interventions: A Machine-Learning-Guided Optimization for Maximizing Policy Impact. Work in progress.
A Digital Version of the Digit Span Backwards (DSB) Task to Measure Cognitive Fatigue in the Lab
Under review at Journal of Behavioral and Experimental Finance, 2026
A working paper with Sarah L. Flecke introducing a digital Digit Span Backwards task for laboratory research.
Recommended citation: Schwaiger, R., & Flecke, S. L. (2026). A Digital Version of the Digit Span Backwards (DSB) Task to Measure Cognitive Fatigue in the Lab. Working paper.
Decision Flexibility, Not Information Feedback, Explains Myopic Loss Aversion
Under review at European Economic Review, 2026
A working paper with Stefan Zeisberger and Michael Strucks on the mechanism behind myopic loss aversion.
Recommended citation: Schwaiger, R., Zeisberger, S., & Strucks, M. (2026). Decision Flexibility, Not Information Feedback, Explains Myopic Loss Aversion. Working paper.
Choosing Green or Brown? A Comparative Experimental Study of Consumption Choices in Germany and Austria
Data analysis and manuscript preparation, 2026
A work-in-progress project comparing green and brown consumption choices in Germany and Austria.
Recommended citation: Düll, A., Flecke, S. L., & Schwaiger, R. (2026). Choosing Green or Brown? A Comparative Experimental Study of Consumption Choices in Germany and Austria. Work in progress.
Behavioral Interventions and Green Investments: A Megastudy
Study design and preregistration, 2026
A megastudy developing and comparing behavioral interventions designed to increase green investment.
Recommended citation: Duchene, S., Strucks, M., Nguyen Huu, A., Holzknecht, A., & Schwaiger, R. (2026). Behavioral Interventions and Green Investments: A Megastudy. Work in progress.
Mass Reproducibility in Psychological Science
Manuscript in preparation for an invited submission to Psychological Science, 2026
A large-scale collaborative project on reproducibility in psychological science.
Recommended citation: Brodeur, A., et al. (2026). Mass Reproducibility in Psychological Science. Work in progress.
What Determines First-Round Contributions in “The Private Solution Trap in Collective Action Problems across 34 Nations”?
Code development, 2026
A work-in-progress project connected to the private solution trap in collective action problems across 34 nations.
Recommended citation: Ertl, A., Flecke, S. L., Kiss, H. J., Malthouse, E., & Schwaiger, R. (2026). What Determines First-Round Contributions in "The Private Solution Trap in Collective Action Problems across 34 Nations"? Work in progress.
Can Researchers Extract Significant Results from Any Given Experiment? An Adversarial Investigation of Strategic Analyses
Preregistration and data collection, 2026
A work-in-progress project on analytical flexibility, strategic analyses, and research credibility.
Recommended citation: Baumeister, R., Clark, C., Kirchler, M., Schwaiger, R., Szászi, B., Tetlock, P., Tice, D., Vora, P., & Uhlmann, E. (2026). Can Researchers Extract Significant Results from Any Given Experiment? An Adversarial Investigation of Strategic Analyses. Work in progress.
Virtual Nature in Open-World Games Increases Psychological Restoration and Indirectly Promotes Environmental Behavior
Submitted to PNAS, 2026
A working paper examining how virtual nature in open-world games affects psychological restoration and indirectly promotes environmental behavior.
Recommended citation: Flecke, S. L., Greitemeyer, T., & Schwaiger, R. (2026). Virtual Nature in Open-World Games Increases Psychological Restoration and Indirectly Promotes Environmental Behavior. Working paper.
Visible Tax Dividends and Support for Carbon Pricing: Evidence from Austria
Submitted to PNAS, 2026
A working paper studying whether making tax dividends visible increases public support for carbon pricing in Austria.
Recommended citation: Benda, J., Blanco, E., Holzknecht, A., Huber, J., Kirchler, M., & Schwaiger, R. (2026). Visible Tax Dividends and Support for Carbon Pricing: Evidence from Austria. Working paper.
The Consequences of Narrow Framing for Risk-Taking: A Stress Test of Myopic Loss Aversion
Published in Management Science, 2026
Narrow bracketing in combination with loss aversion has been shown to reduce individual risk-taking. This is known as myopic loss aversion (MLA) and has been corroborated by many studies.
Recommended citation: Schwaiger, R., Strucks, M., Zeisberger, S. (2026). The Consequences of Narrow Framing for Risk-Taking: A Stress Test of Myopic Loss Aversion. Management Science, 72(2), 1324-1340.
The private solution trap in collective action problems across 34 nations
Published in Proceedings of the National Academy of Sciences, 2026
A large cross-national study of collective action problems examining how private adaptation options can undermine public-solution dynamics.
Recommended citation: Malthouse, E., Pilgrim, C., Sgroi, D., Accerenzi, M., Alfonso, A., Ashraf, R. U., Baard, M., Banerjee, S., Belianin, A., Bhattacharjee, S., Bhattacharya, M., Branas-Garza, P., Cardenas, J., Carriquiry, M., Choi, S., Clochard, G., Denzon, E. E., Dessoulavy-Sliwinski, B., Dini, G., Dong, L., Ertl, A., Exadaktylos, F., Filiz-Ozbay, E., Flecke, S. L., Galeotti, F., Garcia-Munoz, T., Hanaki, N., Hollard, G., Horn, D., Huang, L., Iris, D., Kiss, H. J., Koch, J., Kovarik, J., Kwarteng, O. K. B., Lange, A., Leites, M., Leung, T. H., Lim, W., Morren, M., Nockur, L., Okyere, C. Y., Oudah, M., Ozkes, A. I., Page, L., Park, J., Pfattheicher, S., Proestakis, A., Ramos, C., Ramos-Sosa, M., Sanjaya, M. R., Schwaiger, R., Sene, O., Song, F., Spycher, S., Stanek, R., Tanchingco, N., Tavoni, A., te Velde, V., Vazquez-De Francisco, M. J., Visser, M., Wang, J. T., Wang, W., Weng, W., Werner, K., Wijayanti, A., Winkler, R., Wooders, J., Ying, L., Zhen, W., & Hills, T. (2026). The private solution trap in collective action problems across 34 nations. Proceedings of the National Academy of Sciences, 123(12), e2504632123.
Fifty-five Crowd-Sourced Designs Assessing Carbon Pricing Support
Accepted for publication at Nature Human Behaviour, 2026
A crowd-sourced many-designs study evaluating 55 independently developed behavioral interventions with 19,558 participants. Joint first-authored and organized by a five-person core team.
Recommended citation: Holzknecht, A.*, Schwaiger, R.*, Blanco, E., Huber, J., Kirchler, M., et al. (2026). Fifty-five crowd-sourced designs assessing carbon pricing support. Nature Human Behaviour. Accepted for publication. *Joint first authors.
talks
PhD Seminar
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PhD Seminar
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Research presentation in the PhD seminar at the University of Innsbruck.
Experimental Finance Conference 2021
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Conference presentation at the Experimental Finance Conference 2021, hosted online by the University of Innsbruck.
PhD Thesis Defence
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Defence of the dissertation “Essays on Social Preferences and Cognitive Biases: An Experimental Approach.”
2022 Special ESA Meeting
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Experimental Finance Conference 2022
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Innsbruck Decision Sciences Workshop
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Workshop presentation at the Innsbruck Decision Sciences Workshop.
BAFIT Network Meeting 2023
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Presentation at the BAFIT Network Meeting at the University of Innsbruck.
SFB Workshop 2024
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Workshop presentation at the University of Innsbruck.
Symposium on Advancing Sustainability Research with Experimental Methods
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Presentation on experimental methods for sustainability research.
Research Seminar on Experimental Economics and Metascience
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Research seminar on experimental economics and metascience at Montpellier Business School.
Climate Action Workshop 2025
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Workshop presentation at the Climate Action Workshop 2025 in Innsbruck.
Climate Lecture Series 2025
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Talk in the Climate Lecture Series at the University of Innsbruck.
Experimental Finance Conference 2025
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Conference presentation at the Experimental Finance Conference 2025.
International Conference on Environmental Psychology
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Conference presentation at the International Conference on Environmental Psychology.
AWG Workshop Innsbruck 2025
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Discussant at the AWG Workshop Innsbruck 2025.
Visible Tax Dividends and Support for Carbon Pricing: Evidence from Austria
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Invited research seminar at the WZB Berlin Social Science Center on visible tax dividends and support for carbon pricing in Austria.
teaching
Investment and Financing
Undergraduate Course, University of Innsbruck, B.Sc. Management and Economics, 2018
This recurring undergraduate seminar covers core investment and financing decisions, including financial planning, capital budgeting, valuation, and financial analysis.
Supervision of Bachelor’s Theses
Undergraduate Supervision, University of Innsbruck, B.Sc. Management and Economics, 2018
I supervised bachelor theses on various topics within economics and finance, providing guidance on research methodologies, data analysis, and academic writing.
Bachelor’s Seminar
Undergraduate Seminar, University of Innsbruck, B.Sc. Management and Economics, 2021
This seminar course is designed for final-year undergraduate students to present and discuss their research projects. It provides a platform for students to receive feedback and improve their work before submission.
Core Module Corporate Finance
Graduate Course, Danube University Krems, MBA Program, 2021
This MBA core module covers advanced topics in corporate finance, including financial strategy, valuation, and corporate governance.
Corporate Decision-Making and Societal Responsibility
Undergraduate Seminar and Lecture, University of Innsbruck, B.Sc. Management and Economics, 2022
This course examines corporate decision-making in its economic and societal context. I taught the seminar from 2022 to 2025 and the accompanying lecture in winter 2024/25.
Supervision of Master’s Theses
Graduate Supervision, University of Innsbruck, M.Sc. Banking and Finance, 2024
Supervision of master’s theses in the areas of banking, finance, behavioral economics, and sustainability. Guidance is provided along every stage of the research project.
Supervision of Bachelor’s Theses
Undergraduate Supervision, Amsterdam Business School, B.Sc. Economics and Business Economics, 2024
Supervision of bachelor’s theses in the B.Sc. Economics and Business Economics program at Amsterdam Business School.
Portfolio College Expert
Professional Course, Hypo Tirol Bank, 2024
This recurring professional seminar focuses on advanced portfolio management strategies, investment analysis, and risk management. It is designed for professionals seeking to enhance their expertise in financial markets and portfolio management.
Ethical Reflections and Sustainability (Lecture and Seminar)
Graduate Course, University of Innsbruck, M.Sc. Banking and Finance, 2025
This lecture and seminar sequence explores ethical frameworks, sustainability principles, and their implications for financial markets and corporate decision-making. Students develop an understanding of responsible management and the societal impacts of financial activity.
International Finance
Graduate Course, University for Continuing Education Krems, MBA Program, 2025
This MBA lecture introduces participants to core concepts in international financial markets, exchange rate dynamics, and cross-border investment decisions. It provides an analytical understanding of global financial integration and its implications for corporate decision-making.