Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

 
 
Session Overview
Date: Monday, 19/June/2023
3:30pm - 4:00pmRegistration + Welcome Snacks and Coffee
4:00pm - 4:15pmWelcome remarks
Location: Room 1 - Sofia (second floor)
4:15pm - 5:45pmPlenary 1
Location: Room 1 - Sofia (second floor)
 

Information Aggregation in Contingent Claim Markets with Heterogeneous Values

Cary Deck, Taein Jun, Laura Razzolini, Tavoy Reid



Competition and moral behavior: A meta-analysis of 45 crowd-sourced experimental designs

Juergen Huber, Christoph Huber, Felix Holzmeister, Michael Kirchler, and many more



Trade, Voting, and ESG Policies: Theory and Evidence

John Duffy, Dan Friedman, Jean Paul Rabanal, Olga Rud



Robbing Peter to Pay Paul? Prosociality, incentives and agency costs

Wiebke Szymczak

 
6:00pm - 7:15pmKeynote 1
Location: Room 1 - Sofia (second floor)
Session Chair: Elena Asparouhova
 

History-dependent risk attitudes and economic disadvantage

Agnieszka Tymula

 
7:15pmReception
Date: Tuesday, 20/June/2023
9:00am - 10:20am1A: Asset Markets 1
Location: Room 1 - Sofia (second floor)
 

Information in Asset Market Experiment with Algorithmic Trading

Enrica Carbone, Tibor Neugebauer, Abgelo Ventrone



Cross-Impact and Price Bubbles: A Two-Asset Lab-Experiment

Philipp Chapkovski, Francesco Cordoni, Caterina Giannetti, Fabrizio Lillo



Robustness of Double Auction Market Outcomes to Noisy Implementation of Rules

Karim Jamal, Shyam Sunder, Hwee Cheng Tan



Does Structured Communication Matter in Experimental Asset Markets?

Yaron Lahav, Tibor Neugebauer

 
9:00am - 10:20am1B: Memory & Attention
Location: Room 2 - Serdica (first floor)
 

Taking a walk down memory lane: Does it influence investment choices?

Giovanni Burro, Alessandro Castagnetti, Alessandra Cillo, Paolo Giovanni Crespi



How much do rankings affect attention? Evidence from an at-scale natural field experiment on the Finnish stock market

Zwetelina Iliewa, Vesa Puttonen, Michael Ungeheuer



Impression management with affective photographs: Evidence from eye-tracking

Andreas Hellmann, Simone Domenico Scagnelli, Lawrence Ang



Golden Eye --- How Traders Focus on and Select Information

Matthias Herrmann-Romero, Simon Liegl, Martin Angerer, Thomas Stoeckl

 
10:20am - 11:00amCoffee
11:00am - 12:00pm2A: Retirement planning
Location: Room 1 - Sofia (second floor)
 

Longevity Pessimism, Misinformation, and Pension Choice

Andre Lot



The Impact of Information Architecture on Retirement Savings Decumulation

Rochelle Nian, Ben R. Newell, Hazel Bateman, Isabella Dobrescu, Susan Thorp



Can Estimated Risk and Time Preferences Explain Real-life Financial Choices?

Jorgo T.G. Goossens, Marike Knoef, Eduard H.M. Ponds

 
11:00am - 12:00pm2B: Beliefs
Location: Room 2 - Serdica (first floor)
 

How Gains and Losses Shape Investors' Expectations

Pascal Kieren



Identifying Successful Trades: How Consistent Do Investors Act on Their Beliefs?

Daniel Grosshans, Langnickel Ferdinand, Stefan Zeisberger



Motives for Delegation in Financial Decision Making

Mikhail Freer, Dan Friedman, Simon Weidenholzer

 
12:00pm - 1:30pmLunch
1:30pm - 2:30pm3A: Risk & Uncertainty 1
Location: Room 1 - Sofia (second floor)
 

Repeated Risk-Taking: Experimental Evidence

Sebastian Ebert, Maximilian Voigt



Individual attitudes and market dynamics towards imprecision

Christoph Huber, Julia Elisabeth Rose



Lost in the Fog of Myopic Loss Aversion: A Systematic and High-Powered Study on its Robustness to More Realistic Investment Settings

Rene Schwaiger, Markus Strucks, Stefan Zeisberger

 
1:30pm - 2:30pm3B: ESG
Location: Room 2 - Serdica (first floor)
 

Sustainability, Prices and Emotions

Mareike Worch, Mennatallah Balbaa



Market volatility and investor behavior towards green, brown, and neutral assets

Sara Mustafazade, Sebastien Duchene, Dimitri Dubois, Eric Guerci



Prosocial preference, social image motivation, and asset markets

Dragana, Milutin, Draganac, Kelin Lu

 
2:45pm - 3:30pm4A: AI / ML
Location: Room 1 - Sofia (second floor)
 

Artificial Intelligence and Information Production in Selection Markets: Experimental Evidence from Insurance Intermediation

Xing Liu



Statistical efficiency in human and machine reinforcement learning

Shijei Huang, Nitin Yadav, Shinsuke Suzuki, Peter Bossaerts

 
2:45pm - 3:30pm4B: Financial Literacy
Location: Room 2 - Serdica (first floor)
 

The Value of Financial Knowledge

Irina Gemmo, Pierre-Carl Michaud, Olivia Mitchell



Experimenting the Construction of Behavioral Portfolios in a Classroom

Tarek Eldomiaty, Menna Gamal

 
3:30pm - 4:00pmCoffee
4:00pm - 5:15pmVernon Smith Award
Location: Room 1 - Sofia (second floor)
5:30pm - 6:15pmSEF General Assembly
Location: Room 1 - Sofia (second floor)
7:30pmConference Dinner at Cosmos Restaurant
Location: Cosmos Restaurant
Lavele St 19, 1000 Sofia Center, Sofia
10 min walk from Sofia Grand Hotel.
Date: Wednesday, 21/June/2023
9:00am - 10:20am5A: Decision-Making for Others
Location: Room 1 - Sofia (second floor)
 

Outcome bias and risk taking in a principal-agent setting

Moritz Loewenfeld



Investor Confidence in Delegated Decisions

Katrin Goedker, Marten Laudi



Financial responsibility for a few or many

Sascha Füllbrunn, Wolfgang Luhan



On the benefits of robo advice in financial markets

Marco Lambrecht, Jörg Oechssler, Simon Weidenholzer

 
9:00am - 10:20am5B: Inflation
Location: Room 2 - Serdica (first floor)
 

The Effect of Framing on the Emergence of Bubbles and Crashes in a Learning to Forecast Experiment

Nobuyuki Hanaki, Cars Hommes, David Kopanyi, Anita Kopanyi-Peuker, Jan Tuinstra



The pass-through from inflation perceptions to inflation expectations

Daria Minina, Stefanie Huber, Tobias Schmidt



An experiment of a dynamic beauty contest game

Nobuyuki Hanaki, Yuta Takahashi



Households’ probabilistic inflation expectations in high-inflation regimes

Christoph Karl Becker, Peter Duersch, Thomas Eife, Alexander Glas

 
10:20am - 11:00amCoffee
11:00am - 12:00pm6A: Socially Responsible Investments
Location: Room 1 - Sofia (second floor)
 

Norms Make Investors Socially Responsible

Mennatallah Balbaa, Bin Dong, Peiran Jiao, Alexander Vostroknutov, Mareike Worch



Taxonomy in Action: Sustainable Finance Regulation and Investor Preferences

Henning Cordes, Philipp Decke, Judith Christiane Schneider

 
11:00am - 12:00pm6B: Miscellaneous
Location: Room 2 - Serdica (first floor)
 

Supernormal stimuli and the peak-shift effect - financial applications to the stock market and frauds

Filip-Mihai Toma



Microequity and Mutuality: Experimental Evidence on Credit with Performance-Contingent Repayment

Muhammad Meki, Francesco Cordaro, Marcel Fafchamps, Colin Mayer, Simon Quinn, Kate Roll



Overconfidence and the Political and Financial Behavior of a Representative Sample

Ciril Bosch rosa, Kassner Bernhard, Ahrens Steffen

 
12:00pm - 1:30pmLunch
1:30pm - 2:30pm7A: Risk & Uncertainty 2
Location: Room 1 - Sofia (second floor)
 

Numerosity, tangibility, and experimental currency units

Paul-Emile Mangin, Sascha Füllbrunn, Wolfgang Luhan



Higher Order Risk Attitudes and Volatility Shocks. An Experiment

Wael Bousselmi, Yukihiko Funaki



Investor Risk Preferences and Stock Choices: Evidence from a Lab-in-the-Field Experiment

Ariel Gu, Hong Il Yoo

 
1:30pm - 2:30pm7B: Asset Markets 2
Location: Room 2 - Serdica (first floor)
 

Does mining fuel bubbles? An experimental study on cryptocurrency markets

Marco Lambrecht, Andis Sofianos, Yilong Xu



The role of dividends in the emergence of bubbles in financial markets: experimental evidence

Annarita Colasante, Simone Alfarano, Eva Camacho Cuena, Alba Ruiz Buforn



Mining Centralization in Cryptocurrency Markets: A Laboratory Experiment

Alexander Usvitskiy, Christoph Huber, Alexis Belianin, Alexander Didenko

 
2:45pm - 4:00pmPanel Discussion: IMPACT - The future of experimental finance
Location: Room 1 - Sofia (second floor)
Panelists: John Ledyard, Orly Sade, Jürgen Huber, Shyam Sunder
Moderator: Debrah Meloso
4:00pm - 4:30pmCoffee
4:30pm - 5:30pmPlenary 2
Location: Room 1 - Sofia (second floor)
 

Financial Regret at Older Ages and Longevity Awareness

Abigail Hurwitz, Olivia S. Mitchell



Ellsberg's Hidden Paradox

Sean Crockett, Yehuda Izhakian, Julian Jamison, Florian Mudekereza



The effect of ETF indexing on asset prices

Olga Rud, Peter Bossaerts, John Duffy, Nitin Yadav

 
Date: Thursday, 22/June/2023
9:00am - 10:20am8A: Asset Markets 3
Location: Room 1 - Sofia (second floor)
 

Why do people violate no-trade theorems? A diagnostic test

Jacopo Magnani, Ryan Oprea



Price Formation in Multiple Simultaneous Continuous Double Auctions, with Implications for Asset Pricing

Elena Asparouhova, Peter Bossaerts, John O Ledyard



Price Impact and Order Shredding: Testing Flow Trading Format in the Laboratory

Kristian Lopez Vargas



Climate Crisis Mitigation Preferences Among Finance Professionals and Climate Scientists

Elisabeth Gsottbauer, Michael Kirchler, Christian König-Kersting

 
9:00am - 10:20am8B: Decision-Making Quality
Location: Room 2 - Serdica (first floor)
 

The Impact of Choice Architecture on Portfolio Allocations: Experimental Evidence

Sebastian Bachler, Felix Holzmeister, Michael Razen, Matthias Stefan



Measuring contextuality in investment preferences: a stock selection experiment.

Polina Khrennikova



How Does Behavior in Experimental Investment Tasks Relate to Real-World Investment Behavior?

Steve Heinke, Kevin Trutmann, Alexandre Ziegler, Thorsten Hens, Jörg Rieskamp



The Big Robber Game revisited - Evidence from financial professionals

Sebastian Bachler, Armando Holzknecht, Jürgen Huber, Michael Kirchler

 
10:20am - 10:40amCoffee
10:40am - 11:40amPlenary 3
Location: Room 1 - Sofia (second floor)
 

Financial return and environmental impact information promotes ESG investments: Evidence from a large, incentivized online experiment

Marcel Seifert, Katharina Gangl, Florian Spitzer, Simone Haeckl, Alexia Gaudeul, Erich Kirchler, Stefan Palan



The Frequency of Outperformance and Investment Decisions

Michael Ungeheuer, Martin Weber



Information Aggregation in the Presence of Pre-trade Opacity and Market Fragmentation

Felix Fattinger, Yuanji Wen

 
11:45am - 12:45pmKeynote 2
Location: Room 1 - Sofia (second floor)
Session Chair: Zwetelina Iliewa
 

The use of lab and field data in finance research

Alex Imas

 

 
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