Alle Publikationen
2022
| 1 | "Economic Individualism, Perceived Fairness and Policy Preference: A Cross-Cultural Comparison" (with Mei Wang and Yanping He-Ulbricht), Review of Behavioral Economics, 2022. |
| 2 | "Sign Matters: Stock-Movement-Based Trading Decision of Individual Investors" (with Stefan Muhl, Ji Cao and Hungling Chen), Journal of Banking and Finance, 2022. |
| 3 | "How does culture affect people’s stock market predictions? Evidence from Switzerland, Ukraine and China" (with Mei Wang, Thuy Phan, Yujing Gong), Global Finance Journal, 2022 |
| 4 | "COVID-19-related conspiracy beliefs among Chinese – empirical evidence", ASIEN, 2022. |
| 5 | "Cheating, Trust and Social Norms: Data from Germany, Vietnam, China, Taiwan, and Japan", (with Huynh and several co-authors), Data, 2022. |
| 6 | "Can Television Reduce Xenophobia? The Case of East Germany" (with Sven Hartmann and Lars Hornuf), Kyklos, 2022. |
| 7 | "Immigrant-native gap in risk and time preferences in Germany: Levels, socio-economic determinants, and recent changes" (with Sumit Deole), Journal of Population Economics, 2022. |
| 8 | "Culture and Institutions: Long-Lasting Effects of Communism on Risk and Time Preferences of Individuals in Europe" (with Mei Wang and Johannes Schaewitz), Journal of Economic Behavior and Organization, 2022. |
| 9 | "The Asset Allocation of Defined Benefit Pension Plans: The Role of Sponsor Contributions" (with Artem Dyachenko and Alexander Wagner), Journal of Asset Management, 2022. |
| 10 | "The “alien” alien in Stanislaw Lem’s Solaris and its manifold echoes in the world of literature", Prace Literaturoznawcze, special issue on Stanislaw Lem, 2022. |
| 11 | "Survey evidence on core factors of behavioral biases" (with Mei Wang, Po-Kai Huang and Yuan-Lin Hsu), Journal of Behavioral and Experimental Economics, 2022. |
| 12 | "Locally translation-isometric and multi-isometric sets as generalizations of objective structures", Journal of the Mechanics and Physics of Solids, 2022. |
| 13 | "Uncritical patriotism and Belief into COVID-19 Conspiracies”, Frontiers in Sociology-Migration and Society, 2022. |
| 14 | “Die Entwicklung von Behavioral Finance und die spezielle Rolle der deutschen Wirtschaftswissenschaften”; in: Wenzel Matiaske, Dieter Sadowski (ed.), Ideengeschichte der BWL II, Springer, 2022. |
| 15 | "Keep that mask on: will Germans become more like East Asians?" (with Xenia Matschke), Humanities and Social Sciences Communications, 2022. |
| 16 | "COVID-19 and the Wuhan Diary – how does overseas Chinese community react to group criticism?" (with Mei Wang), Journal of Chinese Political Science, 2021. |
2021
| 17 | "Klassisch, per Zoom oder Live-Übertragung? Vorlesungsformate nach Corona“, Forschung und Lehre, 2021. |
| 18 | "Trust in Government Actions During the COVID-19 Crisis" (with Mei Wang), Social Indicators Research, 2021. |
| 19 | "The slow death of capital protection" (with Christian Bauer), Journal of Risk and Financial Management, 2021. |
| 20 | "Stock market reactions to COVID-19 lockdown: A global analysis” (with Xenia Matschke and Matthias Scherf), Finance Research Letter, 2021. |
| 21 | "Willingness to vaccinate against COVID-19 might be systematically underestimated", Asian Journal of Social Health and Behavior, 2021. |
| 22 | "Pre-Decisional Information Acquisition: Why do we pay too much for information?" (with Mei Wang and Daniel Hausmann), Journal of Economic Psychology, 2021. |
| 23 | "How Do Thinking Style and Motivation Influence Household Sector Innovation? Evidence from a Cross-Country Survey" (with Gongjue Tian, Mei Wang and Jörn Block), International Review of Entrepreneurship, 2021. |
| 24 | "Nudging against panic selling: Making use of the IKEA effect" (with Amin Ashtiani), Journal of Behavioral and Experimental Finance, 2021. |
| 25 | "Universal Time Preference" (with Mei Wang and Thorsten Hens), PLOS One, 2021. |
| 26 | "Cognitive Reflection and Theory of Mind of Go Players" (with Mei Wang), Advances in Cognitive Psychology, 2021. |
| 27 | "Kisses, Handshakes, COVID-19 -- Will the Pandemic Change Us Forever?" (with Xenia Matschke), Review of Behavioral Economics, 2021. |
| 28 | "East Asia’s success against COVID-19 - acclaimed or ignored?", Economic Bulletin, 2021. |
2020
| 29 | "Uncritical Patriotism in East Asia“,Transitions in Asia and Europe: Cultures, Societies and Nations, Masumoto et al. (ed.), 96-105, 2020. |
| 30 | "Geographically nearer, culturally still distant: China’s `Belt and Road Initiative” (with Lei Shi and Mei Wang), Transitions in Asia and Europe: Cultures, Societies and Nations, Masumoto et al. (ed.), 70-81, 2020. |
| 31 | Cultural Differences in Social Preferences between East Asia and Europe" (with Amin Ashtiani), Transitions in Asia and Europe: Cultures, Societies and Nations, Masumoto et al. (ed.), 82-94, 2020. |
| 32 | "How to Measure Financial Literacy?", Journal of Risk and Financial Management, 2020. |
| 33 | "Uncertainty avoidance, loss aversion and stock market participation”, Global Finance Journal, 2020. |
| 34 | "How does the email matter to the civic honesty? A comment on Cohn et al. (2019)” (with Toan Huynh and Mei Wang), Business and Society Review, 2020. |
| 35 | "Opinions on Technology: a Cultural Divide between East Asia and Germany?" (with Mei Wang, Denis Reinhardt and Max Massloch), Review of Behavioral Economics, 2020. |
| 36 | "Maxing out: the puzzling influence of past maximum returns on future asset prices in a cross-country analysis" (with Nilüfer Caliskan and Shuonan Yuan), Management Review Quarterly, 70(4), 567-589, 2020. |
| 37 | "Optimal Volatility Dependent Derivatives in the Stochastic Volatility Model" (with Artem Dyachenko), The Journal of Derivatives, 2021. |
| 38 | "German and Chinese dataset on attitudes regarding COVID-19 policies, perception of the crisis, and belief in conspiracy theories" (with Yanping He-Ulbricht), Data in Brief, 2020. |
| 39 | "Volatility Dependend Structured Products" (with Artem Dyachenko and Walter Farkas), The Journal of Investing, 2020. |
| 40 | "What makes young people think positively about social distancing during the Corona crisis in Germany?" Frontiers in Sociology, 2020. |
| 41 | "Triggering Altruism Increases the Willingness to Get Vaccinated Against COVID-19", Social Health and Behavior, 2020. |
| 42 | "Diversification with Options and Structured Products" (with Shuonan Yuan), Review of Derivatives Research, 2020. |
| 43 | "Fund Size and the Stability of Portfolio Risk" (with Martin Ewen), Journal of Risk, 2020. |
| 44 | "Secret erosion of the “lockdown”? Patterns in daily activities during the SARS-Cov2 pandemics around the world" (with Mei Wang), Review of Behavioral Economics, 2020. |
| 45 | "To wear or not to wear? Factors influencing wearing of face masks in Germany during the Corona pandemics", Social Health and Behavior, 2020. |
| 46 | "Taking more risk tomorrow: time horizons and investment decisions" (with Trang Minh Nguyen, Benjamin Schnur and Mei Wang), Applied Economics Letters, 2020. |
| 47 | "Happy Savers and Happy Spenders: An experimental study comparing US Americans and Germans" (with Amin Ashtiani and Thomas Dudek), Journal of Behavioral and Experimental Economics, 2020. |
| 48 | "Maxing out: replicating the influence of past maximum returns on future asset prices in a cross-country analysis" (with Shuonan Yuan and Nilüfer Caliskan), Management Review Quarterly, pp. 1-23,2 2019. |
2019
| 49 | "Non-cooperative games with prospect theory players and dominated strategies" (with Lars Peter Metzger), Games and Economic Behavior, Vol. 115, pp. 396-409, 2019. |
| 50 | "Hedging with Regret" (with Olaf Korn), Journal of Behavioral and Experimental Finance, 22, pp. 192-205, 2019. |
2018
| 51 | "Survey data on Vietnamese retail investors' trading behavior and their psychological and behavioral patterns" (with Thuy Chung Phan and Mei Wang), Data in Brief, Vol. 19, pp. 1176-1180, 2019. |
| 52 | "The Fundamental Equity Premium and Ambiguity Aversion in an International Context" (with Minh Hai Ngo and Shuonan Yuan), Risks 6.4, pp. 128-152, 2018. |
| 53 | "What leads to overtrading and under-diversification? Survey evidence from retail investors in an emerging market" (with Thuy Chung Phan and Mei Wang), Journal of Behavioral and Experimental Finance, 2018. |
| 54 | "Asymmetric attention and volatility asymmetry" (with Michał Dzieliński und Tõnn Talpsepp), Journal of Empirical Finance, Vol. 45, pp. 59-67, 2018. |
| 55 | "Segmentation of financial clients by attitudes and behavior: a comparison between Switzerland and Vietnam." (with Thuy Phan and Mei Wang), International Journal of Bank Marketing, Vol. 37 Issue: 1, pp.44-68, 2018. |
2017
| 56 | "Comment on Cenci et al. (2015): Half-full or half-empty? A model of decision making under risk", Journal of Mathematical Psychology, Vol. 81, pp. 110-113, 2017. |
| 57 | "Characterization of acceptance sets for co-monotone risk-measures" , Insurance: Mathematics and Economics, Vol. 74, pp. 147-152, 2017. |
| 58 | "The Impact of Culture on Loss Aversion" (with Mei Wang and Thorsten Hens), Journal of Behavioral Decision Making,Vol. 30, Issue 2, pp. 270-281, 2017. |
| 59 | "Estimating Cumulative Prospect Theory Parameters from an International Survey" (with Mei Wang and Thorsten Hens), Theory and Decision, Vol. 82, Issue 4, pp. 567-596, 2017. |
| 60 | "Should Your Bank Invest for You? Evidence from Private Banking Accounts" (with Ji Cao and Marcel Fischli), Journal of Behavioral and Experimental Finance, Vol 13, pp. 1-8, 2017. |
2016
| 61 | "How Time Preferences Differ: Evidence from 53 countries" (with Mei Wang and Thorsten Hens), Journal of Economic Psychology, Vol. 52, pp. 115-135, 2016. |
| 62 | "Corporate Cash Holdings and Ambiguity Aversion" (with Wolfgang Breuer and K. Can Soypak), Review of Finance, Vol. 21, Issue 5, pp. 1933-1974, 2016. |
2015
| 63 | "The war puzzle: Contradictory effects of international conflicts on stock markets" (with Amelie Brune, Thorsten Hens and Mei Wang), International Review of Economics, Vol. 62, Issue 1, pp. 1-21, 2015. | |
| 64 | "Risk Preferences Around the World", (with Mei Wang and Thorsten Hens), Management Science, Vol. 61, Issue 3, pp. 637-648, 2015. |
2014
| 65 | "Evolutionary stability of prospect theory preferences", Journal of Mathematical Economics, Vol. 50, pp. 1-11, 2014. |
| 66 | "The behavioral foundations of corporate dividend policy a cross-country analysis" (with Wolfgang Breuer and K. Can Soypak), Journal of Banking and Finance, Vol. 42, pp. 247-265, 2014. |
| 67 | "Can utility maximization explain the demand for structured investment products?" (with Thorsten Hens), Quantitative Finance, 14(4), pp. 673-681, 2014. |
| 68 | "International evidence on the equity premium puzzle and time discounting" (with Thorsten Hens and Mei Wang), Multinational Finance Journal, 17(3/4), pp. 149-163, 2014. |
Earlier publications (until 2013)
| 69 | "Risk classes for structured products: mathematical aspects and their implications on behavioral investors" (with Ji Cao), Annals of Finance, Vol. 9, Issue 2, pp. 167-183, 2013. |
| 70 | "Can ambiguity aversion solve the equity premium puzzle? Survey evidence from international data" (with Mei Wang), Finance Research Letters, 9(2), pp. 63-72, 2012. |
| 71 | "Explaining the demand for structured financial products: survey and field experiment evidence" (with Thorsten Hens), ZfB, Vol. 82, Issue 5, pp. 491-508, 2012. |
| 72 | "Why do Investors buy bad financial products? Probability misestimation and preferences in financial investment decisions", Journal of Behavioral Finance, Vol. 13, Issue 2, pp. 108-118, 2012. |
| 73 | "Optimal financial investments for non-concave utility functions", Economics Letters, Vol. 114, Issue 3, pp. 239-240, 2012. |
| 74 | "Too risk averse for prospect theory?" (with Thuy Bui), Modern Economy, Vol. 2, Issue 4, pp. 691-700, 2011. |
| 75 | "Volatility asymmetry, news and private investors" (with Michal Dzielinski and Tonn Talpsepp), The Handbook of News Analytics in Finance, Wiley & Sons, 2011. |
| 76 | "Co-monotonicity of optimal investments and the design of structural financial products", Finance and Stochastics, vol. 15, no. 1, pp. 27-55, 2011. |
| 77 | "Explaining asymmetric volatility around the world" (with Tõnn Talpsepp), Journal of Empirical Finance, Vol. 17, Issue 5, pp. 938-956, 2010. |
| 78 | "Financial Market Equilibria with Cumulative Prospect Theory" (with Enrico De Giorgi and Thorsten Hens), Journal of Mathematical Economics, Vol. 46, Issue 5, pp. 633-651, 2010. |
| 79 | "SP/A and CPT: A reconciliation of two behavioral decision theories", Economics Letters, Vol. 108, Issue 3, pp. 327-329, 2010. |
| 80 | "What is behind the Priority Heuristic? – A mathematical analysis and comment on Brandstätter, Gigerenzer and Hertwig" (with Mei Wang), Psychological Review, vol. 115, Issue 1, pp. 274-280, 2008. |
| 81 | "Prospect Theory for continuous distributions" (with Mei Wang), Journal of Risk and Uncertainty, Vol. 36, Nr. 1, pp. 83–102, 2008. |
| 82 | "Cumulative Prospect Theory and the St. Petersburg Paradox" (with Mei Wang), Economic Theory, Vol. 28, pp. 665-679, 2006. |
Publications in applied mathematics
| 83 | "Gradient flows in asymmetric metric spaces" with Chenchiah, Isaac Vikram; Zimmer, Johannes; in: Nonlinear Anal. 71 (2009), no. 11, 5820--5834. |
| 84 | "Young measure flow as a model for damage" with Zimmer, Johannes; in: Z. Angew. Math. Phys. 60 (2009), no. 1, 1--32. |
| 85 | "Higher dimensional problems with volume constraints - existence and Gamma-convergence"; in: Interfaces Free Bound. 10 (2008), no. 2, 155--172. |
| 86 | "Local minimizers of functionals with multiple volume constraints" with Oudet, Édouard; in: ESAIM Control Optim. Calc. Var. 14 (2008), no. 4, 780--794. |
| 87 | "Parameter dependence of multiscale systems and nanostructures on crystals" with Zirnstein, Heinrich-Gregor; in: Math. Mech. Solids 12 (2007), no. 5, 513--525. |
| 88 | "Variational problems for functionals involving the value distribution. Variational problems in materials science", 25--41, Progr. Nonlinear Differential Equations Appl., 68, Birkhäuser, Basel, 2006. |
| 89 | "Global existence for nonconvex thermoelasticity" with Zimmer, Johannes; in: Adv. Math. Sci. Appl. 15 (2005), no. 2, 559--569. |
| 90 | "Parabolic systems with nowhere smooth solutions" with Müller, Stefan; Šverǎk, Vladimír; in Arch. Ration. Mech. Anal. 177 (2005), no. 1, 1--20. |
| 91 | "A model for hysteresis in mechanics using local minimizers of Young measures. Elliptic and parabolic problems", 403--414, Progr. Nonlinear Differential Equations Appl., 63, Birkhäuser, Basel, 2005. |
| 92 | "On the Gamma-limit of the Mumford-Shah functional" with Tilli, Paolo; in: Calc. Var. Partial Differential Equations 23 (2005), no. 4, 373--390. |
| 93 | "A relaxed model for step-terraces on crystalline surfaces" with Kurzke, Matthias; in: J. Convex Anal. 11 (2004), no. 1, 59--67. |
| 94 | "Abstract variational problems with volume constraints"; in: ESAIM Control Optim. Calc. Var. 10 (2004), no. 1, 84--98 (electronic). |
| 95 | "Young-measure approximations for elastodynamics with non-monotone stress-strain relations" with Carstensen, Carsten; in: M2AN Math. Model. Numer. Anal. 38 (2004), no. 3, 397--418. |
| 96 | "Exponential stability and global existence in thermoelasticity with radial symmetry", in: Quart. Appl. Math. 62 (2004), no. 1, 1--25. |
| 97 | "Young measure solutions for nonconvex elastodynamics"; in: SIAM J. Math. Anal. 34 (2003), no. 6, 1380--1398 (electronic). |
| 98 | "A volume constrained variational problem with lower-order terms", with Morini, Massimiliano; in: Appl. Math. Optim. 48 (2003), no. 1, 21--38. |
| 99 | "Time dependent Young measure solutions for an elasticity equation with diffusion"; in: International Conference on Differential Equations, Vol. 1, 2 (Berlin, 1999), 457--459, World Sci. Publ., River Edge, NJ, 2000. |
Other publications
| 100 | “Research on China – chances and challenges”, Frontiers in Sociology, section Migration and Society, 2022. |
| 101 | “What do young Chinese think about social credit? It’s complicated” (mit Mei Wang und Mareike Ohlberg), MERICS China Monitor, März 2020. (wie Punkt 8) |
| 102 | „Neue Perspektiven für eine alte Synagoge – Die ehemalige Synagoge Stavenhagen als authentischer Ort der Erinnerung”, in: Medaon – Magazin für jüdisches Leben, 2018. |
| 103 | „Chosing the right tournament system for amateur competitions“ (mit Nicolas Niewald, Maximilian Lenz, Maolin Zhang, Mei Wang), in:中国围棋论丛 (Zhonguo weiqi luncong) – Chinese Weiqi Research Collection, Vol. 3, pp. 677–684, 2018. |
| 104 | „Ungeduld und Risikoeinstellungen: Hemmschuhe für Integration?“ (mit Mei Wang), in: Weiterbildung, Vol. 2 (2017), pp. 23-25. |
| 105 | „Der globale Blick auf Risiko und Zeit“ (mit Mei Wang), in: Forschung und Lehre, 23 (2016), 3, pp. 236-237. |
Books
| 106 | “Transitions in Asia and Europe: Cultures, Societies and Nations” (with Hiroko Masumoto and Christian Soffel), Kobe University (2020). |
| 107 | “Cultural Finance - A World Map of Risk, Time and Money”, 574 Seiten (with Mei Wang and Thorsten Hens), World Scientific (2020). |
| 108 | "Solutions to Financial Economics: Exercises on Classical and Behavioral Finance", 220 Seiten (mit Thorsten Hens), erschienen im Springer Verlag (2019). |
| 109 | „Financial Economics – a concise introduction to classical and behavioral finance“, ca. 400 S., (mit Thorsten Hens), erschienen im Springer Verlag (2010; zweite Auflage 2016). |
| 110 | „Optionen, Derivate und strukturierte Produkte – ein Praxisbuch“, ca. 350 S., NZZ-Verlag, Zürich und Verlag Schäffer Poeschel (2009; zweite Auflage 2016). |