Session times are given in the timezone set on your computer and in UTC. The red, green, and blue tracks are always on the same schedule to allow for switching between sessions.

Each talk should be 15 minutes of presentation + 5 minutes for questions and answers. The chairs have been instructed to enforce time limits to facilitate switching between sessions. In case of technical issues the session will move to a backup room on short notice and at the discretion of the chair.

Use these links to jump directly to the schedule for each day and conference track (room).

Wednesday, 16 June Thursday, 17 June Friday, 18 June
Auditorium Keynote I, Vernon Smith Awards 2020 Auditorium Talks with a view Auditorium Keynote II, Vernon Smith Awards 2021, SEF General Assembly
Red Room Advice, Debt, Insider Trading Red Room Markets I, Household Finance, Socially Responisble Investments II Red Room Miscellaneous, Markets II
Green Room Social Finance, Self-Control, Incentives Green Room Belief Formation, Socially Responsible Investments I, Bank Runs Green Room Time in economic decisions, COVID
Blue Room Investments, Risk Preferences, Information Provision Blue Room Young Talent Awards, Biases, Asset Pricing  Blue Room Fin Tech, Sophistication

Wednesday, 16 June


Time Sessions
00:00 14:00 – 15:00 (UTC) Keynote

Subjective Beliefs in Asset Pricing
Stefan Nagel (The University of Chicago Booth School of Business)

Chair: Michael Kirchler
00:00 15:00 – 16:15 (UTC) Vernon Smith Awards 2020

An Experimental Test of the Lucas Asset Pricing Model
Sean Crockett (Baruch College and Chapman University)

Costly Information Acquisition, Social Networks, and Asset Prices: Experimental Evidence
Edward Halim (Nanyang Technological University)

Chair: Utz Weitzel

Red Room

Time Sessions
00:00 12:00 – 13:30 (UTC) R1: Advice

The Impact of Mortgage Brokers on Borrowers’ Preferences and Perceptions
Junhao Liu (The University of Sydney)

Client-Advisor Matching in the Finance Industry
Julia E. Rose (Erasmus University Rotterdam)

Making Better Decision in Financial Market: Human Forecaster vs. Algorithmic Forecaster
Tiffany Tsz Kwan Tse (Osaka University)

Financial Advisors Exploit Social Preferences
Utz Weitzel (VU Amsterdam & Radboud University)

Chair: Felix Holzmeister
00:00 16:30 – 18:00 (UTC) R2: Debt

Trust and Lending: An Experimental Study
Jiabin Wu (University of Oregon)

The Debt Payment Puzzle: An Experimental Investigation
Hakan Özyılmaz (University of California: Santa Barbara)

Debt Aversion: Theory and Experiment
Thomas Meissner (Maastricht University)

How to correct what might have gone wrong? Reducing Misallocation in a Debt Repayment Experiment
Florian Gärtner (Justus Liebig University Gießen)

Chair: Michael Kirchler
00:00 18:15 – 19:00 (UTC) R3: Insider Trading

Insider trading legislation and trader migration.
Thomas Stöckl (Management Center Innsbruck)

Having a say on insider trading regulation. An experiment studying traders’ choice of regulation.
Dominik Schmidt (Management Center Innsbruck)

Chair: Matthias Stefan 

Green Room

Time Sessions
00:00 12:00 – 13:30 (UTC) G1: Social Finance

Socially Interdependent Investment
Alexandros Karakostas (The University of Queensland)

Reciprocity in multi person interactions -Evidence from the lab and the field
Jan Schmitz (Radboud University)

The Effect of Social Comparison on Debt Taking: Experimental Evidence
Antonia Grohmann (Aarhus University)

Does Communication Matter in Experimental Asset Markets?
Tibor Neugebauer (University of Luxembourg)

Chair: Sebastian Bachler
00:00 16:30 – 18:00 (UTC) G2: Self-Control

Patience Across the Payday Cycle
Holly Dykstra (Harvard University)

The use of robo-advisors as commitment devices
Caterina Giannetti (University of Pisa)

Can a nudge make debtors budge? Four field experiments with payment reminders
Andris Saulitis (University of Latvia)

Chair: Michael Razen
00:00 18:15 – 19:30 (UTC) G3: Incentives

The Dark Side of Bonuses
Víctor González-Jiménez (University of Vienna)

Risk-Taking under Limited Liability: Quantifying the Role of Motivated Beliefs
Ciril Bosch-Rosa (TU Berlin)

On the (ir)relevance of monetary incentives in risk preference elicitation experiments
Michael Razen (University of Innsbruck)

Chair: Michael Razen

Blue Room

Time Sessions
00:00 12:00 – 13:30 (UTC) B1: Investments

Domain-dependent diversification
Darren Duxbury (Newcastle University)

Chasing past returns. Under-investment and under-diversification decisions of professionals in financial industry.
Eric Guerci (Université Côte d’Azur)

Beliefs about Beta: Upside Participation and Downside Protection Christoph Merkle (Aarhus University)

MyPortfolio: The IKEA Effect in Financial Investment Decisions
Fabian Gamm (University of Mannheim)

Chair: Christoph Huber
00:00 16:30 – 18:00 (UTC) B2: Risk Preferences

Incentives modulate arousal and attention in risky choice
Alec Smith (Virginia Tech)

This Time Is Different: On Similarity and Risk Taking After Experienced Gains and Losses
Steve Heinke (University of Basel)

Negative Tail Events, Emotions & Risk Taking
Brice Corgnet (Emlyon Business School)

The Influence of Upward Social Comparison on Online Trading Activity
Sandra M. Andraszewicz (ETH Zurich)

Chair: Matthias Stefan 
00:00 18:15 – 19:00 (UTC) B3: Information Provision

Short versus Long: The Influence of Display Horizons on Investor Behavior
Dirk-Jan Janssen (Radboud University Nijmegen)

What’s in a Sample? How Sampling Information Affects Epistemic Uncertainty and Risk Taking
Sebastian Olschewski (University of Warwick)

Chair: Christoph Huber

Thursday, 17 June


Time Sessions
00:00 14:00 – 15:30 (UTC) Anniversary Special: Talks with a view

Roberto Weber (University of Zurich)

Michael Kirchler (University of Innsbruck)

Chair: Jürgen Huber

Red Room

Time Sessions
00:00 12:00 – 13:30 (UTC) R4: Markets I

The angry market: Reactions to negative tail events across trading institutions
Brice Corgnet (Emlyon Business School)

Market Reactions to Stock Splits: Experimental Evidence
Olga Rud (University of Stavanger)

The Role of the End Time in Experimental Asset Markets
Anita Kopanyi-Peuker (Radboud University Nijmegen)

Market Shocks and Professionals’ Investment Behavior
Christoph Huber (University of Innsbruck)

Chair: Christoph Huber
00:00 16:00 – 17:30 (UTC) R5: Household Finance

Choice architecture improves pension selection
Denise Laroze (Universidad de Santiago de Chile (USACH))

Financial Literacy in Italy: What works for Generation Z best?
Alessia Sconti (Università di Verona)

Financial Literacy and Financial Biases: Experimental Evidence Gizem
Turna Cebeci (Istanbul Bilgi University)

The Effect of Self-Control and Financial Literacy on Impulsive Borrowing: Experimental Evidence
Jana S. Hamdan (DIW Berlin)

Chair: Rene Schwaiger
00:00 17:45 – 19:15 (UTC) R6: Socially Responsible Investments II

Portfolio instability and socially responsible investment: experiments with financial professionals and students
Olga Tatarnikova (University of Montpellier)

Performance vs Green Asset: What do investors and students prefer? A Financial Experimental Study
Rassul-Ishame Kalfane (University of Montpellier)

Mean Markets or Kind Commerce?
Rene Schwaiger (University of Innsbruck)

Chair: Rene Schwaiger

Green Room

Time Sessions
00:00 12:00 – 13:30 (UTC) G4: Belief Formation

The Effect of Investment Position on Belief Formation and Trading Behavior
Kevin Trutmann (University of Basel)

Reverse Bayesianism: Revising Beliefs in Light of Unforeseen Events
Christoph K. Becker (Heidelberg University)

Expectation Formation under Uninformative Signals
Pascal Kieren (University of Mannheim)

Can Agents Add and Subtract When Forming Beliefs?
Jan Müller-Dethard (University of Mannheim)

Chair: Sebastian Bachler
00:00 16:00 – 17:30 (UTC) G5: Socially Responsible Investments I

Sustainability Information and Investment Decisions
Isabella Kooij (University of Zurich)

Social Responsibility in the Time of Uncertainty: A Natural Experiment
Julia Meyer (University of Zurich and Zürcher Hochschule für Angewandte Wissenschaften)

Do Investors Care About Impact?
Stefan Zeisberger (Radboud Nijmegen / Zurich)

Green angels and brown devils: implausible dirty tradeoffs?
Sébastien Duchêne (University of Montpellier)

Chair: Christian König
00:00 17:45 – 19:15 (UTC) G6: Bank Runs

Who withdraws first? Line formation during bank runs
Hubert J. Kiss (KRTK KTI & Corvinus University of Budapest)

Preventing (panic) bank runs
Alfonso Rosa-Garcia (Universidad de Murcia)

Born to Run: How Expectations and Group Size Affect Coordination Failure in Experimental Bank-Run Games
Vittorio Larocca (Luiss University)

The initial deposit decision and the occurrence of bank runs
Johan de Jong (University of Amsterdam)

Chair: Sebastian Bachler

Blue Room

Time Sessions
00:00 12:00 – 13:30 (UTC) B4: Young Talent Awards 2020 / 2021

Are Women Really Better Borrowers in Microfinance? Evidence from Matrilineal and Patrilineal Societies in India
Shagata Mukherjee (Meghnad Desai Academy Of Economics)

Beliefs About the Stock Market and Investment Choices: Evidence from a Field Experiment
Christine Laudenbach (University of Bonn)

Intertemporal Prospect Theory
Matthias Weber (University of St. Gallen)

Chair: Christian König-Kersting
00:00 16:00 – 17:30 (UTC) B5: Biases

Herd behaviour in the presence of a price mechanism: An experimental approach
Kim Nguyen (University of Lincoln)

On subscription traps and context-dependent preference reversals: The pigeonholing effect
Frieder Neunhoeffer (University of Amsterdam)

The effect of relative overconfidence on trading behavior
Daniel Kaszas (ETH Zurich)

A neuro-experimental approach to classify overconfidence during financial bubbles – cognitive neurodynamics suggest learning effects
Filip-Mihai Toma (Nexarch Lab)

Chair: Jürgen Huber
00:00 17:45 – 19:15 (UTC) B6: Asset Pricing

Earnings Autocorrelation and the Post-Earnings-Announcement Drift – Experimental Evidence
Stefan Palan (University of Graz)

Algorithms and the CAPM
Debrah Meloso (TBS Education)

General Equilibrium Asset Pricing with Decreasing Returns to Scale: Theory and Experiments
Peter Bossaerts (The University of Melbourne)

Index value and ETF
Jean Paul Rabanal (University of Stavanger)

Chair: Felix Holzmeister

Friday, 18 June


Time Sessions
00:00 14:00 – 15:00 (UTC) Keynote

Fearless Woman: Financial Literacy and Stock Market Participation
Annamaria Lusardi (George Washington University School of Business)

Chair: Jürgen Huber
00:00 15:00 – 15:45 (UTC) Vernon Smith Awards 2021

Informational Channels of Financial Contagion
Isabel Trevino

Chair: Utz Weitzel
00:00 17:45 – 18:30 (UTC) SEF General Assembly

Chair: Utz Weitzel

Red Room

Time Sessions
00:00 12:00 – 13:30 (UTC) R7: Miscellaneous

Craving for Money? Empirical Evidence from the Laboratory and the Field
Elise Payzan-LeNestour (University of New South Wales)

Financial Intermediation and the Macroeconomy: an experiment
Marco Casari (University of Bologna)

Doing the right thing? The Voting Power Effect and Institutional Shareholder Voting
Efrat Dressler (The Hebrew University of Jerusalem)

Economic Preferences and Personality Traits Among Finance Professionals and the General Population
Felix Holzmeister (University of Innsbruck)

Chair: Felix Holzmeister
00:00 16:00 – 17:30 (UTC) R8: Markets II

Import tariffs in coupled cobweb markets: Exploring the trade-off between efficiency and volatility
Myrna Hennequin (University of Sussex)

Information aggregation over separated markets. An Experiment
Todd R. Kaplan (University of Haifa)

On the Efficiency and Reliability of Information Aggregation in Markets
Felix Fattinger (Vienna University of Economics and Business)

Number sense, trading decisions and mispricing: An experiment
Tristan Roger (Université Paris-Dauphine)

Chair: Rene Schwaiger

Green Room

Time Sessions
00:00 12:00 – 13:30 (UTC) G7: Time in economic decisions

Pushed to perform: Time pressure in long run Learning-to-Forecast experiments
Jan Tuinstra (University of Amsterdam)

Grit, Discounting, & Time Inconsistency
Stefan T. Trautmann (Heidelberg University)

Flexible Work Arrangements and Precautionary Behavior: Theory and Experimental Evidence
Davud Rostam-Afschar (University of Mannheim)

Animal Spirits and Endogenous Cycles: New Empirical Evidence
Stefanie J. Huber (University of Amsterdam)

Chair: Christian König-Kersting
00:00 16:00 – 17:30 (UTC) G8: COVID

Are risk and time preferences stable during the COVID-19 crisis?
Jorgo T. G. Goossens (Tilburg University)

The impact of COVID-19 on higher order risk attitudes
Irene Mussio (Newcastle University Business School)

How Optimistic and Pessimistic Narratives about COVID-19 Impact Economic Behavior
Sören Harrs (University of Cologne)

Robo-Advisor Adoption, Willingness to Pay, and Trust—Before and at the Outbreak of the COVID-19 Pandemic
Orly Sade (Hebrew University)

Chair: Matthias Stefan

Blue Room

Time Sessions
00:00 12:00 – 13:30 (UTC) B7: Fin Tech

Does mining fuel bubbles? An experimental study on cryptocurrency markets
Yilong Xu (Heidelberg University)

Comparing Crowdfunding Mechanisms: Introducing the Generalized Moulin-Shenker Mechanism
Andrej R. S. Woerner (LMU Munich)

Using AI and Behavioral Finance to Cope with Limited Attention and Reduce Overdraft Fees
Daniel B. David (Hebrew University of Jerusalem)

Investigating the introduction of a regulatory fintech advancement designed to reduce limited attention regarding inactive saving accounts – data, survey, and field experiment
Maya H. Rosen (Hebrew University of Jerusalem)

Chair: Jürgen Huber
00:00 16:00 – 17:30 (UTC) B8: Sophistication

Choice Set Complexity and Investment Choice
Brian Scholl (US Securities and Exchange Commission)

The Leverage Self-Delusion: Perceived Wealth and Cognitive Sophistication
Tiziana Assenza (Toulouse School of Economics)

Interest Rates, Bounded Rationality, and Complexity: Demand and Supply of Retail Financial Products
Jonathan Krakow (University of Zurich)

Switching to a better bank account: comparing student vs. general population behaviour in a lab experiment
Ginevra Marandola (Joint research Centre of the European Commission)

Chair: Sebastian Bachler