Christian König genannt Kersting

I hold a Venia Docendi for Economics and I am currently a PostDoc at the Department of Banking and Finance at the University of Innsbruck. My research interest is mainly decision making under risk and uncertainty in finance contexts. In addition, I have done some research on social norms and conducted large scale meta-research projects on the peer review process and wisdom of the crowd prediction aggregation.

I visited Anna Dreber Almenberg and Magnus Johannesson at the Stockholm School of Economics in Febraruy 2024. I visited Gabriele Camera and his colleagues at the Economic Science Institute at Chapman University in February 2023. In January 2023, I visited Mario Malički and the team of the Meta-Research Innovation Center at Stanford.

Before joining the University of Innsbruck, I received my doctorate degree from Heidelberg University's Alfred-Weber-Institute for Economics. I have previousy obtained a Master's degree in Economics from Heidelberg University and a Bachelor's degree in International Business Administration from the Frankfurt School of Finance & Management. During my undergraduate studies, I studied at Hawai'i Pacific University for two semesters.

My CV is available for download here.



Journal Articles

Financial professionals and climate experts have diverging perspectives on climate action (2024)
with Elisabeth Gsottbauer and Michael Kirchler, Communications Earth and Environment, 5, 159.

A Test of (Weak) Certainty Independence (2023)
with Christopher Kops and Stefan T. Trautmann, Journal of Economic Theory, 105623.

Investment preferences and risk perception: Financial Agents versus Clients (2023)
with Luisa Kling and Stefan T. Trautmann, Journal of Banking & Finance, 106489.

Nobel and novice: Author prominence affects peer review (2022)
with Jürgen Huber, Sabiou Inoua, Rudolf Kerschbamer, Stefan Palan, and Vernon L. Smith, PNAS, 119(41), e2205779119.
News coverage: Science, Nature, The Economist, Le Monde,, ORF, Der Standard, Die Presse, Kurier, Forschung und Lehre.

Using coordination games to measure beliefs (2022)
with Franziska Heinicke and Robert Schmidt, Economics Letters, 219, 110821.

Injunctive vs. Descriptive Social Norms and Reference Group Dependence (2022)
with Franziska Heinicke and Robert J. Schmidt, Journal of Economic Behavior and Organization, 195, 199-218.

Bank instability: Interbank linkages and the role of disclosure (2022)
with Stefan T. Trautmann and Razvan Vlahu, Journal of Banking & Finance, 134, 106353.

Value of Statistical Life Year in extreme poverty: A randomized experiment of measurement methods in rural Burkina Faso (2021)
with Stefan T. Trautmann, Yilong Xu, Bryan N. Patenaude, Guy Harling, Ali Sié, and Till Bärnighausen, Population Health Metrics, 19, 45.

Good decision vs. good results: Outcome bias in the evaluation of financial agents (2021)
with Monique Pollmann, Jan Potters and Stefan T. Trautmann, Theory and Decision, 90, 31-61.

Gender bias in the evaluation of teaching materials (2020)
with Asri Özgümüs, Holger A. Rau, and Stefan T. Trautmann, Frontiers in Psychology, 11, 1074.

oTree Manager: Multi-user oTree installations made easy (2019)
Journal of Behavioral and Experimental Finance, 22, 177-182.

Countercyclical risk aversion: Beyond financial professionals (2018)
with Stefan T. Trautmann, Journal of Behavioral and Experimental Finance, 18, 94-101.

Ambiguity attitudes in decisions for others (2016)
with Stefan T. Trautmann, Economics Letters, 146, 126-129.
Supplementary Analysis: Test of Order Effects in Ambiguity Attitude Measurement

Book Chapters

Experimental Finance and financial professionals (2021)
with Sascha Füllbrunn and Christoph Huber in Füllbrunn S. & Haruvy, E. (Eds.) Handbook of Experimental Finance, Edward Elgar Publishing, p. 64 - 72.

Working Papers

A Model of Anchoring and Adjustment for Decision-Making under Risk (2024)
with Johannes G. Jaspersen and Marc A. Ragin, SSRN.

Experimenting with Financial Professionals (2024)
with Christoph Huber and Matteo Marini University of Innsbruck Working Papers in Economics and Statistics.

First-Order and Higher-Order Inflation Expectations: Evidence about Households and Firms (2024)
with Pascal Kieren, Robert Schmidt, Stefan Trautmann and Franziska Heinicke, Deutsche Bundesbank Discussion Paper No 18/2024.

Adverse Experience and Behavioral Change: Natural versus Social Causes (2024)
with Florian Diekert and Timo Goeschl, AWI Discussion Paper No. 704.

The Behavioral Economics of Extreme Event Attribution (2024)
with Florian Diekert and Timo Goeschl, AWI Discussion Paper No. 741.

Grit, Discounting, & Time Inconsistency (2023)
with Stefan T. Trautmann, University of Innsbruck Working Papers in Economics and Statistics.

On the robustness of social norm elicitation (2021)
University of Innsbruck Working Papers in Economics and Statistics.

Active and passive risk-taking (2020)
with Johannes Lohse and Anna Louisa Merkel, University of Innsbruck Working Papers in Economics and Statistics.

Contributions to Crowd-Sourced Research Projects

Reproducibility in Management Science (2024)
authors: Fisar, M., Greiner, B., Huber, C., Katok, E., Ozkes, A. I., & Management Science Reproducibility Collaboration, Management Science, 70(3), 1343-1356. (Member of the Reproducibility Collaboration)


I have served as an ad-hoc referee for Economic Inquiry, Experimental Economics, FACETS, Frontiers in Psychology, Journal of Banking and Finance, Journal of Behavioral and Experimental Economics, Journal of Behavioral and Experimental Finance, Journal of Economic Behavior & Organization, Journal of Economic Dynamics and Control, Journal of Economic Psychology, Journal of Economic Surveys, Journal of FinTech, Management Science, PLOS One, Theory and Decision.

oTree Collection

Many people have started using oTree for running experiments in the lab, online, and even in the field. This is a small collection of apps, code snippets, and other oTree related tools that I find helpful. Note that many of items below come with a citation requirement. Feel free to e-mail me suggestions.


Many oTree apps have been developed by members of the community, some of which I list below. Please note that development of oTree advances quickly. Some apps may be outdated and do not work with current verions of oTree. Others might integrate very deeply with oTree such that they can affect core functionality of have other unintended consequences. Please make sure to read and understand the code of each app, before you use it.

Code Snippets and How-Tos


last updated on


I maintain a profile on the website of the University of Innsbruck.

My Orcid ID id is 0000-0002-9977-2232.

Christian König genannt Kersting
Innsbrucker Str. 1
6060 Hall in Tirol