Christian König genannt Kersting

Research

Journal Articles

Experimenting with Financial Professionals (2024)
with Christoph Huber and Matteo Marini, Journal of Banking & Finance, forthcoming.

On the robustness of social norm elicitation (2024)
Journal of the Economic Science Association, forthcoming.

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, Sina.cn, 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.

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.

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)

Refereeing

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.

Apps

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.

• Bomb Risk Elicitation Task (Crosetto and Filippin, 2013)
  created by Felix Holzmeister and Armin Pfurtscheller
• Bubble Game and Speculation Elicitation Tasks (Moinas and Pouget, 2013; Janssen et al., 2019)
  created by Christoph Huber
• Certainty Equivalent Elictation (Abdellaoui et al., 2011)
  created by Felix Holzmeister
• Equality Equivalence Test (Kerschbamer, 2015)
  created by Felix Holzmeister and Rudolf Kerschbamer
• Iterative Choice List (aka Titration Method, Staircase Elicitation Procedure; Falk et al., 2016)
  created by Felix Holzmeister
• Multiple Price List (Holt and Laury, 2002)
  created by Felix Holzmeister
• Social Value Orientation Slider Measure (Murphy et al., 2011)
  created by Paolo Crosetto, Ori Weisel, and Fabian Winter
• Direct Measurement of Temporal Discounting of Money (Attema et al., 2016)
  created by Julia Rose and Michael Rose
• Time Preference Elicitation
  created by Julia Rose and Michael Rose
• Example Double Auction
  created by Philipp Chapkovski
• Big Five 10-item inventory (Rammstedt and John, 2007)
  created by Philipp Chapkovski
• Public Good Game with Punishment (Fehr and Gächter, 2000)
  created by Philipp Chapkovski
• Social Value Orientation Measure (Murphy et al., 2011)
  created by Philipp Chapkovski
• Resource Allocation Mechanisms (Deferred Acceptance, Top Trading Cycles, Boston Mechanism, University of Michigan Bidding System, Gale-Shapely Pareto-dominant Market Mechanism, Random Serial Dictatorship)
  created by Benjamin Pichl (Paper)
• Affect Misattribution Procedure
  created by Markus Konrad
• Implicit Association Test
  created by Markus Konrad
• Real Effort Tasks: Summing up N numbers (Niederle and Vesterlund, 2007), finding max of two matrices (Weber and Schram, 2017), Decoding Task (Erkal et al., 2011), counting zeros in matrix (Abeler et al., 2011); Auctions: Gift Exchange Game (Fehr et al., 1993), Double Auction (Smith 1962)
  created by Essi Kujansuu and Philipp Chapkovski
• Game collection: Devil's Task (Slovic, 1966), Frog Game, Time Preference Elicitation
  created by Jörn Wieber
• Public Good Game (Child Friendly)
  created by Jörn Wieber
• Social Value Orientation Measures: 9-item Double Dominance (van Lange et al., 1997), Slider Measure with discreate and continuous choices (Murphy et al., 2011)
  created by Dieko Bakker
• Consent Form
  created by Philipp Chapkovski
• Cascade Game
  created by Philipp Chapkovski
• Bargaining in Standing Committees with an Endogeneous Status Quo (Battaglini and Palfrey, 2012)
  created by Salvatore Nunnari
• Bargainining in Ad Hoc Committees (Legislative Bargaining à la Baron and Ferejohn, 1989)
  created by Salvatore Nunnari
• Double Auction
  created by Ann-Kathrin Crede, Jan Dietrich, Jonas Gehrlein, Frauke von Bieberstein, Matthias Stürmer, and Oliver Neumann
• Leavable Wait Page
  created by me, based on Custom Waiting Page for mTurk experiments.
• Multiple Price List (Holt and Laury, 2002)
  created by Olaf Ghanizadeh
• Lemonade Stand Task (Ederer & Masno, 2013)
  createdy by Christian Zihlmann
• Line Queuing Task (using oTree redwood)
  created by Eli Pandolfo
• Generic Continuous Double Auction market (using oTree redwood)
  created by Morgan Grant
• High Frequency Trading / Financial Market Experiments
  created by Eric Aldrich, Hasan Ali Demirci, Morgan Grant, Patrick Toral, and Daniel Thurau at Leeps-Lab
• Infinitly Repeated Prisoners' Dilemma (as in Dal Bò and Fréchette, 2011)
  created by Salvatore Nunnari
• Two-player, Cooperative, Real-Time Tile Slider Puzzle
  created by me.
• Bayesian Truth Serum (Prelec 2004)
  created by me.
• Online Coalition Game (three players)
  created by Joeri Wissink
• Preference Survey Module (Laboratory Version as in Falk et al. 2016; Streamlined (Global) Version as in Falk et al. 2018)
  created by Salvatore Nunnari and Luca Congiu
• Stated Choice Experiments
  created by Luca Congiu
• Climate Change Adaptation Applications (von Bülow and Liu, 2020)
  created by Catharina Wolff von Bülow and Xiufeng Liu
• Classroom Public Goods Game (with repeated, cheap talk, punishment, and threshold treatments)
  created by Jantsje Mol
• All-in-Auction for Water (Zetland, 2013)
  created by Jantsje Mol
• Floodgame (lab version) (Mol et al., 2020)
  created by Jantsje Mol
• Floodgame (simplified for online use) (Mol et al., 2018)
  created by Jantsje Mol
• Online Coalition Game
  created by Joeri Wissink
• The Intergroup Prisoner's Dilemma-Maximizing Difference Game (IPD-MD) (Halevy et al., 2008)
  created by hanna-freuden

Code Snippets and How-Tos

• Custom data models in oTree
  created by Markus Konrad
• An oTree-based flexible architecture for financial market experiments
  created by Eric M. Aldrich, Hasan Ali Demirci, and Kristian López Vargas
• Randomize order of apps
  created by Philipp Chapkovski
• Webcam access
  created by Philipp Chapkovski
• Dynamically determined number of rounds
  created by Philipp Chapkovski
• Two-axis inputs
  created by Philipp Chapkovski
• Session-based language setting
  created by Philipp Chapkovski
• Show instructions again if comprehension questions are not answered correctly
  created by Philipp Chapkovski
• Matching Players by activity on Wait Page
  created by Philipp Chapkovski
• Price and Return Charts with Highcharts
  created by Christoph Huber
• ReCAPTCHA v2 in oTree 5 - new
  created by me
• Hide elements and prevent reappearance on page reload
  created by me.
• Perfect Stranger Matching
  created by Anwar A. Ruff
• Load Testing of oTree apps using Locust
  created by Philipp Chapkovski
• Channels 2.2 minimal example
  created by ccrabbe
• Previous/Next Buttons for Instructions
  created by Christoph Becker and me.
• File and Image Uploads
  created by me.
• Track which elements players hover their mouse over
  created by me.
• Connect oTree to Toloka
  created by Philipp Chapkovski
• Guarantee participants on Wait Pages to stay active
  created by Sharon Peled
• Export of Participant Variables
  created by me.
• Multiple-Choice, Multiple-Answer Fields
  created by Yaoni Wang
• Cycling through treatments
  created by Yaoni Wang
• Auto-update elements from live send data using Vue.js
  created by me.
• Automatically adjusting, weighted treatment assignment
  created by me.
• Tabs for oTree pages - new
  created by Max R. P. Grossmann
• Sliders with feedback but without anchoring - new
  created by Max R. P. Grossmann
• Drypage - An easier way of handling display conditions for pages - new
  created by Max R. P. Grossmann

Tools

• oTree Virtual Machine Manager
  created by Felix Albrecht and Tobias Raabe
• Export data from specific sessions
  created by Philipp Chapkovski
• otreeutils (live view and export of custom data models, download data in JSON format, comprehension questions, easy survey creation, timeout warnings, custom url names for pages, and more.)
  created by Markus Konrad
• otree2stata (Remove dots from oTree variable names for analysis in STATA)
  created by me
• z-Tree and oTree Payment File Merger
  created by Anwar A. Ruff
• AnonPay - Preserve participants' anonymity in the payment stage - new
  created by Max R. P. Grossmann

Contact

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

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