Research Group: Behavior in Risk-Taking and Insurance
Head of the research group:
Assistant Professor for Behavioral Decision-Making and Insurance
|Benjamin Heidler||Markus Huber||Lu Li||Sophie Roth|
The group studies questions of individual and organizational behavior in risky situations with a specific emphasis on risk management and insurance decisions. Behavior is analyzed under a variety of paradigms, reaching from rational expected utility theory, over behavioral maximization models to bounded rationality. We cover questions of individual financial decisions and insurance demand, but also analyze organizational risk-taking and societal questions such as the study of terrorism risk.