Research (Prof. Dr. Nöth)

Refereed Publications

Voluntary Minimum Repayments and Borrower Heterogeneity: Evidence from Revolving Consumer Credit, 2022, Journal of Banking & Finance, 135, 106356, Open Access, DOI: 10.1016/j.jbankfin.2021.106356 (with Moritz Lukas).
Trust, Trustworthiness, and Age: Experimental Evidence, 2021, Journal of Economics and Statistics, 241.4, 419-436, DOI: 10.1515/jbnst-2020-0012 (with Moritz Lukas).
Interest Rate Fixation Periods and Reference Points, 2021, Journal of Behavioral and Experimental Economics 94, DOI: 10.1016/j.socec.2021.101711 (with Moritz Lukas).
Interest Rate Changes and Borrower Search Behavior [PDF], 2019, Journal of Economic Behavior & Organization 163, 172-189, DOI: 10.1016/j.jebo.2019.03.020 (with Moritz Lukas).
Salience Theory: Calibration and Heterogeneity in Probability Distortion [PDF], 2019, Journal of Economic Behavior & Organization 157, 477-495, DOI: 10.1016/j.jebo.2018.10.001 (with Christian Königsheim and Moritz Lukas).
Individual Preferences and the Exponential Growth Bias [PDF], 2018, Journal of Economic Behavior & Organization 145, 352-369, DOI: 10.1016/j.jebo.2017.07.032 (with Christian Königsheim and Moritz Lukas).
Financial Knowledge, Risk Preferences, and the Demand for Digital Financial Services [PDF], 2017, Schmalenbach Business Review 18.4 (October), 343-375, DOI: 10.1007/s41464-017-0040-0 (preview [PDF]) (with Christian Königsheim and Moritz Lukas).
Start-ups, Incumbents, and the Effects of Takeover Competition, 2016, Journal of Business Research 69.12, 5925-5933, DOI: 10.1016/j.jbusres.2016.05.005 (with Jan U. Becker and Michel Clement).
Walking the Talk in Multiparty Bargaining: An Experimental Investigation, 2012, Journal of Economic Psychology 33, 278-291 (with Kathleen McGinn and Katherine L. Milkman).
Interaktive Portfoliowahl: Informationsnachfrage und -darstellung, 2009, Die Betriebswirtschaft 69.1, 45-67.
Information Aggregation with Costly Information and Random Ordering: Experimental Evidence, 2006, Journal of Economic Behavior & Organization 59.3, 423-432 (with Carlo Kraemer and Martin Weber).
Reduktion des Dispositionseffekts privater Anleger durch Einsatz technischer Handelsregeln, 2005, Zeitschrift für Betriebswirtschaft 75.5, 455-475.
Informationserkennung und -kauf: Eine experimentelle Untersuchung, 2005, Zeitschrift für betriebswirtschaftliche Forschung 57.3, 129-154 (with Carlo Kraemer).
Mergers and Acquisitions: An Experimental Analysis of Synergies, Externalities and Dynamics, 2004, Review of Finance 8.4, 481-514 (with Rachel Croson, Armando Gomes, and Kathleen McGinn). Nominated for Goldman Sachs Asset Management Prize
Information Aggregation with Random Ordering: Cascades and Overconfidence, 2003, Economic Journal 113, 166-189 (with Martin Weber).
Insidererkennung in experimentellen Märkten, 1996, Zeitschrift für betriebswirtschaftliche Forschung 48, 959-982 (with Martin Weber).
Untersuchung der Renditestruktur im Markt der DM-Euroanleihen, 1995, Kredit und Kapital 28 (IV.), 535-568.

Selected Working Papers

The Market for Financial Advice: An Audit Study, March 2012, NBER Working Paper No. 17929 (with Sendhil Mullainathan and Antoinette Schoar).

Books and Book Chapters

Communicating Frames in Negotiations, in: Bolton, Gary and Rachel Croson (eds), The Oxford Handbook of Economic Conflict Resolution, 2012, Chapter 6, 61-75 (with Kathleen McGinn).
Wechelwirkungen von Psychologie, Rationalität und Regulierung der Börse, 2008, in: Handelskammer Hamburg (eds) Die Hamburger Börse 1558-2008, Murmann Verlag, 246-258.
Behavioral Finance, Handwörterbuch der Betriebswirtschaftslehre, 2007 (mit Martin Weber); also in Wirtschaftslexikon (volume 02), 2006, 672-678, Schäffer Poeschel.
Behavioral Finance, in: Harvey Nigel und Derek Koehler (eds), Blackwell Handbook of Judgment and Decision Making, 2004, Chapter 26, 527-546 (with Markus Glaser and Martin Weber).
Ausgewählte Experimente zur Informationsaggregation in Märkten, in: Schwaiger, Manfred und Dietmar Harhoff (eds), Empirie und Betriebswirtschaft - Entwicklungen und Perspektiven, Schäffer-Poeschel, Stuttgart, 2003, 105-138.
Rationales und irrationales Herdenverhalten, Behavioral Finance Group - Volume 12, 2000 (with Martin Weber).
Informationsaggregation und Insidererkennung in Finanzmärkten, Neue Betriebswirtschaftliche Forschung Band 242, Gabler Verlag, Wiesbaden, 1998.

Cited in the press:
Financial Times: Valuable advice on investment advisers Read more
Time Magazine: Your Financial Adviser Might Be a Lemon Read more
Forbes: Financial Advisors Encourage Bad Behavior Read more
Reuters: Undercover operation shows broker advice missteps Read more
CBS: Retail financial advisors looking out for themselves? Read more
thinkprogress.org: Undercover Study Finds That Financial Advisers Put Profits Ahead Of Their Clients Read more
thinkadvisor.com: Most Advisors Caught Failing Clients in Research 'Sting' Read more