The Society for Experimental Finance is an organization for scientists who use controlled experiments to understand human behavior on financial markets.


We are pleased to announce that Immanuel Lampe and Matthias Weber have won the 2021 Vernon L. Smith Young Talent Award in Experimental Finance for their submission "Intertemporal Prospect Theory" to the 2021 Experimental Finance Conference.

The award panel is impressed by the depth and scope of this study and is convinced that it makes a very important contribution to Finance research. The panel members are Elena Asparouhova (University of Utah), Michael Kirchler (University of Innsbruck), Dave Porter (Chapman University), and Utz Weitzel (VU Amsterdam and Radboud University).

The award will be handed over officially at the next (virtual) Experimental Finance World Conference in June 2021.

Congratulations Immanuel and Matthias!

Upcoming Events

The next scheduled events will be the Experimental Finance 2021 conference and summer school, to be held at the University of Innsbruck. Stay tuned for details.

Recently published papers

  • Merkle, C., Sextroh, C. J., 2021. Value and momentum from investors’ perspective: Evidence from professionals’ risk-ratings, Journal of Empirical Finance 62, 159–178. [EF2016, University of Mannheim]

  • Merkle, C., Müller-Dethard, J., Weber, M., 2021. Closing a mental account: the realization effect for gains and losses, Experimental Economics 24(1), 303–329. [EF2018, University of Heidelberg]

  • Olschewski, S., Newell, B. R., Oberholzer, Y., Scheibehenne, B., Forthcoming. "Valuation and estimation from experience", Journal of Behavioral Decision Making. [EF2018, University of Heidelberg]

(All listed papers were previously presented at an EF conference, given in square brackets. See published EF papers for more papers.)

Recent newsletters

2020/03 - August 25, 2020

2020/02 - April 23, 2020

2020/01 - January 14, 2020