Experiment Center

Economic experiments – be it in the lab or the field – provide a valuable method to explore the foundations, mechanisms, and implications of economic decision-making in financial contexts and institutions. Researchers at the SAFE Experiment Center use this method to study key questions, for example, in household finance, corporate governance, or financial markets. Experiments help to identify causal relations, measure “behavioral heterogeneity” (e.g., in economic preferences or beliefs), as well as assist policymakers in evaluating the effects of particular interventions and institutions.

The SAFE Experiment Center is a collaboration between the Leibniz Institute for Financial Research SAFE and the Frankfurt Laboratory for Experimental Economic Research FLEX.


Publications

Author/s Title Area Type Published
Kevin Bauer, Oliver Hinz, Moritz von Zahn Expl(AI)ned: The Impact of Explainable Artificial Intelligence on Users' Information Processing
Information Systems Research
Financial Intermediation, Experiment Center Published Paper 2023
Kevin Bauer, Yan Chen, Florian Hett, Michael Kosfeld Group Identity and Belief Formation: A Decomposition of Political Polarization
SAFE Working Paper No. 409
Household Finance, Experiment Center SAFE Working Paper 2023
Peter Andre, Marc Kaufmann, Botond Köszegi Understanding Markets with Socially Responsible Consumers
SAFE Working Paper No. 411
Experiment Center, Behavioral Finance SAFE Working Paper 2023
Andrea Essl, Michael Kosfeld, Markus Kröll, Frauke von Bieberstein Social Preferences and Sales Performance
Journal of Economics & Management Strategy
Household Finance, Experiment Center Published Paper 2023
Peter Andre, Philipp Schirmer, Johannes Wohlfart Mental Models of the Stock Market
SAFE Working Paper No. 406
Financial Markets, Experiment Center, Behavioral Finance SAFE Working Paper 2023
Peter Andre Shallow Meritocracy
SAFE Working Paper No. 405
Experiment Center, Behavioral Finance SAFE Working Paper 2023
Julian Detemple, Michael Kosfeld Fairness and Inequality in Institution Formation
SAFE Working Paper No. 402
Household Finance, Experiment Center SAFE Working Paper 2023
Kevin Bauer, Oliver Hinz, Michael Kosfeld, Lena Liebich Decoding GPT’s Hidden ‘Rationality’ of Cooperation
SAFE Working Paper No. 401
Household Finance, Experiment Center SAFE Working Paper 2023
Michael Kosfeld, Zahra Sharafi The Preference Survey Module: Evidence on Social Preferences from Tehran
SAFE Working Paper No. 393
Household Finance, Experiment Center SAFE Working Paper 2023
Kevin Bauer, Oliver Hinz, Moritz von Zahn Please Take Over: XAI, Delegation of Authority, and Domain Knowledge
SAFE Working Paper No. 394
Financial Intermediation, Experiment Center SAFE Working Paper 2023

Research Projects

Household Finance, Experiment Center
Household Finance, Experiment Center
Communication, Echo Chambers, Biased Beliefs
Household Finance, Experiment Center

Current Research Team

Researcher Position
Andre, Peter Assistant Professor
Famulok, Jakob Doctoral Student
Gill, Andrej SAFE Fellow
Hett, Florian SAFE Fellow
Kosfeld, Michael Professor
Laudenbach, Christine Professor
Liebich, Lena Doctoral Student
von Siemens, Ferdinand SAFE Fellow