Details about Ulrich Schmidt

Access statistics for papers by Ulrich Schmidt.

Last updated 2013-05-05. Update your information in the RePEc Author Service.

Short-id: psc184

Working Papers

2012

1. Asymmetrically Dominated Choice Problems and Random Incentive Mechanisms
   Experimental Economics Center Working Paper Series, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University
2. Insurance Demand and Prospect Theory
   Kiel Working Papers, Kiel Institute for the World Economy
3. Insurance Demand under Prospect Theory:A Graphical Analysis
   Kiel Working Papers, Kiel Institute for the World Economy
4. Paradoxes and Mechanisms for Choice under Risk
   Experimental Economics Center Working Paper Series, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University View citations (8)
   Also in Kiel Working Papers, Kiel Institute for the World Economy (2011) View citations (3)
5. Regulierung des Glücksspiels in Deutschland: Das Glücksspielgesetz Schleswig-Holsteins und der Glücksspieländerungsstaatsvertrag aus ökonomischer Perspektive
   Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy

2011

6. A Genuine Foundation for Prospect Theory
   The School of Economics Discussion Paper Series, Economics, The University of Manchester
   See also Journal Article in Journal of Risk and Uncertainty (2012)
7. Determining Optimal Transit Charges: The Kiel Canal in Germany
   Kiel Working Papers, Kiel Institute for the World Economy
8. Explaining the harmonic sequence paradox
   Kiel Working Papers, Kiel Institute for the World Economy
9. Overconfidence and Bubbles in Experimental Asset Markets
   Kiel Working Papers, Kiel Institute for the World Economy
10. Pricing risk and ambiguity: The effect of perspective taking
    Kiel Working Papers, Kiel Institute for the World Economy
11. The importance of time series extrapolation for macroeconomic expectations
    Kiel Working Papers, Kiel Institute for the World Economy View citations (2)
    See also Journal Article in German Economic Review (2012)

2010

12. Allais Paradoxes Can be Reversed by Presenting Choices in Canonical Split Form
    Kiel Working Papers, Kiel Institute for the World Economy View citations (2)
13. Asymmetrically Dominated Alternatives and Random Incentive Mechanisms
    Kiel Working Papers, Kiel Institute for the World Economy
14. Common Consequence Effects with Pricing Data
    Kiel Working Papers, Kiel Institute for the World Economy View citations (1)
15. Confronting the Representative Consumer with Household-Size Heterogeneity
    Kiel Working Papers, Kiel Institute for the World Economy
    Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2010)
16. Das Wettmonopol in Deutschland: Status Quo und Reformansätze
    Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy
17. Endogenizing Prospect Theory's Reference Point
    Kiel Working Papers, Kiel Institute for the World Economy View citations (1)
18. Endogenous Prospect Theory
    Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy
19. Overconfidence, Experience, and Professionalism: An Experimental Study
    Kiel Working Papers, Kiel Institute for the World Economy
20. Self-Insurance and Self-Protection as Public Goods
    Kiel Working Papers, Kiel Institute for the World Economy View citations (1)
    Also in Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät (2006) View citations (8)
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2007)
    See also Journal Article in Journal of Risk & Insurance (2012)
21. Testing Independence Conditions in the Presence of Errors and Splitting Effects
    Kiel Working Papers, Kiel Institute for the World Economy

2009

22. An experimental investigation of the disparity between WTA and WTP for lotteries
    Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy View citations (8)
    Also in Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2006) View citations (4)
    See also Journal Article in Theory and Decision (2009)
23. Nonmarket household time and the cost of children
    Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy View citations (3)
    Also in Discussion Papers, Free University Berlin, School of Business & Economics (2006) View citations (1)
    Vienna Economics Papers, University of Vienna, Department of Economics (2006)
    Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM)
    See also Journal Article in Journal of Business & Economic Statistics (2009)

2008

24. Additive utility in prospect theory
    The School of Economics Discussion Paper Series, Economics, The University of Manchester
    See also Journal Article in Management Science (2009)
25. An Experimental Investigation of Violations of Transitivity in Choice under Uncertainty
    Kiel Working Papers, Kiel Institute for the World Economy View citations (6)
    See also Journal Article in Journal of Risk and Uncertainty (2008)
26. Arbeitslosengeld II: Arbeitsanreize und Verteilungsgerechtigkeit
    Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy View citations (1)
    Also in Kiel Working Papers, Kiel Institute for the World Economy (2007)
    See also Journal Article in Wirtschaftsdienst (2008)
27. Are all professional investors sophisticated?
    Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
    See also Journal Article in German Economic Review (2010)
28. Confronting the Robinson Crusoe paradigm with household-size heterogeneity
    Levine's Working Paper Archive, David K. Levine View citations (1)
29. Parametric Weighting Functions
    Kiel Working Papers, Kiel Institute for the World Economy
    Also in The School of Economics Discussion Paper Series, Economics, The University of Manchester (2006) View citations (1)
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2007) View citations (2)
    See also Journal Article in Journal of Economic Theory (2009)
30. Third-generation prospect theory
    Open Access publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy View citations (20)
    See also Journal Article in Journal of Risk and Uncertainty (2008)
31. Transitivity in Health Utility Measurement: An Experimental Analysis
    Kiel Working Papers, Kiel Institute for the World Economy
    See also Journal Article in Health Economics Review (2011)

2007

32. Noise and Bias in Eliciting Preferences
    Discussion Papers, Department of Economics, University of York View citations (13)
    Also in Kiel Working Papers, Kiel Institute for the World Economy (2007) View citations (6)
    See also Journal Article in Journal of Risk and Uncertainty (2009)
33. Security and Potential Level Preferences with Thresholds
    Working Papers, Economic Research Southern Africa View citations (1)
34. Selfish-biased conditional cooperation: On the decline of contributions in repeated public goods experiments
    Kiel Working Papers, Kiel Institute for the World Economy View citations (7)
    Also in Experimental, EconWPA (2005) View citations (3)
    See also Journal Article in Journal of Economic Psychology (2009)
35. Strategic Exploitation of a Common-Property Resource under Uncertainty
    Vienna Economics Papers, University of Vienna, Department of Economics View citations (5)

2006

36. An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics
    Also in Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät (2003) View citations (3)
    Papers on Strategic Interaction, Max Planck Institute of Economics, Strategic Interaction Group (2005) View citations (2)
    See also Journal Article in Economics Bulletin (2008)
37. Empirical Tests of Intransitivity Predicted by Models of Risky Choice
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics
38. Family-Type Subsistence Incomes
    Vienna Economics Papers, University of Vienna, Department of Economics View citations (1)
    Also in Discussion Papers, Free University Berlin, School of Business & Economics (2006)

2005

39. Explaining preference reversal with third-generation prospect theory
    Discussion Papers, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham
    Also in Discussion Papers, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham (2005) View citations (1)
40. Non-Market Time and Household Well-Being
    Vienna Economics Papers, University of Vienna, Department of Economics View citations (5)
    Also in Discussion Papers, Free University Berlin, School of Business & Economics (2005) View citations (4)
41. Properties of Equivalence Scales in Different Countries
    Vienna Economics Papers, University of Vienna, Department of Economics View citations (5)
    See also Journal Article in Journal of Economics (2005)
42. The Use of Trading Strategies by Fund Managers: Some First Survey Evidence
    Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät View citations (9)
    See also Journal Article in Applied Economics (2005)
43. Welfare-Dependent Household Economies of Scale: Further Evidence
    Discussion Papers, Free University Berlin, School of Business & Economics

2004

44. On the Income Dependence of Equivalence Scales
    University of Cyprus Working Papers in Economics, University of Cyprus Department of Economics View citations (4)
    See also Journal Article in Journal of Public Economics (2005)
45. The Impact of Experience on Risk Taking, Overconfidence, and Herding of Fund Managers: Complementary Survey Evidence
    Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät View citations (17)
    See also Journal Article in European Economic Review (2006)

2003

46. An Experimental Investigation of the Role of Errors for Explaining Violations of Expected Utility
    Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät View citations (1)
47. Friedman, Harsanyi, Rawls, Boulding - or Somebody Else?
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (8)
48. Lorenz, Pareto, Pigou: Who Scores Best? Experimental Evidence on Dominance Relations of Income Distributions
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (3)
49. Security And Potential Level Preferences With
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim
50. The Use of Momentum, Contrarian and Buy-&-Hold Strategies: Survey Evidence from Fund Managers
    Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät View citations (2)

2002

51. A Simple Model of Cumulative Prospect Theory
    The School of Economics Discussion Paper Series, Economics, The University of Manchester View citations (1)
    See also Journal Article in Journal of Mathematical Economics (2009)
52. An Axiomatization of Linear Cumulative Prospect Theory with Applications to Portfolio Selection and Insurance Demand
    Royal Economic Society Annual Conference 2002, Royal Economic Society
53. Linear Cumulative Prospect Theory with Applications to Portfolio Selection and Insurance Demand
    The School of Economics Discussion Paper Series, Economics, The University of Manchester View citations (1)
    See also Journal Article in Decisions in Economics and Finance (2007)
54. Risk Aversion in Cumulative Prospect Theory
    The School of Economics Discussion Paper Series, Economics, The University of Manchester View citations (3)
    Also in Royal Economic Society Annual Conference 2002, Royal Economic Society (2002) View citations (9)
    See also Journal Article in Management Science (2008)
55. What is Loss Aversion?
    The School of Economics Discussion Paper Series, Economics, The University of Manchester View citations (8)
    See also Journal Article in Journal of Risk and Uncertainty (2005)

2001

56. The Effect of Elicitation Methods on Ambiguity Aversion: An Experimental Investigation
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim
    See also Journal Article in Economics Bulletin (2009)

2000

57. A Theory of the Gambling Effect
    Discussion Paper, Tilburg University, Center for Economic Research View citations (3)

1998

58. Equilibrium bidding without the independence axiom: A graphical analysis
    SFB 373 Discussion Papers, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes View citations (1)

Undated

59. Friedman, Harsanyi, Rawls, Boulding - Or Somebody Else? An Experimental Investigation of Distributive Justice
    Papers on Strategic Interaction, Max Planck Institute of Economics, Strategic Interaction Group View citations (7)
    See also Journal Article in Social Choice and Welfare (2005)

Journal Articles

2012

1. A genuine foundation for prospect theory
   Journal of Risk and Uncertainty, 2012, 45, (2), 97-113
   See also Working Paper (2011)
2. Self‐Insurance and Self‐Protection as Public Goods
   Journal of Risk & Insurance, 2012, 79, (1), 57-76
   See also Working Paper (2010)
3. The Importance of Time‐Series Extrapolation for Macroeconomic Expectations
   German Economic Review, 2012, 13, (2), 196-210 View citations (1)
   See also Working Paper (2011)

2011

4. Transitivity in health utility measurement: An experimental analysis
   Health Economics Review, 2011, 1, (1), 1-4
   See also Working Paper (2008)

2010

5. Are All Professional Investors Sophisticated?
   German Economic Review, 2010, 11, 418-440
   See also Working Paper (2008)
6. Testing transitivity in choice under risk
   Theory and Decision, 2010, 69, (4), 599-614 View citations (4)

2009

7. A simple model of cumulative prospect theory
   Journal of Mathematical Economics, 2009, 45, (3-4), 308-319 View citations (2)
   See also Working Paper (2002)
8. Additive Utility in Prospect Theory
   Management Science, 2009, 55, (5), 863-873
   See also Working Paper (2008)
9. An Experimental Investigation of the Disparity Between WTA and WTP for Lotteries
   Theory and Decision, 2009, 66, (3), 229-262 View citations (5)
   See also Working Paper (2009)
10. An experimental study on individual choice, social welfare, and social preferences
    European Economic Review, 2009, 53, (4), 385-400 View citations (9)
11. Noise and bias in eliciting preferences
    Journal of Risk and Uncertainty, 2009, 39, (3), 213-235 View citations (9)
    See also Working Paper (2007)
12. Nonmarket Household Time and the Cost of Children
    Journal of Business & Economic Statistics, 2009, 27, 42-51 View citations (3)
    See also Working Paper (2009)
13. Parametric weighting functions
    Journal of Economic Theory, 2009, 144, (3), 1102-1118 View citations (8)
    See also Working Paper (2008)
14. Selfish-biased conditional cooperation: On the decline of contributions in repeated public goods experiments
    Journal of Economic Psychology, 2009, 30, (1), 52-60 View citations (14)
    See also Working Paper (2007)
15. The effect of elicitation methods on ambiguity aversion: an experimental investigation
    Economics Bulletin, 2009, 29, (2), 638-643 View citations (1)
    See also Working Paper (2001)

2008

16. An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data
    Economics Bulletin, 2008, 4, (20), 1-12
    See also Working Paper (2006)
17. An experimental investigation of violations of transitivity in choice under uncertainty
    Journal of Risk and Uncertainty, 2008, 37, (1), 77-91 View citations (6)
    See also Working Paper (2008)
18. Arbeitslosengeld II: Arbeitsanreize und Verteilungsgerechtigkeit
    Wirtschaftsdienst, 2008, 88, (7), 461-466 View citations (1)
    See also Working Paper (2008)
19. Risk Aversion in Cumulative Prospect Theory
    Management Science, 2008, 54, (1), 208-216 View citations (8)
    See also Working Paper (2002)
20. Third-generation prospect theory
    Journal of Risk and Uncertainty, 2008, 36, (3), 203-223 View citations (20)
    See also Working Paper (2008)

2007

21. Linear cumulative prospect theory with applications to portfolio selection and insurance demand
    Decisions in Economics and Finance, 2007, 30, (1), 1-18 View citations (1)
    See also Working Paper (2002)
22. Testing expected utility in the presence of errors
    Economic Journal, 2007, 117, (518), 470-485 View citations (6)

2006

23. The impact of experience on risk taking, overconfidence, and herding of fund managers: Complementary survey evidence
    European Economic Review, 2006, 50, (7), 1753-1766 View citations (13)
    See also Working Paper (2004)

2005

24. Friedman, Harsanyi, Rawls, Boulding – or somebody else? An experimental investigation of distributive justice
    Social Choice and Welfare, 2005, 24, (2), 283-309 View citations (8)
    See also Working Paper
25. On the income dependence of equivalence scales
    Journal of Public Economics, 2005, 89, (5-6), 967-996 View citations (15)
    See also Working Paper (2004)
26. Properties of Equivalence Scales in Different Countries
    Journal of Economics, 2005, 86, (1), 19-27 View citations (3)
    See also Working Paper (2005)
27. The Performance of Peer Review and a Beauty Contest of Referee Processes of Economics Journals/
    Estudios de Economía Aplicada, 2005, 23, 505-551
28. The use of trading strategies by fund managers: some first survey evidence
    Applied Economics, 2005, 37, (15), 1719-1730 View citations (10)
    See also Working Paper (2005)
29. What is Loss Aversion?
    Journal of Risk and Uncertainty, 2005, 30, (2), 157-167 View citations (20)
    See also Working Paper (2002)

2004

30. Are Preference Reversals Errors? An Experimental Investigation
    Journal of Risk and Uncertainty, 2004, 29, (3), 207-218 View citations (9)
31. The Utility of Gambling Reconsidered
    Journal of Risk and Uncertainty, 2004, 29, (3), 241-259 View citations (14)

2003

32. The axiomatic basis of risk-value models
    European Journal of Operational Research, 2003, 145, (1), 216-220 View citations (1)

2002

33. A Context-Dependent Model of the Gambling Effect
    Management Science, 2002, 48, (6), 802-812 View citations (11)
34. An Experimental Test of Loss Aversion
    Journal of Risk and Uncertainty, 2002, 25, (3), 233-49 View citations (37)

2001

35. A new axiomatization of rank-dependent expected utility with tradeoff consistency for equally likely outcomes
    Journal of Mathematical Economics, 2001, 35, (4), 483-491 View citations (4)
36. Lottery Dependent Utility: a Reexamination
    Theory and Decision, 2001, 50, (1), 35-58 View citations (2)

2000

37. The certainty effect and boundary effects with transformed probabilities
    Economics Letters, 2000, 67, (1), 29-33

1999

38. Knock-out for descriptive utility or experimental-design error?
    Journal of Economics, 1999, 70, (2), 109-126

Chapters

2008

1. A Beauty Contest of Referee Processes of Economics Journals
   A chapter in Conferences on New Political Economy, 2008, vol. 25, pp 235-255(21) View citations (3)