Details about Christoph Merkle

Access statistics for papers by Christoph Merkle.

Last updated 2026-03-10. Update your information in the RePEc Author Service.

Short-id: pme747

Working Papers

2024

1. Reproducibility in Management Science
   Post-Print, HAL View citations (6)

2023

2. Competition and moral behavior: A meta-analysis of forty-five crowd-sourced experimental designs
   Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy View citations (3)
   See also Journal Article Competition and moral behavior: A meta-analysis of forty-five crowd-sourced experimental designs, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2023) View citations (1) (2023)
3. Earn More Tomorrow: Overconfidence, Income Expectations and Consumer Indebtedness
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research
   Also in Rationality and Competition Discussion Paper Series, CRC TRR 190 Rationality and Competition (2019) View citations (4)
   See also Journal Article Earn More Tomorrow: Overconfidence, Income Expectations, and Consumer Indebtedness, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2025) View citations (2) (2025)

2012

4. Low risk and high return: Affective attitudes and stock market expectations
   CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) View citations (6)
   Also in CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) (2009)

Journal Articles

2025

1. Beliefs about beta: upside participation and downside protection
   Review of Finance, 2025, 29, (5), 1397-1436
2. Earn More Tomorrow: Overconfidence, Income Expectations, and Consumer Indebtedness
   EconStor Open Access Articles and Book Chapters, 2025, 57, (5), 1071-1102 View citations (2)
   Also in Journal of Money, Credit and Banking, 2025, 57, (5), 1071-1102 (2025)
   See also Working Paper Earn More Tomorrow: Overconfidence, Income Expectations and Consumer Indebtedness, Discussion Papers of DIW Berlin (2023) (2023)
3. Learning to be overprecise
   Journal of Business Economics, 2025, 95, (2), 467-497 View citations (1)

2024

4. Inconsistent Retirement Timing
   Journal of Human Resources, 2024, 59, (3), 929-974 View citations (1)

2023

5. Algorithm aversion in delegated investing
   Journal of Business Economics, 2023, 93, (9), 1691-1727 View citations (1)
6. Competition and moral behavior: A meta-analysis of forty-five crowd-sourced experimental designs
   EconStor Open Access Articles and Book Chapters, 2023, 120, (23), - View citations (1)
   Also in Proceedings of the National Academy of Sciences, 2023, 120, (23), e2215572120 (2023) View citations (5)
   See also Working Paper Competition and moral behavior: A meta-analysis of forty-five crowd-sourced experimental designs, Open Access Publications from Kiel Institute for the World Economy (2023) View citations (3) (2023)

2021

7. Closing a mental account: the realization effect for gains and losses
   Experimental Economics, 2021, 24, (1), 303-329 View citations (5)
8. Value and momentum from investors’ perspective: Evidence from professionals’ risk-ratings
   Journal of Empirical Finance, 2021, 62, (C), 159-178 View citations (1)

2020

9. Financial Loss Aversion Illusion
   Review of Finance, 2020, 24, (2), 381-413 View citations (8)
10. Robo-advice and the future of delegated investment
    Journal of Financial Transformation, 2020, 51, 20-27 View citations (3)

2019

11. The Effect of CEO Extraversion on Analyst Forecasts: Stereotypes and Similarity Bias
    The Financial Review, 2019, 54, (1), 133-164 View citations (6)

2018

12. The curious case of negative volatility
    Journal of Financial Markets, 2018, 40, (C), 92-108 View citations (9)

2017

13. Financial overconfidence over time: Foresight, hindsight, and insight of investors
    Journal of Banking & Finance, 2017, 84, (C), 68-87 View citations (50)
14. Fooled by Randomness: Investor Perception of Fund Manager Skill
    Review of Finance, 2017, 21, (2), 605-635 View citations (7)
15. Framing and retirement age: The gap between willingness-to-accept and willingness-to-pay
    Economic Policy, 2017, 32, (92), 757-809 View citations (6)

2015

16. Investor happiness
    Journal of Economic Psychology, 2015, 49, (C), 167-186 View citations (2)

2014

17. Do investors put their money where their mouth is? Stock market expectations and investing behavior
    Journal of Banking & Finance, 2014, 46, (C), 372-386 View citations (35)
18. Low Risk and High Return – Affective Attitudes and Stock Market Expectations
    European Financial Management, 2014, 20, (5), 995-1030 View citations (12)
19. Second-order beliefs and the individual investor
    Journal of Economic Behavior & Organization, 2014, 107, (PB), 652-666 View citations (19)

2011

20. True overconfidence: The inability of rational information processing to account for apparent overconfidence
    Organizational Behavior and Human Decision Processes, 2011, 116, (2), 262-271 View citations (58)