Associate Professor in Neuroeconomics
CREED, University of Amsterdam
Associate Professor in Neuroeconomics
CREED · Faculty of Economics and Business
University of Amsterdam
CREED, University of Amsterdam
Tinbergen Institute
CREED, University of Amsterdam
Thurgau Institute of Economics, University of Konstanz · Urs Fischbacher
Ohio State University · Ian Krajbich
University of Konstanz · Urs Fischbacher
Zukunftskolleg, University of Konstanz
Member · University of Konstanz
University of Konstanz · Summa cum laude
Thesis: How Pressure Affects Decision-Making. Supervisors: Urs Fischbacher, Ronald Hübner, and Gerald Eisenkopf.
McGill University, Montreal
Virginia Tech · Summa cum laude
Us vs them: Using attention to understand and reduce discrimination
An interdisciplinary approach to rule compliance · Co-PI with Lucas Molleman (main) and Christin Scholz
The social and ecological foundations of irrational decision-making: A cross-species examination · Co-PI with Karline Janmaat (main) and Lucas Molleman
Hiring for others: the role of intermediation on discriminatory behaviour · With A. Hirmas
A Sustainable Future (€5,000) and Amsterdam Brain and Cognition (€2,500) · EGPROC and attention workshops
Several small grants for conducting experiments
With Lucas Molleman, Karlijn Hoyer, Gerben A. van Kleef, and Christin Scholz
Proceedings of the Royal Society B: Biological Sciences, 293(2081), 20261940
Human societies rely on rules to coordinate behaviour, sustain cooperation and maintain social order. Yet compliance can be fragile when rules are weakly enforced and individuals observe others violating them. Prior research shows that rule violations and other antisocial behaviours can spread through social influence, but less is known about how the severity of violations shapes these dynamics. In many real-world settings, rule-breaking occurs in degrees, from minor infractions to major violations, and individuals may not only imitate others but sometimes exceed the violations they observe. Here, we combine simulations and a behavioural experiment (n = 750) to study how the magnitude of observed rule violations shapes subsequent violations, and how this can generate escalation dynamics. Our simulations show that when individuals occasionally escalate beyond observed violations, even rare escalation can trigger a rapid shift from widespread compliance to collective rule-breaking. In our pre-registered experiment, observing major violations strongly increased rule-breaking, especially when committed by socially close others. Observing minor violations prompted many participants to follow suit and a minority to escalate beyond the violations they observed. Parameterizing the simulations with these behavioural responses shows that such escalators can disproportionately undermine collective compliance. These results highlight how asymmetric responses to rule violations and rare escalatory behaviour can transform small deviations into large-scale breakdowns of rule compliance.
With L. Vu, M. Leib, and S. Shalvi
Journal of Experimental Social Psychology
Published version linked · final citation details pending
Defaults are powerful: whereas wisely set defaults increase prosocial choices, poorly set defaults promote selfish decisions. In two preregistered studies (NStudy 1 = 584, NStudy 2 = 587), we test whether distracting environments, compared to distraction-free environments, make people rely more on selfish than prosocial defaults. Participants completed repeated binary dictator games in a 2 (selfish default vs. prosocial default) x 2 (distraction vs. no distraction) within-subjects design. Results from both studies and an internal meta-analysis provide no support for the hypothesis. Whereas participants accepted prosocial more than selfish defaults (in Study 1 and in an internal meta-analysis), the existence (vs. absence) of distraction did not affect default acceptance differentially for selfish versus prosocial defaults. Exploratory cluster analyses showed that around 75% of participants made choices based on their social preference, thereby showing little to no response to defaults. The remaining 25%, however, were responsive to defaults, resulting in an overall higher fraction of prosocial choices made when defaults are prosocial (vs. selfish). Overall, despite most participants being non-responsive, findings highlight the aggregate benefit of setting prosocial defaults, both in distracting and non-distracting environments.
With D. Bhatia, U. Fischbacher, and R. Stumpf
Experimental Economics
How do people attribute responsibility when an outcome is not caused by an
individual but results from a decision chain involving several people? We study
this question in an experiment, in which five voters sequentially decide on how to
distribute money between them and five recipients. The recipients can reward or
punish each voter, which we use as measures of responsibility attribution. In the
aggregate, we find that responsibility is attributed mostly according to the voters’
choices and the pivotality of the decision, but not for being the initial voter. On
the individual level, we find substantial heterogeneity with three overall patterns:
Little to no responsibility attribution, pivotality-driven, and focus on choices. These
patterns are similar when praising voters for good outcomes and blaming voters for
bad outcomes.
With U. Fischbacher, D. Grammling, and V. Zika
Journal of Public Economics
Politics is increasingly driven by identity cleavages, which also affect the discussion about inequality and redistribution. Typically, redistribution is meant to reduce inequality, implying that redistribution neither makes the rich richer nor the former poor the new rich. However, if identity affects redistribution, these limits might no longer be binding, and redistribution could further increase existing inequalities (making the rich richer) or reverse the income ordering to favor the once-poor (which can even be inequality increasing if redistribution is strong). In a laboratory experiment, we investigate redistribution via a novel smooth one-dimensional distribution mechanism that also allows for an increase or reversal of inequality. Decision-makers receive information about the recipients’ political orientation, nationality, or seat number during the experiment, and we vary the structure and source of income inequality (income is either earned, random, or unfair). We find most choices of the decision-makers involve redistribution, with only 8 % of choices sticking with the status quo. While most redistribution choices reduce inequality, a larger share—(18 %)—increase inequality by making the rich richer, 13 % of choices reduce overall inequality but make the poor the new rich, and 9 % increase inequality by making the poor very rich. Thus, 40 % of decisions are redistributions that are typically unobserved in common redistribution designs. Ingroup favoritism is a strong motive for redistribution in general, and it is the most important motive for redistribution to increase or reverse inequality. Indeed, 85 % of the inequality-increasing or reversing decisions favor the ingroup. Complementary eye-tracking data show that decision-makers’ attention to information about the recipients’ groups and to poor outliers are related to higher levels of redistribution.
With B. Renerte and T. Twardawski
Frontiers in Behavioral Economics
Organizational decisions are often made by groups rather than individuals. Depending on the group composition, each member’s characteristics—like gender and motivated beliefs—can influence the final group investment decision. To capture this, we design two types of investment situations in a randomized controlled laboratory experiment—one with fixed chances of success and one with performance-dependent chances of success. This novel design entails the perceived ability to “beat the odds” of the investment and thus models real-life investment situations more accurately than standard lottery choice. Our results demonstrate the benefits of mixed group composition in terms of both gender and overconfidence: Groups with all men and/or all overconfident group members consistently overinvest when a possibility to “beat the odds” is present, but not in standard situations. We explore several channels for our results and find that (i) individual probability perception, (ii) leader responsibility allocation and (iii) spillover effects from priming show significant effects.
With U. Fischbacher and B. Renerte
Games and Economic Behavior
People often have to judge the social motives of others, for example, to distinguish truly prosocial people from those merely trying to appear prosocial. Gaze can reveal the motives underlying social decisions, as decision-makers dedicate more attention to motive-relevant information. We extend the use of eye-tracking and apply it as a communication device by providing (real-time) eye-tracking information of one participant to another. We find that untrained observers can judge the prosociality of decision-makers from their eye-tracked gaze alone, but only if there are no strategic incentives to be chosen for a future interaction. When there are such strategic incentives, the cues of prosociality are invalidated, as both individualistic and prosocial decision-makers put effort into appearing more prosocial. Overall, we find that gaze carries information about a person’s prosociality, but also that gaze is malleable and affected by strategic considerations.
With B. Shevlin, S. Smith, and I. Krajbich
Proceedings of the National Academy of Sciences
With B. Shevlin, S. Smith, and I. Krajbich
Proceedings of the National Academy of Sciences
It is a widely held belief that people’s choices are less sensitive to changes in value as value increases. For example, the subjective difference between $11 and $12 is believed to be smaller than between $1 and $2. This idea is consistent with applications of the Weber-Fechner Law and divisive normalization to value-based choice and with psychological interpretations of diminishing marginal utility. According to random utility theory in economics, smaller subjective differences predict less accurate choices. Meanwhile, in the context of sequential sampling models in psychology, smaller subjective differences also predict longer response times. Based on these models, we would predict decisions between highvalue options to be slower and less accurate. In contrast, some have argued on normative grounds that choices between highvalue options should be made with less caution, leading to faster and less accurate choices. Here, we model the dynamics of the choice process across three different choice domains, accounting for both discriminability and response caution. Contrary to predictions, we mostly observe faster and more accurate decisions (i.e., higher drift rates) between high-value options. We also observe that when participants are alerted about incoming high-value decisions, they exert more caution and not less. We rule out several explanations for these results, using tasks with both subjective and objective values. These results cast doubt on the notion that increasing value reduces discriminability.
With M. Studler, L. R. R. Gianotti, K. Koch, L. Tarokh, A. Maric, and D. Knoch
NeuroImage
In everyday life, we have to make decisions under varying degrees of risk. Even though previous research has shown that the manipulation of sleep affects risky decision-making, it remains unknown whether individual, temporally stable neural sleep characteristics relate to individual differences in risk preferences. Here, we collected sleep data under normal conditions in fifty-four healthy adults using a portable high-density EEG at participants’ home. Whole-brain corrected for multiple testing, we found that lower slow-wave activity (SWA, an indicator of sleep depth) in a cluster of electrodes over the right prefrontal cortex (PFC) is associated with higher individual risk propensity. Importantly, the association between local sleep depth and risk preferences remained significant when controlling for total sleep time and for time spent in deep sleep, i.e., sleep stages N2 and N3. Moreover, the association between risk preferences and SWA over the right PFC was very similar in all sleep cycles. Because the right PFC plays a central role in cognitive control functions, we speculate that local sleep depth in this area, as reflected by SWA, might serve as a dispositional indicator of self-regulatory ability, which in turn reflects risk preferences.
With K. Koch, L. R. R. Gianotti, M. Studler, and D. Knoch
Journal of Cognitive Neuroscience
There are many situations where resources are distributed between two parties and where the deciding party has information about the initial distribution and can change its outcome, for example, the allocation of budget for funds or bonuses, where the deciding party might have self-interested motives. Although the neural underpinnings of distributional preferences of resources have been extensively studied, it remains unclear if there are different types of distributional preferences and if these types underlie different disposing neural signatures. We used source-localized resting EEG in combination with a data-driven clustering approach to participants’ behavior in a distribution game in order to disentangle the neural sources of the different types of distributional preferences. Our findings revealed four behavioral types: Maximizing types always changed initial distributions to maximize their personal outcomes, and compliant types always left initial distributions unchanged. Disadvantage-averse types only changed initial distributions if they received less than the other party did, and equalizing types primarily changed initial distributions to fair distributions. These behavioral types differed regarding neural baseline activation in the right inferior frontal gyrus. Maximizing and compliant types showed the highest baseline activation, followed by disadvantage-averse types and equalizing types. Furthermore, maximizing types showed significantly higher baseline activation in the left orbitofrontal cortex compared to compliant types. Taken together, our findings show that different types of distributional preferences are characterized by distinct neural signatures, which further imply differences in underlying psychological processes in decision-making.
With T. Baumgartner, M. dos Santos, and D. Knoch
Human Brain Mapping
The act of punishing unfair behavior by unaffected observers (i.e., third-party punishment) is a crucial factor in the functioning of human societies. In everyday life, we see different types of individuals who punish. While some individuals initiate costly punishment against an unfair person independently of what other observers do (independent punishers), others condition their punishment engagement on the presence of another person who punishes (conditional punishers). Still others do not want to partake in any sort of punishment (nonpunishers). Although these distinct behavioral types have a divergent impact on human society, the sources of heterogeneity are poorly understood. We present novel laboratory evidence on the existence of these three types. We use anatomical brain characteristics in combination with stated motives to characterize these types. Findings revealed that independent punishers have larger gray matter volume in the right temporo-parietal junction compared to conditional punishers and nonpunishers, an area involved in social cognition. Conditional punishers are characterized by larger gray matter volume in the right dorsolateral prefrontal cortex, a brain area known to be involved in behavioral control and strategic reasoning, compared to independent punishers and nonpunishers. Finally, both independent punishers and nonpunishers are characterized by larger gray matter volume in an area involved in the processing of social and monetary rewards, that is, the bilateral caudate. By using a neural trait approach, we were able to differentiate these three types clearly based on their neural signatures, allowing us to shed light on the underlying psychological mechanisms.
With K. v. Hesler and S. Goldlücke
Experimental Economics
We present an interactive eye-tracking study that explores the strategic use of gaze. We analyze gaze behavior in an experiment with four simple games. The game can either be a competitive (hide & seek) game in which players want to be unpredictable, or a game of common interest in which players want to be predictable. Gaze is transmitted either in real time to another subject, or it is not transmitted and therefore non-strategic. We find that subjects are able to interpret non-strategic gaze, obtaining substantially higher payoffs than subjects who do not see gaze. If gaze is transmitted in real time, gaze becomes more informative in the common interest games and players predominantly succeed to coordinate on efficient outcomes. In contrast, gaze becomes less informative in the competitive game.
With U. Fischbacher and D. Knoch
Journal of Economic Behavior and Organization
People differ in whether they like to be in control of a decision or whether they would happily delegate a decision. We explore the heterogeneity and the underlying factors of the participants’ values of decision-making power in an allocation choice between a fair and an unfair option. This allocation decision affects the outcomes of the deciding person and three other people in different ways. We find that people differ in their preference for keeping this social decision, and more than 85% never pay for delegating the choice. The value for keeping the decision-making power is affected by the strength, but not the direction of social preferences, and relates to the preference for keeping a useless decision, i.e. selecting the winning number of a lottery. The value of decision-making power is reflected in response times and both eye- and mouse-tracking.
With K. Barrafrem
Journal of Economic Psychology
This study contributes to the understanding of how individuals make choices for themselves and on behalf of others in a risky environment. In a laboratory eye-tracking experiment, we investigate whether risk preferences, decision error, and information processing differ between decisions made for oneself and on behalf of others. While we find no differences in risk preferences when deciding for oneself or for someone else, individuals have a greater decision error when deciding for others. Process data partly explains these differences. Individuals spend less time, have less fixations, and inspect less information when deciding for others. We detect similar processing patterns when comparing intuitive and deliberative decision making. We argue that the processing of decisions for oneself is more effortful and involves more extensive deliberation which, in turn, is related to less decision errors.
With A. Asri, Y. Lambi, and U. Fischbacher
R&R The Economic Journal
Inequality in wealth, income, and opportunities based on natural identities, especially
caste and gender, is widespread. One policy tool to “level the playing field” is Affirmative
Action (AA) policies. Previous research has shown that AA policies effectively increase
beneficiaries’ willingness to compete. However, most studies focus on resource heterogeneity
between groups, even though significant differences exist within groups. That is, a “creamy
layer” exists, a term coined by sociologists to refer to society’s wealthy, non-upper caste
members. This study investigates the effect of the group- and income-based AA policies
on willingness to compete, fairness perceptions about the AA policies, and intergroup relations with both within- and between-group inequality. In line with previous literature, the
willingness to compete in a Tullock contest increases for beneficiaries and does not decrease
for non-beneficiaries with within-group homogeneity; however, within-group heterogeneity
discourages non-beneficiaries. Regarding fairness, we find that participants find GB-AA
the least fair, especially with heterogeneity, even though everyone chooses the institution
according to their benefit as a social planner. We further find that the rich, creamy layer
among the beneficiaries of affirmative action is hated the most when points are deducted
from them, especially when they win the contest.
With A. Hirmas
In many hiring processes, job candidates are evaluated by intermediaries, such as human-resources
personnel and/or external recruiters. These intermediaries evaluate the candidates based on CVs and
other information, and preselect the candidates which they expect to be hired by the hiring manager.
As a result, intermediaries might preselect a biased pool of candidates if they are influenced by their
expectations about the hiring manager’s preferences, potentially including (unwarranted) discriminatory biases. We designed two incentivized experiments, where participants act as intermediaries and
predict how a hiring manager will evaluate candidates based on both job-relevant measures (e.g., aptitude and personality tests) and seemingly irrelevant factors such as gender. Importantly, they also
observe information about the hiring manager including their gender, age and math skills, allowing
us to test whether intermediaries differentially evaluate candidates depending on who they are hiring
for. We consistently find that intermediaries expect managers to prefer candidates of the same gender
as the manager (expected same-gender favoritism). Furthermore, by tracing the intermediaries’ visual
attention, we find that intermediaries who expect more same-gender favoritism, also look longer at the
candidates’ gender information. Accordingly, given the overrepresentation of men in managerial roles,
these results on expected same-gender favoritism highlight a novel mechanism in which discrimination
takes place in the labor market
With J. Kirschner, J. B. Engelmann, and N. Lee
Resubmitted
Sustaining shared resources and coordinating collectively for sustainable behavior are essential to human economic activities and environmental conservation. Ecolabels are widely used to signal sustainable practices and to influence individual consumer behavior, yet their role as a coordination device in common-pool resource problems remains largely unexplored. We test the impact of ecolabels on behavior in a dynamic common-pool resource dilemma with real economic and environmental incentives. In our lab experiment, groups of participants trade off short-term individual profits from resource extraction against long-term collective gains and resource preservation, a tension that induces high strategic uncertainty. We find that ecolabel significantly increase sustainable behavior, extending resource survival by 20-23% while also raising participants’ earnings. Results show that ecolabels set standards that facilitate early-on coordination on sustainable behavior, which is then maintained through conditional cooperation. Importantly, these effects arise even when ecolabels are purely symbolic, providing no direct monetary benefit, and they persist when participants interact with computerized others. Our findings uncover underexplored mechanisms of ecolabels that can affect individual and collective decision making, and suggest that, beyond consumer nudges, ecolabels can serve as policy instruments for promoting sustainable behavior and establishing shared sustainable standards.
With S. Resnjanskij
IFO working paper series 2018
We investigate the trade-off between the opportunity costs of decisions and their quality
in a simple model. In a lab experiment, we introduce exogenous variation in the
opportunity costs of time. Contrary to claims in the previous literature, we show that
using more time when making small-stake decisions does not indicate irrational
behavior, and neither does a positive correlation between decision time and the
probability of making mistakes. Such behavior is compatible with rational decisionmaking and our causal experimental evidence and, hence, does not imply that people
behave fundamentally irrational when making observable decision errors under risk.
With B. v. Leeuwen and Y. Takahashi
WP paper coming soon
With U. Fischbacher
With E. van Berlo and others
In this study, we investigated how spatial, temporal, and effort dimensions collectively influence reward discounting across different age groups. Using a 3D simulated environment, participants aged 7 to 77 chose between a nearby tree with fewer apples and a distant tree with more apples, requiring more time and effort to reach. Our findings revealed that participants initially preferred the distant tree with more apples, but as the difference in rewards decreased, they became increasingly more likely to choose the closer, less effortful option. This shift suggests a gradual re-evaluation of effort versus reward as the perceived value difference diminishes. Contrary to our hypothesis, younger participants were less likely to discount effortful rewards compared to middle-aged and older adults. These results underscore the complexity of decision-making across different dimensions and age groups, highlighting the need for more ecologically valid research in understanding how humans make trade-offs in naturalistic scenarios.
With U. Fischbacher and S. Goldlücke
With K. Hesler
Master · University of Amsterdam
Master · Tutorials · University of Amsterdam
Master · Tutorials · University of Amsterdam
Master · Lecturer and tutor · University of Amsterdam
Master · Tutorials · University of Amsterdam
Master · Seminar · University of Bern
Master · Seminar · University of Konstanz
Bachelor · Tutor · University of Konstanz
University of Konstanz
Bachelor · Tutor · University of Konstanz
Bachelor · Teaching assistant · McGill University
First supervisor of more than 20 master’s theses and second supervisor or reader of more than 15.
First supervisor: PhD Youssef Benchaabane (start 2025); postdoctoral researcher Martina Magličić.
Co-advisor: A. B. Hirmas (2025), J. Kirschner (expected defense 2026, as listed in the CV).
PhD thesis committees: Chih-Chung Ting and Li-Ang Chang.
CEBEX Summer School on Behavioral Sciences, Prague · Experimental Methods · 2022–2025.
Advanced Methods in Behavioral Economics, Mainz · Attention in Economics · 2021.
Guest lectures in Managerial Economics at Vrije Universiteit Brussels (2023) and Doing Research, an Introduction at the University of Amsterdam (2023).
MSc Business Economics · 2022
University teaching qualification · 2024
Recognition listed in the CV · 2024
Member, Advisory Board for Amsterdam Brain and Cognition (since 2020). Committee member, Amsterdam Brain and Cognition project grants (2022). Programme Committee Member, Master Economics & Business Economics (since 2023).
Workshop Attention, Stereotypes, and Gender, Tilburg (2024); EGPROC, Amsterdam (2022); Tinbergen Online Series on Attention (2021); Neuropsychoeconomics Meeting session (2021); ABC Networking Day (2021); Behavioral Decision-Making Workshop, Konstanz (2018).
Management Science; Experimental Economics; Theory and Decision; Journal of Economic Behavior & Organization; Journal of Economic Psychology; Journal of Behavioral Decision Making; Organization Science; Leadership Quarterly; Organizational Behavior and Human Decision Processes; Games and Economic Behavior; Cognitive Processing; PLOS ONE. Additional journal entry in the source CV: “Nature Communications Psychology.”
2025: Tilburg, Exeter, Leiden, WU Vienna, ESA World Beijing, and International Workshop on Brain and Managerial Decision Making at Zhejiang University.
2024: Hamburg, Kassel, International Conference on Social Dilemmas (Leiden), Experimental Economics for the Environment (Bochum), and Society for Neuroeconomics (Cascais).
2022: Keynote speaker, Prague Conference on Behavioral Sciences; keynote speaker, International Conference on Neuroeconomics and Neuromanagement; seminars at Zurich and Bern.
Advanced: Z-Tree, ORSEE, Stata, Office, Matlab. Basic: Python, R.
CREED · Faculty of Economics and Business · University of Amsterdam
Roetersstraat 11, 1018 WB Amsterdam, The Netherlands