Utz Weitzel

Research Fellow

Vrije Universiteit Amsterdam

Finance

Behavioral Finance, Corporate Finance, Field Experiments, Finance, Networks

Biography

Utz Weitzel is Professor of Experimental Finance at the VU Amsterdam and at Radboud University. Previously he was Professor of Finance at Utrecht University. He received a PhD from the Humboldt-University Berlin, was a post-doc at the J.L. Kellogg Graduate School of Management, and a Research Fellow at the Max Planck Institute of Economics. He is director of the Society for Experimental Finance. His research focuses on experimental finance/economics and behavioral finance.

Key publications

Menkveld, A., Dreber, A., Holzmeister, F., Huber, J., Johanesson, M., Kirchler, M., Razen, M., Weitzel, U., Vladimirov, V., Caskurlu, T. and co-authors, O. (2024). Nonstandard Errors The Journal of Finance, :.

Rezaei, S., Rosenkranz, S., Weitzel, U. and Westbrock, B. (2024). Social preferences on networks Journal of Public Economics, 234:1--28.

Weitzel, U., Huber, C., Huber, J., Kirchler, M., Lindner, F. and Rose, J. (2020). Bubbles and financial professionals Review of Financial Studies, 33(6):2659--2696.

Kirchler, M., Lindner, F. and Weitzel, U. (2018). Rankings and Risk-Taking in the Finance Industry The Journal of Finance, 73(5):2271--2302.

Goyal, S., Rosenkranz, S., Weitzel, U. and Buskens, V. (2017). Information Acquisition and Exchange in Social Networks Economic Journal, 127(606):2302--2331.

List of publications

Füllbrunn, S., Huber, C., Eckel, C. and Weitzel, U. (2024). Heterogeneity of Beliefs and Trading Behavior: A Reexamination Journal of Financial and Quantitative Analysis, 59(3):1337--1361.

Rezaei, S., Rosenkranz, S., Weitzel, U. and Westbrock, B. (2024). Social preferences on networks Journal of Public Economics, 234:1--28.

Weitzel, U. and Kirchler, M. (2023). The Banker's oath and financial advice Journal of Banking and Finance, 148(March):1--14.

Schwaiger, R., Huber, J., Kirchler, M., Kleinlercher, D. and Weitzel, U. (2022). Unequal opportunities, social groups, and redistribution: Evidence from Germany Journal of Behavioral and Experimental Economics, 100:1--21.

Lindner, F., Kirchler, M., Rosenkranz, S. and Weitzel, U. (2021). Social Motives and Risk-Taking in Investment Decisions Journal of Economic Dynamics and Control, 127:1--16.

Schwaiger, R., Kirchler, M., Lindner, F. and Weitzel, U. (2020). Determinants of investor expectations and satisfaction. A study with financial professionals Journal of Economic Dynamics and Control, 110:.

Janssen, D.J., Li, J., Qiu, J. and Weitzel, U. (2020). The disposition effect and underreaction to private information Journal of Economic Dynamics and Control, 113:1--28.

Weitzel, U., Huber, C., Huber, J., Kirchler, M., Lindner, F. and Rose, J. (2020). Bubbles and financial professionals Review of Financial Studies, 33(6):2659--2696.

Kirchler, M., Lindner, F. and Weitzel, U. (2020). Delegated investment decisions and rankings Journal of Banking and Finance, 120:1--10.

Füllbrunn, S., Janssen, D.J. and Weitzel, U. (2019). Risk aversion and overbidding in first price sealed bid auctions.: New experimental evidence Economic Inquiry, 57(1):631--647.

Heinicke, F., Rosenkranz, S. and Weitzel, U. (2019). The effect of pledges on the distribution of lying behavior: An online experiment Journal of Economic Psychology, 73:136--151.

Janssen, D.J., Füllbrunn, S. and Weitzel, U. (2019). Individual speculative behavior and overpricing in experimental asset markets Experimental Economics, 22(3):653--675.

Kirchler, M., Lindner, F. and Weitzel, U. (2018). Rankings and Risk-Taking in the Finance Industry The Journal of Finance, 73(5):2271--2302.

Weitzel, U. and Kling, G. (2018). Sold Below Value? Why Takeover Offers Can Have Negative Premiums Financial Management, 47(2):421--450.

Goyal, S., Rosenkranz, S., Weitzel, U. and Buskens, V. (2017). Information Acquisition and Exchange in Social Networks Economic Journal, 127(606):2302--2331.

Fairley, K. and Weitzel, U. (2017). Ambiguity and risk measures in the lab and students’ real-life borrowing behavior Journal of Behavioral and Experimental Economics, 67:85--98.

Danakol, S.H., Estrin, S., Reynolds, P. and Weitzel, U. (2017). Foreign direct investment via M&A and domestic entrepreneurship: blessing or curse? Small Business Economics, 48(3):599--612.

Qiu, J. and Weitzel, U. (2016). Experimental evidence on valuation with multiple priors Journal of Risk and Uncertainty, 53(1):55--74.

Fairley, K., Sanfey, A., Vyrastekova, J. and Weitzel, U. (2016). Trust and risk revisited Journal of Economic Psychology, 57:74--85.

Füllbrunn, S., Rau, HolgerA. and Weitzel, U. (2014). Does ambiguity aversion survive in experimental asset markets? Journal of Economic Behavior and Organization, 107(PB):810--826.

Weitzel, U., Kling, G. and Gerritsen, D. (2014). Testing the fire-sale FDI hypothesis for the European financial crisis Journal of International Money and Finance, 49(PB):211--234.

Muehlfeld, K., Weitzel, U. and van Witteloostuijn, A. (2013). Fight or freeze? Individual differences in investors' motivational systems and trading in experimental asset markets Journal of Economic Psychology, 34:195--209.

Rosenkranz, S. and Weitzel, U. (2012). Network structure and strategic investments: An experimental analysis Games and Economic Behavior, 75(2):898--920.

Urbig, D., Weitzel, U., Rosenkranz, S. and Witteloostuijn, A.V. (2012). Exploiting opportunities at all cost? Entrepreneurial intent and externalities Journal of Economic Psychology, 33(2):379--393.

Muehlfeld, K., Weitzel, U. and van Witteloostuijn, A. (2011). Mergers and acquisitions in the global food processing industry in 1986-2006 Food Policy, 36(4):466--479.

Weitzel, U., Urbig, D., Desai, S., Sanders, M. and Acs, Z. (2010). The good, the bad, and the talented: Entrepreneurial talent and selfish behavior Journal of Economic Behavior and Organization, 76(1):64--81.

Cefis, E., Rosenkranz, S. and Weitzel, U. (2009). Effects of coordinated strategies on product and process R&D Journal of Economics, 96(3):193--222.