Prof. Dr. Markus Nöth

Current research

• The Market for Financial Advice: An Audit Study, March 2012, NBER Working Paper No. 17929 (with Sendhil Mullainathan and Antoinette Schoar).
  
  cited in the press:
  Financial Times: Valuable advice on investment advisers Read more
  Time Magazine: Your Financial Adviser Might Be a Lemon Read more
  Forbes: Financial Advisors Encourage Bad Behavior Read more
  Reuters: Undercover operation shows broker advice missteps Read more
  CBS: Retail financial advisors looking out for themselves? Read more
  thinkprogress.org: Undercover Study Finds That Financial Advisers Put Profits Ahead Of Their Clients Read more
  advisorone.com: Most Advisors Caught Failing Clients in Research 'Sting' Read more

Refereed publications

• Walking the Talk in Multiparty Bargaining: An Experimental Investigation, 2012, Journal of Economic Psychology, Vol. 33, 278-291 (with Kathleen McGinn and Katherine L. Milkman).
• Interaktive Portfoliowahl: Informationsnachfrage und -darstellung, 2009, Die Betriebswirtschaft, 69.1 (Januar), 45-67.
• Information Aggregation with Costly Information and Random Ordering: Experimental Evidence, 2006, Journal of Economic Behavior and Organization 59.3 (March), 423-432 (with Carlo Kraemer and Martin Weber).
• Reduktion des Dispositionseffekts privater Anleger durch Einsatz technischer Handelsregeln, 2005, Zeitschrift für Betriebswirtschaftslehre 75.5 (Mai), 455-475.
• Informationserkennung und -kauf: Eine experimentelle Untersuchung, 2005, Zeitschrift für betriebswirtschaftliche Forschung 57.3, 129-154 (with Carlo Kraemer).
• Mergers and Acquisition: An Experimental Analysis of Synergies, Externalities and Dynamics, 2004, Review of Finance 8.4, 481-514 (with Rachel Croson, Armando Gomes, and Kathleen McGinn).
  nominated for Goldman Sachs Asset Management Prize
• Information Aggregation with Random Ordering: Cascades and Overconfidence, 2003, Economic Journal 113 (January), 166-189 (with Martin Weber).
• Insidererkennung in experimentellen Märkten, 1996, Zeitschrift für betriebswirtschaftliche Forschung 48 (November), 959-982 (with Martin Weber).
• Untersuchung der Renditestruktur im Markt der DM-Euroanleihen, 1995, Kredit und Kapital 28 (IV.), 535-568.

Books and book chapters

• Wechselwirkungen von Psychologie, Rationalität und Regulierung der Börse, 2008, in: Handelskammer Hamburg (eds) Die Hamburger Börse 1558 - 2008, Murmann Verlag, 246-258.
• Behavioral Finance, Handwörterbuch der Betriebswirtschaftslehre, 2007
  (mit Martin Weber); also in Wirtschaftslexikon (volume 02), 2006, 672-
  678, Schäffer Poeschel.
• Behavioral Finance, in: Harvey, Nigel und Derek Koehler (eds), Blackwell Handbook of Judgment and Decision Making, 2004, Chapter 26, 527-546 (with Markus Glaser and Martin Weber).
• Ausgewählte Experimente zur Informationsaggregation in Märkten, Schwaiger, Manfred und Dietmar Harhoff (eds), Empirie und Betriebswirtschaft - Entwicklungen und Perspektiven, Schäffer-Poeschel, Stuttgart, 2003, 105-138.
• Rationales und irrationales Herdenverhalten, Behavioral Finance Group - Volume 12, 2000 (with Martin Weber).
• Informationsaggregation und Insidererkennung in Finanzmärkten, Neue Betriebswirtschaftliche Forschung Band 242, Gabler Verlag, Wiesbaden, 1998.