Jörg Rieskamp

Head of Center for Economic Psychology

joerg.rieskamp@unibas.ch

Measuring risk preferences
Testing and comparing different methods of eliciting people's risk preferences
Context effects of decision making
People often violate concerstones of economic theory, due to different context effects. In this project we develop and test cognitive models to explain these violations.
Sequential Sampling Models of Decision Making
What are the cognitive, motivational and social capabilities that have a major impact on people's investment decisions.

Albrecht, R., Jenny, M. A., Nilsson, H., & Rieskamp, J. (2021). The Similarity-Updating Model of Probability Judgment and Belief Revision. Psychological Review, 128(6), 1088-1111. doi:10.1037/rev0000299
Fontanesi, L., Gluth, S., Spektor, M. S., & Rieskamp, J. (2019). A reinforcement learning diffusion decision model for value-based decisions. Psychonomic Bulletin and Review, 26(4), 1099-1121. doi:10.3758/s13423-018-1554-2
Mechera-Ostrovsky, T., Heinke, S., Andraszewicz, S., & Rieskamp, J. (2022). Cognitive abilities affect decision errors but not risk preferences: A meta-analysis. Psychonomic Bulletin and Review, 29(5), 1719-1750. doi:10.3758/s13423-021-02053-1
Olschewski, S., & Rieskamp, J. (2021). Distinguishing three effects of time pressure on risk taking: Choice consistency, risk preference, and strategy selection. Journal of Behavioral Decision Making, 34(4), 541-554. doi:10.1002/bdm.2228
Spektor, M. S., Gluth, S., Fontanesi, L., & Rieskamp, J. (2019). How similarity between choice options affects decisions from experience: The accentuation-of-differences model. Psychological Review, 126(1), 52-88. doi:10.1037/rev0000122

Editorial Review Services

European Research Council (ERC, 2022): Panel Member - Starting Grant
Psychological Review (since 2001-) Editorial board member
Journal of Experimental Psychology: Learning, Memory, & Cognition (2021-2024) Associate Editor

Work History

2008-present: Professor for Economic Psychology, Department of Psychology, University of Basel
2002-2008: Research scientist, Max-Planck-Institut for Human Development, Berlin
2001-2002: Postdoctoral researcher, Department of Psychology, Indiana University
1998-2001: Ph.D. Candidate, Max-Planck-Institute for Human Development, Berlin