Dr. Sebastian Olschewski


Research Assistant at Center for Economic Psychology


Research Profile: ORCID

Research Interests

  • Cognitive Modeling of Economic Decision Making
  • Behavioral Finance
  • Social Preferences & Fairness

Current Projects

  • Uncertainty and Social Behavior: How learning and choosing under uncertainty unfolds in a social environment. Pre-Print 
  • Estimation and Valuation of Uncertain Outcome Distributions: How biases in the estimation of number sequences affect economic valuations. Pre-Print  
  • Risky Choice and Complexity: How gamble complexity affects decision strategies and risk-taking. 
  • Measurement of Stochastic Utility Models: How estimation accuracy and parameter correlation depends on the researcher's design choices.  
  • Understanding of Financial Products: How experience and the interactive representation of returns can improve financial decision making.                                  

Selected Publications 

  • Hoffart, J. C.*, Olschewski, S.*, & Rieskamp, J. (2019). Reaching for the star ratings: A Bayesian-inspired account of how people use consumer ratings. Journal of Economic Psychology.  doi: 10.1016/j.joep.2019.02.008 Paper
  • Olschewski, S., Dietsch, M., & Ludvig, E. A. (2019). Anti-social motives explain increased risk aversion for others in decisions from experience. Judgment and Decision Making14(1), 58. Paper
  • Olschewski, S., Rieskamp, J., & Scheibehenne, B. (2018). Taxing cognitive capacities reduces choice consistency rather than preference: A model-based test. Journal of Experimental Psychology: General147(4), 462. Paper
  • Fleischhut, N., Artinger, F., Olschewski, S., Volz, K. G., & Hertwig, R. (2014). Sampling of social information: decisions from experience in bargaining. In 36th Annual Meeting of the Cognitive Science Society (pp. 1048-1053). Cognitive Science Society. Proceedings Paper

* Shared first author 

Work History

  • Since 2018:           Research Assistant, Department of Psychology, University of Basel
  • 2014 - 2017:         Ph.D. Candidate, Department of Psychology, University of Basel 

Teaching Skills