Dr. Sebastian Olschewski

Sebastian

Postdoctoral Research Assistant at Center for Economic Psychology

Research Fellow at Warwick Business School 

sebastian.olschewski@unibas.ch 

Research Interests

  • Cognitive Modeling of Economic Decision Making under Risk and Uncertainty
  • Behavioral Finance
  • Social Preferences & Fairness

Current Projects

  • Epistemic Uncertainty and Risk Taking: How good people are adapted to the cognitive limitations of information integration when taking risks.
  • Allocation of Effort and Risk Taking: How good people can allocate their effort into making good decisions under risk in the presence of opportunity costs.
  • Risky Choice and Complexity: How complexity affects decision strategies, choice consistency, and risk-taking. 
  • Uncertainty and Social Behavior: How learning and choosing under uncertainty unfolds in a social environment. 
  • Understanding of Financial Risks: How personal experience of investment returns can improve financial decision making.                                  

Selected Publications 

  • Olschewski, S., Luckman, A., Mason, A., Ludvig, E. A., & Konstantinidis, E. (2023). The future of decisions from experience: connecting real-world decision problems to cognitive processes. Perspectives on Psychological Science, online first. Paper
  • Olschewski, S., Newell, B. R., Oberholzer, Y., & Scheibehenne, B. (2021). Valuation and estimation from experience. Journal of Behavioral Decision Making, 34. Paper
  • Olschewski, S., Diao, L., & Rieskamp, J. (2021). Reinforcement learning about asset variability and correlation in repeated portfolio decisions. Journal of Behavioral and Experimental Finance, 32, 100559. 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: General, 147(4), 462. Paper

Research Profile: ORCID

Find my full list of publications on google scholar here.

For latest news find my twitter account here.

Work History

  • Since 2021: Postdoctoral Research Assistant, Department of Psychology, University of Basel
  • 2020 - 2021: SNF Postdoc Mobility Fellowship at Warwick Business School, Warwick University
  • 2018 - 2019: Postdoctoral Research Assistant, Department of Psychology, University of Basel
  • 2014 - 2017: Ph.D. Candidate, Department of Psychology, University of Basel 

Teaching Skills