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Holger Herz is a researcher with a focus on behavioral economics, particularly in the field of incentive contracts, nonstandard beliefs, errors in statistical reasoning, and their implications for economic models. His current projects explore how individuals systematically allow biases in their perceptions and beliefs to affect their decision-making processes. Herz's work emphasizes the importance of adjusting incentive theories to account for nonstandard preferences and errors in reasoning, challenging traditional assumptions about rational agents in economic literature. He aims to incorporate insights from behavioral economics into principal-agent frameworks to better understand and design effective incentive systems. Additionally, he conducts controlled experiments to test the behavioral predictions derived from his research.
Requirements apply to English-taught Master programs across SES and Science faculties.