Dr. Holger Herz

Biography

Holger Herz is a faculty member at the University of Fribourg in the Faculty of Management, Economics, and Social Sciences. His research interests center on behavioral economics, particularly in the context of incentive contracts and statistical reasoning errors. Herz's work includes analyzing how nonstandard beliefs and biases affect decision-making processes, especially in economic contexts where individuals tend to systematically misinterpret information. He currently holds a project focused on the implications of these biases in risk perception and their effect on performance evaluation in organizations. His research proposes that traditional models, which typically assume rational agent behavior, fall short when addressing the complexities of human perception and belief formation. Through controlled experiments, Herz aims to bridge the gap between behavioral economics and principal-agent theory, aiming to improve incentive system designs within institutions. He has undertaken significant projects that explore subjective performance evaluations, motivated beliefs, and the biases inherent in information processing, promoting a deeper understanding of human behavior in economic settings.

Research Interests

Experience