Research

Work-in-progress

Please see author pages on Google Scholar on SSRN 

Journal articles

A. Menkveld, A. Dreber, F. Holzmeister, J. Huber, M. Johannesson, M. Kirchler, S. Neusüss, M. Razen, U. Weitzel (coordinators), and 332 research team coauthors (forthcoming): “Non-Standard Errors.” Journal of Finance. (discussion paper) [AIP 1.00]

S. Füllbrunn, J. Huber, C. Eckel, U. Weitzel (forthcoming): “Heterogeneity of Beliefs and Trading Behavior — A Reexamination.” Journal of Financial and Quantitative Analysis: JFQA. (discussion paper) [AIP 0.95]

U. Weitzel, M. Kirchler (forthcoming): “The Banker’s Oath and Financial Advice.” Journal of Banking and Finance. (OPEN ACCESS article) (discussion paper) (data & code) [AIP 0.83]

R. Schwaiger, J. Huber, M. Kirchler, D. Kleinlerchner, U. Weitzel (2022): “Unequal Opportunities, Social Groups, and Redistribution: Evidence from Germany.” Journal of Behavioral and Experimental Economics. (OPEN ACCESS article) (discussion paper) [AIP 0.55]

K. Fairley, J. Vyrastekova; U. Weitzel; A.G. Sanfey (2022). “Beyond lottery-evoked ambiguity aversion: the neural signature of the types and the sources of uncertainty”, Neuroimage. 251: 119007 (OPEN ACCESS article) [AIP 0.94]

M. Kirchler, F. Lindner, S. Rosenkranz, U. Weitzel (2021). “Social Motives and Risk-Taking in Investment Decisions” Journal of Economic Dynamics and Control. 127: 104116 (discussion paper) (OPEN ACCESS article) (data & code) [AIP 0.81]

M. Kirchler, F. Lindner, U. Weitzel (2020). “Delegated Investment Decisions and Rankings” Journal of Banking and Finance. 120: 105952 (discussion paper) (OPEN ACCESS article) (data & code) [AIP 0.81]

F. Holzmeister, J. Huber, M. Kirchler, F. Lindner, U. Weitzel, S. Zeisberger (2020): “What Drives Risk Perception? A Global Survey with Financial Professionals and Lay People” Management Science. 66(9): Pages 3799-4358 (article) (discussion paper) (data) [AIP 0.97]

U. Weitzel, C. Huber, J. Huber, M. Kirchler, F. Lindner, J. Rose (2020): “Bubbles and Financial Professionals” The Review of Financial Studies. 33(6): 2659–2696 (OPEN ACCESS article) (discussion paper) (data) [AIP 0.99]

M. Razen, M. Kirchler, U. Weitzel (2020): “Domain-specific risk-taking among finance professionals.” Journal of Behavioral and Experimental Finance. 27 (Sept) (OPEN ACCESS article) [AIP 2021: 0.89]

DJ. Janssen, J. Li, J. Qiu, U. Weitzel (2020): “The Disposition Effect and Underreaction to Private Information.” Journal of Economic Dynamics and Control. 113: 103856 (article) (discussion paper) [AIP 0.83]

R. Schwaiger, M. Kirchler, F. Lindner, U. Weitzel (2020): “Determinants of investor expectations and satisfaction. A study with financial professionals.” Journal of Economic Dynamics and Control. 110: 103675 (OPEN ACCESS article) [AIP 0.83]

DJ. Janssen, S. Füllbrunn, U. Weitzel (2019): “Individual speculative behavior and overpricing in experimental asset markets” Experimental Economics. 22: 653-675 (OPEN ACCESS article) (discussion paper) (online appendix) [AIP 0.94]

F. Heinicke, S. Rosenkranz, U. Weitzel (2019): “The Effect of Pledges on the Distribution of Lying Behavior: an Online Experiment.” Journal of Economic Psychology. 73: 136-151 (article) (discussion paper) [AIP 0.75]

K. Fairley, J. Vyrastekova, U. Weitzel, A.G. Sanfey (2019): “Subjective beliefs about trust and reciprocity activate an expected reward signal in the ventral striatum” Frontiers in Neuroscience. 13 (June): 660 (OPEN ACCESS article) [AIP 0.87]

C. Rigtering, U. Weitzel, K. Muehlfeld (2019): “Increasing Quantity Without Compromising Quality: How Managerial Framing Affects Intrapreneurship.” Journal of Business Venturing. 34(2): 224-241 (OPEN ACCESS article) [AIP 0.96]

B. Westbrock, K. Muehlfeld, U.Weitzel (2019). “Selecting Legal Advisors in M&As: Organizational Learning and the Role of Multiplicity of Mental Models” Journal of Management. 45(5): 2193-2224 (article) (online appendix) (discussion paper) [AIP 0.98]

S. Füllbrunn, DJ. Janssen, U. Weitzel (2019): “Risk Aversion and Overbidding in First Price Sealed Bid Auctions: New Experimental Evidence” Economic Inquiry. 57(1): 631-647 (OPEN ACCESS article) [AIP 0.79]

M. Kirchler, F. Lindner, U. Weitzel (2018). “Rankings and Risk-Taking in the Finance Industry” The Journal of Finance. 73(5): 2271-2302 (article) (discussion paper) (data & code) [AIP 1.00]

U. Weitzel, G. Kling (2018). “Sold below value? Why takeover offers can have negative premiums” Financial Management. 47(2): 421-450 (judged by FM editors as top 3 paper) (article) (discussion paper)  [AIP 0.64]

S. Goyal, S. Rosenkranz, U. Weitzel, V. Buskens (2017). “Information Acquisition and Exchange in Social Networks.” The Economic Journal. 127(606): 2302–2331 (article) (discussion paper [earlier version]) [AIP 0.97]

D. Gerritsen, U. Weitzel. (2017). “Security analyst target prices as reference point and takeover completion.” Journal of Behavioral and Experimental Finance. 15: 1-14 (article) [AIP 2021: 0.89]

S.H. Danakol, S. Estrin, P. Reynolds, U. Weitzel (2017). Foreign direct investment via M&A and domestic entrepreneurship: blessing or curse? Small Business Economics. 48: 599–612 (OPEN ACCESS article) (SpringerLink article) [AIP 0.74]

K. Muehlfeld, D. Urbig, U. Weitzel. (2017). “Entrepreneurs’ Exploratory Perseverance in Learning Settings.” Entrepreneurship, Theory & Practice. 41(4): 533-565 (article) (discussion paper) [AIP 0.93]

K.Fairley, U.Weitzel (2017). “Ambiguity and risk measures in the lab and students’ real-life borrowing behavior.” Journal of Behavioral and Experimental Economics. 67: 85-98 (article) [AIP 0.45]

K.Fairley, A.Sanfey, J.Vyrastekova, U.Weitzel (2016). “Trust and Risk revisited.” Journal of Economic Psychology. 57: 74-85 (article) (Discussion paper [earlier version]) [AIP 0.82]

J. Qiu, U. Weitzel (2016). “Experimental Evidence on Valuation with Multiple Priors.” Journal of Risk and Uncertainty. 53(1): 55–74 (article) (discussion paper) [AIP 0.90]

McCarthy, K., Weitzel, U. & Dolfsma, W. (2016). “The first global merger wave and the enigma of Chinese performance.” Management and Organization Review. 12(2): 221-248 (article) [AIP 0.73]

G. Braam, M. Nandy, U. Weitzel, S. Lodh (2015): “Accrual-based and Real Earnings Management and Political Connections”, The International Journal of Accounting, 50(2): 111–141. (article) (discussion paper)

K. De Jaegher, S. Rosenkranz, U. Weitzel (2014): “Economic principles in communication: an experimental study” Journal of Theoretical Biology, 363: 62–7. (article) (discussion paper [earlier version]) [AIP 0.67]

S. Füllbrunn, H. Rau, U. Weitzel (2014): “Does Ambiguity Aversion Survive in Experimental Asset Markets?” Journal of Economic Behavior & Organization, 107: 810–26. (article) (discussion paper) [AIP 0.85]

U. Weitzel, G. Kling, D. Gerritsen  (2014): “Testing the Fire-Sale FDI Hypothesis for the European Financial Crisis”, Journal of International Money and Finance, 49: 211–34. (article) (discussion paper) [AIP 0.75]

G. Kling, A. Ghobadian, M. Hitt, U. Weitzel, N. O’Regan  (2014): “The effects of cross-border and cross-industry M&As on home-region and global MNEs”, British Journal of Management, 25(1): 116-132 (article) [AIP 0.77]

J.P.C. Rigtering, U. Weitzel (2013): “Work context and employee behaviour as antecedents for intrapreneurship”, International Entrepreneurship and Management Journal, 9(3): 337-360 (article) (discussion paper)

S. Desai, Z. Acs, U. Weitzel (2013): “A Model of Destructive Entrepreneurship: Insight on Conflict and Postconflict Recovery”, Journal of Conflict Resolution, 57(1): 20-40 (article) (discussion paper [earlier version])

M. Sanders, U. Weitzel (2013): “Mis-Allocation of Entrepreneurial Talent in Post-Conflict Environments”, Journal of Conflict Resolution, 57(1): 41-64 (article) (discussion paper [earlier version])

K. Muehlfeld, U. Weitzel, A. van Witteloostuijn (2013): “Fight or Freeze? Individual Differences in Investors’ Motivational Systems and Trading in Experimental Asset Markets”, Journal of Economic Psychology, 34: 195-209 (article) (discussion Paper)

S. Rosenkranz, U. Weitzel (2012): “Network Structure and Strategic Investments: An Experimental Analysis”, Games and Economic Behavior,  75(2): 898-920 (article) (discussion Paper [earlier version])

D. Urbig, U. Weitzel, S. Rosenkranz, A. van Witteloostuijn (2012): “Exploiting opportunities at all cost? Entrepreneurial intent and externalities”, Journal of Economic Psychology, 33(2): 379–393 (article) (discussion Paper)

K Muehlfeld, U. Weitzel, A. van Witteloostuijn (2011): “Mergers and acquisitions in the global food processing industry in 1986–2006”, Food Policy, 36(4): 466-479 (article)

G. Kling, U. Weitzel (2011): “The internationalization of Chinese companies: firm characteristics, industry effects and corporate governance”, Research in International Business and Finance, 25(3): 357-372 (article)

U. Weitzel, K.J. McCarthy (2011): “Theory and Evidence on Mergers and Acquisitions by Small and Medium Enterprises”, International Journal of Entrepreneurship and Innovation Management, 14(2/3): 248-275 (article) (Discussion paper: here or here)

U. Weitzel, D. Urbig, S. Desai, Z. Acs, M. Sanders (2010): “The good, the bad, and the talented: entrepreneurial talent and selfish behavior”, Journal of Economic Behavior and Organization, 76(1): 64-81 [Errata: Page 67, line 7 should be “P_d = -pM”; Page 67, line 8 should be “P_r = -((1-p)M)”] (article) (discussion Paper)

G. Kling, U. Weitzel (2010): “Endogenous mergers: Bidder momentum and market reaction”, Applied Financial Economics, 20: 243–254 (article)

E. Cefis, S. Rosenkranz, & U. Weitzel (2009): “Effects of coordinated strategies on product and process R&D”, Journal of Economics, 96(3): 193-222 (OPEN ACCESS article) (discussion Paper [earlier version])

S. Rosenkranz & U. Weitzel (2007): “Strategic Positioning of Alliances in Technological Life Cycles”, International Journal of the Economics of Business, 14(1): 135-149 (article)

U. Weitzel & S. Berns (2006): “Cross-border Mergers, Government Effectiveness, and Related Aspects of Corruption”, Journal of International Business Studies, 37: 786-806 (article)

Books, Chapters and Proceedings

U. Weitzel, S. Rosenkranz (2016) “Randomness and the Madness of Crowds.” In The Challenge of Chance – A Multidisciplinary Approach From Science And The Humanities, edited by Klaas Landsman and Ellen van Wolde, 250. Heidelberg: Springer. (chapter and book is OPEN ACCESS)

U. Weitzel, D. Urbig, S. Desai, M. Sanders, Z. Acs (2015) “The Good, the Bad, and the Talented: Entrepreneurial Talent and Selfish Behavior.” In Global Entrepreneurship, Institutions and Incentives, edited by Zoltan Acs, 672. Edward Elgar.

S. Desai, Z. Acs, U. Weitzel (2015) “A Model of Destructive Entrepreneurship: Insight for Conflict and Postconflict Recovery.” In Global Entrepreneurship, Institutions and Incentives, edited by Zoltan Acs, 672. Edward Elgar.

B. Westbrock, U. Weitzel, K. Muehlfeld (2013): “Connections versus Expertise of Legal Advisors, and Acquirers’ Failure to Learn”, Academy of Management Proceedings, January, 1 (abstract)

S. Danakol, E. Saul, P. Reynolds, U. Weitzel (2013) “Foreign direct investment and domestic entrepreneurship: what are the linkages?” Frontiers of Entrepreneurship Research, 33(15), Article 1 (abstract)

E. Diecidue, J. van de Ven, J., U. Weitzel (2012): “Shareholders’ Expectations, Aspiration Levels and Mergers” in McCarthy, K.J., Dolfsma, W. (eds.) “Understanding Mergers and Acquisitions in the 21st Century”, Palgrave Macmillan, pp.148-164. (discussion paper)

K.J. McCarthy and U. Weitzel (2012): “When bigger isn’t always better: A study of merger and acquisitions by small and medium enterprises” in McCarthy, K.J., Dolfsma, W. (eds.) “Understanding Mergers and Acquisitions in the 21st Century”, Palgrave Macmillan, pp.79-108. (Reprint from article in IJEIM, 2011) (discussion paper [earlier version])

K.J. McCarthy and U. Weitzel (2012): “Merger motives and the realization of gains” in McCarthy, K.J., Dolfsma, W. (eds.) “Understanding Mergers and Acquisitions in the 21st Century”, Palgrave Macmillan, pp.109-147. (chapter)

P. Jost, U. Weitzel (2010): „Strategic Conflict Management – A Game-Theoretical Introduction“, 2nd Edition (paperback), Edward Elgar, Cheltenham UK (order here)

D. Urbig, U. Weitzel (2009): “A plea for individually ‘irrational’ entrepreneurship: how entrepreneurial overconfidence affects payoffs of an entrepreneurial population”, Frontiers of Entrepreneurship Research, 29(6), art. 19 (summary)

U. Weitzel (2007): “Growth and Innovation Strategies in Global Competition”, in Saee, John (ed.), “Contemporary Coporate Strategy”, Routledge Studies in International Business and the World Economy, Routledge UK.

P. Jost, U. Weitzel (2007): „Strategic Conflict Management – A Game-Theoretical Introduction“, 1st Edition (hard cover), Edward Elgar, Cheltenham UK (EE Book Of The Month in Business and Management, Jan. 2008)

U. Weitzel (1996): „Unternehmensdynamik und globaler Innovationswettbewerb“, Beiträge zur betriebswirtschaftlichen Forschung (Braune Reihe), Gabler, Wiesbaden

U. Weitzel, D.H. Wellershoff, A. Wolff (1993): „Liquidationen und Privatisierungen – Der Fall Lacufa“ in: Albach, H. and Witt, P. (eds.): „Transformationsprozesse in ehemals Volkseigenen Betrieben“, Schäffer Poeschel Verlag, Stuttgart.

Reviews and Reports

S. Füllbrunn, DJ. Janssen, U. Weitzel (2020): Niet-bancaire kredietverlening – Een blik in de black box, Report to Dutch finance ministry, The Hague.

Muehlfeld, K.S., Rigtering, J.P.C. & Weitzel, Utz (01-06-2019). Masse und Klasse – Durch Framing innovatieve Ideen fördern. IM+io.

U. Weitzel, S. Rosenkranz, DJ. Janssen, J. Verhoeckx, A. Fenneman (2018): Rapport evaluatie wet beloningsbeleid financiële ondernemingen, Report to Dutch finance ministry, The Hague.

S. Rosenkranz, U. Weitzel, S. Danakol (2013): Foreign Direct Investment and Entrepreneurship, Report to the Dutch ministry of economic affairs, The Hague.

S. Rosenkranz, K. Muehlfeld, G. van der Laan, U. Weitzel (2013): Sustainable Decision Making: Non-Monetary Incentives for Pro-Social Behavior in the Energy Sector, Report to the Dutch ministry of economic affairs, The Hague.

U. Weitzel (2007) Review on “Microeconomics for MBAs” by R.B. McKenzie and D.R. Lee (CambridgeUniversityPress, 2006), De Economist (2)

U. Weitzel, T. Wichmann (2000): Virtual Mediators: B2B Marketplaces on the Internet, Report published by Berlecon Research,Berlin.

U. Weitzel (1996), Review on „Innovationsmanagement“ by F. Pleschak and H. Sabisch (UTB, 1996), Zeitschrift für Betriebswirtschaft (5)

U. Weitzel (1995), Review on „Innovationskooperationen zwischen Herstellern und Anwendern“ by E.M.W. Kirchmann (Deutscher Universitätsverlag, 1994), Zeitschrift für Betriebswirtschaft (7)

U. Weitzel (1993), Review on „Flexible Fertigungssysteme“ by H. Tempelmeier and H. Kuhn (Springer, 1992), Zeitschrift für Betriebswirtschaft (8)

U. Weitzel (1989): Die Kandidaten – Deutschsprachige Namibier fuer Verfassunggebende Versammlung nominiert, Namibia Nachrichten, 29./30. October

U. Weitzel (1989): Auch ohne blutige Koepfe – spannender Wahlkampf in Namibia, Namibia Nachrichten, 22./23. October

U. Weitzel (1989): Landesausstellung entwickelt sich immer mehr zur reinen Industriemesse, Namibia Nachrichten, 8./9. October