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«EDUCATION Habilitation, Charles University (Economics), October 2003 Ph.D., Texas A & M University (Economics), August 1991 M.S., University of Georgia ...»

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ANDREAS ORTMANN September 2009

School of Economics (room 460)

Australian School of Business



(61) 2 9385 3345 (office phone)

(61) 2 9313 6337 (office fax)

Web: www.economics.unsw.au (- Staff - Academic Staff - Andreas Ortmann)

Email: a.ortmann@unsw.edu.au, aortmann@yahoo.com

Economics Institute (EI),

Academy of Sciences of the Czech Republic

P.O.Box 882, Politickych veznu 7

111 21 Prague 1, Czech Republic (420) 224 005 117 (office) (49) 173 65 05 191 (mobile) Web: home.cerge-ei.cz/ortmann Email: andreas.ortmann@cerge-ei.cz, aortmann@yahoo.com


Habilitation, Charles University (Economics), October 2003 Ph.D., Texas A & M University (Economics), August 1991 M.S., University of Georgia (Economics), August 1987 B.A., University of Bielefeld, Germany (Political Economy & Mathematics), 1980


Professor of experimental and behavioural economics at Australian Business School, UNSW, Sydney, Australia, July 2009 - present Courses: Experimental and Behavioural Economics on all levels (undergraduate and graduate).

Visiting Professor at CIFREM, the University of Trento, Italy, January - April 2006 - 2009.

Course: Experimental Economics (PhD level) Visiting Scholar at Harvard Business School, Harvard University, Cambridge, MA, USA, September 2006 - August 2007.

Professor at CERGE, Charles University, and Senior Researcher at EI, Academy of Sciences of the Czech Republic, Prague, Czech Republic, May 29, 2008 (9/2005 by ESC standards) August 2009; since then visiting Senior Researcher at EI...

Courses: Microeconomics (third course in Ph.D. micro core sequence), Corporate Finance, Research Methodology seminar, Environmental Economics (undergraduate).

Associate Professor (“Docent”) at CERGE, Charles University, and Senior Researcher at EI, Academy of Sciences of the Czech Republic, Prague, Czech Republic, May 2004 February 2007.

Andreas Ortmann, September 2009 Page 2 Courses: Microeconomics (third course in Ph.D. micro core sequence), Industrial Organization (Ph.D. level), Research Methodology Seminar (Ph.D.level) Assistant Professor at CERGE, Charles University, and Senior Researcher at EI, Academy of Sciences of the Czech Republic, Prague, Czech Republic, May 2000 - April 2004.

Courses: Microeconomics (prep and third course in Ph.D. micro core sequence) Faculty Fellow in Economics and Administrative Science, Colby College, Waterville, ME,

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Research Fellow, Program on Nonprofit Organizations, Yale University, New Haven, CT, academic years 1995 - 1996 and 1999 - 2001.

Research Scientist, Center for Adaptive Behavior and Cognition, Max-Planck-Institut fuer Bildungsforschung, Berlin, Germany, academic year 1999 - 2000.

Course: The Rationality of Emotions (with G. Gigerenzer, seminar at Free U.) Research Scientist, Center for Adaptive Behavior and Cognition, Max-Planck-Institut fuer Psychologische Forschung, Munich, Germany, academic year 1996 - 1997.

Assistant Professor of Economics, Bowdoin College, Brunswick, ME, July 1991 - June 1999.

Courses: Industrial Organization, Theory and Practice of Games and Decisions, Mathematics for Modern Economics, Economics of Financial Markets, Modern Investment Theory, Germany in 1992, History of Economic Thought, Principles (Micro) Research Associate, Economics Department, Texas A & M University, College Station, TX, 1990 - 1991.

Instructor, Economics Department, Texas A & M University, College Station, TX, 1987 - 1990.

Courses: Money and Banking, History of Economic Thought, Principles (Micro and Macro), Mathematics for Dynamic Modeling Research Assistant and Experimental Economics Laboratory Technician, Economics Department, Texas A & M University, College Station, TX, 1985 - 1988.

Teaching Assistant and Instructor, Mathematics Department, University of Georgia, Athens, GA, 1984 - 1985.

Courses: Calculus, Functions and Graphs, College Algebra


“How Uncertain is the Uncertainty Effect?” (with Ondrej Rydval, Sasha Prokosheva, and Ralph Hertwig), Experimental Economics, forthcoming.

–  –  –

“Introduction” to Reinhard Selten, Essays On Bounded Rationality and Related Topics:

Selected Essays, Cheltenham, UK: Edward Elgar Publishing, forthcoming.

“Do Self-Regulation Clubs Work? Some Evidence from Europe and Some Caveats From Economic Theory,” (with Katarina Svitkova), in M.K. Gugerty & A. Prakash (eds.), Nonprofit Accountability Clubs: Voluntary Regulation of Nonprofit and Nongovernmental Organizations, Cambridge University Press, forthcoming.

“Certification and Self-Regulation of Non-Profits, and the Institutional Choice Between Them,” (with Jan Myslivecek), in B. Seaman & D. Young (eds.), Nonprofit Management and Economics, Elsevier, forthcoming.

“Economic Theories of Nonprofit Organization,” (with Petra Brhlikova), in H.K. Anheier & S.

Toepler (eds.), International Encyclopedia of Civil Society, Springer, forthcoming.

“Prospecting NeuroEconomics”, Economics & Philosophy, 24.3,, 2008, 431-448.

“Are the Unskilled Really that Unaware? An Alternative Explanation,” (with Marian Krajc), Journal of Economic Psychology, 29.6., 2008, 724 - 738.

“The Unbundling Regime for Electricity in the EU: A Case of Legislative and Regulatory Capture? (with Silvester van Koten), Energy Economics, 30, 2008, 3128 - 3140.

“The Recognition Heuristic: A Fast and Frugal Way to Investment Choice?,” (with Bernhard Borges, Gerd Gigerenzer and Dan Goldstein), pp. 993 - 1003 in C.R. Plott & V.L. Smith (eds.), Handbook of Experimental Economics Results, Elsevier 2008.

“A First Experimental Test of Multilevel Game Theory: The PD Case,” (with Kjell Hausken), Applied Economics Letters, 15.4., 2008, 261 - 264.

“Deception in Social Psychological Experiments: Two Misconceptions and a Research Agenda,” (with Ralph Hertwig), Social Psychology Quarterly, 71.3., 2008, 222 - 227.

“Deception in Experiments: Revisiting the Arguments in Its Defense,” (with Ralph Hertwig), Ethics and Behavior 18.1., 2008, 59 - 92.

“Three Prominent Tournament Formats: Predictive Power and Costs” (with Dmitry Ryvkin), Management Science 54.3., 2008, 492 - 504.

“Comparing Guessing Games with Homogeneous and Heterogeneous Players: Experimental Results and a CHM Explanation,” (with Eugen Kovac and Martin Vojtek). Economics Bulletin 3, no. 9 (February 12), 2008, 1 - 16.

“When and Why? A Critical Review of Coordination Failure in the Laboratory,” (with Giovanna Devetag), Experimental Economics 10, 2007, 331 - 344.

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“The Effects of Costless Pre-play Communication: Experimental Evidence from Games with Pareto-ranked Equilibria,” (with Andreas Blume), Journal of Economic Theory 132, 2007, 274

- 290.

“Certification As a Viable Quality Assurance Mechanism in Transition Economies: Evidence, Theory, and Open Questions," (with Katarina Svitkova), Prague Economic Papers, 16.2., 2007, 99 - 114.

“Capital Romance: Why Wall Street Fell in Love With Higher Education,” pp. 145 - 166 in D.

W. Breneman, B. Pusser, and S.E. Turner (eds.), Earnings from Learning: The Rise of For-profit Universities. Albany, NY: SUNY Press, 2006. [revised version of the 2001 Education Economics article with the same title] “A Behavioral Approach to Distribution and Bargaining,” (with Werner Gueth), pp. 405 - 422 in M. Altman (ed.), Foundations and extensions of behavioral economics: A handbook, Armonk, NY: M.E. Sharpe Publishers, 2006.

“Understanding Corruption and Corruptibility Through Experiments: A Primer,” (with Libor Dusek and Lubomir Lizal). Prague Economic Papers 14.2., 2005, 147-163.

“Field Experiments: Some Methodological Caveats,” pp. 51-70 in J. Carpenter, G.W. Harrison and J.A. List (eds.), Field Experiments in Economics. Greenwich, CT: JAI Press, Research in Experimental Economics, Volume 10, 2005.

“Loss avoidance as selection principle: Evidence from simple stag-hunt games,” (with Ondrej Rydval), Economics Letters 88.1., 2005, 101-107.

“How financial incentives and cognitive abilities affect task performance in laboratory settings:

an illustration,” (with Ondrej Rydval), Economics Letters 85.3., 2004, 315-320.

“The Cognitive Illusions Controversy: A Methodological Debate in Disguise That Matters To Economists,” (with Ralph Hertwig), pp. 113-130 in R. Zwick and A. Rapoport (eds.), Experimental Business Research III, Boston, MA: Kluwer, 2004.

Essays on the Theory and Practice of Strategic Behavior. Habilitation Univerzita Karlova v Praze, Fakulta Socialnich Ved, 2003.

Review essay: Charles A. Plott’s Collected Papers on the Experimental Foundations of Economic and Political Science (2001), three volumes. Journal of Economic Psychology 24, 2003, 555

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“Economists’ and Psychologists’ Experimental Practices: How They Differ, Why They Differ, And How They Could Converge,” (with Ralph Hertwig), pp. 253-272 in I. Brocas and J. Carrillo (eds.), The Psychology of Economic Decisions, Oxford University Press, 2003.

“Bertrand Price-undercutting: A Brief Classroom Demonstration,” Journal of Economic Education 34.1., 2003, 21-26.

“The Costs of Deception: Evidence From Psychology,” (with Ralph Hertwig), Experimental Economics 5.2., 2002, 111-131.

“Money, lies, and replicability: On the need for empirically grounded experimental practices and interdisciplinary discourse," (with Ralph Hertwig), Behavioral and Brain Sciences 24, 2001, 433-451.

“Experimental Practices in Economics: A Challenge for Psychologists?

[target article],” (with Ralph Hertwig), Behavioral and Brain Sciences 24, 2001, 383-403.

“Capital Romance: Why Wall Street Fell in Love With Higher Education,” Education Economics 9.3., 2001, 293-311.

“How can we open up the adaptive toolbox?” (with Gerd Gigerenzer, Peter M. Todd, et al.), Behavioral and Brain Sciences 23.6., 2000, 767-777.

“Trust, Reciprocity, and Social History: A Re-examination” (with John Fitzgerald and Carl Boeing), Experimental Economics 3.3., 2000, 81-100. [Reprinted in E.L. Khalil (ed), Trust, Edward Elgar Publishing, 2003, pp. 427-446.] “A Game-theoretic Explanation of the Administrative Lattice in Institutions of Higher Learning,” (with Richard C. Squire), Journal of Economic Behavior and Organization 43.3., 2000, 377-392.

“Understanding Gender Effects in the Laboratory: Evidence from Prisoner’s Dilemma Games,” (with Lisa Tichy), Journal of Economic Behavior and Organization 39.3, 1999, 327-339.

“Reasoning in Economics and Psychology: Why Social Context Matters,” (with Gerd Gigerenzer), pp. 131-145 in M.E. Streit, U. Mummert and D. Kiwit (eds.), Cognition, Rationality, and Institutions, Springer, 2000.[Revised version of the 1997 JITE article with the same title].

“Introduction” to Reinhard Selten, Game Theory and Economic Behaviour: Selected Essays (two volumes), Cheltenham, UK: Edward Elgar Publishing, 1999.

“Demons versus Heuristics in Artificial Intelligence, Behavioral Ecology, and Economics,” (with Seth Bullock, Jennifer Davis, Adam Goodie and Greg Werner), pp. 327-355 in Gerd Gigerenzer, Peter Todd, & the ABC Research Group, Simple Heuristics That Make Us Smart, Oxford University Press, 1999.*

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Goldstein), pp. 59-72 in Gerd Gigerenzer, Peter Todd, & the ABC Research Group, Simple Heuristics That Make Us Smart, Oxford University Press, 1999.* [* Simple Heuristics That Make Us Smart was selected by Behavioral and Brain Sciences as target book.] Review Essay: Hansmann (1996), The Ownership of Enterprise, Nonprofit and Voluntary Sector Quarterly 28.2, 1999, 225-233.

[See also Hansmann’s response in NVSQ 29.1., 179-184.] “The Nature and Causes of Corporate Negligence, Sham Lectures, and Ecclesiastical Indolence:

Adam Smith on Joint-Stock Companies, Teachers, and Preachers,” History of Political Economy 31.2, 1999, 297-315.

“The Question Remains: Is Deception Acceptable?” (with Ralph Hertwig), American Psychologist 53.7, 1998, 806-807.

“Is Deception Acceptable?” (with Ralph Hertwig), American Psychologist 52.7, 1997, 746-747.

“How to Survive in Postindustrial Environments: Adam Smith's Advice for Today's Colleges and Universities,” Journal of Higher Education 68.5, 1997, 483-501.

“Reasoning in Economics and Psychology: Why Social Context Matters,” (with Gerd Gigerenzer), Journal of Institutional and Theoretical Economics 153.4, 1997, 700-710.

Review essay: Vivienne Brown (1995), Adam Smith's Discourse, (with David Collings), in Jeff Biddle and Warren Samuels (eds.), Research in the History of Economic Thought and Methodology 15, 1997, 329-336.

“A Simple Principal-Agent Experiment for the Classroom,” (with David C. Colander), Economic Inquiry 35.2, 1997, 443-450.

“Trust, Repute, and the Role of Nonprofit Enterprise,” (with Mark Schlesinger) Voluntas, 8.2, 1997, 97-119.

“Modern Economic Theory and the Study of Nonprofit Organizations: Why the Twain Shall Meet,” Nonprofit and Voluntary Sector Quarterly 25.4, 1996, 470-484.

Review essay (Invited): Young and Steinberg (1995), Economics for Nonprofit Managers; Oster (1995), Strategic Management for Nonprofit Organizations; Clotfelter (1992), Who Benefits from the Nonprofit Sector?; Zamagni (1995), The Economics of Altruism, Nonprofit and Voluntary Sector Quarterly 25.2, 1996, 248-258.

“Yes, Adam Smith was an Economist -- A Very Modern One Indeed. A Reply,” (with Stephen J.

Meardon), Rationality and Society 8.3, 1996, 348-352.

–  –  –

Experiments in Teaching and Understanding Economics, (with David C. Colander), Irwin, 1995.

“The Ordinary Business of Students' Lives, or, Business as Usual? A plea for the incorporation of game theory, experiments, and experiential learning into the principles course,” (with Akiba T. M. Scroggins), pp. ??-?? in Nahid Aslanbeigui and Michele I. Naples (eds.), Rethinking Economic Principles: Critical Essays on Introductory Textbooks, Irwin, 1995.

“A Game-Theoretic Re-Evaluation of Adam Smith's Theory of Moral Sentiments and Wealth of Nations,” (with Stephen J. Meardon), pp., 43-61 in Ingrid Rima (ed.), The Classical Tradition in Economic Thought, Proceedings of 20th HES meetings, Elgar 1995.

“On the Origin of Conventions: Evidence from Symmetric Bargaining Games,” (with John van Huyck, et al.), International Journal of Game Theory 24.2, 1995, 187-212.

“Should Class Attendance Be Mandatory?” Journal of Economic Perspectives 8.3, 1994, 213-14.

–  –  –

Review of Vernon L. Smith (2008). Discovery - A memoir. Journal of Economic Psychology, forthcoming.

Review of Abdolkarim Sadrieh & Joachim Weimann (Eds.) (2008). Experimental Economics in Germany, Austria, and Switzerland. A collection of papers in honor of Reinhard Tietz, Journal of Economic Psychology, forthcoming.

Review of Robert Hahn & Paul Tetlock (Eds.) (2006), Information Markets: A New Way of Making Decisions (with Katarina Kalovcova), Journal of Economic Psychology, 29.1., 2008, 123-125.

Review of Hideaki Tamura (2006), Human Psychology and Economic Fluctuations. A New Basic Theory of Human Economics (with Sergey Slobodyan), Journal of Economic Psychology, 28.5., 2007, 628-629.

Review of Jerry Evensky(2005), Adam Smith’s Moral Philosophy and Gavin Kennedy (2005), Adam Smith’s Lost Legacy History of Political Economy 39.2., 2007, 326 - 329.

Review of Malcom Gladwell (2005), Blink. The Power of Thinking without Thinking. Journal of Economic Psychology 27.6., 2006, 805-807.

Review of Nicola Giocoli (2003), Modeling Rational Agents. From Interwar Economics to Early Modern Game Theory. History of Political Economy 37.1, 2005, 161-164.

“Proper Experimental Design and Implementation Are Necessary Conditions for a Balanced Social Psychology,” (comment on a target article by Krueger and Funder, with Michal Ostatnicky), Behavioral and Brain Sciences 27.3, 2004, 352-353.

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