Fakultät für Wirtschafts- und Sozialwissenschaften


Ruprecht-Karls-Universität Heidelberg



Prof. Dr. Stefan Trautmann

Fellow-Klasse 2021-22



Verhaltensökonomik, Entscheidungstheorie, Risikoforschung




  • Jan 2014 – Full Professor of Behavioral Finance (W3), Alfred-Weber-Institute for Economics, University of Heidelberg, Heidelberg, GER

  • Nov 2012 – Associate Professor (with tenure), Department of Economics, Tilburg University, Tilburg, NL

  • Sep 2010 − Oct 2012 Assistant Professor, Department of Economics, Tilburg University, Tilburg, NL

  • Sep 2008 − Aug 2010 Postdoctoral researcher, TIBER, Department of Social Psychology, Tilburg University, Tilburg, NL


  • 2009 PhD Economics (Erasmus University, NL), with honors

  • 2006 MPhil Economics (Tinbergen Institute, NL)

  • 2003 MSc (Diplom) Quantitative Economics (University of Kiel, GER)

Visiting Positions

  • May 2017 Visiting researcher, DNB Dutch Central Bank, NL

  • Nov 2013 Visiting researcher, Center for Advanced Studies CAS, LMU Munich, GER

  • Sep 2005 − Aug 2008 Visiting researcher, CREED, University of Amsterdam, NL

  • Jan 2008 − Mar 2008 Visiting researcher, Kennedy School of Government, Harvard University, USA

  • Nov 2007 − Dec 2007 Visiting researcher, Tilburg Institute of Behavioral Economics Research, University of Tilburg, NL


Building robust communities: embracing complexity and diversity?

Robustness is the ability, for a community, to withstand or overcome adverse conditions. Whereas what defines and makes communities robust is studied in different disciplines, there are few interdisciplinary approaches aiming at comparing how, across scales, similarities in building robust communities exist. Here, we propose to form a team to identify whether there are commonalities and differences in the way communities as seen by a biologist (molecules, cells, organisms), an ethnologist (structured social groups, cities) and an economist (rational economic actors) achieve a robust organization to ensure their cohesion and function in face of disruptive events. Our work will focus on the advantages/disadvantages of diversity and complex connectivity for the emergence of a robust community. We will examine these concepts in state-of-the-art work within our selected fields, consider the limits and potential of these concepts and compare them across disciplines. While this project has connections to the flagship initiative Transforming Cultural Heritage, it also links, albeit secondarily, to the Engineering Molecular System one.


Ausgewählte Publikationen:

  • Sutter, M., M. Kocher, D. Rützler, and S. T. Trautmann (2013). Impatience and Uncertainty: Experimental Decisions Predict Adolescents’ Field Behavior. American Economic Review 103, 510–531.

  • Noussair, C.N., S.T. Trautmann, and G. van de Kuilen (2014). Higher Order Risk Attitudes, Demographics, and Financial Decisions. Review of Economic Studies 81, 325−355.

  • Trautmann, S. T., G. van de Kuilen, and R. J. Zeckhauser (2013). Social Class and (Un)ethical Behavior: A Framework, With Evidence From a Large Population Sample. Perspectives on Psychological Science 8, 487–497.

  • Boksem, M.A.S, P.H. Mehta, B. van den Bergh, V. van Son, S. T. Trautmann, K. Roelofs, A. Smids, and A. G. Sanfey (2013). Testosterone Inhibits Trust, But Promotes Reciprocity. Psychological Science 24, 2306–2314.

  • Kocher, M., J. Pahlke, and S. T. Trautmann (2013). Tempus Fugit: Time Pressure in Risky Decisions. Management Science 59, 2380–2391.

  • Trautmann, S. T., F. M. Vieider and P. P. Wakker (2011). Preference Reversals for Ambiguity Aversion. Management Science 57, 1320–1333.

  • Brown, M., S.T. Trautmann, and R. E. Vlahu (2017). Understanding Bank-Run Contagion. Management Science 63, 2272–2282.

  • Trautmann, S. T., and G. van de Kuilen (2015). Belief Elicitation: A Horse Race among Truth Serums. Economic Journal 125, 2116-2135.

  • Trautmann, S. T., and G. van de Kuilen (2015). Ambiguity Attitudes. In: G. Keren and G. Wu (eds.), The Wiley Blackwell Handbook of Judgment and Decision Making, Blackwell, Chapter 3, 89-116.

  • Kocher, M. G., A. Lahno, and S. T. Trautmann (2018). Ambiguity aversion is not universal. European Economic Review 101, 268–283.

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Letzte Änderung: 10.06.2022
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