Publications

Key publications

• Fink, J., Palan, S., Theissen, E., Forthcoming. Earnings autocorrelation and the post-earnings-announcement drift. Journal of Financial and Quantitative Analysis 59(6), 2799-2837. Published version | Working paper

• Seifert, M., Spitzer, F., Haeckl, S., Gaudeul, A., Kirchler, E., Palan, S., Gangl, K., 2024. Can information provision and preference elicitation promote ESG investments? Evidence from a large, incentivized online experiment in Austria. Journal of Banking & Finance 161, 107114. Published version | AI-generated audio deep dive

• Huber, J., Inoua, S., Kerschbamer, R., König-Kersting, C., Palan, S., Smith, V. L., 2022. Nobel and novice: Author prominence affects peer review., Proceedings of the National Academy of Sciences 119(41), e2205779119. Published version | AI-generated audio deep dive | Working paper | Dataset

All publications

1. Fink, J., Palan, S., Theissen, E., Forthcoming. Trading frictions and the post-earnings-announcement drift. Journal of Economics and Business, 106216. Published paper | AI-generated audio deep dive | Working paper | Dataset

2. Füllbrunn, S., Palan, S., 2025. Experimental Finance. In: Encyclopedia of Behavioral and Experimental Economics, Edward Elgar Publishing, ISBN 9781802207729. Published version

3. Fink, J., Palan, S., Theissen, E., 2024. Earnings autocorrelation and the post-earnings-announcement drift. Journal of Financial and Quantitative Analysis 59(6), 2799-2837. Published version | Working paper | Dataset

4. Fišar, M., Greiner, B., Huber, C., Katok, E., Ozkes, A., Management Science Reproducibility Collaboration, 2024. Reproducibility in Management Science. Management Science 70(3), 1343-1356. Published version | AI-generated audio deep dive | Working paper

5. Menkveld, A. J., Dreber, A., Holzmeister, F., Huber, J., Johannesson, M., Kirchler, M., Neusüss, S., Razen, M., Weitzel, U., et al., 2024. Non-standard errors, Journal of Finance 79(3), 2339-2390. Published version | Working paper

6. Mitterbacher, K., Fleiß, J., Palan, S., 2024. Reciprocity in migration policy and labor market integration: A lab experiment. Economic Analysis and Policy 81, 1-16. Published version | AI-generated audio deep dive | Working paper | Dataset

7. Mitterbacher, K., Palan, S., Fleiß, J., 2024. Intergroup cooperation in the lab: asymmetric power relations and redistributive policies. Empirica 51, 877-912. Published paper | AI-generated audio deep dive | Working paper | Dataset

8. Schmidt, D., Stöckl, T., Palan, S., 2024. Voting for insider trading regulation. An experimental study of informed and uninformed traders’ preferences. Journal of Banking & Finance 169, 107295. Published paper | Dataset

9. Seifert, M., Spitzer, F., Haeckl, S., Gaudeul, A., Kirchler, E., Palan, S., Gangl, K., 2024. Can information provision and preference elicitation promote ESG investments? Evidence from a large, incentivized online experiment in Austria. Journal of Banking & Finance 161, 107114. Published version | AI-generated audio deep dive

10. Merl, R., Palan, S., Schmidt, D., Stöckl, T., 2023. Insider trading regulation and trader migration. Journal of Financial Markets 66, 100839. Published version | Dataset

11. Merl, R., Stöckl, T., Palan, S., 2023. Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions, Journal of Banking & Finance 154, 106490. Published version | AI-generated audio deep dive | Working paper | Dataset

12. Rose, J., Kirchler, M., Palan, S., 2023. Status and reputation nudging. Journal of Behavioral and Experimental Economics 105, 102031. Published version | Working paper | Dataset

13. Holzmeister, F., Huber, C., Palan, S., 2022. A Critical Perspective on the Conceptualization of Risk in Behavioral and Experimental Finance, in: Füllbrunn, S., Haruvy, E., eds.: Handbook of Experimental Finance, Edward Elgar, 408-413. Published version | Working paper

14. Huber, J., Inoua, S., Kerschbamer, R., König-Kersting, C., Palan, S., Smith, V. L., 2022. Nobel and novice: Author prominence affects peer review, Proceedings of the National Academy of Sciences 119(41), e2205779119. Published version | AI-generated audio deep dive | Working paper | Dataset

15. Giamattei, M., Huber, J., Lambsdorff, J. G., Nicklisch, A., Palan, S., 2020. Who inflates the bubble? Forecasters and traders in experimental asset markets, Journal of Economic Dynamics and Control 110, 103718. Published version | Dataset

16. Palan, S., Huber, J., Senninger, L., 2020. Aggregation mechanisms for crowd predictions, Experimental Economics 23, 788–814. Published version | Working paper | Dataset

17. Huber, J., Palan, S., Zeisberger, S., 2019. Does Investor Risk Perception Drive Asset Prices in Markets? Experimental Evidence., Journal of Banking & Finance 108, 105635. Published version | Working paper | Dataset

18. Schitter, C., Fleiß, J., Palan, S., 2019. To claim or not to claim: Anonymity, symmetric externalities and honesty, Journal of Economic Psychology 71, 13–36. Published version | Working paper | Dataset

19. Kirchler, M., Palan, S., 2018. Immaterial and monetary gifts in economic transactions. Evidence from the field, Experimental Economics 21(1), 205–230. Published version | AI-generated audio deep dive

20. Palan, S., Schitter, C., 2018. Prolific.ac—A subject pool for online experiments, Journal of Behavioral and Experimental Finance 17, 22–27. Published version

21. Stöckl, T., Palan, S., 2018. Catch me if you can. Can human observers identify insiders in asset markets?, Journal of Economic Psychology 67, 1–17. Published version | Working paper | Dataset

22. Palan, S., Stöckl, T., 2017. When chasing the offender hurts the victim. The case of insider legislation, Journal of Financial Markets 35, 104–129. Published version

23. Fleiß, J., Palan, S., 2015. Collaborative decision systems in economics and in complex societal and environmental applications, Central European Journal of Operations Research 23(2), 279–282. Published version

24. Füllbrunn, S., Kreiner, S., Palan, S., 2015. The Value of a Fallback Option, Central European Journal of Operations Research 23(2), 375–388. Pulished version

25. Hinterleitner, G., Leopold-Wildburger, U., Mestel, R., Palan, S., 2015. A Good Beginning Makes a Good Market. The Effect of Different Market Opening Structures on Market Quality, Scientific World Journal, 307808. Published version

26. Hornung, P., Leopold-Wildburger, U., Mestel, R., Palan, S., 2015. Insiders' Behavior under Different Market Structures. Experimental Evidence on Trading Patterns, Manipulation and Profitability, Central European Journal of Operations Research 23(2), 357–373. Published version

27. Königsgruber, R., Palan, S., 2015. Earnings management and participation in accounting standard-setting, Central European Journal of Operations Research 23, 31–52. Published version

28. Palan, S., 2015. GIMS - Software for Asset Market Experiments, Journal of Behavioral and Experimental Finance 5, 1–14. Published version | Software

29. Cheung, S. L., Hedegaard, M., Palan, S., 2014. To See is to Believe. Common Expectations in Experimental Asset Markets, European Economic Review 66, 84–96. Published version | Working paper

30. Brauneis, A., Mestel, R., Palan, S., 2013. Inducing low-carbon investment in the electric power industry through a price floor for emissions trading, Energy Policy 53, 190–204. Published version | Working paper

31. Fleiß, J., Palan, S., 2013. Of Coordinators and Dictators. A Public Goods Experiment, Games 4(4), 584–607. Published version

32. Palan, S., 2013. A Review of Bubbles and Crashes in Experimental Asset Markets, Journal of Economic Surveys 27(3), 570–588. Published version

33. Palan, S., 2013. A Review of Research into Smith, Suchanek and Williams Markets, Working Paper Series of the Faculty of Social and Economics Sciences, Karl-Franzens-University Graz 2013-04. Working paper | Dataset

34. Brauneis, A., Mestel, R., Palan, S., 2012. Does a cap on the carbon price have to be a cap on green investments?, Empirica 39(2), 217–231. Published version | Working paper

35. Cheung, S. L., Palan, S., 2012. Two Heads are Less Bubbly than One. Team Decision-Making in an Experimental Asset Market, Experimental Economics 15(3), 373–397. Published version | Working paper | Dataset

36. Gauper, A., Mestel, R., Palan, S., 2012. Vergleichende Analyse von Fondsdirektinvestments mit Fondsgebundenen Lebensversicherungen, Österreichisches Bankarchiv 60(4), 218–228. Published version | Working paper

37. Hinterleitner, G., Hornung, P., Leopold-Wildburger, U., Mestel, R., Palan, S., 2012. The effect of different market opening structures on market quality – experimental evidence, in: Klatte, D., Lüthi, H.-J., Schmedders, K., eds.: Operations Research Proceedings 2011, Springer, Heidelberg. Working paper

38. Hornung, P., Hinterleitner, G., Leopold-Wildburger, U., Mestel, R., Palan, S., 2012. Insider trading under different experimental market structures, in: Klatte, D., Lüthi, H.-J., Schmedders, K., eds.: Operations Research Proceedings 2011, Springer, Heidelberg. Working paper

39. Königsgruber, R., Palan, S., 2011. Teilnahme an der Rechnungslegungsregulierung: Implikationen für die Compliance?, Zeitschrift für Internationale Rechnungslegung(7/8), 343–345. Published version

40. Mestel, R., Palan, S., Steiner, P., 2010. Vom Kapitalwert zur Realoption in der Unternehmensbewertung, in: Königsmaier, H., Rabel, K., eds.: Unternehmensbewertung. Theoretische Grundlagen - Praktische Anwendung, Festschrift für Gerwald Mandl zum 70. Geburtstag, Linde, Vienna. Published version | Working paper

41. Palan, S., 2010. Digital Options and Efficiency in Experimental Asset Markets, Journal of Economic Behavior & Organization 75(3), 506–522. Published version | Working paper | Dataset

42. Palan, S., 2010. Kursblasen und Adaptive Erwartungen auf Laboraktien- und -digitaloptionsmärkten, Österreichisches Bankarchiv 58(1), 40–49. Working paper

43. Palan, S., 2009. Bubbles and crashes in experimental asset markets, Lecture Notes in Economics and Mathematical Systems 626, Springer, Heidelberg. Published version