Dr. Sandra Andraszewicz
Sandra is a Senior Researcher heading the behavioral finance research at the Chair of Cognitive Science, ETH Zurich. Also, she is a co-Principal Investigator of Future Resilient Systems Programme at the Singapore-ETH Centre, an affiliate of the ETH Risk Center, a lecturer at the external page Center for Economic Psychology of the University of Basel and a behavioural science expert for the external page European Innovation Council and SMEs Executive agency of the European Union. Sandra's research focuses on decision making in complex environments including digital space, financial systems and business environments with the goal to foster people's resilience through the combination of behavioural science and policymaking practices. A big part of her work is devoted to developing Open Science methodology. She has led the development of the external page Zurich Trading Simulator and the external page Resilience and Tech Database. Her work also includes improving measures to elicit risk preferences in agreement with the MiFiD regulation, development of a external page belief elicitation method, developing a external page measure of co-similarity between choice options, increasing the external page attractiveness of artificial voices for e-commerce and explaining external page economic decisions through models. She closely works with industry partners and regulatory agencies. Sandra offers courses for bachelor, master, doctoral and continuing-education business students.
Research interests:
Behavioural finance, behavioural economics, risk, mathematical psychology
Publications
Academic publications
Zappe, A., Martinez-Saito, M. & Andraszewicz, S. (2024). What's mine? What's ours? How the brain thinks about shared resources. external page New Discovery, Frontiers Young Minds - Neuroscience and Psychology
Andraszewicz, S., Kaszas, D., Zeisberger, S. & Hölscher, C. (2023). The influence of upward social comparison on retail trading behaviour. external page Scientific Reports, 13(1), 22713
Andraszewicz, S., Friedman, J., Kaszas, D. & Hölscher, C. (2022). Zurich Trading Simulator (ZTS) - A dynamic trading experimental tool for oTree. external page Journal of Behavioural and Experimental Finance, 37, 100762
Mechera-Ostrovsky, T., Heinke, S., Andraszewicz, S. & Rieskamp, J. (2022). Cognitive abilities affect decision errors but not risk preferences: A meta-analysis. external page Psychonomic Bulletin & Review, 29(5), 1719-1750
Martinez-Saito, M., Andraszewicz, S., Klucharev, V. & Rieskamp, J. (2022). Mine or ours? Neural basis of the exploitation of common-pool resources. external page Social Cognitive and Affective Neuroscience, 19(9), 837-849
Andraszewicz, S., Wu, K. & Sornette, D. (2020). Behavioural effects and market dynamics in field and laboratory experimental asset markets. external page Entropy, 22(10), 1183
Andraszewicz, S. (2020). Stock market, market crashes, and market bubbles, in external page Psychological Perspectives on Financial Decision Making, Springer, pp. 205-231
Sornette, D., Andraszewicz, S., Wu, K., Murphy, R.O., Rindler, P. & Sanadgol, D. (2020). Overpricing persistence in experimental asset markets with intrinsic uncertainty. Economics: external page The Open-Access, Open-Assessment E-Journal, 14(20), 1-53
Andraszewicz, S. & Rieskamp, J. (2017). Response to "A note on the standardized covariance". external page Journal of Mathematical Psychology, 77, 185-186
Murphy, M.O., Andraszewicz, S. & Knaus, S.D. (2016). Real options in the laboratory: An experimental study of sequential investment decisions. external page Journal of Behavioral and Experimental Finance, 12, 23-39.
Andraszewicz, S., Scheibehenne, B. & Rieskamp, J. (2015). How outcome dependencies affect decisions under risk. external page Decision, 2(2), 127-144
Andraszewicz, S., Scheibehenne, S., Rieskamp, J., Grasman, R., Verhagen, J. & Wagenmakers, E-J. (2015). An introduction to Bayesian hypothesis testing for management research. external page Journal of Management, 41(2), 521-543
Andraszewicz, S. & Rieskamp, J. (2014). Standardized covariance - A measure of association, similarity and co-riskiness between choice options. external page Journal of Mathematical Psychology, 61, 25-37
Andraszewicz, S., Yamagishi, J. & King, S. (2011). Vocal attractiveness of statistical speech synthesisers. external page 2011 IEEE International Conference on Acoustics, Speech and Signal Processing (ICASSP), Prague, Czech Republic, 5368-5371
Publications for practitioners in business and management
Andraszewicz, S. & Hölscher, C. (2024). Dealing with the complexity of decision-making in a crisis. external page Home Team Journal, 13, 35-46
Andraszewicz, S. & Hölscher, C. (2023). Decision-making in complexity of crisis, in external page Crisis Leadership: A Guide for Leaders, World Scientific lishing, pp. 77-90