Team

Jonas Dorlöchter

Academic Staff

Jonas Dorlöchter, M.Sc.

Room:
R11 T07 D29
Telephone:
+49 201 18-34123
Email:
Consultation Hour:
Fridays: 08:15 - 09:15 (registration required)

Curriculum Vitae:

Education:

  • 2015 - today: Ph.D. Student at the Chair of Finance at the University Duisburg-Essen, Campus Essen
  • 2011 - 2014:  Business Administration - Energy Economics and Finance (M.Sc.) at the University of Duisburg-Essen, Campus Essen
    • Final Thesis: Empirical Master Thesis at the Chair of Finance and Banking with the title: „Anleger in der Liquiditätsfalle – Welches Potential hat der Peer-to-Peer Markt?“
  • 2013: Semester abroad at Griffith University of Brisbane, Nathan Campus (Australia)
  • 2008 - 2011: Business Administration (B.Sc.) at the University of Duisburg-Essen, Campus Essen
    • Bachelor thesis at the Chair of Finance and Banking with the title: „Wirtschaftlichkeitsprüfung innovativer Energietechnologien – Am Beispiel von Geothermie Kraftwerken“

Practical experience:

  • 2017 - today: Research Assistant at the Chair of Financing at the University of Duisburg-Essen, Campus Essen
  • 2016 - today: Lecturer at the FOM (University of Economics & Management)
  • 2015 - 2017: Research associate at the Chair of Finance and Banking at the University of Duisburg-Essen, Campus Essen
  • 2013 - 2014: Managing Director act-Projektgesellschaft UG (haftungsbeschränkt)2012 - 2014: Research Assistant at the Chair of Finance and Banking at the University of Duisburg-Essen, Campus Essen
  • 2012 - 2014: Chairman of the board act e.V. - student management consultancy
  • 2011 - 2014: Numerous consulting projects within the scope of my work at act e.V. - student management consultancy
  • 2013: Internship at RWE Supply & Trading GmbH (RWE AG)
  • 2011 - 2012: Member of Customer Relationship Managements of act e.V. - student management consultancy
  • 2010 - 2012: Student Assistant at the Chair of Finance and Banking at the University of Duisburg-Essen, Campus Essen

Publications; Working Paper:

  • Amann, E. und Dorlöchter, J. (2017): The bargaining problem _Experimental analysis to investigate the in-dependence of insignificantly alternatives (Working Paper).
  • Amann, E. und Dorlöchter, J. (2017): How do future markets affect spot markets? (Working Paper).
  • Amann, E. und Dorlöchter, J. (2017): Risk taking following gains or losses: Does investors`s risk attitude actually change? (Working Paper).
  • Amann, E. und Dorlöchter, J. (2017): Ein konvergenter Erklärungsansatz für Geldanlageentscheidungen, in: Kaluza, B; Beschorner, H.; Braun, K. D.; Rolfes, B. (Hrsg.) Betriebswirtschaftliche Fragen zu Steuern, Finanzierung, Banken und Management, Festschrift zum 66. Geburstag, Springer Gabler, Wiesbaden, 2017, S. 393-402.
  • Amann, E. und Dorlöchter, J. (2016): An experimental approach to understand risk taking before and after an income shock.

Honours and Awards:

  • 2015: 1. Platz beim Wissenschaftspreis der NATIONAL-BANK für hervorragende Abschlussarbeiten
  • 2015: Erhalt des Alumni-Preises für ausgezeichnete Studienleistungen durch die Fakultät für Wirtschaftswissenschaften der Universität Duisburg-Essen
  • 2013: Bester Absolvent an der Griffith University of Brisbane (International Business Finance)
  • 2013: PROMOS-Stipendiat des Deutschen akademischen Austauschdiensts

Fields of Research:

  • Behavioral Economics/Finance
  • Experimental Economics/Finance

Publications:

Filter:
  • Jonas Dorlöchter, Erwin Amann: Risk preferences and economic shocks: Experimental evidence, PDF Full text Citation Details

    Abstract

    We demonstrate in our experiment that an exogenous shock does not lead to increasing risk aversion, and has ultimately no significant impact on investors’ risk preference in general. To do so, we keep subjects’ risk and return expectations fixed and focus solely on loss in wealth. As a theoretical framework, we use the expected utility approach and take the class of HARA-utility functions to analyse subjects’ preferences. Particularly, our methodical approach affords insights into the impact of economic fluctuations on investors’ risk-taking and the measurement of risk preferences per se. We conclude that cautious investment behavior after an economic crisis might rather be due to changes in the perception of risk and return. Moreover, we give evidence that, in general, it is not sufficient to explain investors’ risk-taking solely by preferences.

Conferences:

  • 2017: International Conference on Operations Research from 06 - 08 September 2017 in Berlin
    • Conference contribution: Amann, Erwin/Dorlöchter, Jonas: "An experimental approach to investigate whether and how risk attitudes change"
  • 2017: Experimental Finance 2017 from 14 - 16. Juni 2017 in Nizza
    • Conference contribution: Amann, Erwin/Dorlöchter, Jonas: "An experimental approach to understand risk taking before and after an income shock"
  • 2017: 10th Maastricht Behavioral and Experimental Economics Symposium
    • Conference contribution: Amann, Erwin/Dorlöchter, Jonas: "An experimental approach to understand risk taking before and after an income shock"
  • 2016: XI. annual conference - Warsaw International Economic Meeting 2016
    • Conference contribution: Amann, Erwin/Dorlöchter, Jonas: "An experimental approach to understand risk taking before and after an income shock" ("Expected utility as a normative and descriptive theory")
  • 2015: XVI. Symposium on the economic analysis of the company (GEABA) from 23. - 25. September 2015 in Hamburg
    • Conference contribution: Amann, Erwin/Dorlöchter, Jonas: "An experimental approach to understand risk taking before and after an income shock" ("Expected utility as a normative and descriptive theory")
  • 2015: 19. ecfs-Banken-Symposium from 15. - 16. September 2015 in Duisburg
  • 2015: ecfs-commission day in Münster
  • 2014: ecfs-sales day in Düsseldorf
  • 2011: Podium participants at Symposium „Der Phönix fliegt“ in Essen
    • Panel discussion with, among others, the Chairman of the Executive Board Dr. Heinrich Hiesinger of ThyssenKrupp AG, on the role of the Ruhr industry in the 21st century

Courses:

  • ST 19: Specialist seminar  "Behavioral Corporate Finance"
  • WT 18/19: Exercise "Behavioral Finance" (Master); Fachseminar zur "Vermögensverwaltung"
  • ST 18: Exercise "Corporate Finance" (Master); Fachseminar zu "Prospect theory and Ratings in the wild"
  • WT 17/18: Exercise "Investition und Finanzierung" (Bachelor); Fachseminar zu "Portfolioentscheidungen von Privatinvestoren"
  • ST 17: Exercise Bankmanagement I (Master); Fachseminar zu "Corporate Rating and Behavioral Economics"
  • WT 16/17: Exercise "Investition und Finanzierung" (Bachelor)
  • ST 16: Exercise Bankmanagement I (Master); Fachseminar zu "Gesamtbanksteuerung und Marketing im genossenschaftlichen Verbund"
  • WT 15/16: Exercise "Investition und Finanzierung" (Bachelor); Klausurenkurs zu "Investition und Finanzierung" (Bachelor); Fachseminar zu "Wie Phoenix aus der Asche - Erfolgreiche Finanzierung im Turnaround-Prozess"
  • ST 15:  Exercise Bankmanagement I (Master)
  • WT 14/15: Exercise "Investition und Finanzierung" (Bachelor); Klausurenkurs zu "Investition und Finanzierung" (Bachelor); Fachseminar zu "Fintech: Laue Lüftchen, frische Brisen oder Hurrikans auf den Finanzmärkten?"
  • WT 13/14: Exercise "Investition und Finanzierung" (Bachelor); Klausurenkurs zu "Investition und Finanzierung" (Bachelor)
  • WT 12/13: Exercise "Investition und Finanzierung" (Bachelor); Klausurenkurs zu "Investition und Finanzierung" (Bachelor)
  • WT 11/12: Tutorial "Investition und Finanzierung" (Bachelor)
  • WT 10/11: Tutorial  "Investition und Finanzierung" (Bachelor)

Tutored Theses:

  • Stock market volatlity and the effect of rare events (Master Thesis Business Administration, in progress)
  • "The dividend disconnect“ – Analyse des Anlegerverhaltens (Bachelor Thesis Business Administration, in progress)
  • Prospect Theory and the Disposition effect - A literature review (Bachelor Thesis Business Administration)
  • Prospect theory in the wild - Die Anwendungsgebiete der Prospekt-Theorie (Bachelor Thesis Business Administration)
  • Prospect Theory and financial behavior - A literature review (Bachelor Thesis Business Administration)
  • Einfluss vorheriger Ergebnisse auf Marktpreise und das Individualverhalten - Ein Vergleich aktueller Ergebnisse (Bachelor Thesis Business Administration)
  • Die despriction-experience gap in Risikoentscheidungen - Ein Literaturüberblick (Bachelor Thesis Business Administration)
  • Number blindness and prospect theory: Does the prospect theory hold? (Bachelor Thesis Business Administration)
  • Realization Utility - Determinants and Implications (Bachelor Thesis Business Administration)
  • Die Liquidity Coverage Ratio bei Reverse Repo Geschäften in der Treasury-Steuerung von Kreditinstituten (Bachelor Thesis Business Administration)
  • Chance oder Wagnis – Kann Crowdinvesting Venture Capital als Finanzierungsform für Start-ups ersetzen? (Bachelor Thesis Business Administration)
  • Basel III - Auswirkungen auf den Mittelstand (Bachelor Thesis Business Administration)
  • Crowdlending und Disintermediation im Bankgeschäft (Bachelor Thesis Business Administration)
  • Die Quantifizierung von Risiken bei Projektfinanzierungen (Bachelor Thesis Business Administration)
  • Amazon coins - eine alternative Form der Unternehmensfinanzierung? (Bachelor Thesis Business Administration)
  • Die Akzeptanz digitaler Vermögensverwaltung aus Kundensicht - Eine empirische Überprüfung (Bachelor Thesis Business Administration)
  • Machtverschiebungen zwischen Stakeholdern im Turnaround-Prozess (Bachelor Thesis Business Administration)
  • Was sagen Finanztests über die Beratungsqualität von Banken? (Bachelor Thesis Business Administration)
  • Validierung eines Fragebogens zur Einschätzung der Anlegermentalität (Bachelor Thesis Business Administration)
  • Mobile Payment - Kreditinstitute zwischen Interesselosgigkeit und Notwendigkeit (Master Thesis Business Administration)
  • Peer-to-Peer-Kreditmärkte im Lichte des Diamond-Modells (Bachelor Thesis Business Administration)
  • Effizienz des europäischen Fußballwettmarkts: State-of-the-Art der wissenschaftlichen Literatur (Bachelor Thesis Business Administration)
  • How do prior outcomes affect risk attitudes - State of the art der wissenschaftlichen Literatur (Bachelor Thesis Business Administration)
  • Disposition effect and prospect theory - An literature review (Bachelor Thesis Business Administration)
  • How do prior outcomes affect market and individual behaviour? – An comparison of current results (Bachelor Thesis Business Administration)
  • Corporate decisions and the effect of rare events (Bachelor Thesis Business Administration)
  • Investors risk preferences and the effect of rare events (Bachelor Thesis Business Administration)
  • Measurement of CEO-Overconfidence and its challenges (Bachelor Thesis Business Administration)
  • Der Einfluss des Mental Accounting auf eine effiziente Allokation von Wertpapierportfolios (Bachelor Thesis Business Administration)
  • Equity Premia before, during and after Macroeconomic Desasters. Psychological and cognitive Determinants, and Market Implication (Bachelor Thesis Business Administration)
  • The impact of different price paths: Determinants and Implications (Bachelor Thesis Business Administration)

Memberships:

  • Member of the Alumni Association of the Faculty of Economics of the University of Duisburg-Essen
  • Alumni of the student management consultancy "act e.V." of the University of Duisburg-Essen

Academic Duties:

  • Member of  QVM-Kommission
  • Bibiliothec commissioner of  the Faculty of Economics (Department: Business Administration)

Note for Students:

Please make sure to only contact us with your current @stud.uni-due.de mail account. Otherwise we can not ensure a prompt reply!

Publications

Check out the publications from our research team.

Selected publications

Curriculum

Check out information on our lectures.

Curriculum

Term paper

Check out information on writing a term paper at our chair.

Term paper

Thesis

Check out information on writing a thesis at our chair.

Thesis