Till startsida
Sitemap
To content Read more about how we use cookies on gu.se

Martin Hedesström

Researcher

Martin Hedesström
Researcher
Academic degree: Docent
martin.hedesstrom@psy.gu.se
+46 31 786 1853

Room number: 537
Postal Address: Box 500, 40530 Göteborg
Visiting Address: Haraldsgatan 1 , 41314 Göteborg


Department of Psychology (More Information)
Box 500
405 30 Göteborg
www.psy.gu.se
psykologi@psy.gu.se

Visiting Address: Haraldsgatan 1 , 405 30 Göteborg

About Martin Hedesström

Biography

PhD in Psychology, University of Gothenburg 2006. Docent (Assoc. Prof.) 2014. MSc in Information Systems, London School of Economics and Political Science 1998. Visiting Scholar at the Centre for Decision Sciences, Columbia Business School, New York 2014/15.

Member of the research groups Social Cognition, Judgement and Decision Making (SOC-JDM) and Environmental Psychology Unit (EPU) 

Teaching

I teach judgement and decision making, economic psychology, and social cognition at graduate and undergraduate level.

Research interests

Stock market psychology; choice architecture (”nudging”); moral/environmental decision making

My research is predominantly experimental and concerns topics within the intersection between psychology and economy, for example, stock market investment decisions. I also investigate moral aspects of decision making. How do people make tradeoffs between choices that benefit them personally versus choices that are more beneficial to others, or to the environment, but come at a cost?

Current research

Promoting integration of environmental concerns in pension savings and stock market investment decisions, a project funded by the Swedish Research Council Formas:

It is convincingly argued that any future change towards Sustainable Development must begin with corporations taking environmental and social responsibility. One way of exerting pressure on companies to do so is by investing in Socially Responsible Investment (SRI) stock funds. Previous research shows no financial penalty for investing in SRI. This project, which I lead, explores why most investors still refrain from investing in SRI, and what may sway them. We specifically investigate the influence of “choice architecture” (Thaler & Sunstein 2008), that is, how investors through the way a choice setting is designed and options presented are helped to make decisions better aligned with their values and preferences.

Downstream behavioural effects of choice architecture interventions, a project funded by the Marcus and Amalia Wallenberg Foundation:

Most of today’s environmental, financial, and health problems are rooted in our day-to-day choices. Drawing on insights from psychology, the emerging science of choice architecture (CA) prescribes how presentation formats could be tailored in ways that help people choose options that are beneficial to society as well as to themselves, without restricting their freedom of choice. CA interventions—also called “nudges”—have proven effective in increasing pension saving rates, improving medical prescription adherence, and reducing CO2 emissions and tax fraud. Yet, previous CA research has focused exclusively on the specific choice targeted by the CA intervention. This constitutes a significant caveat, since assessing the net benefit of a CA intervention requires taking into account not only its effect on a first choice, but also how this “nudged” choice spills over to subsequent choices in the same and other domains. Knowing downstream consequences of nudged behaviour is essential in order to design CA interventions in ways that promotes positive behavioural spillover and averts backfiring. This project, which I lead, aims to contribute towards finding new ways of promoting the sustained, long-term behavioural changes required in order to meet societal challenges such as climate change and health.

 

Latest publications

Behaviour in financial markets
Martin Hedesström
Economic psychology / Rob Ranyard (red.), Chapter in book 2017
Chapter in book

What’s the net benefit of a nudge? Exploring behavioral spillover from choosing a default
Martin Hedesström, Lars-Olof Johansson
Proceedings of the 37th Annual Conference of the Society for Judgment and Decision Making. November 18 – 21. Boston., Conference contribution 2016
Conference contribution

Behavioral spillover effects of default choice
Martin Hedesström, Lars-Olof Johansson
Proceeding of 31st International Congress of Psychology, Yokohama, Japan, Conference contribution 2016
Conference contribution

Effects of bonuses on diversification in delegated stock portfolio management
Martin Hedesström, Maria Andersson, Tommy Gärling, Anders Biel
Journal of Behavioral and Experimental Finance, Journal article 2015
Journal article

A Social-Psychological Perspective on Herding in Stock Markets
Maria Andersson, Martin Hedesström, Tommy Gärling
The Journal of Behavioral Finance , Journal article 2014
Journal article

Effects of partitioning on tradeoff effort and choice
Martin Hedesström, Lars-Olof Johansson
Proceedings of the 34th Annual Conference of the Society for Judgment and Decision Making, Poster 2014
Poster

Psykologi och aktiemarknaden
Martin Hedesström
Samhällspsykologi / Anders Biel & Tommy Gärling (red.), Malmö, Liber, Chapter in book 2012
Chapter in book

Hållbara bonussystem
Maria Andersson, Tommy Gärling, Martin Hedesström, Anders Biel
Hållbar utveckling - från risk till värde / L. G. Hassel, L.-O. Larsson & E. Nore (red.), Malmö, Studentlitteratur, Chapter in book 2011
Chapter in book

Showing 1 - 10 of 34

2017

Behaviour in financial markets
Martin Hedesström
Economic psychology / Rob Ranyard (red.), Chapter in book 2017
Chapter in book

2016

What’s the net benefit of a nudge? Exploring behavioral spillover from choosing a default
Martin Hedesström, Lars-Olof Johansson
Proceedings of the 37th Annual Conference of the Society for Judgment and Decision Making. November 18 – 21. Boston., Conference contribution 2016
Conference contribution

Behavioral spillover effects of default choice
Martin Hedesström, Lars-Olof Johansson
Proceeding of 31st International Congress of Psychology, Yokohama, Japan, Conference contribution 2016
Conference contribution

2015

Effects of bonuses on diversification in delegated stock portfolio management
Martin Hedesström, Maria Andersson, Tommy Gärling, Anders Biel
Journal of Behavioral and Experimental Finance, Journal article 2015
Journal article

2014

A Social-Psychological Perspective on Herding in Stock Markets
Maria Andersson, Martin Hedesström, Tommy Gärling
The Journal of Behavioral Finance , Journal article 2014
Journal article

Effects of partitioning on tradeoff effort and choice
Martin Hedesström, Lars-Olof Johansson
Proceedings of the 34th Annual Conference of the Society for Judgment and Decision Making, Poster 2014
Poster

2012

Psykologi och aktiemarknaden
Martin Hedesström
Samhällspsykologi / Anders Biel & Tommy Gärling (red.), Malmö, Liber, Chapter in book 2012
Chapter in book

2011

Hållbara bonussystem
Maria Andersson, Tommy Gärling, Martin Hedesström, Anders Biel
Hållbar utveckling - från risk till värde / L. G. Hassel, L.-O. Larsson & E. Nore (red.), Malmö, Studentlitteratur, Chapter in book 2011
Chapter in book

Showing 1 - 10 of 34

Page Manager: Ann-Sofie Sten|Last update: 1/29/2014
Share:

The University of Gothenburg uses cookies to provide you with the best possible user experience. By continuing on this website, you approve of our use of cookies.  What are cookies?