Humboldt-Universität zu Berlin - School of Business and Economics

Professor. Dr. Christian Schade


Christian Schade is professor of Business and Director of the Institute for Entrepreneurial Studies and Innovation Management at Humboldt-Universität zu Berlin. Besides being a visiting faculty of ESMT, he is a Research Professor at the German Institute for Economic Research (DIW Berlin) and a Senior Fellow at Wharton’s Risk Management and Decision Processes Center. His research contributes to a better understanding of entrepreneurial decision making and economic decision making in general and is based on experimental economics and economic psychology.

Selected refereed publications

Koellinger, P., Minniti, M., and Schade, C. (2011). Gender differences in entrepreneurial propensity. Forthcoming in Oxford Bulletin of Economics and Statistics.

Schade, C., Kunreuther, H. C., Koellinger, P. (2011): Protecting Against Low-Probability Disasters: The Role of Worry. Forthcoming in Journal of Behavioral Decision Making.

Progrebna, G., Krantz, D., Schade, C., and Keser, C. (2011): Words versus Actions as a Means to influence Cooperation in Social Dilemma Situations. Theory and Decision, 71, 473-502. doi: 10.1007/s11238-011-9248-5.

Schade, C., Schröder, A., and Krause, K. (2010): Coordination after Gains and Losses: Is Prospect Theory's Value Function Predictive for Games? Journal of Mathematical Psychology, 54(5), 426-445, doi:10.1016/

Sandri, S., Schade, C., Mußhoff, O., and M. Odening (2010): Holding on for too long? - An experimental study on inertia in entrepreneurs' and non-entrepreneurs' disinvestment choices. Journal of Economic Behavior and Organization, 76, 30-44, doi:10.1016/j.jebo.2010.02.011.

Zimmer, A., Schade, C., and H. Gründl (2009): Is default risk acceptable when purchasing insurance? Experimental evidence for different probability representations, reasons for default, and framings. Journal of Economic Psychology, Vol. 30(1), February 2009, 11-23, doi:10.1016/j.joep.2008.09.001.

Koellinger, P., Minniti, M., and C. Schade (2007): „I think I can, I think I can”: Overconfidence and entrepreneurial behavior. Journal of Economic Psychology, Vol. 28, 502-527, doi:10.1016/j.joep.2006.11.002.

Burmeister, K. and C. Schade (2007): Are entrepreneurs’ decisions more biased? An experimental investigation of the susceptibility to status quo bias. Journal of Business Venturing, Vol. 22, 340-362, doi:10.1016/j.jbusvent.2006.04.002.

Lévesque, M. and C. Schade (2005): Intuitive optimizing: Experimental findings on time allocation decisions with newly formed ventures. Journal of Business Venturing, Vol. 20/3, 313-342, doi:10.1016/j.jbusvent.2004.01.005.

Office hours during winter term 2011/12:

  • The office hourse for students are open to students of Humboldt University who attend a lecture of Prof. Schade and/or are in the process of writing a thesis with the institute.   In any other case please contact us in written form outlining your concern.

  • Professor Schade currently is on sabbatical leave (Forschungsfreisemester) and will only be available again from the start of summer term 2012 (mid-April 2012).