Areas of research

  • Experimental Economics
  • Behavioral Foundations of Economic Decision Making
  • Behavioral Contract Theory
  • Behavioral Finance

Areas of teaching

  • Microeconomics
  • Behavioral economics

Grants and awards

2025

and al. EUonAIR - European University on AI in Curricula, Smart UniverCity and (Return)Mobility ERASMUS-EDU-2024-EUR-UNIV-1. Partners: Akademia Leona Kozminskiego (PL); Hochschule für Technik und Wirtschaft Berlin (DE); ZSEM - Zagrebacka Skola Ekonomije I Managementa (HR); Polsko-Japonska Akademia Technik Komputerowy (PL); Fundacio Privada Universitat Abat Oliba Ceu (ES); Ism Vadybos Ir Ekonomikos Universitetas Uab (LT); ESSCA (FR); Luxembourg School Of Business Asbl (LU); University Of Piraeus
Erasmus + Programme européen pour l'éducation, la formation, la jeunesse et le sport

2021

AIBE Challenge Fund: The straw that breaks the camel’s back: Understanding financial market dynamics (with G. Menzies, T. Henkel & D. Zizzo)
The University of Queensland, Australia

2021

BEL Connect: Refugee assimilation: How trust, cooperation, and reciprocity evolve as refugees leave the camps and join the local population (with M. Faravelli, B. Von Hippel, L. Balafoutas, and E. Patouris)
The University of Queensland, Australia

Publications from the last 5 years

Articles

KARAKOSTAS, A. and SOUZA-MONTEIRO, D.M. (2025). Double Moral Hazard in Contract Farming: An Experimental Analysis. Journal of Agricultural Economics, 76(3), pp. 640-650.

KARAKOSTAS, A., GRIMM, V. and DRICHOUTIS, A.C. (2025). Jumping the Queue: An Experimental Study on Cultural Differences in Bribing Attitudes Among Greeks and Germans. Journal of Economic Behavior and Organization, 235, pp. 107045.

BALAFOUTAS, L., CELSE, J., KARAKOSTAS, A. and UMASHEV, N. (2025). Incentives and the Replication Crisis in Social Sciences: A Critical Review of Open Science Practices. Journal of Behavioral and Experimental Economics, 114, pp. 102327.

KARAKOSTAS, A., NHU TRAN, E. and ZIZZO, D.J. (2025). Experimental Insights on Antisocial Behavior: Two Meta-Analyses. Experimental Economics, 28(1), pp. 43-74.

CELSE, J., KARAKOSTAS, A. and ZIZZO, D.J. (2023). Relative Risk Taking and Social Curiosity. Journal of Economic Behavior and Organization, 210, pp. 243-264.

KARAKOSTAS, A., MORGAN, G. and ZIZZO, D.J. (2023). Socially interdependent risk taking. Theory and Decision, 95(3), pp. 365-378.

KARAKOSTAS, A., MATZAT, D., KOCHER, M.G., RAU, H.A. and RIEWE, G. (2023). The Team Allocator Game: Allocation Power in Public Goods Games. Games and Economic Behavior, 140, pp. 73-87.

Conferences and other contributions

KARAKOSTAS, A. and BALAFOUTAS, L. (2024). Signaling Virtue in Credence Goods Markets. In: 14th International Conference of the French Association of Experimental Economics (AFSEE). University of Grenoble Alpes.

PROST, E. and KARAKOSTAS, A. (2024). Having Experience in the Trenches. In: 14th International Conference of the French Association of Experimental Economics (AFSEE). Grenoble.

KARAKOSTAS, A. and BALAFOUTAS, L. (2023). Virtue Signaling in Credence Goods Markets. In: Séminaire de recherche sur le thème des méthodes expérimentales. ESSCA SChool of Management, Lyon.

KARAKOSTAS, A. (2023). Virtue Signaling in Credence Goods Markets. In: Annual CRETE Conference. University of Athens, Naxos.

KARAKOSTAS, A. and BALAFOUTAS, L. (2023). Virtue Signaling in Credence Goods Markets. In: Experimental Economics Seminar. Monash University, Melbourne.

KARAKOSTAS, A. and BALAFOUTAS, L. (2023). Signaling Virtue in Credence Goods Markets. In: Economic Science Association (ESA) World Meeting. Lyon.

KARAKOSTAS, A. and BALAFOUTAS, L. (2023). Signaling Virtue in Credence Goods Markets. In: ESADE Research Seminar. Barcelone.