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Financial and economic behavior

photo of plants sprouting from money jars

The Research Group on Financial and Economic Behavior is an interdisciplinary research group at the University of Agder. The primary objective of our group is to establish ourselves as Norway’s leading competence center on behavioral insights. We aim to support policy-making and businesses by generating and disseminating knowledge about human decision-making processes and behavior in various market places.

PhD programme at the School of Business and Law
 

Cooperating institutions

  • SWPS University, Poland
  • Universidad de la República, Uruguay
  • Toulouse Business School, France
  • Kedge Business School, France
  • Purdue University, USA
  • Aarhus University, Denmark
  • Reykjavik University, Iceland
  • Linkoping University, Sweden
  • University of Stavanger, Norway
  • MICA, India
  • Erasmus University, Rotterdam
  • Hochschule Stralsund, Germany
  • Østfold University College
  • University of Cambridge, UK
  • University of Gdansk, Poland
  • University of Aalborg, Denmark
  • Western Norway University of Applied Sciences, Norway
  • University of South-Eastern Norway, Norway
  • Molde University College, Norway
  • Oxford Research, Norway
  • NORCE, Norway
  • University of Leeds (Center for Decision Research), UK

Ongoing projects

  • Finansiell kunnskap og mestringstro blant nordmenn 2021. Funded by the Research Council (2021-2022)
  • Nye mønstre/New Patterns. Funded by the Research Council (2019-2023

Publications

Publications

  • Nyhus, Ellen Katrine & Seldal, Mette Marie Næser (2025). Finansiell kunnskap og pensjonsatferd. Magma forskning og viten. ISSN 1500-0788. 28(2), p. 65–74. doi: 10.23865/magma.v28.1495. Full text in Research Archive
  • Folwarczny, Michał; Sigurdsson, Valdimar; Menon, R.G. Vishnu & Otterbring, Tobias (2024). Consumer susceptibility to front-of-package (FOP) food labeling: Scale development and validation. Appetite. ISSN 0195-6663. 192, p. 1–11. doi: 10.1016/j.appet.2023.107097. Full text in Research Archive
  • Otterbring, Tobias & Folwarczny, Michał (2024). Social validation, reciprocation, and sustainable orientation: Cultivating “clean” codes of conduct through social influence. Journal of Retailing and Consumer Services. ISSN 0969-6989. 76, p. 1–12. doi: 10.1016/j.jretconser.2023.103612. Full text in Research Archive
  • McNair, Simon; Nyhus, Ellen K. & Ranyard, Rob (2024). Propensity to spend and borrow at a time of high pressure: the role of the meaning of Christmas and other psychological factors. Frontiers in Behavioral Economics. 3. doi: 10.3389/frbhe.2024.1385609. Full text in Research Archive
  • Malodia, Suresh; Otterbring, Tobias; Taheri, Babak & Dhir, Amandeep (2024). How Negative Framing Affects VR Tourism Adoption: Exploring the Role of Travel Anxiety During Crisis Events. Journal of Travel Research. ISSN 0047-2875. p. 1–20. doi: 10.1177/00472875241234387. Full text in Research Archive
  • Ares, Gastón; Antúnez, Lucía; Alcaire, Florencia; Natero, Virginia & Otterbring, Tobias (2024). Is this advertisement designed to appeal to you? Adolescents' views about Instagram advertisements promoting ultra-processed products. Public Health Nutrition (PHN). ISSN 1368-9800. 27(1), p. 1–13. doi: 10.1017/S1368980024000533. Full text in Research Archive
  • Dhir, Amandeep; Madanaguli, Arun; Jabeen, Fauzia; Yahiaoui, Dorra & Quaglia, Roberto (2024). Consumer response to the new normal: examining the role of anticipated recovery, smart governance and prosocial behavior in driving satisfaction. International Marketing Review. ISSN 0265-1335. 41(2), p. 333–357. doi: 10.1108/IMR-12-2021-0386. Full text in Research Archive
  • R., Kiarash Sadeghi; Ojha, Divesh; Kaur, Puneet; Mahto, Raj V. & Dhir, Amandeep (2024). Explainable artificial intelligence and agile decision-making in supply chain cyber resilience. Decision Support Systems. ISSN 0167-9236. 180. doi: 10.1016/j.dss.2024.114194. Full text in Research Archive
  • Dhir, Amandeep; Talwar, Shalini; Raj, Sahil; Sampat, Brinda & Nicolau, Juan Luis (2024). A Time-lagged Examination of Voluntary and Task-related Green Behavior in the Travel Industry. Journal of Travel Research. ISSN 0047-2875. 64(4), p. 1–23. doi: 10.1177/00472875241230008. Full text in Research Archive
  • Bhatia, Meena; Meenakshi, N.; Kaur, Puneet & Dhir, Amandeep (2024). Digital technologies and carbon neutrality goals: An in-depth investigation of drivers, barriers, and risk mitigation strategies. Journal of Cleaner Production. ISSN 0959-6526. 451. doi: 10.1016/j.jclepro.2024.141946. Full text in Research Archive
  • Talwar, Shalini; Nawaz, Rabiya; Sithipolvanichgul, Juthamon; Gupta, Bhumika & Dhir, Amandeep (2024). Strategic and Serendipitous Knowledge Arbitrage: What We Know and What Remains Underexplored? IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 12764–12776. doi: 10.1109/TEM.2023.3293170. Full text in Research Archive
  • Corazza, Laura; Truant, Elisa; Cottafava, Dario & Dhir, Amandeep (2024). Higher Education Institutions and Multistakeholders' Engagement: A Longitudinal Study of an Anchor Institution's Legitimacy and Dynamism. IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 13572–13585. doi: 10.1109/TEM.2023.3265263. Full text in Research Archive
  • Chaudhary, Sanjay; Kaur, Puneet; Ferraris, Alberto; Bresciani, Stefano & Dhir, Amandeep (2024). Connecting entrepreneurial ecosystem and innovation. Grasping at straws or hitting a home run? Technovation. ISSN 0166-4972. 130. doi: 10.1016/j.technovation.2023.102942. Full text in Research Archive
  • Malodia, Suresh; Islam, Nazrul; Kaur, Puneet & Dhir, Amandeep (2024). Why Do People Use Artificial Intelligence (AI)-Enabled Voice Assistants? IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 491–505. doi: 10.1109/TEM.2021.3117884. Full text in Research Archive
  • Luqman, Adeel; Zhang, Qingyu; Talwar, Shalini; Bhatia, Meena & Dhir, Amandeep (2024). Artificial intelligence and corporate carbon neutrality: A qualitative exploration. Business Strategy and the Environment (BSE). ISSN 0964-4733. p. 1–18. doi: 10.1002/bse.3689. Full text in Research Archive
  • Konuk, Faruk Anıl & Otterbring, Tobias (2024). The dark side of going green: Dark triad traits predict organic consumption through virtue signaling, status signaling, and praise from others. Journal of Retailing and Consumer Services. ISSN 0969-6989. 76. doi: 10.1016/j.jretconser.2023.103531. Full text in Research Archive
  • Sharma, Shavneet; Singh, Gurmeet; Islam, Nazrul & Dhir, Amandeep (2024). Why Do SMEs Adopt Artificial Intelligence-Based Chatbots? IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 1773–1786. doi: 10.1109/TEM.2022.3203469. Full text in Research Archive
  • Sharma, Shavneet; Islam, Nazrul; Singh, Gurmeet & Dhir, Amandeep (2024). Why Do Retail Customers Adopt Artificial Intelligence (AI) Based Autonomous Decision-Making Systems? IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 1846–1861. doi: 10.1109/TEM.2022.3157976. Full text in Research Archive
  • Sithipolvanichgul, Juthamon; Dhir, Amandeep; Talwar, Shalini; Srivastava, Pallavi & Kaur, Puneet (2024). Knowledge arbitrage: what are the risks, and do they matter? Journal of Knowledge Management. ISSN 1367-3270. doi: 10.1108/JKM-05-2023-0411. Full text in Research Archive
  • Petit, Olivia & Otterbring, Tobias (2024). The Impact of Fusion Metaphors in Health Appeals on Consumer Attitudes Tasty but Unhealthy, Healthy but Not Tasty: Duality Considerations in Health Messaging. Journal of Advertising Research. ISSN 0021-8499. 64(1), p. 4–17. doi: 10.2501/JAR-2024-005. Full text in Research Archive
  • Hasni, Muhammad Junaid Shahid; Konuk, Faruk Anıl & Otterbring, Tobias (2024). Anxious Altruism: Virtue Signaling Mediates the Impact of Attachment Style on Consumers’ Green Purchase Behavior and Prosocial Responses. Journal of Business Ethics. ISSN 0167-4544. doi: 10.1007/s10551-024-05734-8. Full text in Research Archive
  • Issac, Abraham Cyril; Dhir, Amandeep & Christofi, Michael (2024). True knowledge vs empowering knowledge: conceptualizing a theory of mindfulness and knowledge transfer (TMKT). Journal of Managerial Psychology. ISSN 0268-3946. 39(3), p. 264–286. doi: 10.1108/JMP-05-2022-0217. Full text in Research Archive
  • Dhir, Amandeep; Kaur, Puneet; Hassan, Sharfa & Vrontis, Demetris (2024). Reimagining our futures together: An early bird's-eye view of inclusive organizational behavior. Journal of Organizational Behavior. ISSN 0894-3796. 45(9). doi: 10.1002/job.2776. Full text in Research Archive
  • Folwarczny, Michał; Menon, R.G. Vishnu & Otterbring, Tobias (2024). Plate, glass, and social class: How dominance and prestige orientation shape food preferences. Personality and Individual Differences. ISSN 0191-8869. 225. doi: 10.1016/j.paid.2024.112666. Full text in Research Archive
  • Meenakshi, N.; Dhir, Amandeep; Kaur, Puneet; Mahto, Raj V. & Nicolau, Juan Luis (2024). Is Travel Resurgence in the Post-Global Health Emergency a Form of Revenge Travel? A Multi-phase Qualitative Study. Journal of Travel Research. ISSN 0047-2875. p. 1–24. doi: 10.1177/00472875241234388. Full text in Research Archive
  • Dhir, Amandeep; N., Meenakshi; Nawaz, Rabiya & Kaur, Puneet (2024). How do we pivot? Facilitators, inhibitors, and strategies of tech healthcare startups before, during, and after a crisis. Technological Forecasting and Social Change. ISSN 0040-1625. 207. doi: 10.1016/j.techfore.2024.123606. Full text in Research Archive
  • Jain, Monika; Talwar, Shalini; Rastogi, Rashmi; Kaur, Puneet & Dhir, Amandeep (2024). Policy stimulation for the electric vehicle industry: An analysis of mainstream media discourse. Business Strategy and the Environment (BSE). ISSN 0964-4733. 33(6). doi: 10.1002/bse.3750. Full text in Research Archive
  • Tandon, Anushree; Dhir, Amandeep & Islam, Nazrul (2024). Mobile Health Interventions for Cancer Care and Support: The Next Level of Digitalization in Healthcare? IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 6173–6189. doi: 10.1109/TEM.2023.3243724. Full text in Research Archive
  • Tan, Lynn K.L.; Folwarczny, Michał; Otterbring, Tobias & Li, Norman P. (2024). Hot at the top: The influence of self-rated attractiveness on self-perceived status. Current Research in Ecological and Social Psychology (CRESP). 7, p. 1–11. doi: 10.1016/j.cresp.2024.100205. Full text in Research Archive
  • Otterbring, Tobias & Folwarczny, Michał (2024). From WEIRD to worldwide: Auditing authors’ affiliation countries over time across three leading journals publishing food-related research. Food Quality and Preference. ISSN 0950-3293. 117. doi: 10.1016/j.foodqual.2024.105175. Full text in Research Archive
  • Frank, Darius-Aurel; Peschel, Anne Odile; Otterbring, Tobias; DiPalma, Jason & Steinmann, Sascha (2024). Does metaverse fidelity matter? Testing the impact of fidelity on consumer responses in virtual retail stores. International Review of Retail Distribution & Consumer Research. ISSN 0959-3969. 34(2), p. 251–284. doi: 10.1080/09593969.2024.2304810. Full text in Research Archive
  • Tandon, Anushree; Laato, Samuli; Islam, Najmul & Dhir, Amandeep (2024). Social comparisons at social networking sites: how social Media-induced fear of missing out and envy drive compulsive use. Internet Research. ISSN 1066-2243. doi: 10.1108/INTR-10-2022-0770. Full text in Research Archive
  • Folwarczny, Michał; Gasiorowska, Agata; Sigurdsson, Valdimar & Otterbring, Tobias (2024). Conspicuous consumption and conscientious conservation: Testing for a status-prosociality link through need for uniqueness and variety seeking. Cleaner and Responsible Consumption. 14. doi: 10.1016/j.clrc.2024.100219. Full text in Research Archive
  • Malodia, Suresh; Filieri, Raffaele; Otterbring, Tobias & Dhir, Amandeep (2024). Unlocking Social Media Success: How Prosumers Drive Brand Engagement through Authentic Conversations with Consumers. British Journal of Management. ISSN 1045-3172. doi: 10.1111/1467-8551.12823. Full text in Research Archive
  • Befus, Eva-Grethe; Mølland, Eirin; Helseth, Sølvi; Småstuen, Milada Cvancarova; Stea, Tonje Holte & Nolte, Sandra [Show all 7 contributors for this article] (2024). The use of youth healthcare services and its association with health-related quality of life, physical and mental health and over-the-counter analgesics use in 13–19-year-old adolescents: a cross-sectional study. BMC Public Health. 24. doi: 10.1186/s12889-023-17544-0. Full text in Research Archive
  • Talwar, Shalini; Dhir, Amandeep; Madanaguli, Arun Thirumalesh & Ractham, Peter (2024). SDG-Embeddedness in Business School Operations: State-of-the-Art Literature, Ground Realities, and Measurement Parameters. IEEE transactions on engineering management. ISSN 0018-9391. 71, p. 13428–13445. doi: 10.1109/TEM.2023.3236609. Full text in Research Archive
  • Ares, Gastón; Alcaire, Florencia; Antúnez, Lucía; Natero, Virginia; León, Carolina de & Gugliucci, Vanessa [Show all 8 contributors for this article] (2023). Exposure effects to unfamiliar food advertisements on YouTube: A randomized controlled trial among adolescents. Food Quality and Preference. ISSN 0950-3293. 111. doi: 10.1016/j.foodqual.2023.104983. Full text in Research Archive
  • Skjølberg, Katja Haaversen-Westhassel; Trysnes, Irene & Furrebøe, Elise Frølich (2023). Is the coronavirus created by the government to control us? Critical thinking and conspiracy beliefs among Norwegian youth in upper secondary schools. Journal of Social Science Education. ISSN 1611-9665. 22(4), p. 1–27. doi: 10.11576/jsse-6295. Full text in Research Archive
  • Rasheed, Muhammad Imran; Hameed, Zahid; Kaur, Puneet & Dhir, Amandeep (2023). Too sleepy to be innovative? Ethical leadership and employee service innovation behavior: A dual-path model moderated by sleep quality. Human Relations. ISSN 0018-7267. 77(6). doi: 10.1177/00187267231163040. Full text in Research Archive
  • Deshpande, Bilwa; Kaur, Puneet; Ferraris, Alberto; Yahiaoui, Dorra & Dhir, Amandeep (2023). The dark side of advertising: promoting unhealthy food consumption. European Journal of Marketing. ISSN 0309-0566. doi: 10.1108/EJM-08-2021-0659. Full text in Research Archive
  • Mäkivierikko, Aram; Siepelmeyer, Henrik; Shahrokni, Hossein; Enarsson, David & Kordas, Olga (2023). Reducing electricity peak loads through ‘pause hours’ - a community-based behavioural demand response approach. Journal of Cleaner Production. ISSN 0959-6526. 408. doi: 10.1016/j.jclepro.2023.137064. Full text in Research Archive
  • Malodia, Suresh; Chauhan, Chetna; Jabeen, Fauzia & Dhir, Amandeep (2023). Antecedents and consequences of open innovation: a conceptual framework. International Journal of Entrepreneurial Behaviour & Research. ISSN 1355-2554. doi: 10.1108/IJEBR-03-2022-0235. Full text in Research Archive
  • Tandon, Anushree; Dhir, Amandeep; Madan, Poornima; Srivastava, Shalini & Nicolau, Juan Luis (2023). Green and non-green outcomes of green human resource management (GHRM) in the tourism context. Tourism Management. ISSN 0261-5177. 98. doi: 10.1016/j.tourman.2023.104765. Full text in Research Archive
  • Christofi, Michael; Hadjielias, Elias; Mahto, Raj V.; Tarba, Shlomo & Dhir, Amandeep (2023). Owner-manager emotions and strategic responses of small family businesses to the COVID-19 pandemic. Journal of Small Business Management. ISSN 0047-2778. doi: 10.1080/00472778.2023.2193230. Full text in Research Archive
  • Haraldstad, Kristin; Abildsnes, Eirik; Bøe, Tormod; Vigsnes, Kristine Løkås; Wilson, Philip & Mølland, Eirin (2023). Health-related quality of life of children from low-income families: the new patterns study. BMC Public Health. 23(1). doi: 10.1186/s12889-023-17335-7. Full text in Research Archive
  • Anwar, Muhammad Azfar; Dhir, Amandeep; Jabeen, Fauzia; Zhang, Qingyu & Siddiquei, Ahmad Nabeel (2023). Unconventional green transport innovations in the post-COVID-19 era. A trade-off between green actions and personal health protection. Journal of Business Research. ISSN 0148-2963. 155. doi: 10.1016/j.jbusres.2022.113442. Full text in Research Archive
  • Perotti, Francesco Antonio; Dhir, Amandeep; Ferraris, Alberto & Kliestik, Tomas (2023). Investigating digital technologies' implementation in circular businesses: Evidence from the going circular path. Journal of Management & Organization. ISSN 1833-3672. doi: 10.1017/jmo.2023.60. Full text in Research Archive
  • Meenakshi, N.; Dhir, Amandeep; Mahto, Raj V.; Nicolau, Juan Luis & Kaur, Puneet (2023). Travelers’ Coping Strategies in the Backdrop of Revenge Tourism. Journal of Travel Research. ISSN 0047-2875. doi: 10.1177/00472875231193596. Full text in Research Archive
  • Bøe, Tormod; Ostojic, Helene Angelica; Haraldstad, Kristin; Abildsnes, Eirik; Wilson, Philip & Vigsnes, Kristine Løkås [Show all 7 contributors for this article] (2023). Self-reported and parent-reported mental health in children from low-income families in Agder, Norway: results from baseline measurements of New Patterns project participants. BMJ Open. 13(11). doi: 10.1136/bmjopen-2023-076400. Full text in Research Archive
  • Swami, Viren; Tran, Ulrich S; Stieger, Stefan; Aavik, Toivo; Ranjbar, Hamed Abdollahpour & abedayo, sulaiman [Show all 51 contributors for this article] (2023). Body appreciation around the world: Measurement invariance of the Body Appreciation Scale-2 (BAS-2) across 65 nations, 40 languages, gender identities, and age. Body image. ISSN 1740-1445. 46, p. 449–466. doi: 10.1016/j.bodyim.2023.07.010. Full text in Research Archive
  • Andersen, Cecilie; Engeset, Marit Gundersen & Nyhus, Ellen K. (2023). Tourist involvement in vacation planning and booking: impact on word of mouth and loyalty. Tourism Review. ISSN 1660-5373. doi: 10.1108/TR-08-2022-0398. Full text in Research Archive
  • Ares, Gaston; Alcaire, Florencia; Gugliucci, Vanessa; Machín, Leandro; León, Carolina de & Natero, Virginia [Show all 7 contributors for this article] (2023). Colorful candy, teen vibes and cool memes: prevalence and content of Instagram posts featuring ultra-processed products targeted at adolescents. European Journal of Marketing. ISSN 0309-0566. doi: 10.1108/EJM-12-2022-0899. Full text in Research Archive
  • Chaudhary, Sanjay; Dhir, Amandeep; Farronato, Nicola; Nicotra, Melita & Pironti, Marco (2023). Nexus between entrepreneurial orientation and intellectual capital. Journal of Intellectual Capital. ISSN 1469-1930. 24(1), p. 70–114. doi: 10.1108/JIC-09-2021-0256. Full text in Research Archive
  • Otterbring, Tobias (2023). Stereotypes, same-sex struggles, and sustainable shopping: intrasexual competition mediates sex differences in green consumption values. Baltic Journal of Management. ISSN 1746-5265. 18(4), p. 450–473. doi: 10.1108/BJM-10-2022-0379. Full text in Research Archive
  • Elbæk, Christian T.; Mitkidis, Panagiotis; Aarøe, Lene & Otterbring, Tobias (2023). Subjective socioeconomic status and income inequality are associated with self-reported morality across 67 countries. Nature Communications. 14. doi: 10.1038/s41467-023-41007-0. Full text in Research Archive
  • Khan, Sher Jahan; Badghish, Saeed; Kaur, Puneet; Sharma, Rajat & Dhir, Amandeep (2023). What motivates the purchasing of green apparel products? A systematic review and future research agenda. Business Strategy and the Environment (BSE). ISSN 0964-4733. 32(7). doi: 10.1002/bse.3360. Full text in Research Archive
  • Jabeen, Fauzia; Tandon, Anushree; Sithipolvanichgul, Juthamon; Srivastava, Shalini & Dhir, Amandeep (2023). Social media-induced fear of missing out (FoMO) and social media fatigue: The role of narcissism, comparison and disclosure. Journal of Business Research. ISSN 0148-2963. 159. doi: 10.1016/j.jbusres.2023.113693. Full text in Research Archive
  • Frank, Darius-Aurel; Jacobsen, Lina Fogt; Søndergaard, Helle Alsted & Otterbring, Tobias (2023). In companies we trust: consumer adoption of artificial intelligence services and the role of trust in companies and AI autonomy. Information Technology and People. ISSN 0959-3845. 36(8), p. 155–173. doi: 10.1108/ITP-09-2022-0721. Full text in Research Archive
  • Mølland, Eirin; Lundberg, Kjetil; Haraldstad, Kristin; Vigsnes, Kristine Løkås; Bøe, Tormod & Danielsen, Hilde [Show all 9 contributors for this article] (2023). Economic composition and income volatility of Norwegian low-income families – a mixed method study of its implications. Nordic Journal of Social Research. 14(1), p. 1–22. doi: 10.18261/njsr.14.1.2. Full text in Research Archive
  • Tandon, Anushree; Sithipolvanichgul, Juthamon; Asmi, Fahad; Anwar, Muhammad Azfar & Dhir, Amandeep (2023). Drivers of green apparel consumption: Digging a little deeper into green apparel buying intentions. Business Strategy and the Environment (BSE). ISSN 0964-4733. doi: 10.1002/bse.3350. Full text in Research Archive
  • Befus, Eva-Grethe; Helseth, Sølvi; Mølland, Eirin; Westergren, Per Christer Thomas; Fegran, Liv & Haraldstad, Kristin (2023). Use of KIDSCREEN health-related quality of life instruments in the general population of children and adolescents: a scoping review. Health and Quality of Life Outcomes. 21. doi: 10.1186/s12955-023-02088-z. Full text in Research Archive
  • Acharya, Chandan; Sigdyal, Pratigya; Ojha, Divesh; Patel, Pankaj C. & Dhir, Amandeep (2023). Knowledge codifiability, common interests and knowledge transfer: the inhibiting role of system dependence under increasing novelty. Journal of Knowledge Management. ISSN 1367-3270. doi: 10.1108/JKM-10-2022-0775. Full text in Research Archive
  • Talwar, Shalini; Dhir, Amandeep; Islam, Nazrul; Kaur, Puneet & Almusharraf, Ahlam (2023). Resistance of multiple stakeholders to e-health innovations: Integration of fundamental insights and guiding research paths. Journal of Business Research. ISSN 0148-2963. 166. doi: 10.1016/j.jbusres.2023.114135. Full text in Research Archive
  • Chaudhary, Sanjay; Kaur, Puneet; Alofysan, Hind; Halberstadt, Jantje & Dhir, Amandeep (2023). Connecting the dots? Entrepreneurial ecosystems and sustainable entrepreneurship as pathways to sustainability. Business Strategy and the Environment (BSE). ISSN 0964-4733. 32(8). doi: 10.1002/bse.3466. Full text in Research Archive

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Published Apr. 25, 2024 2:52 PM - Last modified Nov. 18, 2025 2:39 PM