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Prof. Dr. Christian Biener

Associate Professor of Behavioral Risk Management
christian.biener@unisg.ch +41 71 224 79 81 https://www.linkedin.com/in/christian-biener-6a684b17/ https://www.alexandria.unisg.ch/entities/person/Christian_Biener/publications
Research Area Behavioral and Experimental Research in Risk and Insurance

Christian Biener is an Associate Professor of Behavioral Risk Management at the University of St.Gallen (HSG), and Director at the Institute of Insurance Economics (IVW-HSG). Prof. Biener has been a visiting researcher at the University of Wisconsin-Madison (United States) and the University of Mannheim (Germany). He received a venia legendi in Finance from the University of St.Gallen, a doctoral degree in Political and Economic Sciences (Dr. rer. pol.) from the University of Ulm (Germany) and a diploma in Business Administration (Dipl.-Kfm.) from Goethe-University Frankfurt (Germany). Prof. Biener has received the Shin Research Excellence Award from the Geneva Association and the International Insurance Society and the Doctoral Dissertation Award from the University of Ulm Society.

  • Curriculum Vitae

  • Working Papers & Publications

  • Grants & Activities

  • Associates

  • Curriculum Vitae

Appointments & Positions

  • since 2021: University of St.Gallen, Institute of Insurance Economics, Director
  • since 2021: University of St.Gallen, Associate Professor of Behavioral Risk Management
  • since 2021: University of St.Gallen, Institute of Insurance Economics, Academic Director Future.Value Company Network
  • since 2019: University of St.Gallen, Institute of Insurance Economics, Member of the Executive Board
  • since 2019: University of St.Gallen, PhD in Finance (PiF), Member of the Program Committee
  • 2017 – 2021: University of St.Gallen, Privatdozent (PD)
  • 2015: University of Wisconsin–Madison, Department of Risk and Insurance, visiting scholar
  • 2014: University of Mannheim, Department of Economics, visiting scholar
  • 2011 – 2017: University of St.Gallen, Institute of Insurance Economics, postdoctoral researcher

Education

  • 2017: Habilitation in Finance, University of St.Gallen, School of Finance
  • 2011: Doctor of Political and Economic Sciences (Dr. rer. pol.), University of Ulm, summa cum laude
  • 2009: Diploma in Economics and Business Administration (Dipl.-Kfm.), Goethe – University Frankfurt
  • Working Papers & Publications

Peer-Reviewed Journal Publications

  • Biener, C., and A. Waeber, 2024, Would I Lie to You? How Interaction with Chatbots Induces Dishonesty, Journal of Behavioral and Experimental Economics, 112(2024).
  • Biener, C., and L. Zou, 2024, More Options, More Problems? Lost in the Health Insurance Maze, Journal of Risk and Insurance, 91(1), 5-35.
  • Biener, C., and A. Landmann, 2023, Recovery Mode: Non-Cognitive Skills After the Storm, World Development, 164(2023).
  • Biener, C., M. Eling, and R. Jia, 2021, Globalization of the Insurance Industry: A Blessing or a Curse? European Journal of International Management, 15(2/3): 457-483.
  • Biener, C., M. Eling, and M. Lehmann, 2020, Balancing the Desire for Privacy Against the Desire to Hedge Risk, Journal of Economic Behavior and Organization, 180(2020): 608-620.
  • Biener, C., A. Landmann, and M. I. Santana, 2019, Contract Nonperformance Risk and Uncertainty in Insurance Markets, Journal of Public Economics, 175(2019): 65–83.
  • Biener, C., M. Eling, A. Landmann, and S. Pradhan, 2018, Can Group Incentives Alleviate Moral Hazard? The Role of Pro-Social Preferences, European Economic Review, 101(2018): 230–249.
  • Biener, C., M. Eling, and R. Jia, 2017, The Structure of the Global Reinsurance Market: An Analysis of Efficiency, Scale, and Scope, Journal of Banking and Finance, 77(1): 213–229.
  • Biener, C., M. Eling, and J. H. Wirfs, 2016, The Determinants of Efficiency and Productivity in the Swiss Insurance Industry, European Journal of Operational Research, 248(2): 703–714.
  • Biener, C., M. Eling, and S. Pradhan, 2015, Recent Research Developments Affecting Nonlife Insurance: The CAS Risk Premium Project 2013, Risk Management and Insurance Review, 18(1): 129–141.
  • Biener, C., M. Eling, and J. H. Wirfs, 2015, Insurability of Cyber Risk: An Empirical Analysis, Geneva Papers on Risk and Insurance, 40(1): 131–158.
  • Biener, C., M. Eling, and J. T. Schmit, 2014, Regulation in Microinsurance Markets: Principles, Practice, and Directions for Future Development, World Development, 58(1): 21–40.
  • Biener, C., 2013, Pricing in Microinsurance Markets, World Development, 41(1): 132–144.
  • Biener, C., and M. Eling, 2013, Recent Research Developments Affecting Nonlife Insurance: The CAS Risk Premium Project 2012, Risk Management and Insurance Review, 16(2): 219–231.
  • Biener, C., and M. Eling, 2012, Organization and Efficiency in the International Insurance Industry: A Cross-Frontier Analysis, European Journal of Operational Research, 221(2): 454–468.
  • Biener, C., and M. Eling, 2012, Insurability in Microinsurance Markets: An Analysis of Problems and Potential Solutions, Geneva Papers on Risk and Insurance, 37(1): 77–107.
  • Biener, C., and M. Eling, 2011, The Performance of Microinsurance Programs: A Data Envelopment Analysis, Journal of Risk and Insurance, 78(1): 83–115.

Submitted Papers, Working Papers, and Work in Progress

  • Biener, C., and L. Zou, Magnitude and Social Correlates of Poor Decisions in Health Insurance, invitation to revise and resubmit from Journal of Public Economics.
  • Biener, C., T. Epper, and F. Walthes, Purchasing Peace of Mind, working paper.
  • Biener, C., and A. Waeber, Social Norms and Insurance Fraud, working paper.
  • Biener, C., and T. Epper, Beyond Health: An Investigation of the Association between the Human Intestinal Microbiome and Human Economic Preferences, work in progress.
  • Biener, C., and T. Epper, Identifying Risk and Ambiguity Preferences Free from Context, work in progress.
  • Biener, C., How Biased Focus Can Explain Demand for Low Deductibles, work in progress.

Monographs and Other Publications (Non-Peer-Reviewed)

  • Biener, C., and A. Waeber, 2023, Would I Lie to You? I.VW Management Information.
  • Biener, C., 2022, Effekt der COVID-19 Pandemie auf die 2020 OKP Gesundheitskosten, commissioned study for Santésuisse.
  • Biener, C., Braun, A., and H. Schmeiser, 2021, «Skills der Zukunft» für die Assekuranz, commissioned study for Swiss Insurance Association (SIA).
  • Biener, C. and T. Epper, 2020, Contact-Tracing-App: Es geht nur, wenn alle mitmachen, guest commentary for Neue Zürcher Zeitung (NZZ).
  • Biener, C., and H. Schmeiser, 2019, How Should Medical Costs Be Allocated? commissioned study for Credit Suisse Research Institute.
  • Biener, C., 2019, Artificial Conversational Agents – Changing the Norms? I.VW Management Information.
  • Biener, C., A. Waeber, and L. Zou, 2019, Heterogeneity in Behavioral Biases: A Review of the Literature, commissioned study for Swiss Re Institute.
  • Biener, C., Eling, M., and J. H. Wirfs, 2015, Cyber Risk: Risikomanagement und Versicherbarkeit, I.VW Schriftenreihe, Band 54.
  • Beck, K., von Wyl, V., Biener, C., and M. Eling, 2014, Brennpunkt Solidarität: Diskussionsbeiträge zur Weiterentwicklung der Sozialen Krankenversicherung, Schriftenreihe der SGGP (Bern: Verlag SGGP).
  • Biener, C., and M. Eling, 2012, Emerging Markets gewinnen an Bedeutung, Zeitschrift für Versicherungswesen, 63(4): 119–122.
  • Biener, C., and M. Eling, 2011, Mikroversicherung: Profitabilität und Wachstumschancen in Zukunftsmärkten, Zeitschrift für das gesamte Kreditwesen, 64(8): 403–404.
  • Grants & Activities

Third-Party Grants

  • 2024 – 2027: Swiss National Science Foundation, research project 100018_219592
  • 2022: University of St.Gallen Research Fund, research project funding
  • 2019 – 2023: Swiss National Science Foundation, research project 100018_189021
  • 2019 – 2021: Swiss National Science Foundation, research project CRSK-1_190891
  • 2018: University of St.Gallen Research Fund, research project funding
  • 2015: Swiss National Science Foundation, scholarship IZK0Z1_160635
  • 2015: Dr. Hans Kessler Fund, research project funding
  • 2012 – 2015: Swiss National Science Foundation, research project 100018M_143576
  • 2012 – 2013: University of St.Gallen Research Fund (with M. Eling), research project funding

Refereeing Activities

  • European Journal of Finance
  • European Journal of Law and Economics
  • European Journal of Operational Research
  • Experimental Economics
  • Geneva Papers on Risk and Insurance
  • Journal of Behavioral and Experimental Economics
  • Journal of Contingencies and Crisis Management
  • Journal of the Economics of Ageing
  • Journal of Economic Behavior and Organization
  • Journal of the European Economic Association
  • Journal of Insurance Issues
  • Journal of Public Economics
  • Journal of Risk and Insurance
  • Risk Management and Insurance Review
  • Swiss Society for Financial Market Research Annual Meeting
  • Transactions on Internet Technology
  • World Risk and Insurance Economics Congress

Teaching

  • CAS Customer and Sales Excellence in Insurance (academic director)
  • St.Galler AssekuranzForum (academic director)
  • DAS Insurance Management (module lead)
  • Executive Master HSG Insurance and Financial Services
  • CAS Management for the Legal Profession
  • Various inhouse executive programs (e.g., Munich Re, Zurich, Vaudoise)
  • Decision Making under Risk and Uncertainty (MA, University of St.Gallen)
  • History of Finance (MA, University of St.Gallen)
  • Impact and Welfare Consequences of Insurance (MA, University of St.Gallen)
  • Topics in Behavioral and Experimental Research (PhD, University of St.Gallen)
  • Psychology of Risk (BC, University of St.Gallen)
  • Experimental Research in Risk and Insurance (PhD, University of St.Gallen), guest lecturer
  • Value Based Management in Insurance (MA, University of St.Gallen)
  • Vulnerability of Financial Systems (MA, University of St.Gallen), guest lecturer
  • Associates

  • Walthes Felix e1693905391204

    M.A. Felix M. Walthes

    Research Associate
  • Zou Lan e1693906386518

    Dr. Lan Zou

    Postdoctoral Researcher
  • PhD Kunzelmann Patrick Foto gecshnitten

    M.A. Patrick Kunzelmann

    Research Associate

Veranstaltungen

Prof. Dr. Lorilee Medders – Appalachian State University
Future.Talk 1/2026 – Auswirkung von Künstlicher Intelligenz auf die Altersvorsorge
Prof. Dr. Sebastian Utz – Universität Augsburg

News

  • Kommentar: Erdbebenversicherung als Eventualverpflichtung
  • Publication in the Journal of Banking & Finance
  • New Study on Gen AI Risks for Businesses
  • Wechsel in der IVW-HSG Fördergesellschaft
  • Students’ Business Club: Panel with Zurich CFO

Weiterbildungen

Executive Master Insurance & Financial Services
Diplomprogramm Insurance Management
Zertifikate / CAS
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