University of Münster
Am Stadtgraben 9
48149 Münster
markus.dertwinkel-kalt@wiwi.uni-muenster.de
Phone: +49-221-470-4434
Markus Dertwinkel-Kalt is Professor of Behavioral and Digital Economics at the University of Münster, working on Industrial Organization and Behavioral Economics. Moreover, he is Senior Research Fellow at the MPI Bonn, CESifo Fellow, and External Lecturer at the University of Cologne. Prior to joining Münster, he was a Full Professor at the University of Konstanz and Assistant Professor (tenure track) at the Frankfurt School of Finance & Management.
Markus has published in journals such as the Review of Economic Studies, Journal of the European Economic Association, RAND Journal of Economics, Management Science, and International Economic Review.
Currently, Markus serves as Director of Sustainability and as Chair of the Ethics Committee.
28. Why “Energy Price Brakes” Encourage Moral Hazard, Raise Energy Prices, and Reinforce Energy Savings
Markus Dertwinkel-Kalt and Christian Wey
RAND Journal of Economics, accepted
27. Salient Cues and Complexity
Markus Dertwinkel-Kalt and Mats Köster
Management Science, forthcoming
26. Household reduction of gas consumption in the energy crisis is not explained by individual economic incentives (November 2024)
Markus Dertwinkel-Kalt, Christoph Feldhaus, Axel Ockenfels, and Matthias Sutter
Proceedings of the National Academy of Sciences 121, 2024, e2411740121.
25. What Drives Demand for Loot Boxes? An Experimental Study
Simon Cordes, Markus Dertwinkel-Kalt, and Tobias Werner
Journal of Economic Behavior & Organization 228, 2024, Article 106755.
24. Skewness Preferences: Evidence from Online Poker
Markus Dertwinkel-Kalt, Johannes Kasinger, and Dmitrij Schneider
Games and Economic Behavior 147, 2024, 460-484.
23. Resale Price Maintenance in a Successive Monopoly Model
Markus Dertwinkel-Kalt and Christian Wey
Journal of Industrial Economics 71, 2024, 729-761.
22. Optimal Stopping in a Dynamic Salience Model
Markus Dertwinkel-Kalt and Jonas Frey
International Economic Review 65, 2024, 885-913.
21. On Correlated Lotteries in Economic Applications
Markus Dertwinkel-Kalt, Sebastian Ebert, and Mats Köster
Journal of Economic Behavior & Organization 215, 2023, 292-306
20. Oligopolistic Third-Degree Price Discrimination When Markets Are Covered
Markus Dertwinkel-Kalt and Christian Wey
Journal of Industrial Economics, 71, 2023, 464-490
19. Concentration Bias in Intertemporal Choice
Markus Dertwinkel-Kalt, Holger Gerhardt, Gerhard Riener, Frederik Schwerter, and Louis Strang
Review of Economic Studies 89, 2022, 1314-1334
18. Attention to Online Sales: The Role of Brand Image Concerns
Markus Dertwinkel-Kalt and Mats Köster
Journal of Economics & Management Strategy 31, 2022, 64–89
Coverage: WWU Münster
17. Evidence Production in Merger Control: The Role of Remedies
Markus Dertwinkel-Kalt and Christian Wey
Review of Industrial Organization 59, 2021, 1–12
16. To buy or not to buy? Price Salience in an Online Shopping Field Experiment
Markus Dertwinkel-Kalt, Mats Köster, and Matthias Sutter
European Economic Review 130, 2020, Article 103593
Coverage: Harvard Business Manager
Supplementary Material: Slides, Video Presentation
15. Salience and Skewness Preferences
Markus Dertwinkel-Kalt and Mats Köster
Journal of the European Economic Association 18, 2020, 2057-2107 (lead article)
Supplementary Material: Slides, Online Appendix, Replication (2021)
14. Multi-Product Bargaining, Bundling, and Buyer Power
Markus Dertwinkel-Kalt and Christian Wey
Economics Letters 188, 2020, Article 108936
Supplementary Material: Slides, Online Appendix
13. Incumbency Dominance in Letters to the Editor: Field Experimental Evidence
Markus Dertwinkel-Kalt, Anna Kerkhof, and Johannes Münster
Political Communication 36, 2019, 337-356
Supplementary Material: Slides
12. Attention-Driven Demand for Bonus Contracts
Markus Dertwinkel-Kalt, Mats Köster, and Florian Peiseler
European Economic Review 115, 2019, 1-24
11. Focusing and Framing of Risky Alternatives
Markus Dertwinkel-Kalt and Tobias Wenzel
Journal of Economic Behavior & Organization 159, 2019, 289-304
10. Demand Shifts Due to Salience Effects: Experimental Evidence
Markus Dertwinkel-Kalt, Katrin Köhler, Mirjam R. J. Lange, and Tobias Wenzel
Journal of the European Economic Association 15, 2017, 626–653
9. Salient Compromises in the Newsvendor Game
Markus Dertwinkel-Kalt and Mats Köster
Journal of Economic Behavior & Organization 141, 2017, 301-315
8. Exchange Asymmetries for Bads? Experimental Evidence
Markus Dertwinkel-Kalt and Katrin Köhler
European Economic Review 82, 2016, 231-241
7. Merger Remedies in Oligopoly under a Consumer Welfare Standard
Markus Dertwinkel-Kalt and Christian Wey
Journal of Law, Economics, & Organization 32, 2016, 150-179
6. The Nash Bargaining Solution in Vertical Relations with Linear Input Prices
Hamid Aghadadashli, Markus Dertwinkel-Kalt, and Christian Wey
Economics Letters 145, 2016, 291-294
5. Salience and Health Campaigns
Markus Dertwinkel-Kalt
Forum for Health Economics & Policy 19, 2016, 1-22
4. Procompetitive Dual Pricing
Markus Dertwinkel-Kalt, Justus Haucap, and Christian Wey
European Journal of Law and Economics 41, 2016, 537-557
3. Remedies as a Signaling Device
Markus Dertwinkel-Kalt and Christian Wey
Information Economics and Policy 35, 2016, 1-6
2. Violations of First-Order Stochastic Dominance as Salience Effects
Markus Dertwinkel-Kalt and Mats Köster
Journal of Behavioral and Experimental Economics 59, 2015, 42-46
1. Raising Rivals’ Cost Through Buyer Power
Markus Dertwinkel-Kalt, Justus Haucap, and Christian Wey
Economics Letters 126, 2015, 181-184
Defining what the relevant market is: A new method for consumer research and antitrust (December 2024)
Markus Dertwinkel-Kalt, Vincent Eulenberg, and Christian Wey
Preventing Deindustrialization through Energy Price Subsidies: A Principal-Agent Model (December 2024)
Markus Dertwinkel-Kalt, Anna Ressi, and Christian Wey
Moral Overconfidence (December 2024)
Markus Dertwinkel-Kalt, Christoph Feldhaus, Axel Ockenfels, and Matthias Sutter
The Gas Price Brake Increases Gas Prices: Empirical Evidence (December 2024)
Lukas Brunninger, Markus Dertwinkel-Kalt, Klaus Gugler, and Sven Heim
Correcting beliefs about cooperation dynamics induces the adoption of cooperation-enabling institutions (November 2024, available upon request)
Markus Dertwinkel-Kalt, Vincent Eulenberg, Christoph Feldhaus, Jonas Frey et al.
Public Support for the German Heating Law: When Ideology Trumps Knowledge (October 2024, available upon request)
Markus Dertwinkel-Kalt and Max Grossmann
WiSe 24 at WWU Münster:
– Unternehmen, Wettbewerb und Kooperation (BSc)
– Digital Economics (MSc)
– Seminar: Credence Goods (BSc)
– Seminar: Topics in Behavioral Economics (MSc)
Jobs: Interested in a job at our chair, either as a student assistant or as a doctoral researcher? Then feel free to write us an email! Open Position as PhD Student & Open Position as PostDoc
Dissertation: Essays on Behavioral Economics and Industrial Organization
Master thesis: Rationalisieren projektiver Moduln über Gruppenringen endlicher Gruppen