Author: Markus
Contact
University of Münster
Am Stadtgraben 9
48149 Münster
markus.dertwinkel-kalt@wiwi.uni-muenster.de
Phone: +49-221-470-4434
News
- 12/2022: DFG research group Consumer Preferences, Consumer Mistakes, and Firms’ response approved
- 12/2022: New study reveals adverse effects of the German gas price brake
- 12/2022: BMBF research project “ClimLabels – Transition labels in climate finance” approved
- 10/2022: Interview published in Harvard Business Manager
- 08/2022: Guest Article for “WELT” on behavioral effects of media reports on the pandemic
- 08/2022: Markus starts DFG-project “Defining what the relevant market is: A new method for (digital) antitrust”
- 07/2022: Markus invited to Stern TV as expert for the psychology of inflation
- 05/2022: New publication: “Concentration Bias in Intertemporal Choice” is published in RESTUD
- 02/2022: New publication: “Attention to Online Sales: The Role of Brand Image Concerns” is published in JEMS
- 02/2022: New publication: “Oligopolistic Third-Degree Price Discrimination When Markets Are Covered” is forthcoming at the JINDEC
- 10/2021: Markus ranked among the top young economists in the new Handelsblatt/Forschungsmonitoring ranking
- 10/2021: Markus started as Senior Research Fellow at Max Planck Institute for Research on Collective Goods
- 10/2021: Markus started as Professor of Economics at the University of Münster
CV
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, European Economic Review, Journal of Law, Economics & Organization, Journal of Industrial Economics, Journal of Economics & Management Strategy, and Journal of Economic Behavior & Organization.
Publications
21. Resale Price Maintenance in a Successive Monopoly Model
Markus Dertwinkel-Kalt and Christian Wey
Journal of Industrial Economics, forthcoming
20. Oligopolistic Third-Degree Price Discrimination When Markets Are Covered
Markus Dertwinkel-Kalt and Christian Wey
Journal of Industrial Economics, forthcoming
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
Working Papers
What Drives Demand for Loot Boxes? An Experimental Study (February 2023)
Simon Cordes, Markus Dertwinkel-Kalt, and Tobias Werner
Why Germany’s Gas Price Brake Encourages Moral Hazard and Raises Gas Prices (December 2022)
Markus Dertwinkel-Kalt and Christian Wey
Coverage: FAZ, WWU Münster
Salient Cues and Complexity (February 2022)
Markus Dertwinkel-Kalt and Mats Köster
Revise & Resubmit at Management Science
Optimal Stopping in a Dynamic Salience Model (March 2023)
Markus Dertwinkel-Kalt and Jonas Frey
Supplementary Material: Slides, Video Presentation
Revise & Resubmit at International Economic Review
Skewness Preferences: Evidence from Online Poker (June 2022)
Markus Dertwinkel-Kalt, Johannes Kasinger, and Dmitrij Schneider
Supplementary Material: Video Presentation
On Correlated Lotteries in Economic Applications (October 2022)
Markus Dertwinkel-Kalt, Sebastian Ebert, and Mats Köster
Revise & Resubmit at Journal of Economic Behavior & Organization
Mergers with Production Flexibility (February 2021)
Hamid Aghadadashli, Markus Dertwinkel-Kalt and Christian Wey
If it Bleeds, it Leads: Attention and Negativity in Online News
Markus Dertwinkel-Kalt, Johannes Münster, and Dainis Zegners
Third-Party Funded Projects
- Defining what the relevant market is: A new method for (digital) antitrust (DFG, 2022-2025)
- Firms’ Response to Non-Directed Attention Allocation (DFG, 2023-2027)
- Designing & Structuring Financial Products to Exploit Retail Investors with Limited Attention (DFG, 2023-2027)
- ClimLabels – Transformation Labels for Sustainable Finance (BMBF, 2022-2025)
Teaching
SoSe 23 at WWU Münster:
– Behavioral Economics (BSc)
– Advanced Behavioral Economics (MSc)
– Seminar: Topics in Digital Economics (MSc) (MSc)
– Seminar: Media Bias (BSc)
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!