Author: Markus

Contact

University of Münster
Am Stadtgraben 9
48149 Münster

markus.dertwinkel-kalt@wiwi.uni-muenster.de
Phone: +49-221-470-4434

Imprint, Privacy Policy

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.

CV of Markus Dertwinkel-Kalt (2023)

Links

• Homepage at the University of Münster
• Homepage at the MPI Bonn
• Homepage at the DFG
• Homepage at the University of Cologne (C-SEB)
• Homepage at SSRN
• Homepage at the CESifo
• Profile at Google Scholar
• Twitter

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

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!