Publications | Professor Dr. Markus Dertwinkel-Kalt | Professorship of Economics with a focus on Behavioural and Digital Economics

2025

Research article (journal)

Dertwinkel-Kalt, M. a. W., & Christian, (2025). Why “Energy Price Brakes” Encourage Moral Hazard, Raise Energy Prices, and Reinforce Energy Savings. RAND Journal of Economics. (accepted / in press (not yet published))
More details BibTeX

@article{DertwinkelKaltC2025WhyEnergy,
  author = {Markus and Wey Dertwinkel-Kalt and  Christian},
  title = {Why “Energy Price Brakes” Encourage Moral Hazard, Raise Energy Prices, and Reinforce Energy Savings},
  journal = {RAND Journal of Economics},
  year = {2025},
  note = {Publication status: accepted / in press (not yet published)}
}

Dertwinkel-Kalt, M., & Köster, M. (2025). Salient Cues and Complexity. Management Science, 71, 428–469.
More details BibTeX DOI

@article{DertwinkelKaltK2025SalientCues,
  author = {Markus Dertwinkel-Kalt and Mats Köster},
  title = {Salient Cues and Complexity},
  journal = {Management Science},
  year = {2025},
  volume = {71},
  pages = {428--469},
  doi = {10.2139/ssrn.3697313},
  note = {Publication status: Published}
}

2024

Research article (journal)

Cordes, S., Dertwinkel-Kalt, M., & Werner, T. (2024). What Drives Demand for Loot Boxes? An Experimental Study. Journal of Economic Behavior and Organization. (accepted / in press (not yet published))
More details BibTeX

@article{CordesDKW2024WhatDrives,
  author = {Simon Cordes and Markus Dertwinkel-Kalt and Tobias Werner},
  title = {What Drives Demand for Loot Boxes? An Experimental Study},
  journal = {Journal of Economic Behavior and Organization},
  year = {2024},
  note = {Publication status: accepted / in press (not yet published)}
}

Dertwinkel-Kalt, M., Feldhaus, C., Ockenfels, A., & Sutter, M. (2024). Household reduction of gas consumption in the energy crisis is not explained by individual economic incentives. Proceedings of the National Academy of Sciences of the United States of America (Proc. Natl. Acad. Sci. U.S.A.), 121.
More details BibTeX

@article{DertwinkelKaltFOS2024HouseholdReduction,
  author = {Markus Dertwinkel-Kalt and Christoph Feldhaus and Axel Ockenfels and Matthias Sutter},
  title = {Household reduction of gas consumption in the energy crisis is not explained by individual economic incentives},
  journal = {Proceedings of the National Academy of Sciences of the United States of America (Proc. Natl. Acad. Sci. U.S.A.)},
  year = {2024},
  volume = {121},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Frey, J. (2024). Optimal Stopping in a Dynamic Salience Model. International Economic Review, 65, 885–913.
More details BibTeX

@article{DertwinkelKaltF2024OptimalStopping,
  author = {Markus Dertwinkel-Kalt and Jonas Frey},
  title = {Optimal Stopping in a Dynamic Salience Model},
  journal = {International Economic Review},
  year = {2024},
  volume = {65},
  pages = {885--913},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., Kasinger, J., & Schneider, D. (2024). Skewness Preferences: Evicence from Online Poker. Games and Economic Behavior, 10977, 460–484.
More details BibTeX Full text DOI

@article{DertwinkelKaltKS2024SkewnessPreferences,
  author = {Markus Dertwinkel-Kalt and Johannes Kasinger and Dmitrij Schneider},
  title = {Skewness Preferences: Evicence from Online Poker},
  journal = {Games and Economic Behavior},
  year = {2024},
  volume = {10977},
  pages = {460--484},
  doi = {10.2139/ssrn.4748026},
  url = {https://www.sciencedirect.com/science/article/pii/S0899825624001131},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Wey, C. (2024). Resale Price Maintenance in a Successive Monopoly Model. Journal of Industrial Economics, 71, 729–761.
More details BibTeX

@article{DertwinkelKaltW2024ResalePrice,
  author = {Markus Dertwinkel-Kalt and Christian Wey},
  title = {Resale Price Maintenance in a Successive Monopoly Model},
  journal = {Journal of Industrial Economics},
  year = {2024},
  volume = {71},
  pages = {729--761},
  note = {Publication status: Published}
}

2023

Research article (journal)

Dertwinkel-Kalt, M., & Wey, C. (2023). Oligopolistic Third-Degree Price Discrimination When Markets Are Covered. Journal of Industrial Economics, 71, 464–490.
More details BibTeX

@article{DertwinkelKaltW2023Oligopolistic,
  author = {Markus Dertwinkel-Kalt and Christian Wey},
  title = {Oligopolistic Third-Degree Price Discrimination When Markets Are Covered},
  journal = {Journal of Industrial Economics},
  year = {2023},
  volume = {71},
  pages = {464--490},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., Ebert, S., & Köster, M. (2023). On Correlated Lotteries in Economic Applications. Journal of Economic Behavior and Organization, 215, 292–306.
More details BibTeX Full text DOI

@article{DertwinkelKaltEK2023OnCorrelated,
  author = {Markus Dertwinkel-Kalt and Sebstian Ebert and Mats Köster},
  title = {On Correlated Lotteries in Economic Applications},
  journal = {Journal of Economic Behavior and Organization},
  year = {2023},
  volume = {215},
  pages = {292--306},
  doi = {10.1016/j.jebo.2023.08.025},
  url = {https://authors.elsevier.com/sd/article/S0167-2681(23)00315-3},
  note = {Publication status: Published}
}

2022

Research article (journal)

Dertwinkel-Kalt, M., Gerhardt, H., Riener, G., Schwerter, F., & Strang, L. (2022). Concentration Bias in Intertemporal Choice. Review of Economic Studies, 89, 1314–1334.
More details BibTeX

@article{DertwinkelKaltGRSS2022Concentration,
  author = {M. Dertwinkel-Kalt and H. Gerhardt and G. Riener and F. Schwerter and L. Strang},
  title = {Concentration Bias in Intertemporal Choice},
  journal = {Review of Economic Studies},
  year = {2022},
  volume = {89},
  pages = {1314--1334},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Köster, M. (2022). Attention to Online Sales: The Role of Brand Image Concerns. Journal of Economics & Management Strategy, 31, 64–89.
More details BibTeX

@article{DertwinkelKaltK2022AttentionTo,
  author = {Markus Dertwinkel-Kalt and Mats Köster},
  title = {Attention to Online Sales: The Role of Brand Image Concerns},
  journal = {Journal of Economics & Management Strategy},
  year = {2022},
  volume = {31},
  pages = {64--89},
  note = {Publication status: Published}
}

2021

Research article (journal)

Dertwinkel-Kalt, M., & Wey, C. (2021). Evidence Production in Merger Control: The Role of Remedies. Review of Industrial Organization, 59, 1–12.
More details BibTeX

@article{DertwinkelKaltW2021EvidenceProduction,
  author = {Markus Dertwinkel-Kalt and Christian Wey},
  title = {Evidence Production in Merger Control: The Role of Remedies},
  journal = {Review of Industrial Organization},
  year = {2021},
  volume = {59},
  pages = {1--12},
  note = {Publication status: Published}
}

2020

Research article (journal)

Dertwinkel-Kalt, M., & Köster, M. (2020). Salience and Skewness Preferences. Journal of the European Economic Association, 18(5), 2051–2107.
More details BibTeX

@article{DertwinkelKaltK2020SalienceAnd,
  author = {Markus Dertwinkel-Kalt and Mats Köster},
  title = {Salience and Skewness Preferences},
  journal = {Journal of the European Economic Association},
  year = {2020},
  volume = {18},
  number = {5},
  pages = {2051--2107},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., Köster, M., & Sutter, M. (2020). To Buy or not to Buy? Price Salience in an Online Shopping Field Experiment. European Economic Review, 130, Article 103593.
More details BibTeX

@article{DertwinkelKaltKS2020ToBuyOrNot,
  author = {Markus Dertwinkel-Kalt and Mats Köster and Matthias Sutter},
  title = {To Buy or not to Buy? Price Salience in an Online Shopping Field Experiment},
  journal = {European Economic Review},
  year = {2020},
  volume = {130},
  pages = {Article 103593},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Wey, C. (2020). Multi-Product Bargaining, Bundling, and Buyer Power. Economics Letters, 118, Article 108936.
More details BibTeX

@article{DertwinkelKaltW2020MultiProduct,
  author = {Markus Dertwinkel-Kalt and Christian Wey},
  title = {Multi-Product Bargaining, Bundling, and Buyer Power},
  journal = {Economics Letters},
  year = {2020},
  volume = {118},
  pages = {Article 108936},
  note = {Publication status: Published}
}

2019

Research article (journal)

Dertwinkel-Kalt, M., Köster, M., & Peiseler, F. (2019). Attention-driven Demand for Bonus Contracts. European Economic Review, 115, 1–24.
More details BibTeX

@article{DertwinkelKaltKP2019AttentionDriven,
  author = {Markus Dertwinkel-Kalt and Mats Köster and Florian Peiseler},
  title = {Attention-driven Demand for Bonus Contracts},
  journal = {European Economic Review},
  year = {2019},
  volume = {115},
  pages = {1--24},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., Münster, J., & Kerkhof, A. (2019). Incumbency Dominance in Electoral Races: Field Experimental Evidence. Political Communication, 36, 337–356.
More details BibTeX

@article{DertwinkelKaltMK2019Incumbency,
  author = {Markus Dertwinkel-Kalt and Johannes Münster and Anna Kerkhof},
  title = {Incumbency Dominance in Electoral Races: Field Experimental Evidence},
  journal = {Political Communication},
  year = {2019},
  volume = {36},
  pages = {337--356},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Wenzel, T. (2019). Focusing and Framing of Risky Alternatives. Journal of Economic Behavior & Organization, 159, 289–304.
More details BibTeX

@article{DertwinkelKaltW2019FocusingAnd,
  author = {Markus Dertwinkel-Kalt and Tobias Wenzel},
  title = {Focusing and Framing of Risky Alternatives},
  journal = {Journal of Economic Behavior & Organization},
  year = {2019},
  volume = {159},
  pages = {289--304},
  note = {Publication status: Published}
}

2017

Research article (journal)

Dertwinkel-Kalt, M., Köhler, K., Lange, M., & Wenzel, T. (2017). Demand Shifts Due to Salience Effects: Experimental Evidence. Journal of the European Economic Association, 15(3), 626–653.
More details BibTeX

@article{DertwinkelKaltKLW2017DemandShifts,
  author = {Markus Dertwinkel-Kalt and Kathrin Köhler and Mirjam Lange and Tobias Wenzel},
  title = {Demand Shifts Due to Salience Effects: Experimental Evidence},
  journal = {Journal of the European Economic Association},
  year = {2017},
  volume = {15},
  number = {3},
  pages = {626--653},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Köster, M. (2017). Salient Compromises in the Newsvendor Game. Journal of Economic Behavior & Organization, 141, 301–315.
More details BibTeX

@article{DertwinkelKaltK2017SalientCompromises,
  author = {Markus Dertwinkel-Kalt and Mats Köster},
  title = {Salient Compromises in the Newsvendor Game},
  journal = {Journal of Economic Behavior & Organization},
  year = {2017},
  volume = {141},
  pages = {301--315},
  note = {Publication status: Published}
}

2016

Research article (journal)

Dertwinkel-Kalt, M. (2016). Salience and Health Campaigns. Forum for Health Economics & Policy, 19(1), 1–22.
More details BibTeX

@article{DertwinkelKalt2016SalienceAnd,
  author = {Markus Dertwinkel-Kalt},
  title = {Salience and Health Campaigns},
  journal = {Forum for Health Economics & Policy},
  year = {2016},
  volume = {19},
  number = {1},
  pages = {1--22},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., Aghadadashli, H., & Wey, C. (2016). The Nash Bargaining Solution in Vertical Relations With Linear Input Prices. Economics Letters, 145, 291–294.
More details BibTeX

@article{DertwinkelKaltAW2016TheNashBargaining,
  author = {Markus Dertwinkel-Kalt and H. Aghadadashli and Christian Wey},
  title = {The Nash Bargaining Solution in Vertical Relations With Linear Input Prices},
  journal = {Economics Letters},
  year = {2016},
  volume = {145},
  pages = {291--294},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Köhler, K. (2016). Exchange Asymmetries for Bads? Experimental Evidence. European Economic Review, 82, 231–241.
More details BibTeX

@article{DertwinkelKaltK2016ExchangeAsymmetries,
  author = {Markus Dertwinkel-Kalt and Kathrin Köhler},
  title = {Exchange Asymmetries for Bads? Experimental Evidence},
  journal = {European Economic Review},
  year = {2016},
  volume = {82},
  pages = {231--241},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Wey, C. (2016). Merger Remedies in Oligopoly Under a Consumer Welfare Standard. Journal of Law, Economics, & Organization, 32(1), 150–179.
More details BibTeX

@article{DertwinkelKaltW2016MergerRemedies,
  author = {Markus Dertwinkel-Kalt and Christian Wey},
  title = {Merger Remedies in Oligopoly Under a Consumer Welfare Standard},
  journal = {Journal of Law, Economics, & Organization},
  year = {2016},
  volume = {32},
  number = {1},
  pages = {150--179},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Wey, C. (2016). Remedies as a Signalling Device. Information Economics & Policy, 35, 1–6.
More details BibTeX

@article{DertwinkelKaltW2016RemediesAs,
  author = {Markus Dertwinkel-Kalt and Christian Wey},
  title = {Remedies as a Signalling Device},
  journal = {Information Economics & Policy},
  year = {2016},
  volume = {35},
  pages = {1--6},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, H. J., & Wey, C. (2016). Procompetitive Dual Pricing. European Journal of Law and Economics, 41(3), 537–557.
More details BibTeX

@article{DertwinkelKaltW2016Procompetitive,
  author = {Haucap Justus Dertwinkel-Kalt and Christian Wey},
  title = {Procompetitive Dual Pricing},
  journal = {European Journal of Law and Economics},
  year = {2016},
  volume = {41},
  number = {3},
  pages = {537--557},
  note = {Publication status: Published}
}

2015

Research article (journal)

Dertwinkel-Kalt, M., Haucap, J., & Wey, C. (2015). Raising Rivals’ Cost Through Buyer Power. Economics Letters, 126, 181–184.
More details BibTeX

@article{DertwinkelKaltHW2015RaisingRivals,
  author = {Markus Dertwinkel-Kalt and Justus Haucap and Christian Wey},
  title = {Raising Rivals’ Cost Through Buyer Power},
  journal = {Economics Letters},
  year = {2015},
  volume = {126},
  pages = {181--184},
  note = {Publication status: Published}
}

Dertwinkel-Kalt, M., & Köster, M. (2015). Violations of First-Order Stochastic Dominance as Salience Effects. Journal of Behavioral and Experimental Economics, 59, 42–46.
More details BibTeX

@article{DertwinkelKaltK2015Violations,
  author = {Markus Dertwinkel-Kalt and Mats Köster},
  title = {Violations of First-Order Stochastic Dominance as Salience Effects},
  journal = {Journal of Behavioral and Experimental Economics},
  year = {2015},
  volume = {59},
  pages = {42--46},
  note = {Publication status: Published}
}