Markus Dertwinkel-Kalt

Contact Info

Frankfurt School of Finance & Management gGmbH
Adickesallee 32-34
Room: 3.59
60332 Frankfurt am Main
Phone: +49-69-154008-796


Markus Dertwinkel-Kalt is an Assistant Professor of Economics at the Frankfurt School of Finance & Management, working on Industrial Organization and Behavioral Economics. In particular, his research focuses on the effects of salience and limited attention on economic choice. Markus holds a B.Sc. in Mathematics, a M.Sc. in Mathematics, and a PhD in Economics from the Heinrich-Heine University Düsseldorf. Markus was a visiting scholar at the NHH Bergen, CEU Budapest, Royal Holloway College London, and University of Oxford. Since 2017 he is a member of Junges Kolleg.

Markus has published in journals such as the Journal of the European Economic Association, European Economic Review, Journal of Economic Behavior & Organization, or Journal of Law, Economics, & Organization. Below, his full CV can be downloaded.



Salience and Skewness Preferences
Markus Dertwinkel-Kalt and Mats Köster
Journal of the European Economic Association, forthcoming

Multi-Product Bargaining, Bundling, and Buyer Power
Markus Dertwinkel-Kalt and Christian Wey
Economics Letters 188, 2020

Incumbency Dominance in Letters to the Editor: Field Experimental Evidence
Markus Dertwinkel-Kalt, Anna Kerkhof, and Johannes Münster
Political Communication 36, 2019, 337-356

Attention-Driven Demand for Bonus Contracts
Markus Dertwinkel-Kalt, Mats Köster, and Florian Peiseler
European Economic Review 115, 2019, 1-24

Focusing and Framing of Risky Alternatives
Markus Dertwinkel-Kalt and Tobias Wenzel
Journal of Economic Behavior & Organization 159, 2019, 289-304

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

Salient Compromises in the Newsvendor Game
Markus Dertwinkel-Kalt and Mats Köster
Journal of Economic Behavior & Organization 141, 2017, 301-315

Exchange Asymmetries for Bads? Experimental Evidence
Markus Dertwinkel-Kalt and Katrin Köhler
European Economic Review 82, 2016, 231-241

Merger Remedies in Oligopoly under a Consumer Welfare Standard
Markus Dertwinkel-Kalt and Christian Wey
Journal of Law, Economics, & Organization 32, 2016, 150-179

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

Salience and Health Campaigns
Markus Dertwinkel-Kalt
Forum for Health Economics & Policy 19, 2016, 1-22

Procompetitive Dual Pricing
Markus Dertwinkel-Kalt, Justus Haucap, and Christian Wey
European Journal of Law and Economics 41, 2016, 537-557

Remedies as a Signaling Device
Markus Dertwinkel-Kalt and Christian Wey
Information Economics and Policy 35, 2016, 1-6

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

Raising Rivals’ Cost Through Buyer Power
Markus Dertwinkel-Kalt, Justus Haucap, and Christian Wey
Economics Letters 126, 2015, 181-184

Working Papers

Concentration Bias in Intertemporal Choice (September 2019)
Markus Dertwinkel-Kalt, Holger Gerhardt, Gerhard Riener, Frederik Schwerter, and Louis Strang
Revise & Resubmit at Review of Economic Studies (2nd round)

Optimal Stopping in a Dynamic Salience Model (August 2020)
Markus Dertwinkel-Kalt, Jonas Frey, and Mats Köster
Reject & Resubmit at Review of Economic Studies

Attention to Online Sales: The Role of Brand Image Concerns (April 2020)
Markus Dertwinkel-Kalt and Mats Köster

To buy or not to buy? Price Salience in an Online Shopping Field Experiment (April 2020)
Markus Dertwinkel-Kalt, Mats Köster, and Matthias Sutter
Revise & Resubmit at European Economic Review

Testing Fundamentals of Salience Theory (May 2020)
Markus Dertwinkel-Kalt and Lukas Wenner

Oligopolistic Third-Degree Price Discrimination When Markets Are Covered (June 2020)
Markus Dertwinkel-Kalt and Christian Wey

Evidence Production in Merger Control: The Role of Remedies (May 2020)
Markus Dertwinkel-Kalt and Christian Wey
Revise & Resubmit at Review of Industrial Organization

Salient Cues and Complexity (September 2020)
Markus Dertwinkel-Kalt and Mats Köster

If it Bleeds, it Leads: Attention and Negativity in Online News
Markus Dertwinkel-Kalt, Johannes Münster, und Dainis Zegners