Prof. Dr. Paul Heidhues


Professor of Behavioral and Competition Economics

Düsseldorf Institute for Competition Economics (DICE)
Heinrich-Heine-Universität Düsseldorf
Universitätsstr. 1
40225 Düsseldorf

Building: 24.31 Room: 01.13
Tel. +49 211 81-10244 


Educational Background
2005Habilitation, Humboldt University of Berlin, Berlin, Germany
2000 Ph.D. in Economics, Rice University, Houston, Texas, USA    
1993 Masters in Economics, The Australian National University, Canberra, Australien    
Since 10/2016                                Düsseldorf Institute for Competition Economics (D.I.C.E.), Professor of Behavioral and Competition Economics
2010 -   2016               Lufthansa Chair in Competition and Regulation, Professor of Economics,  ESMT, Berlin, Germany
2016Visiting Scholar, Dartmouth, Hanover, USA
2005 - 2010Associate Professor, Universität Bonn, Bonn, Germany
2009 - 2010Visiting Scholar, University of California, Berkeley, USA


Visiting Associate Professor, Universität Bonn, Bonn, Germany
1999 - 2005Research Fellow, Social Science Research Center Berlin (WZB), Berlin, Germany
Spring 2003Visiting Scholar, Massachusetts Institute of Technology, Cambridge, USA
Fall 2002Visiting Faculty, University of Pittsburgh, Pittsburgh, Pennsylvania, USA
1998 - 1999Junior Research Fellow, Social Science Research Center Berlin (WZB), Berlin, Germany
Representative Publications
Research Interests
  • (Behavioral) Industrial Organisation
  • Behavioral Economics
  • Competition and Consumer Policy
  • (Applied) Game Theory
Paul worked on numerous topics in Industrial Organization and Competition Policy such as input-market bargaining power, merger control, and collusion. More recently, much of his work focuses on the functioning of markets when consumers are partly driven by psychological factors – such as social preferences, loss aversion, time-inconsistency, or naivete – that the classic consumer model abstracts from. Among other things, he has written on how firms optimally price products and design credit contracts in response to consumers' psychological tendencies, and he has investigated the implications of various consumer mistakes for the functioning of markets and for consumer-protection regulation. 
Paul is a member of the Academic Panel of the Competition and Markets Authority of the UK, a member of the Arbeitskreis Kartellrecht of the German Antitrust Authority (Bundeskartellamt), a Research Fellow of the CEPR Programme in Industrial Organization, a Research Fellow of the CESifo Network in Behavioral Economics, and an elected member of the Industrieökonomischer Ausschuss as well as the Theoretischer Ausschuss of the Verein für Socialpolitik. His work appeared in leading academic journals such as the American Economic Review, Econometrica, the Quarterly Journal of Economics, and the Review of Economic Studies.
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