Market design, behavioral economics

Axel Ockenfels is a Professor of Economics and Speaker of the Excellence Center for Social and Economic Behavior at the University of Cologne. He combines tools from game theory and behavioral research to design markets and competitive strategies. This approach has many useful applications, and it has benefitted from collaborations with governments, market platforms, and companies. Axel serves on the Advisory Board at the Federal Ministry for Economic Affairs and Energy, as an editor of Management Science, and is a member of several academies of science. He studied Economics at the University of Bonn and received his PhD at the University of Magdeburg in 1998.

Published papers

• Fixing Feedback Revision Rules in Online Markets

  Bolton, G., Breuer, K., Greiner, B., & Ockenfels, A. (2023). Fixing Feedback Revision Rules in Online Markets. Journal of Economics and Management Strategy.

• Games as Frames

  Ockenfels, A., & Schier, U. K. (2020). Games as frames. Journal of Economic Behavior & Organization.

• Pandemiebereitschaft, internationale Kooperation und Marktdesign

  Ockenfels, A. Pandemiebereitschaft, internationale Kooperation und Marktdesign. Wirtschaftsdienst (2021).

• Do People Intervene to Make Others Behave Prosocially?

  Ackfeld, V. & Ockenfels, A. (2021). Do People Intervene to Make Others Behave Prosocially? Games and Economic Behavior.

• What Motivates Paternalism? An Experimental Study

  Ambuehl, S., Bernheim, B. D., & Ockenfels, A. (2021). What Motivates Paternalism? An Experimental Study. American Economic Review, 111(3), 787-830.

• Payment in Challenge Studies from an Economics Perspective

  Ambuehl, S., Ockenfels, A., & Roth, A. E. (2020). Payment in challenge studies from an economics perspective. Journal of Medical Ethics, 46(12), 831-832.

• Maverick: Experimentally Testing a Conjecture of the Antitrust Authorities

  Engel, C., & Ockenfels, A. (2020). Maverick: Experimentally Testing a Conjecture of the Antitrust Authorities. Advances in the Sociology of Trust and Cooperation: Theory, Experiments, and Field Studies, 357.

• Pricing Externalities and Moral Behaviour

  Ockenfels, A., Werner, P., & Edenhofer, O. (2020). Pricing externalities and moral behaviour. Nature Sustainability, 1-6.

• Überkreuznierenspenden in Deutschland?

  Kübler, D., & Ockenfels, A. (2020). Überkreuznierenspenden in Deutschland?. Medizinrecht, 38(2), 89-94.

• Market Design, Human Behavior and Management

  Chen, Y., Cramton, P., List, J. A., & Ockenfels, A. (2020). Market Design, Human Behavior, and Management (No. w26873). National Bureau of Economic Research.

Discussion papers

• Fixing Feedback Revision Rules in Online Markets

Policy briefs

• Empfehlungen für das Marktdesign zur Befüllung der Gasspeicher

• Einsatz verhaltensökonomischer Interventionen zur Verbesserung ärztlicher Entscheidungen

• Marktdesign für die Gasmangellage

• Toward an EU Gas-Purchasing Cartel

• Marktdesign für eine resiliente Impfstoffproduktion

• It is Time to Auction Slots at Congested Airports