Role
Thorsten is a professor in experimental and behavioural economics. He works with colleagues in the Nottingham Business School and with his international network.
His main research interest is using laboratory and field experiments to find solutions for real life challenges. Thorsten has various research leadership positions at the school level.
Career overview
Thorsten previously worked at the University of Nottingham (Business School) where he was Chair of Industrial Economics and the director for the centre for research in the behavioural sciences. In addition to this, he was the PhD programme director and the research director for the industrial economics, finance, risk and banking group.
Before his time in Nottingham, Thorsten worked at the Universities of Munich (LMU), Duisburg, Bonn (Germany) and the Shanghai Jiao Tong University in China. Thorsten studied at the University of Bonn (Germany) and holds PhD’s in Economics and Physics.
On Thursday 7 February 2019 Thorsten delivered his Inaugural Lecture: '(Mis)Behaviour': Examples from experimental and behavioural economics - from Traffic Jams to Brexit.
Research areas
- Behavioural Economics
- Experimental Economics
- Game Theory
- Psychology
- Decision Making
External activity
Thorsten is a member of the Centre for Research in the Behavioural Sciences (CRIBS) and the Centre for Decision Research and Experimental Economics (CeDEx) at the University of Nottingham.
He is a member of the advisory board for the Centre for Experimental Research in International Business (CERIB) at Kingston Business School.
Publications
Internally Reporting Risk in Financial Services: An Empirical Analysis, Journal of Business Ethics(2017), (with Bryce C.; Chmura, T.; Webb, R.; Cheevers, C.; Webb, R.; Stiebale, J.).
Natural Groups and Economic Characteristics as Driving Forces of Wage Discrimination, (2016) European Economic Review, Vol. 90, pp. 178-200 (With: Sebastian Goerg and Pia Weiss).
Loyalty Programs in Emerging and Developed Markets: The Impact of Cultural Values on Loyalty Program Choice, (2016), Journal of International Marketing, Vol.23 (3), pp. 87-103. (With: Frauke Mattison Thompson).
Common components of risk and uncertainty attitudes across contexts and domains: Evidence from 30 countries, (2014). Journal of the European Economic Association. Vol.13 (3), pp. 421-452 - (With: Ferdinand M. Vieider, Mathieu Lefebvre, Ranoua Bouchouicha, Rustamdjan Hakimov, Michal Krawczyk, Peter Martinsson).
Stationary Concepts for Experimental 2x2-Games, (2008). American Economic Review 98(3), pp. 938-66. (With Reinhard Selten).
Commuters Route Choice Behaviour, (2007). Games and Economic Behaviour 58, pp. 394–406. (With Reinhard Selten, Thomas Pitz , Sebastian Kube and Michael Schreckenberg).