Behavioral Finance and Contract Theory

Our research concerns economic behavior in the context of financial and organizational decisions. 

Among other topics, we study financial decisions under risk and uncertainty, strategic uncertainty, as well as inequality and unethical behavior. The chair also develops methods for the measurement of economic preferences and expectations. Our teaching includes introductory courses in finance and governance, and specializations in behavioral finance and experimental methods.

Heidelberg spring


Prof. Dr. Stefan Trautmann

Phone: +49 6221 54 2952
Email: stefan.trautmann@awi.uni-heidelberg.de
Room 01.029

Personal Website

Prof. Dr. Stefan Trautmann

Antonia Mentele

Administration Office

Phone: +49 6221 54 2941
Fax: +49 6221 54 3592
Email: antonia.mentele@awi.uni-heidelberg.de
Room 01.013

This is an image of Antonia Mentele

Dr. Pascal Kieren

Phone: +49 6221 54 2951
Email: pascal.kieren@awi.uni-heidelberg.de
Room 01.016

Personal Website

Dr. Pascal Kieren

Dr. Christoph Becker

Phone: +49 6221 54 2940
Email: christoph.becker@awi.uni-heidelberg.de
Room 01.015

Personal Website

Dr. Christoph K. Becker

Dr. Marek Steinke

Phone: +49 6221 54 2940
Email: marek.steinke@awi.uni-heidelberg.de
Room 01.015

Personal Website

Marek Steinke

Former Team Members

Dr. Yilong Xu (Utrecht University)

Dr. Christian König gen. Kersting (Innsbruck University)

Dr. Isadora Kirchmaier (first job at SAP AG)

Dr. Benjamin Roth (first job at LBBW Bank)

Visiting Researchers

Dr. Robert Schmidt, Deutsche Bundesbank

Prof. Wael Bousselmi, ESSCA Business School


The chair offers the mandatory course in Corporate Governance in the B.Sc. program. In both the B.Sc. and M.Sc. programs, we offer several electives in behavioral economics and financial economics, as well as a varying set of seminars on topical issues. For details, consult the course overview of the university and the moodle system (for current students only).