Undergraduate introductory course on business administration, covering the foundations of the field: business functions (procurement, production, sales, finance), organizational types and structures, corporate goals and strategy, and decision theory under risk and uncertainty (expected utility, behavioral anomalies, multi-stage and group decisions, game-theoretic interdependent decisions). Taught the transition from research question to causal identification (correlation vs. causation, spurious correlations), giving students an early grounding in empirical reasoning alongside the core business-economics content.
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publications
Market Structure, Directed Innovation, and the Electrification Transition
Joint work with Sebastian Rausch and Oliver Schenker
Electrification is a key lever for decarbonization. Achieving it requires not only abundant, low-cost clean electricity, but also new technologies that can convert electricity into valuable economic services. While the Directed Technical Change (DTC) literature emphasizes that innovation responds to relative profit opportunities, these profits are shaped by market structure and competition intensity. Building a novel model of directed technical change with endogenous markups across energy generating and consuming sectors, we analyze how imperfect competition and technological linkages jointly shape the pace and direction of electrification. We show that competition effects, in particular free exit and entry of firms, can weaken lock-in effects that typically favor fossil technologies. Furthermore, the competition effects dampen the speed of transition, especially under strong climate policy. Policies that combine carbon pricing with research subsidies and competition policies that reduce fossil-sector markups can direct innovation incentives, achieving faster and more cost-effective electrification.
talks
Tsinghua-ZEW Young Scholar Workshop on Electricity Decarbonization and Market Design
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14th Mannheim Conference on Energy and the Environment
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Leuven Summer Event 2026 - Economics of Climate & Energy Transition
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Monte Verità Conference on Sustainable Resource Use and Economic Dynamics (SURED)
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World Congress of Environmental and Resource Economists (WCERE)
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teaching
Einführung in die Betriebswirtschaftslehre
Undergraduate Course, Julius-Maximilians University Würzburg, Chair for Human Resource Management and Organisation, 2018
with Prof. Dr. Thomas Zwick
Course content
Mikroökonomik II
Undergraduate, Julius-Maximilians University Würzburg, Chair of Industrial Economics, 2020
with Prof. Toker Doganoglu, Ph.D.
Course content
Undergraduate course teaching industrial economics and the theory of markets and competition, from perfect competition to monopoly and strategic (game-theoretic) interaction between firms. Covers supply-and-demand analysis under perfect competition, monopoly pricing and price discrimination, and an introduction to strategic behavior among interdependent firms, building toward a unified framework for analyzing competitive processes across market structures. Taught the welfare comparison between competitive and monopolistic markets, giving students the analytical tools to assess real-world industry regulation and antitrust questions.
Organization
Undergraduate Course, Julius-Maximilians University Würzburg, Chair for Human Resource Management and Organisation, 2020
with Prof. Dr. Thomas Zwick
Course content
Undergraduate required course on organizational economics, covering why organizations exist, forms organizations take, and how firms set goals, strategies, and organizational structures. Included strategic firm decision-making and, as with the introductory course, a module on moving from a research question to a causal relationship, illustrated with selected empirical studies on organizations.
Applied Equilibrium Analysis in Environmental and Energy Economics
Graduate course, Heidelberg University, Alfred Weber Institute for Economics, 2025
with Prof. Dr. Sebastian Rausch
Course content
Graduate course teaching applied numerical equilibrium modeling for energy, environmental, and climate economics. Covers formulating partial and general equilibrium models as mixed complementarity problems in GAMS, modeling energy supply and demand (electricity, natural gas, coal), and evaluating carbon policy instruments (carbon taxes, emissions trading) including interactions with the macroeconomy. Combines input lectures on economic theory and numerical methods with a supervised group project, in which students apply the full modeling workflow — data preparation, model calibration, scenario design, and result interpretation — to an original research question in energy/environmental economics.