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Professor of Managerial Economics

Personal Details

Eberhard Feess is Professor of Managerial Economics at Frankfurt School of Finance & Management.
His current research focuses on Law and Economics, Anti Trust Policy, Health Economics and Sports Economics.
Born 1959 in Frankfurt. Diploma in Sociology in 1986, Diploma in Economics in 1987, both at Goethe University in Frankfurt. 1989 PhD in Sociology at Goethe University, Frankfurt. Since 1987 Member of the Institute of Environmental Economics and Management, European Business School, Oestrich-Winkel. Habilitation 1993 at Goethe University, Frankfurt.

From 1994-1996 Professor of Economics (Industrial Organization), European Business School, Oestrich-Winkel. From 1996-2001 Professor of Economics (Law&Economics), Frankfurt Geothe University. From 2001-2008 Professor of Economics (Microeconomics), Aachen University of Technology. Since Oktober 2008 Professor of Economics at Frankfurt School of Finance & Management.

Professor Feess is Adjunct Research Professor at Massey University, Auckland, New Zealand and has spent various research visits abroad, e.g. at New York University Law School. He has published in journals such as European Economic Review, Journal of Industrial Economics, Scandinavian Journal of Economics, Economics Letters and Economica. His research has been funded by various institutions such as OECD, EU, DFG, Volkswagen-Stiftung and Thyssen-Stiftung as well as by industrial partners, including Volkswagen AG, Lufthansa AG and AMB Generali.

GEABA German Economic Association of Business Administration e. V. 
Verein für Socialpolitik
Europeans Economic Association
American Economic Association 
European Association of Law and Economics 
American Association of Law and Economics


Scholarly journal articles / Journal articles

Monographs / Contributions to edited volumes

Courses 2017

Title Programme Semester
Incentives Bachelor SS 2017
Understanding Markets and the Business Cycle MBA WS 2017
Business Economics MiM WS 2017
Microeconomics and Decision Theory Bachelor WS 2017
Grundzüge der Mikroökonomik B.A. WS 2017

Topics for Bachelor and Master Thesis

1) The impact of incorrect decisions on human behavior. Evidence from professional soccer

Following up on some previous work, the thesis is supposed to analyze how incorrect referee decisions influence the behavior of soccer teams. Our data already allows classifying penalties in correct, debatable and incorrect. We are interested in two questions:

(i)   Does the accuracy of the decisions influence the probability that penalties are missed?

(ii)  How do these decisions, controlled for all reasonable observables, influence winning probabilities thereafter?

From a more general organizational behavior perspective, the thesis is on how individuals and organizations respond to unfair treatment and bad luck – do they rather reduce effort because they are frustrated or do they draw additional motivation from the willingness to make up for the perceived unfairness?

2) Intelligence and exposure to behavior identified by prospect theory

About 30 years ago, being exposed to e.g. framing, the Allais-Paradox or non-linear probability weighting would have been seen as being “irrational” or “biased”, while it is now seen as a “preference”. But is it related to intelligence? Based on a thorough review of the literature, the thesis is supposed to design (closely supported by the supervisor) a first draft for an experiment that relates intelligence to one of the behavior issues identified by prospect theory.

3) Marriage and career

It is known that marriage (and of course, children) has a strong impact on career. But which females are likely to marry at which age and what are the consequences? The thesis is supposed to structure the state of the art and, based on data availability, to develop ideas for further research