Roland Kirstein
Encyclopedia
Roland Kirstein is a German economist and professor of Business Administration at the Otto-von-Guericke
-University in Magdeburg
, Germany.
, Germany
. He studied economics
and law at the Saarland University in Germany in 1988-1994. He finished his Ph.D. thesis in 1998 (supervisor Prof. Dieter Schmidtchen) on the topic "Imperfect Decision-Making Judges". As an assistant professor of economics, he specialized in law and economics
, namely banking regulation, insurance economics
, and constitutional economics
.
In 2002, Roland Kirstein visited the University of California, Berkeley
(Law School, invited by Prof. Robert Cooter
) and in Santa Barbara (Economics Department, invited by Prof. Ted Bergstrom) to do research into asymmetric information in consumer markets. Since 2003, he has been a visiting professor at the University of California, Santa Barbara
, giving courses in Law and Economics
.
Since October 2006, he holds the professorship "Economics of Business and Law" at the Otto-von-Guericke-University Magdeburg. In August 2007, he became a tenured professor.
Otto von Guericke
Otto von Guericke was a German scientist, inventor, and politician...
-University in Magdeburg
Magdeburg
Magdeburg , is the largest city and the capital city of the Bundesland of Saxony-Anhalt, Germany. Magdeburg is situated on the Elbe River and was one of the most important medieval cities of Europe....
, Germany.
Biography
Roland Kirstein was born Schröder in BremenBremen
The City Municipality of Bremen is a Hanseatic city in northwestern Germany. A commercial and industrial city with a major port on the river Weser, Bremen is part of the Bremen-Oldenburg metropolitan area . Bremen is the second most populous city in North Germany and tenth in Germany.Bremen is...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. He studied economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
and law at the Saarland University in Germany in 1988-1994. He finished his Ph.D. thesis in 1998 (supervisor Prof. Dieter Schmidtchen) on the topic "Imperfect Decision-Making Judges". As an assistant professor of economics, he specialized in law and economics
Law and economics
The economic analysis of law is an analysis of law applying methods of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.-Relationship to other disciplines and...
, namely banking regulation, insurance economics
International Association for the Study of Insurance Economics
Insurance Economics is a research programme set up by the Geneva Association, also known as the International Association for the Study of Insurance Economics....
, and constitutional economics
Constitutional economics
Constitutional economics is a research program in economics and constitutionalism that has been described as extending beyond the definition of 'the economic analysis of constitutional law' in explaining the choice "of alternative sets of legal-institutional-constitutional rules that constrain the...
.
In 2002, Roland Kirstein visited the University of California, Berkeley
University of California, Berkeley
The University of California, Berkeley , is a teaching and research university established in 1868 and located in Berkeley, California, USA...
(Law School, invited by Prof. Robert Cooter
Robert Cooter
Robert D. Cooter, a pioneer in the field of law and economics, began teaching in the Department of Economics at UC Berkeley in 1975 and joined the Boalt Hall faculty in 1980. He has been a visiting member of the Institute for Advanced Study in Princeton and a recipient of various awards and...
) and in Santa Barbara (Economics Department, invited by Prof. Ted Bergstrom) to do research into asymmetric information in consumer markets. Since 2003, he has been a visiting professor at the University of California, Santa Barbara
University of California, Santa Barbara
The University of California, Santa Barbara, commonly known as UCSB or UC Santa Barbara, is a public research university and one of the 10 general campuses of the University of California system. The main campus is located on a site in Goleta, California, from Santa Barbara and northwest of Los...
, giving courses in Law and Economics
Law and economics
The economic analysis of law is an analysis of law applying methods of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.-Relationship to other disciplines and...
.
Since October 2006, he holds the professorship "Economics of Business and Law" at the Otto-von-Guericke-University Magdeburg. In August 2007, he became a tenured professor.
Personal
Roland Kirstein is married to Annette Kirstein, with two children. He is a strong supporter and member of the German soccer club SV Werder Bremen.Research areas
- Law and EconomicsLaw and economicsThe economic analysis of law is an analysis of law applying methods of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.-Relationship to other disciplines and...
- Game theoryGame theoryGame theory is a mathematical method for analyzing calculated circumstances, such as in games, where a person’s success is based upon the choices of others...
, Bargaining theory - Collective Decision-MakingPublic choice theoryIn economics, public choice theory is the use of modern economic tools to study problems that traditionally are in the province of political science...
in Organisations - Intellectual Property Rights
- Regulation of BankingBank regulationBank regulations are a form of government regulation which subject banks to certain requirements, restrictions and guidelines. This regulatory structure creates transparency between banking institutions and the individuals and corporations with whom they conduct business, among other things...
and InsuranceInsuranceIn law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
, Islamic Finance
Achievements and awards
- Spokesman of the research group "Decision and Institutions", Otto-von-Guericke-University Magdeburg.
- Editor of New Economic Papers on "Collective Decision-Making" and "Intellectual Property Rights".
- Editorial Board of the journal Banks and Bank Systems.
- Editorial board of The Reviews of Law and Economics.
- Vice president of the German Law and Economics Association.
- Member of the steering committee (2001-2005) and the advisory board of the European Association of Law and Economics.
- Member of the following committees of the Verein für Socialpolitik: economic policy, competition, institutions.
- Member of the scholarship selection committee of Friedrich-Naumann-Stiftung.
- Member of the Center for the Study of Law and Economics, Saarland University.
- Eduard-Martin-Award of the Saarland University for his PhD thesis.
Memberships
- American Economic AssociationAmerican Economic AssociationThe American Economic Association, or AEA, is a learned society in the field of economics, headquartered in Nashville, Tennessee. It publishes one of the most prestigious academic journals in economics: the American Economic Review...
(AEA), Royal Economic Society (RES), Verein für Socialpolitik (VfS). - American Law and Economics AssociationAmerican Law and Economics AssociationThe American Law and Economics Association , a United States organization founded in 1991, is focused on the advancement of economic understanding of law, and related areas of public policy and regulation. It promotes research in law and economics. The association was co-founded by George Priest,...
(ALEA), Canadian Law and Economic Association (CLEA), Greek Association of Law and Economics (GALE), European Association of Law and Economics (EALE). - Verband der Hochschullehrer der Betriebswirtschaft e. V. (VHB), Schmalenbachgesellschaft für Betriebswirtschaft, German Economic Association for Business Administration (GEABA).
Selected publications
- Haucap, J./Kirstein, R. (2003): Government Incentives when Pollution Permits are Durable Goods; in: Public Choice 115, 163-183.
- Kirstein, R. (2000): Risk-Neutrality and Strategic Insurance. In: The Geneva Papers on Risk and Insurance. Issues and Practice 25 (2), 262-272.
- Kirstein, R. (2002); The New Basle Accord, Internal Ratings, and the Incentives of Banks. In: International Review of Law and Economics 21 (4), 393-412.
- Kirstein, A./Kirstein, R. (2009): Collective Wage Agreements on Fixed Wages and Piece Rates may Cartelize Product Markets. In: Journal of Institutional and Theoretical Economics JITE 165(2), 250-259.
- Kirstein, R./Cooter, R.Robert CooterRobert D. Cooter, a pioneer in the field of law and economics, began teaching in the Department of Economics at UC Berkeley in 1975 and joined the Boalt Hall faculty in 1980. He has been a visiting member of the Institute for Advanced Study in Princeton and a recipient of various awards and...
(2007): Sharing and Anti-Sharing in Teams. In: Economics Letters 96(3), 351-356. - Kirstein, R./Rickman, N. (2004): „Third Party Contingency“ Contracts in Settlement and Litigation. In: Journal of Institutional and Theoretical Economics 160 (4), 555-575.
- Kirstein, R./Schmidtchen, D. (1997): Judicial Detection Skill and Contractual Compliance. In: International Review of Law and Economics 17 (4), 509-520.
- Kirstein, R./Schmidtchen, D. (2001): Do Artists Benefit from Resale Royalties? An Economic Analysis of a New EU Directive. In: Deffains, B./Kirat, T. (eds.): Law and Economics in Civil Law Countries; The Economics of Legal Relationships Vol. 6, Elsevier Science, Amsterdam et al., 231-248.
- Kirstein, R./Voigt, S. (2006): The Violent and the Weak. When Dictators Care about Social Contracts. In: American Journal of Economics and Sociology 65(4), 863-889.
- Kirstein, R. / Will, B. (2006): Efficient Compensation for Employees' Inventions. In: European Journal of Law and Economics 21 (1), 129-148.
Referee reports
- American Economic ReviewAmerican Economic ReviewThe American Economic Review is a peer-reviewed academic journal of economics publishing seven issues annually by the American Economic Association. First published in 1911, it is considered one of the most prestigious journals in the field. The current editor-in-chief is Penny Goldberg . The...
- B.E. Journals in Theoretical Economics
- European Economic Review
- European Journal of Law and Economics
- German Economic ReviewGerman Economic ReviewThe German Economic Review is a peer-reviewed journal of economics published quarterly by John Wiley & Sons on behalf of Verein für Socialpolitik. It was first published in 2000. The current editors are Helmuth Cremer, Joseph F. Francois, Ben J. Heijdra, Walter Krämer, Wolfgang Leininger, und...
- Homo OeconomicusHomo OeconomicusHomo Oeconomicus is an interdisciplinary peer reviewed academic journal publishing studies in classical and neoclassical economics, public choice and social choice theory, law and economics, and philosophy of economics....
- Industrielle Beziehungen
- International Journal of Industrial Organization
- International Review of Law and Economics
- Journal of Cultural Economics
- Journal of Economic Studies
- Journal of Institutional and Theoretical Economics
- Metroeconomica
- Political Studies
- Schmalenbach Business Review
- Theory and DecisionTheory and DecisionTheory and Decision is a peer-reviewed multidisciplinary journal of decision science published quarterly by Springer Science+Business Media. It was first published in 1970. The current editor-in-chief is Mohammed Abdellaoui. The journal publishes research in fields such as economics, game theory,...
- Cusanuswerk
- Deutscher Akademischer Austauschdienst (DAAD)
- Studienstiftung des Deutschen Volkes
- Verein für SocialpolitikVerein für SocialpolitikThe Verein für Socialpolitik is an important society of economists in the German-speaking area. The Society, which covers all branches of economics was founded in 1873. Among its members were eminent economists like Gustav von Schmoller and Adolph Wagner.It annually awards the Gossen Prize to...