Heiner Schumacher

Heiner Schumacher is assistant professor at the Department.

How long have you been employed at the Department of Economics and Business?
0.5 years

What is your background?
I did my undergrad in economics at Ludwig-Maximilians University Munich and Carlos III Madrid. Then I moved to Mannheim to do my PhD in economics. During my PhD-time I spent half a year at the University College London and studied mathematics at Fern Universitaet Hagen. After finishing my PhD and MSc in mathematics, I worked for five years at Goethe-University Frankfurt as PostDoc. Finally, I joined Aarhus University in 2013.

What are your main areas of research?
Behavioural Economics, in particular the implications of behavioural decision making for markets and organizations.

What research projects are you working on at the moment?
With colleagues from Frankfurt, I’m working on a project where we examine the trustworthiness of econ students with varying professional preferences and experiences. We are interested in whether students who want to work in finance are behaviourally different from those with other professional goals (the answer is yes), and whether subjects anticipate these behavioural differences (the answer is yes).

Moreover, I study competitive (health) insurance markets with time-inconsistent consumers. In such a framework, equilibrium contracts may allow for switching between different insurance plans (unlike in the Rothschild-Stiglitz framework where equilibrium contracts are static).

What are you involved in teaching-wise at the moment?
Last term, I taught Behavioural Decision Making in Markets and Organizations for business master and Microeconomics 2 for econ-math. Next year, I will also teach Microeconomics 2 for soc-econ. 

Are you planning to take part in any conferences or the like abroad in the near future?
In April, I will present a paper at the 2014 International Meeting on Experimental and Behavioral Social Sciences in Oxford. Usually, my co-authors do the marketing. 

Are you expecting any visiting researchers from abroad in the near future (or have you had any visitors from abroad recently)?
My long-run co-author Iris Kesternich from Munich will visit me at the end of August. Some other co-authors were here last year (Matthias Heinz from Frankfurt and Heiko Karle from Zurich).

Are you cooperating with researchers from other departments at AU at the moment?
Not yet. Since my work on beliefs about supernatural punishment in Burkina Faso, I share some common research interests with Dimitris Xygalatas from the Department of Culture and Society. Let’s see... 

What do you do when you are not at work?
Running, biking, swimming, climbing mountains (when I’m in Bavaria).

Supplementary question from Dan Nguyen: When will you do your next Iron Man?
2015 in Copenhagen

Please give us your suggestion for the next department staff member to be presented:
Leonie Gerhards

What specific supplementary question would you like him or her to answer?
What things should a German econ department (like that at Goethe-University Frankfurt) copy from Aarhus? And why?