Welcome! I am a Professor of Management at Goethe University Frankfurt. My research employs methods from game theory and experimental economics (lab and field experiments) to answer questions regarding the determinants and consequences of human decision-making and social interaction. I am particularly interested in understanding why humans (do not) cooperate and under what conditions cooperation in teams and groups can be sustained.

Recent papers study the role and impact of intrinsic motivation, the relationship between social preferences and collective-action outcomes, distributional preferences in large groups, and the formation and stability of (social, economic) institutions as well as organizational culture.

I am also a research fellow at CEPR, CESifo, IZA, and ZEF.

Recent Papers

Guido Friebel, Michael Kosfeld, Gerd Thielmann
December 2016

Heiner Schumacher, Iris Kesternich, Michael Kosfeld, Joachim Winter
Review of Economic Studies forthcoming
A former version of this paper with similar results based on different (earlier) data is available as CESifo Working Paper No. 4657.

Michael Kosfeld, Susanne Neckermann, Xiaolan Yang
Economic Inquiry 55, 2017, 237-247

Michael Kosfeld, Ulrich Schüwer
Review of Finance forthcoming

Selected Publications

Joel van der Weele, Julija Kulisa, Michael Kosfeld, Guido Friebel
American Economic Journal: Microeconomics 6, 2014, 256-264

Competition, Cooperation, and Corporate Culture
Michael Kosfeld, Ferdinand von Siemens
Michael Kosfeld, Susanne Neckermann
Devesh Rustagi, Stefanie Engel, Michael Kosfeld
Science 330, 2010, 961-965
Michael Kosfeld, Akira Okada, Arno Riedl
American Economic Review 99, 2009, 1335-1355
Armin Falk, Michael Kosfeld
American Economic Review 96, 2006, 1611-1630

Oxytocin Increases Trust in Humans
Michael Kosfeld, Markus Heinrichs, Paul J. Zak, Urs Fischbacher, Ernst Fehr
Nature 435, 2005, 673-676

For a complete list of publications, please see my CV.