I am an Assistant Professor of Economics at the University of St. Gallen.

My main interests are in industrial organization, particularly contracts, auctions, and contests.

I also study incentives in blockchain markets and in cryptographic protocols.

I am affiliated with the Zurich Center for Market Design.

Publications

• Working for References (with Curtis Taylor).
  American Economic Journal: Microeconomics, 15(3), 2023, 33-77.
• Risk Aversion in Share Auctions: Estimating Import Rents from TRQs in Switzerland.
  Quantitative Economics, 14(2), 2023, 419-470. [Replication Files].
• On Young Turks and Yes Men: Optimal Contracting for Advice (with Curtis Taylor).
  The RAND Journal of Economics, 53(1), 2022, 63-94.
• Eternal Peace in the Tug-of-War?
  Economic Theory, 74, 2022, 1570–1101. (Online first: 2020.)
• Sorting in Iterated Incumbency Contests (with Georg Nöldeke).
  Economic Theory, 74, 2022, 1103–1140. (Online first: 2019.)
• Stable Biased Sampling.
  Games and Economic Behavior, 107, 2018, 109-122.
• A Tug-of-War Team Contest.
  Games and Economic Behavior, 104, 2017, 372-391.
• Payoff Shares in Two-Player Contests (with Georg Nöldeke).
  Games, Volume 7(3), 2016, p. 25.

Working Papers

• Price Gouging and the Monopoly Option (with Curtis Taylor)
  First Version: October 2024. Latest Version: June 2025.
• The Candle Auction in the Field and in the Lab (with Jonas Gehrlein and Jörg Oechssler)
  First Version: January 2025.
• Front-Running and Candle Auctions (with Alistair Stewart)
  First Version: Mai 2021. Latest Version: Juli 2024.
• Shakeouts and Staggered Exits from an R&D Race with Moral Hazard.
  First Version: March 2020. Latest Version: September 2023.

Other Work / Work in Progress

• Optimal Compensation in Competitive Labor Markets with Heterogenous Employers and Workers (with Niklaus Häusle, Winfried Koeniger, and Alexander Braun).
  First Version: November 2024. Currently undergoing a major revision.
• Blockchain Platform Design under Market Frictions: Decentralization, Service Provision, and Block Rewards.
  First Version: November 2021. Latest Version: September 2023. Currently dormant.

Teaching

• Introduction to Market Design (Bachelor).
• Microeconomics for CS (Bachelor).
• Blockchain Markets (Master).
• Corporate Finance (Master).