Heiko Karle is an Associate Professor of Microeconomics, in particular Industrial Organization and Behavioral Economics at the Economics Department of Frankfurt School of Finance & Management since August 2019 and a CEPR Research Fellow and CESifo Research Fellow. Before joining the Frankfurt School of Finance & Management he was a postdoctoral researcher at the Center for Law and Economics of ETH Zurich since 2012. He worked at the European Centre for Advanced Research in Economics and