Lars Hendrik Röller

In July 2011 Lars-Hendrik Röller stepped-down as president of ESMT Berlin, a position that he held since September 1, 2006, in order to accept an appointment as Chancellor Merkel's director general of the economic and financial policy division. He will remain on the ESMT Faculty as a full professor on leave.

Hendrik is a research professor at the Wissenschaftszentrum Berlin (WZB), Europe's largest social science research center, and a professor at Humboldt University. He holds a PhD in economics from the University of Pennsylvania, as well as a Master of Arts in Economics, a Master of Science in Artificial Intelligence both from the University of Pennsylvania, and a Bachelor of Science in Computer Science from Texas A&M University.

In 2003 Lars-Hendrik Röller was appointed Europe's first Chief Competition Economist of the European Commission, a position he held until 2006. Previously he was a director at the WZB, professor at INSEAD, and a visiting scholar at Stanford and New York University.

He is the president of the German Economic Association, an international affiliate at Georgetown University in Washington D.C., a research fellow at the Centre for Economic Policy Research (CEPR) in London and a board member of the think tank BRUEGEL in Brussels. From 2005 - 2007 he was president of the European Association for Research in Industrial Economics (EARIE).

Lars-Hendrik Röller is a fellow of the European Economic Association and a member of the Berlin Brandenburg Academy of Sciences. In 2002 he was awarded the Gossen Prize (to honor a German economist whose work has gained international reputation). Lars-Hendrik Röller has consulted with numerous international companies, governments, and international organizations on issues of competition, strategy and regulation. He is co-founder and senior advisor of ESMT Competition Analysis, a consultancy working exclusively on economic assessments in the field of antitrust and regulatory.

Education

• PhD in Economics (University of Pennsylvania)
• MA in Economics (University of Pennsylvania)
• MSc in Computer and Information Science (University of Pennsylvania)
• BS in Computer Science (Texas A&M University)

Publications

Journal Article Regulation and investment in network industries: Evidence from European telecoms Journal of Law and Economics 55(1): 189–216 Michał Grajek, Lars-Hendrik Röller (2012)

Journal Article Defining product markets for shopping centers: Thoughts on methodological choices European Competition Journal 7(3): 421–431 Jakub Kałużny, Rainer Nitsche, Lars-Hendrik Röller (2011)

Journal Article Challenges in EU competition policy Empirica 38(3): 287–314 Lars-Hendrik Röller (2011)

Journal Article Quantification of harm in damages actions for antitrust infringements: Insights from German cartel cases Journal of Competition Law and Economics 6(3): 595–618 Hans W. Friederiszick, Lars-Hendrik Röller (2010)

Journal Article Großhandelsmärkte für Strom: Marktintegration und Wettbewerb aus deutscher Perspektive Energiewirtschaftliche Tagesfragen 60(3) Rainer Nitsche, Axel Ockenfels, Lars-Hendrik Röller, Lars Wiethaus (2010)

Journal Article L'Europe face aux investissement souverains Revue D'Economie Financi�re 9(Hors-série): 439–454 Lars-Hendrik Röller, Nicolas Véron (2009)

Journal Article The economics of organizing economists Antitrust Law Journal 76(2): 569–584 Luke M. Froeb, Paul A. Pautler, Lars-Hendrik Röller (2009)

Journal Article Überwälzungen der Opportunitätskosten von CO2-Zertifikaten als Ausbeutungsmissbrauch: Eine ökonomische Analyse Wirtschaft und Wettbewerb 58(9): 929–940 Hans W. Friederiszick, Lars-Hendrik Röller (2008)

Journal Article Overcharge estimations in cartel cases: Lessons learned from a recent judgment on the German paper wholesaler cartel Global Competition Litigation Review 1(1): 1–10 Hans W. Friederiszick, Lars-Hendrik Röller (2008)

Journal Article Using economic analysis to assess R&D&I state aid measures European State Aid Law Quarterly 6(4): 592–604 Hans W. Friederiszick, Lars-Hendrik Röller (2007)

Journal Article The political economy of European merger control: Evidence using stock market data Journal of Law and Economics 50(3): 455–489 Tomaso Duso, Damien J. Neven, Lars-Hendrik Röller (2007)

Journal Article Why firms form (or don't form) RJVs Economic Journal 117(522): 1122–1144 Lars-Hendrik Röller, Ralph B. Siebert, Mihkel M. Tombak (2007)

Journal Article Die EU Wettbewerbspolitik: Eine ökonomische Erfolgsstory Die Bank 4: 30–32 Lars-Hendrik Röller (2007)

Journal Article The year 2005 at DG competition: The trend towards a more effects-based approach Review of Industrial Organization 29(4): 281–304 Lars-Hendrik Röller, Oliver Stehmann (2006)

Journal Article Endogenous costs and price-cost margins: An application to the European airline industry Journal of Industrial Economics 54(3): 351–368 Damien J. Neven, Lars-Hendrik Röller, Zhentang Zhang (2006)

Journal Article Contribution to productivity or pork barrel? The two faces of infrastructure investment Journal of Public Economics 90(6): 1133–1153 Olivier Cadot, Lars-Hendrik Röller, Andreas Stephan (2006)

Journal Article Grenzen der Wettbewerbspolitik bei der Öffnung von Netzwerkindustrien Perspektiven der Wirtschaftspolitik 7(3): 355–372 Lars-Hendrik Röller, Oliver Stehmann (2006)

Journal Article The impact of the new substantive test in European merger control European Competition Journal 2(1): 9–28 Lars-Hendrik Röller, Miguel de la Mano (2006)

Journal Article On the workings of a cartel: Evidence from the Norwegian cement industry American Economic Review 96(1): 321–338 Lars-Hendrik Röller, Frode Steen (2006)

Journal Article Consumer surplus vs. welfare standard in a political economy model of merger control International Journal of Industrial Organization 23(9/10): 829–848 Damien J. Neven, Lars-Hendrik Röller (2005)

Journal Article Complementarities in innovation policy European Economic Review 49(6): 1431–1450 Pierre Mohnen, Lars-Hendrik Röller (2005)

Journal Article Bundling of social and private goods and the soft budget constraint Journal of Comparative Economics 33(1): 47–58 Lars-Hendrik Röller, Zhentang Zhang (2005)

Journal Article Estimating price-cost markups under nonlinear pricing competition Journal of the European Economic Association 2(2–3): 526–535 Eugenio Miravete, Lars-Hendrik Röller (2004)

Journal Article On the scope of conflict in international merger control Journal of Industry, Competition and Trade 3(4): 235–249 Lars-Hendrik Röller, Damien J. Neven (2003)

Journal Article Endogenous deregulation: Evidence from OECD countries Economics Letters 81(1): 67–71 Lars-Hendrik Röller, Tomaso Duso (2003)

Journal Article Merger control in the new economy Netnomics 5(1): 5–20 Lars-Hendrik Röller, Christian Wey (2003)

Journal Article Telecommunications infrastructure and economic development: A simultaneous approach American Economic Review 91(4): 909–923 Lars-Hendrik Röller, Leonard Waverman (2001)

Journal Article Capacity and product market competition: Measuring market power in a 'puppy-dog' industry International Journal of Industrial Organization 18(6): 845–865 Lars-Hendrik Röller, Robin C. Sickles (2000)

Journal Article The allocation of jurisdiction in international antitrust European Economic Review 44(4–6): 845–855 Damien J. Neven, Lars-Hendrik Röller (2000)

Journal Article An aggregate structural model of competition in the European banking industry International Journal of Industrial Organization 17(7): 1059–1074 Damien J. Neven, Lars-Hendrik Röller (1999)

Journal Article State aid, restructuring and privatization in the new German Länder European Economy 3: 132–160 Lars-Hendrik Röller, Christian von Hirschhausen (1999)

Journal Article The relative impact of actual and potential rivalry on firm profitability in the pharmaceutical industry Strategic Management Journal 20(1): 1–14 Karel Cool, Lars-Hendrik Röller, Benoit Leleux (1999)

Journal Article Some evidence on customer 'lock-in' in the French mutual funds industry Applied Economics Letters 5(5): 275–279 Carole Bonanni, Jean Dermine, Lars-Hendrik Röller (1998)

Journal Article Collusive conduct in duopolies: Multimarket contact and cross-ownership in the mobile telephone industry The RAND Journal of Economics 28(2): 304–322 Philip M. Parker, Lars-Hendrik Röller (1997)

Journal Article On the heterogeneity of firms European Economic Review 40(3–5): 531–539 Lars-Hendrik Röller, Bernard Sinclair-Désgagné (1996)

Journal Article Rent sharing in the European airline industry European Economic Review 40(3–5): 933–940 Damien J. Neven, Lars-Hendrik Röller (1996)

Journal Article Exclusive research joint ventures International Business Lawyer 23(10): 445–500 Lars-Hendrik Röller (1995)

Journal Article Airline efficiency differences between Europe and the US: Implications for the pace of EC integration and domestic regulation European Journal of Operational Research 80(3): 508–518 David Good, Lars-Hendrik Röller, Robin C. Sickles (1995)

Journal Article On the timing of adoption of multiproduct technologies Naval Research Logistics 41(3): 377–394 Taekwon Kim, Lars-Hendrik Röller, Mihkel M. Tombak (1994)

Journal Article Preemptive investment with resalable capacity The RAND Journal of Economics 24(4): 479–502 Murugappa Krishnan, Lars-Hendrik Röller (1993)

Journal Article Sunk in space: The economics of the European satellite industry and prospects for liberalization Economic Policy 8(17): 402–432 Damien J. Neven, Lars-Hendrik Röller, Leonard Waverman (1993)

Journal Article U.S. airline deregulation: Implications for European transport Economic Journal 103(419): 1028–1041 David Good, Lars-Hendrik Röller, Robin C. Sickles (1993)

Journal Article Efficiency and productivity growth comparisons of European and U. S. air carriers: A first look at the data Journal of Productivity Analysis 4(1/2): 115–125 Lars-Hendrik Röller, Zhentang Zhang, Ishaq Nadiri, Robin C. Sickles (1993)

Journal Article Competition and investment in flexible technologies Management Science 39(1): 107–114 Lars-Hendrik Röller, Mihkel M. Tombak (1993)

Journal Article Trade liberalization, transportation, and the environment Energy Journal 13(3): 185–206 Landis Gabel, Lars-Hendrik Röller (1992)

Journal Article Strategic choice of flexible production technologies and welfare implications: Addendum et corrigendum Journal of Industrial Economics 40(2): 233–235 Taekwon Kim, Lars-Hendrik Röller, Mihkel M. Tombak (1992)

Journal Article Economies of scale and scope in French mutual funds Journal of Financial Intermediation 2(1): 83–93 Lars-Hendrik Röller, Jean Dermine (1992)

Journal Article Review of Made in America: Regaining the productive edge Managerial and Decision Economics 13(1): 83–85 Lars-Hendrik Röller, Mihkel M. Tombak (1992)

Journal Article Strategic aspects of flexible production technologies: Theory and evidence International Journal of Production Economics 23(2–3): 197–204 Lars-Hendrik Röller, Mihkel M. Tombak (1991)

Journal Article European integration and trade flows European Economic Review 35(6): 1295–1309 Damien J. Neven, Lars-Hendrik Röller (1991)

Journal Article Modelling cost structure: The Bell system revisited Applied Economics 22(12): 1661–1674 Lars-Hendrik Röller (1990)

Journal Article Regulatory policies in markets for delicate medical procedures Economics Letters 33(4): 375–383 Murugappa Krishnan, Lars-Hendrik Röller (1990)

Journal Article Strategic choice of flexible production technologies and welfare implications Journal of Industrial Economics 38(4): 417–431 Lars-Hendrik Röller, Mihkel M. Tombak (1990)

Journal Article Proper quadratic cost functions with an application to the Bell system Review of Economics and Statistics 72(2): 202–210 Lars-Hendrik Röller (1990)

Journal Article Patenting by manufacturing firms in India: Its production and impact Journal of Industrial Economics 37(3): 303–314 Anil B. Deolalikar, Lars-Hendrik Röller (1989)

ESMT Working Paper Quantification of harm in damages actions for antitrust infringements: Insights from German cartel cases ESMT Working Paper Published in Journal of Competition Law and Economics 6(3): 595–618. Hans W. Friederiszick, Lars-Hendrik Röller (2010)

ESMT Working Paper Regulation and investment in network industries: Evidence from European telecoms ESMT Working Paper Published in Journal of Law and Economics 55(1): 189–216. Michał Grajek, Lars-Hendrik Röller (2009)

Working Paper Competitive nonlinear pricing in duopoly equilibrium: The early US cellular telephone industry CEPR Discussion Papers Eugenio Miravete, Lars-Hendrik Röller (2003)

Working Paper Market power in outputs and inputs: An empirical application to banking FEDS Working Paper Robert M. Adams, Lars-Hendrik Röller, Robin C. Sickles (2002)

Working Paper A political economy model of infrastructure allocation: An empirical assessment WZB Discussion Paper 0722 – 6748 Olivier Cadot, Lars-Hendrik Röller, Andreas Stephan (1999)

Working Paper Capacity pricing under uncertainty WZB Discussion Paper Lars-Hendrik Röller, Michael Kende (1995)

Book Die Soziale Marktwirtschaft in der neuen Weltwirtschaft [Social market economy in the new world economy] Berlin: Edition Sigma Lars-Hendrik Röller, Christian Wey (2001)

Book The political economy of industrial policy in Europe and the member states Berlin: Edition Sigma Damien J. Neven, Lars-Hendrik Röller (2000)

Book The corporate structure of UK and German manufacturing firms: Changes in response to the SEM London: Anglo-German Foundation Stephen Davies, Catherine Matraves, David Petts, Lars-Hendrik Röller, Theo Vermaelen (1999)

Book Europas nätverksindustrier: Telekommunikationer avregleringen i Europa [European network industries: The de-regulation of telecommunication in Europe] Stockholm: SNS Förlag Lars-Hendrik Röller (1999)

Book Europe's network industries: Conflicting priorities Monitoring European Deregulation 1, London: Centre for Economic Policy Research Lars Bergman, Chris Doyle, Jordi Gual, Lars Hultkrantz, Damien J. Neven, Lars-Hendrik Röller, Leonard Waverman (1998)

Book Situation und Perspektiven der deutschen Raumfahrtindustrie [Status quo and perspectives of the German aeronautical industry] Berlin: Duncker und Humblot Lars-Hendrik Röller, Bernhard Wieland, Talat Mahmood (1998)

Book Chapter Nord Stream and the Danish fishermen In Project management, 9th ed. ed. Jack R. Meridith, Samuel J. Mantel Jr., 108–110. Weinheim: Wiley. Christoph Burger, Lars-Hendrik Röller (2015)

Book Chapter Efficiencies in EU merger control: Do they matter? In Marktmacht, ed. Hans J. Ramser, Manfred Stadler, Tübingen: Mohr Siebeck. Lars-Hendrik Röller (2010)

Book Chapter Wettbewerb, Strategie und Regulierung: eine europäische Perspektive In Globalisierung aus unternehmensstrategischer Sicht, ed. Clemens Börsig, Axel von Werder, 181–186. Stuttgart: Schäffer-Poeschel. Lars-Hendrik Röller (2009)

Book Chapter Exploitative abuses In European competition law annual 2007: A reformed approach to article 82 EC, ed. Claus Dieter Ehlermann, Mel Marquis, 525–532. Oxford: Hart Publishing. Lars-Hendrik Röller (2008)

Book Chapter European state aid control: An economic framework In Handbook of antitrust economics, ed. Paolo Buccirossi, 625–669. Cambridge: MIT Press. Lars-Hendrik Röller, Hans W. Friederiszick, Vincent Verouden (2008)

Book Chapter Economic analysis of Article 82 In Competition law and economics: Advances in competition policy and antitrust enforcement, International competition law series, ed. Abel M. Mateus, Teresa Moreira, 325–328. Alphen aan den Rijn: Kluwer Law International. Lars-Hendrik Röller (2007)

Book Chapter The substantive test for merger control In Current competition law, vol v, ed. Philip Marsden, Michael Hutchings, Peter Whelan, 23–44. London: The British Institute of International and Comparative Law. Lars-Hendrik Röller (2007)

Book Chapter Ökonomische Analyse in der EU Wettbewerbspolitik: Ein erstes Resümee In Neueste Entwicklungen im europäischen und internationalen Kartellrecht, ed. Carl Baudenbacher, 203–220. Basel: Helbing Lichtenhahn. Lars-Hendrik Röller, Hans W. Friederiszick (2006)

Book Chapter EC state aid control: An economic perspective In The EC state aid regime: Distortive effects of state aid on competition and trade, ed. Michael Sanchez Rydelski, 145–182. London: Cameron May Press. Hans W. Friederiszick, Lars-Hendrik Röller, Vincent Verouden (2006)

Book Chapter Efficiency gains from mergers In European merger control: Do we need an efficiency defense, ed. Fabienne Ilzkovitz, Roderick Meiklejohn, 84–201. Cheltenham: Edward Elgar. Lars-Hendrik Röller, Johan Stennek, Frank Verboven (2006)

Book Chapter Economic analysis and competition policy enforcement in Europe In Modelling European mergers: Theory, competition and case studies, ed. Erik Kloosterhuis, Peter A. G. Van Bergeijk, 13–26. Cheltenham: Edward Elgar. Lars-Hendrik Röller (2005)

Book Chapter Der ökonomische Ansatz in der europäischen Wettbewerbspolitik In Zukunftsperspektiven der Wettbewerbspolitik: Colloquium anlässlich des 30–jährigen Bestehens der Monopolkommission, ed. Jürgen Basedow, 37–46. Baden Baden: Nomos. Lars-Hendrik Röller (2005)

Book Chapter The transatlantic antitrust dialogue In Current competition law, vol III, ed. Mads Andenas, Michael Hutchings, Philip Marsden, 145–152. London: The British Institute of International and Comparative Law. Lars-Hendrik Röller (2005)

Book Chapter Efficiency and productivity growth comparisons of European and U.S. air carriers: A First look at the data In Recent developments in transport economics, ed. Kenneth Button, Cheltenham: Edward Elgar. David Good, Ishaq Nadiri, Lars-Hendrik Röller, Robin C. Sickles (2003)

Book Chapter Discrepancies between markets and regulators: An analysis of the first ten years of EU merger control In The pros and cons of merger control, ed. Swedish Competition Authority, 13–38. Göteborg: Elanders Graphic Systems. Damien J. Neven, Lars-Hendrik Röller (2002)

Book Chapter Internationale Wettbewerbspolitik in der Neuen Weltwirtschaft In Die Soziale Marktwirtschaft in der neuen Weltwirtschaft, ed. Lars-Hendrik Röller, Christian Wey, 169–194. Berlin: Edition Sigma. Lars-Hendrik Röller, Christian Wey (2001)

Book Chapter The political economy of state aid: Econometric evidence for the member states In The political economy of industrial policy in Europe and the member states, ed. Damien J. Neven, Lars-Hendrik Röller, 25–37. Berlin: Edition Sigma. Damien J. Neven, Lars-Hendrik Röller (2000)

Book Chapter Entwicklungen und Perspektiven der bundesrepublikanischen Beihilfepolitik In WZB–Jahrbuch, ed. Max Kaase, Günther Schmid, 461–498. . Lars-Hendrik Röller, Dietmar Harhoff (1999)

Book Chapter The structure and determinants of east-west trade: A preliminary analysis of the manufacturing sector In European integration: Trade and industry, ed. L. Alan Winters, Anthony J. Venables, 96–119. Cambridge: Cambridge University Press. Damien J. Neven, Lars-Hendrik Röller (1999)

Book Chapter The impact of telecommunications infrastructure on economic growth and development: A first look at the data In The implications of knowledge-based growth for micro-economic policies, ed. Peter Howitt, 363–386. Calgary: The University of Calgary Press. Lars-Hendrik Röller (1996)

Book Chapter EC integration and the structure of the Franco-American airline industries: Implications on efficiency and welfare In Models and measurement of welfare and inequality, ed. Wolfgang Eichhorn, 643–665. Berlin: Springer. David Good, Lars-Hendrik Röller, Robin C. Sickles (1994)

Book Chapter Comment on: Macroeconomic import functions with imperfect competition: An application to EC trade In Trade flows and trade policy after 1992, ed. Alan Winters, 263–265. Cambridge: Cambridge University Press. Lars-Hendrik Röller (1992)

Book Chapter Comment on: Papers by Edwin Mansfield, Karel Cool, and Landis Gabel In European industrial restructuring in the 1990s, ed. Karel O. Cool, Damien J. Neven, Ingo Walter, New York: New York University Press. Lars-Hendrik Röller (1992)

Book Chapter Entry with new multiproduct technologies In Dynamic games in economic analysis, ed. Raimo P. Hamalainen, H. K. Ehtamo, 39–47. Berlin: Springer. Lars-Hendrik Röller, Mihkel M. Tombak (1992)

Book Chapter Strategic aspects of flexible production technologies: Theory and evidence In Production economics: Challenges for the 90's, ed. Robert W. Grubbström, Hans H. Hinterhuber, 197–204. Amsterdam: Elsevier. Lars-Hendrik Röller, Mihkel M. Tombak (1991)

Case Nord Stream and the Danish fishermen Christoph Burger, Lars-Hendrik Röller (2011)

Study Defining product markets for shopping centers: Thoughts on methodological choices Jakub Kałużny, Rainer Nitsche, Lars-Hendrik Röller (2011)

Report Beurteilung eines nachhaltigen Internet-Modells für die nahe Zukunft Hans W. Friederiszick, Jakub Kałużny, Simone Kohnz, Michał Grajek, Lars-Hendrik Röller (2011)

Report Assessment of a sustainable Internet model for the near future Hans W. Friederiszick, Jakub Kałużny, Simone Kohnz, Michał Grajek, Lars-Hendrik Röller (2011)

Study Assessment of a sustainable Internet model for the near future Hans W. Friederiszick, Jakub Kałużny, Simone Kohnz, Michał Grajek, Lars-Hendrik Röller (2011)

Study The electricity wholesale sector: Market integration and competition Rainer Nitsche, Axel Ockenfels, Lars-Hendrik Röller, Lars Wiethaus (2010)

Other Does Europe need subsidized competition for achieving the goal of rapid deployment of broadband networks? Comments on the draft Community Guidelines for the application of State aid rules in relation to rapid deployment of broadband networks : 1–3 Hans W. Friederiszick, Rainer Nitsche, Lars-Hendrik Röller (2009)

Study Railway alliances in EC long-distance passenger transport: A competitive assessment post-liberalization 2010 Hans W. Friederiszick, Tseveen Gantumur, Rajshri Jayaraman, Lars-Hendrik Röller, Jens Weinmann(2009)

Report Safe and sound: An EU approach to sovereign investment Nicolas Véron, Lars-Hendrik Röller (2008)

Study Analyzing the relationship between regulation and investment in the telecom sector Hans W. Friederiszick, Michał Grajek, Lars-Hendrik Röller (2008)

Report Energy: Choices for Europe : 1–61 Lars-Hendrik Röller, Juan Delgado, Hans W. Friederiszick (2007)

Report Exploitative abuses Published in European competition law annual 2007: A reformed approach to article 82 EC, ed. Claus Dieter Ehlermann, Mel Marquis, 525–532. Oxford: Hart Publishing. Lars-Hendrik Röller (2007)

Study Energy: Choices for Europe Lars-Hendrik Röller, Juan Delgado, Hans W. Friederiszick (2007)

University publication Weniger und effektiver: Ökonomische Prüfverfahren könnten die EU-Beihilfenkontrolle stärken 111: 27–30 Hans W. Friederiszick, Lars-Hendrik Röller (2006)

Other Röller issues mid-term report : 3–12 Lars-Hendrik Röller, P. Buigues (2005)

Other The office of the chief competition economist Lars-Hendrik Röller, P. Buigues (2005)

Report Evaluation of the effectiveness of state aid as a policy instrument Lars-Hendrik Röller, Hans W. Friederiszick, Damien J. Neven (2003)

University publication Fusionskontrolle weltweit 95: 13–16 Lars-Hendrik Röller, Christian Wey (2002)

Report Lokale Märkte unter Globalisierungsdruck: Eine industrieökonomische Studie zur deutschen Zementindustrie : 1–113 Lars-Hendrik Röller, Hans W. Friederiszick (2002)

Comment Comment on: Concentration and public policies in the broadcasting industry 12(25): 331–333 Massimo Motta, Michele Polo, Lars-Hendrik Röller (1997)

Comment Comment on: Market opening, regulation and growth in Europe 23: 461–462 Lars-Hendrik Röller, Kees Koedijk, Jeroen Kremers (1996)

University publication Strategic value of manufacturing flexibility Lars-Hendrik Röller, Mihkel M. Tombak (1990)