Prof. Reichelstein, who is internationally known for his research at the interface of accounting and economic analysis, was previously William R. Timken Professor of Accounting at Stanford University's Graduate School of Business. Much of Prof. Reichelstein’s research has addressed issues related to cost- and profitability analysis, decentralization, internal pricing and performance measurement. In recent years he has focused in particular on the cost competitiveness of low-carbon energy solutions.
At the University of Mannheim, Prof. Reichelstein will build up a newly-endowed research institute. The Mannheim Institute for Sustainable Energy Studies (MISES) will address economic aspects of the transition to a decarbonized energy economy, with a particular focus on the timeliness and cost effectiveness of this transition.
“International rankings put Mannheim's business and economics departments among the best in Europe,” said Prof. Dr. Ernst-Ludwig von Thadden, President of Mannheim University. “The appointment of Stefan Reichelstein further increases our international visibility and attests to the global competitiveness of our university.”
Both the Mannheim Institute for Sustainable Energy Studies and Prof. Reichelstein’s endowed professorship are funded by the University of Mannheim Foundation.