Tom-Reiel Heggedal

Tom-Reiel Heggedal is a Professor in the Department of Economics at BI Norwegian Business School, where he has been employed since 2009. He currently serves as a Professor (2023-present), having previously held positions as Associate Professor (2013-2022) and Assistant Professor (2009-2013). His research spans environmental economics, experimental economics, industrial organization, and labor economics, with a focus on bargaining theory, political economy, and innovation dynamics.

Dr. Heggedal earned his academic credentials from the University of Oslo, where he completed:

• Ph.D. in 2009
• Master Cand. Polit. in 2004

Heggedal's research interests center on experimental approaches to economic behavior, with particular expertise in bargaining experiments, price competition, and political economy. His work often combines theoretical modeling with laboratory experiments to test economic predictions. He has made significant contributions to understanding how reference points affect bargaining outcomes, how outside options influence negotiation dynamics, and how political alignment affects bureaucratic compensation. His interdisciplinary approach bridges economics, political science, and environmental studies.

His recent publications demonstrate a consistent focus on experimental economics, with particular emphasis on bargaining theory, price competition, and political economy. The research shows a strong methodological approach combining game theory with laboratory experiments across multiple high-impact journals in economics, political science, and public administration. His work on environmental policy reveals an inverted U-shape relationship between age and environmental concern, suggesting population aging may offset generational shifts toward greater environmental protection.

As a dedicated educator, Heggedal teaches courses in Environmental Economics, Industrial Organization, Microeconomics, and Game Theory. His teaching approach integrates his extensive research experience in experimental methods and economic theory, providing students with practical applications of theoretical concepts.