Karl Paul Hensel Prize of the Doris and Dr. Michael Hagemann Foundation

The Karl Paul Hensel Prize of the Doris and Dr. Michael Hagemann Foundation annually honors outstanding dissertations in the field of institutional and regulatory economics research. In the tradition of Prof. Dr. Karl Paul Hensel, comparative thinking in economic and social systems is promoted to highlight deficits, peculiarities, and potentials of various systems at both macro and micro levels. The award is endowed with €8,000 and is granted nationwide in Germany as well as throughout Austria. Self-nominations are excluded: submissions must be made by the supervising doctoral advisor or reviewers. A prerequisite is the completion of the doctorate (oral examination) no more than twelve months before the deadline of June 30 of a calendar year. Dissertations may be submitted in German or English but must have been completed at a faculty of economics in Germany, Austria, or Switzerland.

With the prize objective of scientifically advancing the foundations of regulatory policy and examining their societal applicability, the award is particularly aimed at doctoral candidates of economics faculties and their supervisors. Evaluation criteria include alignment with Hensel’s regulatory economic legacy, practical relevance and feasibility of the results, as well as a convincing structure and linguistic clarity of the work. Applications must include, among other documents, the fully completed submission form, curriculum vitae, copy of the doctoral certificate, PDF and printed copy of the dissertation, as well as a GDPR-compliant consent form. The award ceremony takes place during an academic celebration, where the laureates present their research findings.