ESCP Europe (Paris)

Michael Tröge

ESCP Europe (Paris)
Professor of Finance

Michael Troege has been teaching Finance at ESCP Europe since 2000. Professor Troege received a master in Mathematics from the Ludwig Maximilians Universität München in 1993. He then obtained a DESS in Finance from the Institut d’Etudes Politiques de Paris and in 1999 a Ph.D. in Financial Economics from Humboldt Universität Berlin. Prior to joining ESCP Europe he was research associate at the Wissenschaftszentrum Berlin (WZB) a government sponsored think tank and visiting scholar at J.L. Kellogg Graduate School of Management at Northwestern University. Professor Troege’s research focuses on game theory and commercial banking. In particular, he is studying the competitive interaction of banks in credit markets. In this context he has participated as expert in the European Commission’s Sector Inquiry in Retail banking published in 2007. His articles have been published in a variety of academic and practitioner-oriented journals including the Journal of Mathematical Economics, Games and Economic Behaviour, Journal of Economics, European Journal of Finance, International Journal of Industrial Economics, Annales d’Economie et de Statistiques and EC Competition Policy Newsletter. Professor Troege is also an active referee for a number of academic journals including the International Journal of Industrial Economics, Manchester School, Journal of Evolutionary Economics, European Management Journal. In addition to his academic research, Professor Troege has served as a consultant specializing on the intersection of antitrust and finance. He also regularly participates in training programs for banks and multi-national corporations on a range of investment, financing, and valuation issues. Professor Troege teaches the Financial Institution Management Course as well as advanced Corporate Finance classes and participates in a variety of Executive Education programmes.


788 Bulletin

Hans W. Friederiszick, Michael Tröge The EU Commission applies the market economy investor principle in State aid cases concerning German State owned companies (German Landesbanken Cases)


"Applying the Market Economy Investor Principle to State Owned Companies — Lessons Learned from the German Landesbanken Cases"* Introduction The Market Economy Investor Principle (MEIP) is in the Commission’s practice one of the entry points for economic analysis in State aid cases. Its purpose (...)

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