I am a professor at the Heilbronn University of Applied Sciences, Germany.

I have a degree in economics from the National University of La Plata, Argentina, and a PhD in economics from the University of California, Los Angeles. My research fields are applied game theory, entrepreneurship, and philosophy of the social sciences.

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Current research projects

Preemptive signaling in the trust game when players care for social esteem

The role of social esteem in the emergence of trust

Predictive vs non-predictive strategies in entrepreneurial environments

“The good life is one inspired by love and guided by knowledge”

- Bertrand Russell

Publications

Boulu-Reshef, B., Kuechle. 2025. Preemptive signaling and the emergence of trust in entrepreneurial investments. Journal of Behavioral and Experimental Finance, 45, https://doi.org/10.1016/j.jbef.2024.101008.

Boulu-Reshef, B., Calmettes, A.. Istrefi, K., Kuechle, G, Mun, S. and Rohland, L. The trust to investment experimental framework for studying entrepreneurship.Review of Entrepreneurship, 23 (1), 45-66.

Boulu-Reshef, B. Kuechle, G and Rohland, L. 2023. Signaling Trustworthiness with the Choice of a Prosocial Project: Theory and Experiment. Journal of Behavioral and Experimental Economics, https://doi.org/10.1016/j.socec.2023.102146.

Kuechle, G. and Rios, D. 2020. Multiple realization and evolutionary dynamics: A fitness-based account. Australasian Journal of Philosophy, 100:1, 149-164.

Kuechle, G. 2019. The contribution of behavioral genetics to entrepreneurship research: An evolutionary perspective. Journal of Evolutionary Economics. DOI: 10.1007/s00191-019-00634-x.

Kuechle, G., Boulu-Reshef, B., Carr, S. 2016. Prediction- and control-based strategies in entrepreneurship: The role of information. Strategic Entrepreneurship Journal, 10(1), 43-64.

Kuechle, G., Rios, D. 2015. Optimization-based explanations. Philosophy of the Social Sciences, 45(4-5), 481-496..

Kuechle, G. 2014. Regional concentration of entrepreneurial activities. Journal of Economic Behavior and Organization, 102, 59-73.

Sarasvathy, S. D., Menon, A., Kuechle, G. 2013. Failing firms and successful entrepreneurs: Serial entrepreneurship as a temporal portfolio. Small Business Economics, 40(2), 417-434.

González-Pernía, J. L, Kuechle, G., Peña-Legazkue, I. 2013. An assessment of the determinants of university technology transfer. Economic Development Quarterly, February 2013; vol. 27, 1: pp. 6-17.

Kuechle, G. 2013. The determinants of effective entrepreneurial behavior: An evolutionary game theory critique. International Journal of Management, 30(2) Part I, 507-522.

Kuechle, G., Rios, D. 2012. A game theoretic analysis of the Baldwin Effect. Erkenntnis, 77(1), 31-49.

Kuechle, G. 2010. Regional concentration of entrepreneurial activities. Frontiers of Entrepreneurship Research, Vol. 30: Iss. 15, Article 2.

Guerrero, M., Kuechle, G. 2012. Tolerance for failure. In Encyclopedia of new venture management. Thousand Oaks, CA: SAGE Publications, Inc. doi: http://dx.doi.org/10.4135/9781452218571.n184452-453.

Kuechle, G., Rios, D. 2011. The Coase theorem reconsidered: The role of alternative activities. International Review of Law and Economics, 32(1), 129-134.

Kuechle, G., Rios, D. 2011. Frequency dependence arguments for the coevolution of genes and culture. In Brinkworth, M. and Weinert, F. (Eds). Evolution 2.0: Implications of Darwinism in Philosophy and the Social and Natural Sciences. Berlin: Springer Verlag.

Harms, R., Kuechle, G. 2010. Stichwort: Effectuation. Wirtschaftswissenschaftliches Studium,39 (1), 44-47.

Kuechle, G. 2009. Persistence and heterogeneity in entrepreneurship: An evolutionary game theoretic analysis.Journal of Business Venturing, 26(4), 458-471.

Kuechle, G. 2009. What happened to the three-legged centipede game?Journal of Economic Surveys, 23(3), 562-585.

Kuechle, G., Rios, D. 2009. Explaining Social Behavior by Jon Elster.Philosophy of the Social Sciences.

Kuechle, G. 2009.Counterfactuals, Rationality and Equilibrium Concepts in Game Theory.Hamburg: Verlag Dr. Kovač.

Kuechle, G., Rios, D. 2009. Entitlements in the Market: Rational Choice and Externalities, in: Cherkaoui, Mohamed and Hamilton, Peter (eds.): Raymond Boudon: A Life in Sociology, Oxford: The Bardwell Press.

Kuechle, G., Rios, D. 2008. The Grammar of Society: The Nature and Dynamics of Social Norms by Christina Bicchieri.Economics and Philosophy, 24 (1), 117-123.

Kuechle, G. 2008. Evolution, games and entrepreneurship theory(Summary).Frontiers of Entrepreneurship Research, Vol. 28: Iss. 5, Article 2.

Dissertation papers

Backward induction and the centipede game (pdf file)

Belief upfdating and equilibrium refinements in signaling games (pdf file)

Graciela Kuechle, PhD

PROFESSOR OF ECONOMICS

I am a professor at the Heilbronn University of Applied Sciences, Germany.

I have a degree in economics from the National University of La Plata, Argentina, and a PhD in economics from the University of California, Los Angeles. My research fields are applied game theory, entrepreneurship, and philosophy of the social sciences.

Current research projects