Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the decisions of individuals or institutions, such as how those decisions vary from those implied by classical economic theory.
Reinhard Justus Reginald Selten was a German economist, who won the 1994 Nobel Memorial Prize in Economic Sciences. He is also well known for his work in bounded rationality and can be considered one of the founding fathers of experimental economics.
Clemens Fuest is a German economist who has been President of the Ifo Institute for Economic Research and director of the Center for Economic Studies at the University of Munich (LMU) since 2016.
John Terrence Cacioppo was the Tiffany and Margaret Blake Distinguished Service Professor at the University of Chicago. He founded the University of Chicago Center for Cognitive and Social Neuroscience and was the director of the Arete Initiative of the Office of the Vice President for Research and National Laboratories at the University of Chicago. He co-founded the field of social neuroscience and was member of the department of psychology, department of psychiatry and behavioral neuroscience, and the college until his death in March 2018.
Kai A. Konrad is a German economist with his main research interest in public economics.
Christoph Matthias Schmidt is a German economist. He has been President of RWI - Leibniz Institute for Economic Research in Essen since 2002 and also holds the Chair for Economic Policy and Applied Econometrics at the Faculty of Management and Economics at the Ruhr-Universität Bochum. He was a member of the German Council of Economic Experts from 2009 to 2020 and its chairman from 2013 to 2020. Since 2019 he has been a member, and since 2020 co-chairman, of the Franco-German Council of Economic Experts. From 2011 to 2013, he was a member of the Enquete Commission "Growth, Prosperity, Quality of Life" of the German Bundestag. From 2020 to 2021 he was a member of the "Corona-Expertenrat" of the Minister President of North Rhine-Westphalia. He has been a member of acatech – Deutsche Akademie der Technikwissenschaften since 2011, a member of the presidium since 2014, and vice president since 2020. He is a member of the National Academy of Sciences Leopoldina, the Mainz Academy of Sciences and Literature and the North Rhine-Westphalian Academy of Sciences and Arts.
Joachim Weimann is a German economist. He is currently the chair for Economic Policy at the Otto-von-Guericke University Magdeburg. Weimann's research interests include environmental economics and behavioral economics.
Armin Falk is a German economist. He has held a chair at the University of Bonn since 2003.
Serge-Christophe Kolm is a French economist. His work in economics and related social science includes his analyses, concepts and results in Public Economics and Normative Economics focusing on equality, distributive justice, and efficiency of economic measures, and in other fields and problems often applying them.
Lars Peter Feld is a German economist who currently serves as director of the Walter Eucken Institut and as Professor for Economic Policy at the University of Freiburg. From 2020 to 2021 he also chaired the German Council of Economic Experts. Federal Minister of Finance Christian Lindner made Feld his personal economic policy advisor in February 2022.
Leif Kobbelt is a German university professor for Computer Science with a specialization in Computer Graphics. Since 2001 he is the head of the Institute for Computer Graphics and Multimedia at RWTH Aachen university.
Isabel Schnabel is a German economist who has been serving as a member of the Executive Board of the European Central Bank since 2020.
Jakob von Weizsäcker is a German economist and politician of the Social Democratic Party (SPD) who has been serving as State Minister of Finance in the government of Minister-President of the Saarland Anke Rehlinger since the 2022 state elections.
Gary Charness is Professor of Economics and the Director of the Experimental and Behavioral Economics Laboratory in the Department of Economics at the University of California, Santa Barbara. Charness is an economist and social scientist, specializing in experimental and behavioral work; he is currently ranked 3rd in the world by RePEc in the field of experimental economics and has published nearly 80 academic articles. Charness is a contributor to several areas of economic research, including social preferences, identity and group membership, communication and beliefs, behavioral interventions, group decision-making, social networks, gender, and individual decision-making. A centerpiece of his research has been to effect beneficial social outcomes in difficult economic environments. Charness's work has been discussed and published in The New York Times and Science, as well as in other media. Charness is married and has three children.
Gerald H. Haug is a German geologic climatologist, prize winner of the Gottfried Wilhelm Leibniz Prize and since 2007 he has a professorship at the ETH Zürich in Switzerland. In 2015 he became director of the Climate Geochemistry Department and Scientific Member at the Max Planck Institute for Chemistry in Mainz and since March 2020, he became the new President of the National Academy of Sciences Leopoldina.
Andreas Löschel is a German economist currently holding the chair of Energy and Resource Economics at the University of Münster. He is the director of the Centre of Applied Economic Research Münster (CEAW). His research interests include applied microeconomics, energy economics and the economics of climate change. He is ranked among the most influential economists in his field. In an annual Frankfurter Allgemeine Zeitung Ranking, he is among the 25 most influential economists in Germany.
Werner Güth is a German economist who, together with Rolf Schmittberger and Bernd Schwarze, first described the ultimatum game. He is currently Emeritus Director at the Max Planck Institute for Research on Collective Goods.
Andreas Ortmann is a German-born economist and Professor of Experimental and Behavioural Economics at the UNSW Business School. He is best known for his work on experimental methodology in social sciences, heuristics and coordination games. Vernon L. Smith, in the acknowledgement to his A Life in Experimental Economics, described Ortmann as an "economic theorist, experimentalist, and intellectual historian par excellence in all".
Peter Cramton is an American economist and academic. He is Professor of Economics at the University of Maryland, Emeritus since 2018, and holds the Market Design Chair in Economics at the University of Cologne.
Monika Schnitzer is a German economist and chair of comparative economic research at the Ludwig Maximilian University of Munich. She was the president of the Verein für Socialpolitik from 2015 to 2016 and is the chairwoman of the German Council of Economic Experts since 2022.
