Nov 09 2013
Prof. Dr. Axel Ockenfels
Experimental Economist and “Market Designer”
Prof. Dr. Axel Ockenfels is a highly respected name in economics. He analyses the human behaviour when making economic decisions and the question of which strategic and rational factors influence those decisions. Using the game theory, he has developed a behavioural model to explain and to predict what seems to be a contradictory economic decision making pattern. He also focuses on internet and auction markets.
“One of the most renowned German economists”
He is currently professor of political economics at the University of Cologne. Ockenfels received his Diploma in economics from the University of Bonn and earned his doctoral degree in economics from the Otto-von-Guericke University Magdeburg. Renowned for his research on game theory and experimental economics, he is considered one of most influential German economists and has published in prestigious journals worldwide. His “Theory of Equity, Reciprocity, and Competition” (co-authored with Gary E. Bolton) is one of the most cited papers in economics.[/expand]
Prof. Ockenfels clarifies the most complex issues affecting today’s global economy. His remarks enlighten audiences about the challenges currently faced and are of great interest for decision makers from all fields of businesses. [/expand]
Topics
Economics
Behavior Science
Internet and Auction Markets
Publications
An Experimental Analysis of Ending Rules in Internet Auctions
Measuring Efficiency and Equity Motives – A Comment on “Inequality Aversion, Efficiency, and Maximin Preferences in Simple Distribution Experiments”.
The Coevolution of Morality and Legal Institutions – An indirect evolutionary approach.
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