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Ernst Fehr has always seen what others missed – the connections between disciplines, the institutions that research needs to thrive, and the partnerships that make lasting impact possible. As he celebrates his 70th birthday, the UBS Center takes this as an opportunity to highlight a career that has shaped behavioral economics as a field, and Zurich’s Department of Economics as a world-class institution. Explore a selection of work, conversations, and tributes that reflect the breadth of his contribution.
Ernst Fehr has always seen what others missed – the connections between disciplines, the institutions that research needs to thrive, and the partnerships that make lasting impact possible. As he celebrates his 70th birthday, the UBS Center takes this as an opportunity to highlight a career that has shaped behavioral economics as a field, and Zurich’s Department of Economics as a world-class institution. Explore a selection of work, conversations, and tributes that reflect the breadth of his contribution.
Friedrich Merz has been German chancellor for one year. His approval ratings are at rock bottom, and the coalition is in turmoil. Security policy expert Marie-Agnes Strack-Zimmermann (FDP) calls for a tougher stance — both from the German government and toward the enemies of democracy.
Friedrich Merz has been German chancellor for one year. His approval ratings are at rock bottom, and the coalition is in turmoil. Security policy expert Marie-Agnes Strack-Zimmermann (FDP) calls for a tougher stance — both from the German government and toward the enemies of democracy.
Four structural fault lines have widened the gap between the system's original design and the policy challenges it now faces: Unresolved development bargains from the failed Doha Round, China's state-driven economic model, sustainability-related regulatory spillovers, and the rapid digitalization of trade.
Four structural fault lines have widened the gap between the system's original design and the policy challenges it now faces: Unresolved development bargains from the failed Doha Round, China's state-driven economic model, sustainability-related regulatory spillovers, and the rapid digitalization of trade.
Ulrike Malmendier warns of social tension—and explains how Europe can remain competitive as a business hub in the age of AI. This NZZ interview took place on the sidelines of a conference to celebrate the 70th birthday of behavioral economist Ernst Fehr.
Ulrike Malmendier warns of social tension—and explains how Europe can remain competitive as a business hub in the age of AI. This NZZ interview took place on the sidelines of a conference to celebrate the 70th birthday of behavioral economist Ernst Fehr.
Over three decades, the multilateral system supported a near-fivefold expansion of global trade, helped lift hundreds of millions out of poverty, enabled major structural transformation without requiring policy harmonization, and contained escalation through multiple large shocks — a record of resilience that makes abandonment a costly, not neutral, option.
Over three decades, the multilateral system supported a near-fivefold expansion of global trade, helped lift hundreds of millions out of poverty, enabled major structural transformation without requiring policy harmonization, and contained escalation through multiple large shocks — a record of resilience that makes abandonment a costly, not neutral, option.
What if shareholders care about more than profits? In his UBS Center Opinions lecture at Universität Zürich, Nobel laureate Oliver Hart challenged one of the central assumptions of modern corporate governance. Drawing on ideas from his forthcoming book Citizen Investors, he argued that shareholders are not merely investors seeking financial returns, but citizens whose social and moral preferences deserve a greater role in corporate decision-making.
What if shareholders care about more than profits? In his UBS Center Opinions lecture at Universität Zürich, Nobel laureate Oliver Hart challenged one of the central assumptions of modern corporate governance. Drawing on ideas from his forthcoming book Citizen Investors, he argued that shareholders are not merely investors seeking financial returns, but citizens whose social and moral preferences deserve a greater role in corporate decision-making.