Ernst Fehr

Ernst Fehr is a prominent economist and researcher known for his work in behavioral economics, particularly regarding human cooperation and social preferences. He investigates how social norms, fairness, and altruism influence economic decisions. Fehr’s research challenges the traditional view that people always act purely in their self-interest, highlighting that individuals often consider fairness and the well-being of others in their choices. He has conducted various experiments to understand how these social factors affect market behavior and economic interactions, contributing valuable insights into how economic systems operate in the real world.