Klaus M. Schmidt is Full Professor of Economics at the Ludwig-Maximilians-Universität Munich. He was also Visiting Professor at Harvard University, University of California at Berkeley, Yale University and Stanford University. His research interests include contract theory, game theory, and behavioral economics. Among his advisory duties is that of Corresponding Member of the Council of the Lindau Nobel Laureate Meetings and that of member of the Advisory Board of the German Federal Minister for Economics and Technology. He has also been editor for a number of journals and is currently Senior Editor of Economic Policy. Since 2005, he is Member of the Berlin-Brandenburg Academy of Sciences.
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