The Econometric Society is an international society for the advancement of economic theory in its relation to statistics and mathematics. The main activities of the Society are publication of the journals Econometrica, Quantitative Economics, and Theoretical Economics, publication of a research Monograph Series, organization annually of scientific meetings in six regions of the world, and a World Congress once every five years. For more than 90 years, the Society has been electing Fellows. Candidates for Fellow are nominated by members, Fellows, and a Fellows Nominating Committee (FNC) and elected by the Society’s active Fellows.
"Election as a Fellow of the Econometric Society is a recognition of important contributions to Economics. The Fellows represent the highest authority of the Society. I congratulate them on this great honor,” said Rosa Matzkin, President of the Econometric Society.
Since 1931, only 1,188 total fellows have been elected. To date, 8 fellows of the Econometric Society are or were members of the Department of Economics in Bonn.
Sven Rady is a Hausdorff Chair for Mathematical Economics. His research is concerned with the dynamics of individual decisions and the resulting equilibrium processes when economic agents are uncertain about the environment in which they operate and can learn about it through experimentation.