Axel Ockenfels

Axel Ockenfels is a prominent German economist and game theorist known for his work on the application of game theory to economic and social issues. He teaches at the University of Cologne and has made significant contributions to understanding cooperative strategies in negotiations and trade, particularly in the context of international disputes. His insights into the 'prisoner's dilemma' have implications for current global trade relations, especially between the US and the EU.