Georg Weizsäcker
Microeconomist, Behavioral Economist, Author of "Misunderstandings: False Beliefs in Communication"
- Gaining credibility by not maximizing income
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- The president of the Central Council of Jews in Germany argues for allowing aid to enter Gaza. 👍 www.tagesspiegel.de/politik/schu...
- „ridiculous and dangerous don’t contradict each other“ (Frankfurter Allgemeine Zeitung‘s fitting summary of this „kingdom“) www.nytimes.com/2025/05/13/w...
- Thank you, to colleagues in 🇫🇷 and 🇩🇪, for adding these important quantifications to the tariff discussion — PDF in English 👇 Overall, the strategic situation of the EU appears not too bad www.sachverstaendigenrat-wirtschaft.de/fileadmin/da...
- Among the many good things about teaching decision theory: Risk seeking also goes by the name "risk loving" so that you may write on the board 👨🏫 loving = seeking and trust that this insight is one to look at and smile.
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- Interesting historical perspective - thank you! - the fact that @ygorodnichenko.bsky.social and many more people (I, too) use „beliefs“ and „expectations“ interchangably is related to the framework that you ask about. One may say we stick to subjective expected utility theory as close as possible.
- German colleagues, take note
- Israel's president visits Berlin - Welcome! Germany is grateful to call Israel a friend, even during the unbearable Gaza war. The Int'l Red Cross puts it well: "Aid must be allowed to enter Gaza. Hostages must be released." Both of it unconditionally.
- Software giant #SAP cuts DEI, for Trump. Many others disagree. 👇 A related discussion: Is DEI to blame for Trump? It seems to trigger MAGA, so was it a big mistake? No! (Sorry, guys.) If reasonable acts trigger a fanatic, the fanatic is at fault. fortune.com/article/dei-...
- Cutting into the NSF is another step in the destruction of knowledge and science. It will happen here, too, if we allow things to slide.
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- Such a great tradition 👏
- A German proverb: "Gefahr erkannt, Gefahr gebannt". Forewarned is forearmed. Yes, except if you stare at the snake like a rabbit.
- Refusing to know about the future 😖
- There’s so much happening right now, I thought I’d put together a running thread on the dismantling of #climate and research and knowledge infrastructure in the United States 🧵
- Important to highlight the consequences of hierarchies in German academia👇 Thanks to all who contribute to monitoring the situation, and to initiating reforms where possible Glad that @humboldtuni.bsky.social is viewed as a positive example (and believe it is also true for Econ/Business)
- The Geography Department of @humboldtuni.bsky.social is featured as a positive example of an institute trying to address structural problems of the German academic systems in the important piece by @virginiagewin.bsky.social --> www.nature.com/articles/d41... - briefly commenting on this 🧵
- Reposted by Georg WeizsäckerGood news: fossil fuels provided less than half of US electric power in March for the first time ever oilprice.com/Energy/Energ...
- Unprecendented and bad news indeed, but not a crisis. The democratic parties know their enemies and will be savvy enough to not serve them again today.
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- More initiatives offering scholars a path to Europe. Sad to have to do it but it's the right thing to do.
- 🚨🚨 @ec.europa.eu president @vonderleyen.ec.europa.eu has slammed U.S. President Donald #Trump's campaign against American higher education as she unveiled a half-billion-euro EU plan to attract foreign researchers. 🧵 www.politico.eu/article/eu-u...
- Everybody welcome here - test us if in doubt
- Sad but it's time again, to learn from looking at the US
- Good blog post by @thomaszimmer.bsky.social on US-Germany and the AfD.👇 Commemorating the end of WWII in Europe is important. Germany’s crimes and near self destruction were stopped by the US gov’t and its many allies, at huge cost. Never forget.
- From The Economist: "'Emigration from Africa will reshape the world. As other countries age, they will need Africa’s youth.' This trend is already visible in the remittance flows to sub-Saharan Africa." (Back-translated to English)
