Sven Rady

Sven Rady is a Professor of Economics at the University of Bonn, holding the Hausdorff Chair for Mathematical Economics since 2011. He is affiliated with both the Department of Economics and the Hausdorff Center for Mathematics, where he serves as an Associate Director. His research primarily focuses on game theory, strategic experimentation, and real estate economics, with significant contributions to the understanding of bandit games and information dynamics in economic settings.

Rady received his Ph.D. in Economics from the London School of Economics in 1995, following studies in mathematics and physics at the universities of Konstanz, Bonn, and Paris VII. Prior to his position at Bonn, he was a Professor of Economics at the University of Munich (1999-2011) and an Assistant Professor at Stanford University's Graduate School of Business (1996-2001).

His research explores dynamic decision problems, equilibrium models and games, optimal learning, and strategic experimentation. A significant portion of his work examines how agents learn in strategic environments, particularly through bandit game frameworks where players face trade-offs between exploration and exploitation. His research also extends to real estate markets, analyzing how contracts and market structures affect aggregate economic fluctuations.

Rady's publications reveal a consistent focus on strategic experimentation across different contexts, from pure game-theoretic settings to applied economic problems. His work often bridges theoretical game theory with practical economic applications, particularly in housing markets and financial economics. The evolution of his research shows increasing sophistication in modeling information dynamics and strategic behavior in complex economic environments.

• Fellow of the Econometric Society (2023)
• Teaching award, Department of Economics, University of Bonn (2021 & 2022)
• Teaching award of the State of Bavaria (2005)

As an academic leader, Rady has served in numerous editorial roles, including as Co-Editor of the Journal of Mathematical Economics and the B.E. Journals in Theoretical Economics. He is currently Secretary of the European Standing Committee of the Econometric Society and serves as Deputy Spokesperson for the Collaborative Research Centre SFB/TR 224. His research team includes postdocs Gregorio Curello, Lucas Pahl, Miguel Risco, and Shaofei Jiang, with whom he collaborates on various projects related to game theory and economic dynamics.