I occupy the Ragnar Söderberg Chair in Economics. I am currently a Wallenberg Scholar. My research and teaching primarily fall in the areas of institutional, organizational and behavioral economics. Fundamentally, I am interested in the question of why some societies and organizations are so much more succcessful than others. My own contributions often take the form of new formal models that are evaluated with the help of laboratory experiments. Recently, I have been trying to understand the nature and importance of dutiful behavior. I also study corporate finance and monetary economics.

I hold a PhD from London School of Economics and an Honorary Doctorate from Hanken School of Economics. Previously, I have served as president of Society for Institutional and Organizational Economics (SIOE), chaired the committee for the Prize in Economic Sciences in Memory of Alfred Nobel, been a board member of the Royal Swedish Academy of Sciences and of SNS (Center for Business and Policy Studies). I received the Erik Lindahl Prize 1998, the Assar Lindbeck Medal 2007, and the Söderberg Prize 2015.