Reinhard Selten Award 2025
The Reinhard Selten Award 2025 goes to Kai Fischer and Honghao Zheng. Congratulations!

The Reinhard Selten Prize 2025 is awarded to Kai Fischer (Heinrich Heine University Düsseldorf) and Honghao Zheng (KU Leuven) for their paper “Demand (Un)certainty and Productivity: Evidence from the German Coal Mining Industry.” Congratulations, and many thanks to the entire 2025 program committee under the leadership of Philipp Schmidt-Dengler.
The Reinhard Selten Prize is endowed with €3,000 and was presented by VfS President Klaus Schmidt on the occasion of the VfS Annual Conference at the University of Cologne.
Further information on this VfS award can be found here.