- Environmental Economics
- Public Economics
- Game Theory
- International Environmental Agreements
Michael is interested in all kinds of economic problems that involve externalities (spillovers) across economic agents, where coordination and cooperation would generate global welfare gains but which typically suffer from ‘free-riding’ (i.e., not everybody is contributing its fair share). He is analyzing which factors cause free-riding and how and through which measures this can be mitigated. Many of these problems relate to collective decision making and public and global governance. International and global environmental problems, like climate change and overfishing, are prominent examples.
Michael FinusInstitut für Volkswirtschaftslehre