Felix Bierbrauer is Professor for Economics and Chair for Public Economics at the University of Cologne. He is a member of the board of academic advisors of Germany’s Federal Ministry for Economic Affairs and Energy. He is also affiliated with the CEPR, CESifo, and the Max Planck Institute for Research on Collective Goods. Felix received his PhD in 2006 at the University of Mannheim. He was a visiting scholar at the Massachusetts Institute of Technology in Cambridge, USA.