Renate Schubert is a professor for economics at the Swiss Federal Institute for Technology in Zürich (ETHZ). She is author of numerous articles and books o n decision-making under risk and uncertainty, on energy and environmental issues, on developing countries’ problems as well as on gender issues. By means of experiments and other empirical methods she tries to explain seemingly non-rational behavior and to lay the grounds for ways to improve welfare. Renate Schubert had been head of the Centre for Economic Research at ETHZ. In July 2007 she founded the Institute for Environmental Decisions (IED) which she headed until 2014. She has been member and chair of National Research Councils as well as Government and University Advisory Boards in several countries. She is a principal investigator in the FRS part of the Singapore- ETH Center.