Prof. Dr. Axel Ockenfels, together with Sandro Ambuehl, and B. Douglas Bernheim received the prestigious Exeter Prize 2022 for their paper What Motivates Paternalism? An Experimental Study. The Exeter Prize has been awarded annually since 2012 by the University of Exeter Business School for the best scientific article from a peer-reviewed journal in the field of experimental economics, decision theory, and behavioral economics.