Academic Honours
- 1965: Genossenschaftspreis of the philosophical-historical Faculty of the University of Basle
- 1996: Vernon Prize 1996 of the Association for Public Policy and Management United States of America
- 1998: Fellow of the Public Choice Society
- 2004: Elected Fellow of the European Economic Association
- 2005: Corresponding Fellow of the Royal Society of Edingurgh (FRSE)
- 1998: Honorary doctorate of the University St. Gallen (Switzerland) and the University of Goeteborg (Sweden)
- 2005: Distinguished CESifo Fellow
- 2005: Academic Affiliate, Judge School of Business, Cambridge University (UK)
- 2007: Gustav Stolper-Prize, of the Verein für Socialpolitik
- 2008: Friedrich von Wieser-Prize, Prague Conference on Political Economy
- 2009: Honorary doctorate of the Vrije Universiteit Brussel (Belgium)
- 2010: Honorary doctorate of the Université Paul Cézanne Aix-Marseille III (France)
- 2010: Distinguished Fellow of the Association for Cultural Economics, International
- 2011: Honorary doctorate of the University Innsbruck (Austria)
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