Collaborative research centers
Source: https://www.econ.lmu.de/en/research/collaborative-research-areas/ Parent: https://www.econ.lmu.de/en/research/
Our participation in long-term basic research projects. In an CSC, scientists from different disciplines and universities work together to gain new insights into a delimited topic.
Rationality and Competition
The Collaborative Research Center Transregio (CRC TRR 190) "Rationality and Competition" investigates economic issues of high policy relevance by combining behavioral and neoclassical approaches. The focus is on the behavior and performance of individuals and firms. Systematic biases in expectations, decision processes, and preferences are examined and how they affect household economic decisions. In addition, the responses of firms to behavioral biases of customers and employees are analyzed. The influence of competition on behavioral biases and the effectiveness of economic policy interventions are studied. The SFB analyzes the allocative consequences and economic policy implications of rationality and rationality deviations in competitive environments. It works closely with behavioral and neoclassical economists, using modern microeconomic theories and various empirical methods.
More about the program: Rationality and Competition
Governance and the efficiency of economic systems
The faculty was a founding member of the since 2004 - 2015 Collaborative Research Center/Transregio 15 (SFB TR 15) "Governance and the Efficiency of Economic Systems" of the German Research Foundation, in which also the FU Berlin, the HU Berlin, the University of Bonn and the University of Mannheim participated.
More about the program: Governance and the efficiency of economic systems
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