Metadata
Title
Collaborative research centers
Category
general
UUID
1e6db90d9db74f95812e8f18d1015b21
Source URL
https://www.econ.lmu.de/en/research/collaborative-research-areas/
Parent URL
https://www.econ.lmu.de/en/research/
Crawl Time
2026-03-13T04:13:59+00:00
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# 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"](https://rationality-and-competition.de/ "Link opens in a new window") 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](https://rationality-and-competition.de/ "Link opens in a new window")

## 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"](https://gepris.dfg.de/gepris/projekt/5486010?language=en "Link opens in a new window") 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](https://gepris.dfg.de/gepris/projekt/5486010?language=en "Link opens in a new window")

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