Heterogeneity of expectations and biases in individual choices (A01)

• Subject Area: Economic Theory ; Statistics and Econometrics ; Economic Policy, Applied Economics
• Term: since 2017
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 280092119

The project studies the heterogeneity of different non-standard preferences and their interactions with each other. We study both substantive applications, for example in health economics and education, and methodological questions about the measurement of preferences and beliefs in experiments. A substantial part of our work deals with econometric analyses of the behavioral data from laboratory experiments, self-designed surveys, and administrative records. The research in the third funding period will be directed towards policy issues in health, education, energy consumption, and distributional justice, among others.

• DFG Programme: CRC/Transregios
• Subproject of: TRR 190: Rationality and Competition: The Economic Performance of Individuals and Firms
• Applicant Institution: Ludwig-Maximilians-Universität München
• Project Heads: Professor Dr. Dirk Engelmann; Professor Dr. Joachim Winter