Competition, incentives and belief formation (B01)

• Subject Area: Economic Theory
• Term: since 2017
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 280092119

The project focuses on the impact of behavioral biases on interactions among agents - in markets, organizations, and politics. Based on work in the earlier funding periods, the team will continue to research the interaction of incentives, competition, and beliefs, but with a stronger focus on "prosocial" behavior and political interaction. Prosocial behavior is affected by market regulation, raising the question how markets can be designed to promote pro-sociality. Related research questions are about the formation of beliefs, the acceptability of policy interventions, and polarization. The methodic approaches are theoretical and empirical, including experiments and surveys.

• 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: Dr. Takeshi Murooka, until 3/2018; Professor Dr. Klaus Schmidt; Professor Egon Tripodi, Ph.D.; Dr. Yves Le Yaouanq, until 9/2021