Behavioral & Experimental Economics

The research area at a glance.

Department
Competition and Consumers

Research Area

Behavioral & Experimental Economics


Research profile

Cognitive limitations and a distorted perception of factors relevant to decision making can significantly impact behavior – such as voters’ preferences for public goods and economic redistribution, or consumers’ ability to estimate future returns and potential risks when making investment and savings decisions. In the area "Behavioral & Experimental Economics", theoretical considerations, experimental investigations, and surveys are used to analyze systematic deviations from the rational standard model. Our research aims at understanding the behavior observed when humans are acting as consumers, voters or investors, and we also ask which instruments (public or private) that can be used to prevent inefficient decisions and to increase welfare.