The research centers on the economic behavior and performance of individuals and firms. It aims to analyse the role of systematic biases in the economic decisions of households, the adaptation strategies of firms to these biases in customers and employees, and the effect of competition on behavioral biases. Another research objective is to assess economic policies that protect consumers and workers from exploitation and prevent market disruptions. The center will analyse the economic and allocative outcomes of rational and irrational behavior in competitive environments. A central empirical focus is to determine when behavioral biases significantly impact outcomes and when traditional economic models remain sufficient. By bringing together behavioral and neoclassical economists, the CRC’s objective is to effectively address these issues.
Affiliated Faculty
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Arianna Ornaghi, Assistant Professor of Economics
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Egon Tripodi, Assistant Professor of Economics
