Biased beliefs in dynamic decisions: extensions to policy and communication (A02)

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

The second phase of project A02 builds on the first phase and continues its research on subjective expectations and their dynamic nature. A novel aspect in the second funding phase is the focus on communication, which is an important mode of changing expectations. The project will conduct controlled experiments both in decision laboratories and on survey platforms in order to analyze and identify how communication affects belief formation and economic decisions. Concerning the project’s policy applications, a new focus lies on dynamic decisions that are related to retirement and pension reforms.

• DFG Programme: CRC/Transregios
• Subproject of: TRR 190: Rationality and Competition: The Economic Performance of Individuals and Firms
• Applicant Institution: Humboldt-Universität zu Berlin
• Project Heads: Professor Dr. Christoph Breunig, until 12/2020; Professor Dr. Peter Haan; Professor Georg Weizsäcker, Ph.D.