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GRK 1134:  Economic Behaviour and Interaction Models

Subject Area Economics
Term from 2005 to 2014
Project identifier Deutsche Forschungsgemeinschaft (DFG) - Project number 777777
 
Economics as a discipline arises from the fact that scarce resources prevent individuals from unrestricted maximisation of their desires. In the illuminating case of one person, economics degenerates to an application of decision theory. If several persons are involved, economics naturally has to deal with interaction of individuals with partially different interests. Depending on the framework, individual information and the presumed level of rationality and learning abilities economics has provided various approaches with different focuses. Also depending on the level of aggregation different assumptions are made on interacting decision units, and their goals and behaviour and various approaches yield different, sometimes contradicting results.
The present programme intends to exploit the insights gained in different contexts and approaches for better understanding the immanent interaction processes that determine economic behaviour. In particular, the interplay between dynamic evolutionary processes, resulting institutions, human decision making and intelligent design are a main goal of the programme s research activities. The relevance of these phenomena reaches far beyond economics into general social sciences. Hence, the thematic focus of our programme is on the combination of strategic aspects and the dynamic nature of interaction.
The study programme gives particular attention to these aspects. Interdisciplinarity is constituted in several ways. On the one hand, there is the cooperation of representatives of different subfields of economics. On the other hand, there is the fundamental role mathematical concepts and methods play in model building and analysis that requires deep knowledge in both disciplines, mathematics and economics. Finally, there is the scope of expanding methods that have been successful in economics to social sciences and to import methods and insights from social sciences to build more realistic and useful models.
The programme uses the option of explicitly basing the research activities on methods of mathematical economics but combines this with special applications in different directions. Similar views but different focuses on the partners sides provide an ideal combination of synergy and complementarities. Last but not least, it is the programme s intention to create a durable French-German scientific cooperation and long-lasting cooperation and personal relations between young researchers from France, Germany and abroad.
DFG Programme International Research Training Groups
International Connection France
Applicant Institution Universität Bielefeld
IRTG-Partner Institution Université Paris 1 Panthéon-Sorbonne
IRTG-Partner: Spokesperson Professor Jean-Marc Bonnisseau
 
 

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