Welcome to the website of the Chair in Microeconomics

How to optimally divide a finite cake to many cake lovers (distribution of scarce resources)? How many free time should one take, if more free time implies less work and finally less money, so that maybe the new computer is no longer affordable (maximization under constraints)? What impact has individual behavior, if many are involved in decision making (analysis of strategic interaction)? These and other similar questions engage us - in an abstract way and with focus on bounded rationality models or with respect to psychological factors of influence - at the chair in microeconomics. For further information please contact us.