The research projects aims at studying behavioral aspects of institutional design. The starting premise is that an institution is a formal centralized structure. There are numerous examples of such structures: creating a centralized public procurement, creating spectrum license auctions, allocating school children to schools, matching kidney patients to donors.
Tommy Andersson, Lund University and Erik Wengström, Lund University
Depending on how the formal rules are structured around the institution participants’ behavior will be affected by strategic or dynamic aspects. This project aims at studying two aspects: (a) given a set of specific goals set by the policy makers, how shall formal centralized institutions be optimally designed and (b) which behavioral aspects follow from a specific centralized institution. The project will investigate different questions –based on practical problems- that can be connected to (a) and (b) by theoretical, empirical and experimental methods.
The project is financed by the Ragnar Söderberg Foundation.
Time period: 2014-