The Microeconomics group conducts research in microeconomic methodology and its applications to, for example, the design of resource allocation mechanisms, welfare economics, health economics, behavioural economics and policy analysis.
The group comprises a team of researchers who are strongly committed to advancing the scientific understanding of the efficiency and distributive consequences of economic mechanisms. The research conducted in the group also aims to explore a variety of applications to address particular challenges to the welfare state, such as allocation of health care, inequality reduction and poverty alleviation.
The group has obtained a number of external grants and currently holds the leadership of multi-investigator research grants from the DFF and the SDU2020 fund.
Current research activities are concentrated in the following areas:
- Design of resource allocation mechanisms (fair allocation)
L Grønbæk, TT Platz, P Sudhölter, K Szwagrzak, R Treibich and JM Zarzuelo.
- Welfare economics (analysis of inequality, poverty, and wellbeing)
N Siersbæk, P Sudhölter, K Szwagrzak, R Treibich.
- Behavioural and Experimental Economics
T Kjær, S Di Guida, MN Benediktson.
- Health Economics, Urban Economics, and Policy Analysis
T Christiansen, T Kjær, KM Pedersen, M Skak, N Siersbæk.
The central focus of the group is the development of economic theory, and the use of it for empirical and experimental explorations.
A strength of the group is its ability to combine microeconomic theory development with applied economics and policy – in particular within the area of health economics.
Much of the research incorporates techniques from decision theory and operations research and it often involves experiments and behavioural aspects. Most group members are also affiliated with the Centre of Health Economics Research (COHERE), contributing with research and research-based analyses on health economics and health policy.
In a time of large public budget deficits and increased focus on inequality, improving efficiency and fairness in resource allocation is a major challenge for society. The overarching research agenda of the group is to address this challenge. Although most of the research in the group is focusing on the development of general theory and methodology, specific applications play a significant role as well.
The group is active in terms of giving popular talks and dissemination activities targeted for young people with an interest in Economics, such as at the Tietgen Business College talent programme, the Danish Youth Association of Science and the Festival of Research. The group members are also active in giving science-based contributions to events promoting knowledge exchange between academia and business/society. The group members serve in various committees and boards and sometimes contribute to research-based analysis within the framework of COHERE Analysis. Some of the group members appear frequently in the media as expert commentators.
The group organizes conferences, seminars and lectures within the field and aims at publishing the results of our research carried out in the leading field journals and the most esteemed general interest journals in economics.
The group is responsible for teaching and supervision in microeconomics at all levels in a number of study programmes at SDU, including Economics, Math-Econ, Business Econ, Engineering (Energy Technology), Professional Masters, Political Science, Summer School and various part-time and further education programmes.