Overview of Selected Externally Funded Projects

The faculty’s researchers are involved in numerous externally funded projects, e.g. of the German Research Foundation (DFG). On this page, you can learn more about selected projects / ECR grants and obtain an overview of the diversified research work underway at the faculty. Further information, e.g. on contact persons, can be found by clicking on the respective link.

You can view the faculty’s current publications here.


“The faculty’s researchers play an active role in numerous externally funded projects in the area of basic research, which attract a great deal of interest from the scientific community and the general public. The many publications in prestigious journals and a regular presence in the press and other media underline the high impact and importance of their research contributions as well as the expertise that exists at the faculty.”

(Prof. Dr. Ferdinand von Siemens, Dean of Research)


Selected DFG projects

Assigned person: Prof. Dr. Jan Landwehr (Department of Marketing)

Contact / Further information: here

Assigned person: Prof. Dr. Maik Schmeling (Department of Finance)

Contact / Further information: here

Assigned person: Prof. Dr. Thomas Otter (Department of Marketing)

Contact / Further information: here

Assigned person: Prof. Dr. Oliver Hinz (Department of Business Informatics and Information Economics)

Summary: The Collaborative Research Center MAKI (Multi-Mechanism-Adaptation for the Future Internet), in which Professor Oliver Hinz is involved, alongside others, is looking at the challenges of the Internet of the future, which is characterized by increasing dynamics and variations in the conditions in which communication systems operate. At the focus are the adaption, interaction and optimization of mechanisms in communication systems in order to do justice to increasing quality requirements and easier use. Especially mobile use presents a challenge, as the overall conditions fluctuate quickly and the communication system must react flexibly to them. The aim of MAKI is to develop automated, coordinated and seamless solutions for the transition between functionally equivalent mechanisms within a communication system.

Contact / Further information: here

Assigned person: Prof. Dr. Oliver Hinz (Department of Business Informatics and Information Economics)

Summary: The project “Understanding the Market Reaction to Audio Cues in Earnings Conference Calls” led by Professor Oliver Hinz aims to explore the possibilities of the machine processing of information from earnings conference calls. While previous research was primarily based on text data, this project aims to identify hidden information from audio files, known as “audio cues”, and incorporate it into forecasting models. Through this work, the project aims to find out whether and how certain market stakeholders could gain a forecasting advantage through this additional information.

Contact / Further information: here

Research groups

Assigned person: Prof. Dr. Rainer Haselmann

Summary: The Center for Advanced Studies on the Foundations of Law and Finance (LawFin) is Germany’s first interdisciplinary research group in economics and law, funded by the German Research Foundation (DFG). It explores how institutional and regulatory parameters influence financial market decisions and outcomes. LawFin examines the connections between legislation, economics, and politics to measure and evaluate the impact of law as a dynamic and evolutionary system on the financial sector and the economy, informing researchers how theoretical and empirical scholarship should optimally reflect these insights. The Center focuses on green finance and regulation. Believing interdisciplinary work enhances understanding of the interdependence of law and finance, LawFin seeks to integrate the comparative strengths of involved disciplines and provides a forum for global scholars from various disciplines to collaborate.

Contact / Further information: here

Assigned person: Prof. Dr. Leo Kaas

Summary: MIIHD is the newly established DFG research unit on “Macroeconomic Implications of Intra-Household Decision Making” at the Faculty of Economics and Business composed of a core group of six researchers: Georg Dürnecker, Nicola Fuchs-Schündeln, Zainab Iftikhar, Leo Kaas (spokesperson), Chiara Lacava and Alexander Ludwig. 

Our main research goal is to enrich our understanding of intra-household decisions for macroeconomic outcomes, and how those and government policy interventions through tax and transfer programs in turn affect intra-household decisions such as household formation, labor supply, savings and fertility decisions. Our research will build on sound microeconometric data analysis and theoretical models to develop quantitative structural models with heterogeneous populations to address the three-way feedback between intra-household decisions, policy and the macroeconomy with a specific emphasis on inequality, both within and across households.

Contact / Further information: here

Current ERC Advanced & Consolidator Grants

Assigned person:  Prof. Dr. Bernd Skiera (Department of Marketing)

Summary: Cookies enable businesses to collect data on users’ online activity and to analyze them systematically. The insights gained serve, among other things, to increase revenue from online advertising. However, the collection of such information and the associated processing of the data curtails user privacy. That is why the EU restricts the use of cookies (e.g. through the General Data Protection Regulation (GDPR)). At the start of the project, very little empirical knowledge existed about the economic value that advertisers derive from cookies. As a result, political decision-makers, among other groups, can hardly judge whether the restrictions on cookies in the interest of privacy do not go hand in hand with negative effects on the profits of companies, which are also a political goal. The COOKIES project (Economic Consequences of Restrictions on the Usage of Cookies) led by Professor Bernd Skiera addresses this research gap.

Contact / Further information: here

Assigned person:  Prof'in Ph.D. Nicola Fuchs-Schündeln (Department of Money & Macroeconomics)

Contact / Further information: here

Chair of Applied Microeconomics
RuW 4.226
+49 69 798-34824