Economic Policy, Leibniz Institute for Financial Research SAFE, Frankfurt; University of Frankfurt am Main

Many consumers are aware that their consumption habits influence markets and have an environmental impact – yet they do not believe their actions can help resolve the global environmental crisis. Behavioural economist Peter Andre investigates this issue by exploring how people think about economic interdependencies and what beliefs they hold about other market participants. 

Alongside climate change, his work also addresses other key economic challenges such as inflation and inequality. His methods include not just cross-national surveys but also economic models and innovative experiments. Peter Andre’s aim is to gain a deeper understanding of human behaviour in economic contexts. This research may also have practical implications – if consumer confidence in the impact of their actions could be strengthened, for example, this could make an important contribution to tackling current crises.

Further Information

• Research Funding > Programmes > Heinz Maier-Leibnitz Prize(interner Link)
• Overview of all prizewinners(interner Link)