The team at the Chair of Institutional Economics and Health Policy

Department of Philosophy, Politics and Economics

Chair of Institutional Economics and Health Policy

Institutional Economics in the Healthcare System: Shaping Incentives and Developing Reforms

Institutional economics is a relatively new branch of Economics that examines the impact and design of incentive systems. The fundamental theories here are principal-agent theory and transaction cost economics. These theories are also particularly well suited to examining interactions between service providers, funding bodies and patients within the healthcare system.

The staff at the Chair offer courses on these institutional economics topics. In our research, we use these theories to justify the need for reform in the German healthcare system and to develop proposals for reforms, such as the sustainable financing of healthcare expenditure.

Furthermore, in recent years, in collaboration with the Vestische Kinder- und Jugendklinik in Datteln, a third-party-funded research specialisation has developed in the field of the economic evaluation of new forms of care in paediatrics. The aim here is to use methods from health care economics to examine the costs of new forms of care in relation to their effectiveness.

News

Chair holder

Portrait photo of Prof Dr Dirk Sauerland

Univ.-Prof. Dr.

Dirk Sauerland , MHE

Chair holder

Faculty of Management, Economics and Society (Department of Philosophy, Politics and Economics)  |  Chair of Institutional Economics and Health Policy

Alfred-Herrhausen-Straße 50
58455 Witten

Room number: 1.223

Current research projects

The department is currently carrying out evaluations of health care economics for the following projects. These are funded by the Innovation Fund of the Joint Federal Committee.

Completed research projects

Publications

Teaching

The aim of our courses is to provide students with an in-depth understanding of how institutions function in various areas of politics and economics. Furthermore, we aim to stimulate their interest in engaging intensively, both theoretically and empirically, with relevant research topics in Economics.

Teaching is interactive and closely linked to real-world problems. For the elective modules, we invite practitioners to Witten to take part in the courses or involve them through field trips, for example to the Bundesbank or the Federal Cartel Office.

Teaching on the Bachelor’s degree programme

Teaching on the Master’s programme

Teaching on other degree programmes

Chair awarded by WiWi-Online

The Chair of Institutional Economics and Health Policy has already produced two winners in previous rounds of WiWi-Online’s WiWi-Talents programme and is being recognised for its outstanding support of young talent.

WiWi-Online is one of the leading providers of economic information for students, lecturers, universities and businesses; the WiWi-Talents programme promotes networking between students of economics and related departments and businesses.

wiwi Talents seal

Team at the Chair of Institutional Economics and Health Policy