The Max Planck Institute of Economics, founded in 1993 as Max Planck Institute for Research into Economic Systems with the intention to research the transition of the former socialist economic systems, now conducts research on a broad set of problems relating to change in modern economies more generally, experimental economics, and entrepreneurial studies. It is organized into three research units. Evolutionary Economics Group (director: Ulrich Witt), the Strategic Interaction Group (director: Werner Güth) and the Entrepreneurship, Growth and Public Policy Group (director: David B. Audretsch - director until August 31, 2009).
The Scientific Advisory Board of the institute is made up of Richard Day - Los Angeles (chair); Simon Gächter - Nottingham, Jean Luc Gaffard - Sophia Antipolis-Nice, Steven Klepper - Pittsburgh, Franco Malerba - Milano, Stanley Metcalfe - Manchester, Luigi Mittone - Trento, Bart Nooteboom - Tilburg, Arno Riedl - Maastricht, J. Barkley Rosser Jr. - Harrisonburg, Marie-Claire Villeval - Lyon.
The institute is part of the Max Planck Society for the Advancement of Science, Germany's largest research organization. The Max Planck Society employs over 4,400 researchers in some 80 institutes in both the sciences and the humanities.
Location
The Max Planck Institute is located in Jena, a midsize town located halfway in between Berlin and Munich and halfway in between Frankfurt and Dresden.
Situated above the banks of the Saale river in a beautiful garden, the institute features state-of-the-art office and seminar facilities, as well as accommodation for visiting scholars. The institute's library holds some 25.000 volumes and has subscriptions to some 200 periodicals, including all major economic journals.
Some impressions about the institute.
Contact Addresses and Imprint
Information for Guests and Visitors
- Access by aircraft
(airport connections to the institute) - Access by train
(city map and directions to the institute) - Access by car
(major roads to Jena and directions to the institute)


![[Campus Overview]](/bilder/institute/map.jpg)