Founded in 1868, the Technical University of Munich (TUM) is one of Europe’s top universities. It is committed to excellence in research and teaching, interdisciplinary education and the active promotion of promising young scientists. The university also forges strong links with companies and scientific institutions across the world. TUM was one of the first universities in Germany to be named a University of Excellence. It regularly ranks among the best European universities in international rankings. TUM is organized in 15 departments, which provide an excellent environment for research and for the education of 41,375 students. The university has a total budget of EUR 1,451 mio. The partner in the present project, the Chair Group of Agricultural Production and Resource Economics, is from the TUM School of Management’s Department of Economics and Policy which has strong links to the TUM School of Life Sciences Weihenstephan. The latter faculty is characterized by the interdisciplinary synergies amongst all fields of the life science, which enables the exploration of the entire life cycle of foodstuffs and raw materials. The Chair Group of Agricultural Production and Resource Economics (http://pur.wzw.tum.de/) with its around 30 researchers focuses on the following research areas: agri-environmental behaviour and scheme effects, productivity and efficiency of farming operations both at farm and sectoral level, factors for technology adoption and diffusion, implications of various forms of risk for farm management and development, effects of food supply chain developments on farms’ operations, challenges and opportunities from biotechnological innovations, bioeconomic modelling and the analysis of sustainable resource uses, implications of climate change for agricultural production and resource use, food security in developing areas and the contribution of farming to rural development. Two major pillars guide the chair’s empirical research work: Sound conceptual framing based on microeconomic theories and a mainly quantitative focus with respect to methodology using state-of-the-art tools.
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