ECONtribute: Markets & Public Policy is a proposed Cluster of Excellence in the Excellence Strategy, jointly initiated by the universities of Bonn and Cologne. The goal of the Cluster is to establish a new paradigm for the analysis of market failures and public policy, taking into account recent advancements in economic theory and behavioral economics. If the Cluster proposal is successful, all research activities will be organized under the roof of the RSI. A network will be established to promote two-way knowledge exchange between researchers and policymakers.