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Behavioral Economics

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Doctoral Dissertation Research in Economics: Belief Formation and Choice in Games: An Experiment

Much of economic analysis is based on the idea that economic agents respond to incentives and that they will increase their effort to understand the consequences of their actions in order to make the right decisions. This research project will use laboratory experiments to test whether increasing the size of reward or punishment (stakes henceforth) while considering how others will react affect the effort one puts into studying the environment before s/he makes the decision. The research will answer the following questions: (i) does the size of stakes affect people?s choices and beliefs?

Imprecise Inference from Sequentially Presented Evidence

Understanding how people make decisions is crucial to advancing our understanding of economic mechanisms. Rational-choice theory, despite successes in accounting for some aspects of human decision making under uncertainty, fails to capture certain recurrent patterns observed in behavior, such as biases and apparent randomness in choices. Some of these deviations from optimal behavior suggest that information is processed in the brain in a way that introduces imprecision, similar to the imprecision in sensory perception.

Small Grants in Computational Social Science (CSS)

RSF’s initiative on Computational Social Science supports innovative social science research that utilizes new data and methods to advance our understanding of the research issues that comprise its core social science programs in Social Inequality, Behavioral Economics, Future of Work, and Race, Ethnicity and Immigration. Limited consideration will be given to research that focuses primarily on methodologies, such as causal inference and innovations in data collection.

Deadline: 

Tuesday, March 17, 2020

Behavioral Economics

The Russell Sage Foundation's program on Behavioral Economics supports novel research that uses insights and methods from psychology, economics, sociology, political science and other social sciences to examine and improve social and living conditions in the United States. We seek investigator-initiated research proposals that will broaden our understanding of the social, economic and political consequences of actual behaviors and decisions.
*NOTE: The May 2020 deadline will have a special focus on the coronavirus.*

Deadline: 

Wednesday, August 5, 2020

Economic Institutions, Behavior, & Performance

Projects in this sub-program study households and individuals, specifically the role of “choice architecture” on their economic decision-making. Research topics include:risk-taking and insurance markets; time inconsistencies and the annuity paradox; cognitive biases; behavioral applications to policy; experimental testing of nudges or other regulatory interventions; behavioral welfare economics; obfuscated markets; consumer finance; probabilities and perceptions of extreme events; behavioral foundations and heterogeneous agents in macroeconomics; etc.

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