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.

Credibility in Persuasion

This award funds research in economic theory. The research team seeks to use tools from game theory to model and analyze situations in which persuasion, credibility, and information design are important. In many different kinds of economic (and social) interactions, one or more parties provides information to others, but also has an interest in the outcome. For example, a firm marketing a new product provides information about the product's features and benefits to possible buyers, but obviously the firm also wants to make the sale.

Exploratory Research Grants

The Private Enterprise Development in Low-Income Countries (PEDL) programme pursues a research agenda that aims to better understand what determines the strength of market forces driving efficiency in Low-Income Countries (LICs). Existing research suggests that the private sector in LICs faces a multitude of constraints that act upon each other. What is needed is research that allows us to understand how these constraints interact.

Deadline: 

Wednesday, July 31, 2019

Doctoral Dissertation Research in Economics: Do Identity Concerns Affect Labor Supply?

A sense of identity can be a powerful influence over behavior, including work. Workers who identify themselves as belonging to one group may regard a job associated with a different group as a violation of their identity, especially if the job is associated with a group perceived to have lower social status. This identity channel may partly explain why some groups are over- or under-represented in some occupations. The identity-related mis-representation of groups in occupations leads to a misallocation of talent and cause economic inefficiency.

Small & Growing Business Evidence Fund

The SGB Evidence Fund aims to address knowledge gaps in the small and growing business sector by commissioning high-quality, practitioner-researcher co-generated research projects that yield insight into what works to stimulate the growth of SGBs through improvements in firm productivity and performance, as well as build evidence on the economic and social impacts of SGB growth.

Deadline: 

Friday, October 18, 2019

Joyce Grants

Their program areas are Culture, Democracy, Education & Economic Mobility, Environment, and Gun Violence Prevention & Justice Reform. They concentrate on initiatives that have an impact across the region and/or within the states of Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin.

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