Tag: Economics

Economic Forecast: This Year’s Model May Disappoint

By Richard Whittle | Published: February 3, 2017

The value in economics lies not in some magical ability to divine the future. Tell that to the policymakers who expect their fortunes told.

Michelle Baddeley on the Herd

By Social Science Bites | Published: February 1, 2017

People tend to herd together, whether it's following the crowd or determining what news to accept. UCL economist Michelle Baddeley has studied this behavior and discusses what she's learned in this latest Social Science Bites podcast.

In This Indebted World, Austerity May Be Forever

By Mark Blyth | Published: October 20, 2016

Political economist Mark Blyth argues that in a highly indebted world, austerity – introduced as an ‘emergency’ measure to save the economy, to right the fiscal ship – has becomes a permanent state of affairs.

Posted in News | Also tagged Aeon, austerity | Leave a comment

Why Did Contract Theory Deserve a Nobel Prize?

By Hongyi Li and Anton Kolotilin | Published: October 11, 2016

As technology improves and organizations become more complex, the theory and practice of contract design will only increase in importance. As such, we owe, we owe a great debt to this year's Nobel laureates in economics for giving us powerful tools to structure effective contracts.

Posted in Impact, Recognition, Research | Also tagged Nobel Prize, The Conversation | Leave a comment

Viewing ‘Homo economicus’ Through Prism of Behavioral Economics

By Ken Fireman | Published: May 27, 2016

Behavioral economics as a practice is here to stay, suggests a new report. Whether it remains a separate discipline or is absorbed by the other social sciences remains an open question.

Behavioral Science May Hold Some Keys to Climate Change

By Nadira Faber | Published: February 29, 2016

As we are often reminded, we urgently and drastically need to limit our use of one shared resource – fossil fuels – and its effect on another – the climate. But how realistic is this goal, both for national leaders and for us? Well, psychology may hold some answers.

Posted in Public Policy | Also tagged Climate Change, Psychology, The Conversation | Leave a comment

Social Science’s Impact on Society, Circa 2065: Ian Quigg

By Social Science Space | Published: January 26, 2016

In the final installment of the 10 top essays submitted to the ESRC reflecting on how a social science-influenced world will look in 2015, we present Ian Quigg's ruminations on what capitalism will look like after another half century's buffeting by the 'perennial gale of creative destruction.'

Posted in Early Career, Impact, Recognition | Also tagged ESRC | Leave a comment

What Does Social Science Predict for the Powerball Winner?

By Jay L. Zagorsky | Published: January 13, 2016

The answer sadly, is ruin. But if you've already beaten the odds once, maybe you can do so again ...

Posted in News, Research | Also tagged Gambling, The Conversation | Leave a comment

A New Front in the Replication Wars: Economics

By Andreas Ortmann | Published: November 5, 2015

A sense of crisis is developing in economics after two Federal Reserve economists came to the alarming conclusion that economics research is usually not replicable.

Posted in Research | Also tagged Replication, The Conversation | Leave a comment

Bridge-building Economist Angus Deaton Wins Nobel

By Social Science Space | Published: October 12, 2015

The Nobel committee has awarded Princeton's Angus Deaton 'for his analysis of consumption, poverty, and welfare.' But in fact, he was awarded for building bridges – between disciplines, between theory and reality, between people.

Posted in Recognition | Also tagged Angus Deaton, Nobel Prize | Leave a comment

The Game Theorist: John Nash, 1928-2015

By Stephen Woodcock | Published: May 26, 2015

The impact of John Nash’s initial work has been immense over the past 65 years. It seems certain that in his absence, the frameworks and mathematical language he refined and developed will continue to provide new insights into a diverse range of problems.

Posted in Impact, News | Also tagged Game Theory, John Nash, Passings, The Conversation | Leave a comment

Democracy’s Statistician: Janet L. Norwood, 1923-2015

By Social Science Space | Published: April 7, 2015

Unflappable and nonpartisan, the late economist Janet Norwood blazed a path as a pioneering female statistician and bureaucrat who served multiple presidents as the commissioner of the Bureau of Labor Statistics.

Posted in Announcements, News | Also tagged BLS, Passings, Statistics | Leave a comment

Tag: Economics

Economic Forecast: This Year’s Model May Disappoint

In This Indebted World, Austerity May Be Forever

Why Did Contract Theory Deserve a Nobel Prize?

Viewing ‘Homo economicus’ Through Prism of Behavioral Economics

Behavioral Science May Hold Some Keys to Climate Change

A New Front in the Replication Wars: Economics

The Game Theorist: John Nash, 1928-2015

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