SUMMER INSTITUTE IN BEHAVIORAL ECONOMICS

 

Cambridge, MA – July 6 to July 17, 2022

Sponsored by the Russell Sage Foundation

From the evening of Wednesday, July 6 to the morning of July 17, 2022, the Russell Sage Foundation will sponsor the fourteenth Summer Institute in Behavioral Economics, to be held in Cambridge, Massachusetts. The purpose of this workshop is to introduce graduate students and beginning faculty in economics to the findings and methods for using psychological principles to improve economic research. Candidates in other disciplines—such as psychology, business administration, or public policy—with advanced training in formal economics are also eligible.

The co-organizers and principal faculty are David Laibson and Matthew Rabin, who will be in attendance for the full program. Visiting faculty include Raj Chetty, Stefano DellaVigna, George Loewenstein, Ulrike Malmendier, Frank Schilbach, Stefanie Stantcheva, Richard Thaler, and Lise Vesterlund. The program will include sessions (with broad overviews as well as examples of recent research) outlining foundational principles and evidence; approaches to integrating these principles into economics; and applications in different economic contexts. There will also be abundant opportunities for informal discussions, and for participants to discuss their own research ideas with the organizers, visiting faculty, and other participants. (Programs of recent summer institutes can be found at http://scholar.harvard.edu/laibson/node/31619.)

Participation is (firmly) restricted to Ph.D. students who by July 2022 will have completed at least one year of their program, and (in part to accommodate those affected by the cancellation of the previous program) faculty and postdocs who earned a Ph.D. since January 2020.

Housing costs and all meals served as part of the program (breakfasts, snacks between sessions, and almost all lunches and dinners) will be covered. We also offer a stipend for travel expenses, but the stipend will be capped at a level that is unlikely to cover full costs for most participants. (Those admitted for whom unavoidable travel costs would generate financial hardship should let us know.) Twenty-five to thirty participants will be invited. Participants will be required to complete some assigned readings in advance, and to fully attend the entire program from the morning of July 7 through the afternoon of July 16th.

There are no application instructions beyond this announcement. Applications must be submitted via the RSF online application portal, Fluxx. Instructions: 1. Create an account or log in to your existing account. (Allow up to 48 hours for a new account to be approved; please register by Tuesday, April 26.) 2. Start a new “Summer Institute” application and select “Behavioral Economics”. 3. Submit the following documents: (i) a cv, (ii) a statement (maximum three pages) describing your interest in behavioral economics and (if any) relevant research, (iii) PhD transcripts of courses and grades (unofficial copy), and (iv) two letters of recommendation from faculty advisors (submitted separately via the Fluxx portal). Note: We anticipate a large pool of highly qualified applicants and to make admission decisions quickly, so applications and letters must be received by the deadline; letters can be brief, but as informative as possible about your standing in the program (e.g., approximate rank in your doctoral class, comparisons to previous participants), research potential, and (if applicable) involvement in behavioral economics. Complete applications, including letters of recommendation, must be submitted by Friday, April 29, and we will notify applicants by Friday, May 6, and will ask participants to confirm participation soon thereafter. Inquiries can be sent to RSF.Summer.School@gmail.com. Because this deadline is late, anybody who needs information before May 6 can (after submitting their application) send such a request with an explanation to this address; we will try to accommodate such requests, while providing full consideration of all applications submitted by the deadline. Technical questions about the application portal (Fluxx) can be sent to grantsmgt@rsage.org.