National University of Singapore, July 18 to 29, 2011

From July 18 to 29, 2011, the National University of Singapore will sponsor the 2nd Asia Summer Institute in Behavioral Economics, to be held at the National University of Singapore, a leading global university centered in Asia. The purpose of this summer institute is to introduce graduate students and beginning faculty in economics, business, and related disciplines to the findings and methods of behavioral economics. Behavioral economics is the application of psychological theory and research to economics. The program schedule will include 3 daily sessions.  Students will be introduced to the psychological foundations of various economic topics, including decision-making under risk and uncertainty, misprediction of behavior, biases in judgment, limited self-control, and social preferences. These concepts will be applied to topics such as consumption, savings behavior, household finance, macroeconomics, and welfare economics. Additional sessions will explore foundations, experimental approaches, and evidence in behavioral game theory.

The co-organizers of the Summer Institute are Soo Hong Chew, Teck-Hua Ho, Matthew Rabin, and Yeneng Sun (Coordinator). The teaching faculty will be:

  • Vince Crawford, Drummond Professor of Political Economy and Fellow of All Souls College, University of Oxford.
  • David Laibson, Robert I. Goldman Professor of Economics, Harvard University.
  • Matthew Rabin, Edward G. and Nancy S. Jordan Professor of Economics, Department of Economics, University of California, Berkeley.

The Summer Institute is intended for Economics and Business Ph.D. students who by July 2011 will have completed at least two years of their graduate program, and faculty in economics and business who by July 2011 are less than 3 years after their doctoral degree. Other graduate students with a good background in behavioral economics can also apply. Candidates in other disciplines (e.g., psychology, political science, and law) who have a strong interest and advanced training in formal economics are also encouraged to apply. While the intention is to introduce behavioral economics to scholars studying in Asia, applications will be considered from anywhere.

Selected participants will cover their own travel expenses. The National University of Singapore will cover most participant costs during the conference, including hostel housing and some meals. About thirty participants will be invited. Participants will be required to complete some assigned readings in advance of the conference and to attend the entire program. The program schedule is attached. To apply, send a curriculum vita, a statement (maximum three pages) describing both your current research and your interest in behavioral economics, and two letters of recommendation from faculty advisors. Letters of recommendation should be as informative as possible about your standing in the program, general ability, research potential, and (if applicable) special interest in behavioral economics. All applications must include a mailing address. We only accept e-mail applications; please send your applications and letters in PDF format to nusbesi@nus.edu.sg and with the email subject titled as NUS – Behavioral Economics Summer Institute.

We anticipate a large pool of highly qualified applicants. Applications and letters must be received by the deadline. Complete applications, including letters of recommendation, must be received by Friday, April 1, 2011. We plan to notify applicants by e-mail by the end of April 2011, and ask participants to confirm their participation soon thereafter. Please direct all inquiries to nusbesi@nus.edu.sg.