News articles tagged with "economics"

07/07/2014 12:00:03
Kimm Fesenmaier
Investment magnate Warren Buffett has famously suggested that investors should try to "be fearful when others are greedy and greedy only when others are fearful." That turns out to be excellent advice, according to the results of a new study.
01/13/2014 10:38:05
Douglas Smith
Jean Ensminger, Caltech's Edie and Lew Wasserman Professor of Social Sciences, is studying a corruption network linked to aid money, using interviews and quantitative analytical methods to follow the money disbursed by a large World Bank project in Africa.
12/27/2013 10:21:27
Cynthia Eller
Subjects were asked to observe the shifting value of a hypothetical financial asset and make predictions about whether it would go up or down, while simultaneously interacting with an "expert" who was also making predictions.
09/18/2013 09:02:05
Kimm Fesenmaier
New neuroeconomic research at Caltech has found that the financial investors most likely to take a risk and fuel bubble markets are those with good "theory of mind" skills—those who are good at "putting themselves in others' shoes."
07/01/2013 12:00:04
Marcus Woo
Economists argue that the dominant players in a market almost always make well-informed and objective decisions. Psychologists, on the other hand, say that markets are not immune from human irrationality. Now, a new analysis shows that markets are indeed susceptible to psychological phenomena.
01/26/2013 18:47:21
Douglas Smith
Getting married and moving out of your parents' house may be key to your personal economic development, but are marriage patterns key to an entire society's development as well? Professor of Social Science History Tracy Dennison tells us what love's got to do with it at 8:00 p.m. on Wednesday, January 30, 2013, in Caltech's Beckman Auditorium. Admission is free.
01/14/2013 18:03:33
Marcus Woo
When offered spinach or a cookie, how do you decide which to eat? Do you go for the healthy choice or the tasty one? To study the science of decision making, researchers in the lab of Caltech neuroeconomist Antonio Rangel analyze what happens inside people's brains as they choose between various kinds of food. The researchers typically use functional magnetic resonance imaging (fMRI) to measure the changes in oxygen flow through the brain; these changes serve as proxies for spikes or dips in brain activity. Recently, however, investigators have started using a new technique that may better tease out how you choose between the spinach or the cookie—a decision that's often made in a fraction of a second.
10/16/2012 16:04:09
Michael Rogers
Erik Snowberg, a Caltech professor of economics and political science, is an expert on the relationship between economics and politics. With the U.S. presidential election just about a month away, he recently answered a few questions about the presidential race.
06/01/2012 07:00:00
Marcus Woo

Medicare's new method for buying medical supplies and equipment—everything from wheelchairs and hospital beds to insulin shots and oxygen tanks—is doomed to face severe difficulties, according to a new study by Caltech researchers.

03/23/2012 07:00:00
Marcus Woo

Chris Shannon, the Richard Merkin Professor of Economics and Mathematics, is one of Caltech's newest faculty members. Her research involves developing mathematical models to understand financial markets and other mechanisms that allocate goods, such as auctions.

11/08/2011 08:00:00
Kimm Fesenmaier

Katrina Ligett, a new assistant professor of computer science and economics, is fascinated by problems that involve a conflict or tension between individual incentives and more global objectives. She uses ideas from computer science and mathematics to approach problems of algorithmic game theory.

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