News articles tagged with "economics"

11/09/2015 08:16:30
Kimm Fesenmaier
A newly developed suite of software helps researchers analyze some of the most complex markets ever studied in the lab.
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.

09/21/2011 16:00:00
Kimm Fesenmaier

When making decisions based on multiple interdependent factors—such as what combination of stocks and bonds to invest in—humans look at how the factors correlate with each other, according to a new study by researchers from Caltech and University College London.

09/02/2011 07:00:00
Marcus Woo

The sky is gray, but you're not sure if the clouds will clear or rain will pour. Do you grab an umbrella when you go outside? Such decisions are filled with ambiguity, and we're faced with them daily. "Almost every decision has some ambiguity," says Kota Saito, an economist who develops empirical and mathematical models on how people make decisions—insight that can inform socioeconomic policy. This fall, he joins Caltech as an assistant professor and the newest faculty member of the Division of the Humanities and Social Sciences.

01/26/2011 00:00:00
Lori Oliwenstein
Caltech has announced the creation of the Ronald and Maxine Linde Institute of Economic and Management Sciences. The initiative will bring together the best scientific minds and the best quantitative business practices, permitting a distinctive and targeted educational opportunity for Caltech's students and providing cutting-edge research opportunities for Caltech's faculty.
09/07/2010 23:00:00
Lori Oliwenstein

We've all heard the predictions: e-commerce is going to be the death of traditional commerce; online shopping spells the end of the neighborhood brick-and-mortar store. While it's true that online commerce has had an impact on all types of retail stores, it's not time to bring out the wrecking ball quite yet, says a team of researchers from Caltech.


04/20/2010 07:00:00
Lori Oliwenstein

Parents pursuing adoption within the United States have strong preferences regarding the types of babies they will apply for, tending to choose non-African-American girls, and favoring babies who are close to being born as opposed to those who have already been born or who are early in gestation. These preferences are significant and can be quantified in terms of the amount of money the potential adoptive parents are willing to pay in finalizing their adoption.

02/24/2010 08:00:00
Lori Oliwenstein

The human brain is a big believer in equality—and a team of scientists from the California Institute of Technology (Caltech) and Trinity College in Dublin, Ireland, has become the first to gather the images to prove it. Specifically, the team found that the reward centers in the human brain respond more strongly when a poor person receives a financial reward than when a rich person does. 


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