Risk, Time and Society: The Behavioural Economics of Value
The Leverhulme Trust Award has been granted to a team of economists and psychologists in the Behavioural Science group of WBS and in the Department of Psychology to undertake a programme of work to understand how humans arrive at valuations of goods and services in the present and in the future.
Methods
- Lab-based Experimental Economics
- Online surveys
Research Quetsions
- How do people evaluate alternatives involving risk and uncertainty?
- How do people make trade-offs between present and future?
- How do individuals' attitudes to time and risk and other social objectives feed into social policy?
People
Graham Loomes | Nick Chater | Daniel Read | Neil Stewart (Psychology) |
Principal Investigator | Co-investigator | Co-investigator | Co-investigator |
Rebecca McDonald | Lukasz Walasek | Zhihua Li | |
Research Fellow | Research Fellow | Research Fellow |
This project is funded by the EPSRC, as part of the Global Research Priorities: Behavioural Science programme.