On Monday, 20 November, 2017 Prof. Christopher Sims of Princeton University, Nobel Laureate, and member of CERGE-EI’s Executive and Supervisory Committee (ESC), was awarded an honorary doctorate by Charles University.
Mariola Pytliková is another new member of the CERGE-EI faculty, joining us as both Assistant Professor and Researcher. In addition to CERGE-EI, she is also active at the VSB Technical University in Ostrava, which is close to the Beskydy mountains, where she currently lives.
This year, CERGE-EI welcomed five new faculty members, which ranks among the most important hiring successes in CERGE-EI’s history for faculty expansion. One of them is Andreas Menzel, whose arrival marks an enrichment of the existing circle of CERGE-EI microeconomists.
This year, CERGE-EI welcomed five new faculty members, which ranks among the most important hiring successes in CERGE-EI’s history for faculty expansion.
Two of them – Stanislav Anatolyev (see the Blog entry) and Veronika Selezneva — are linked with Moscow´s New Economic School (NES). At CERGE-EI this academic year, Veronika will be teaching macroeconomics.
This year, CERGE-EI welcomed 5 new faculty members, which ranks among the most important hiring successes in CERGE-EI’s history for faculty expansion.
One of them is Stanislav Anatolyev who came to CERGE-EI with the position of full tenured professor from Moscow´s New Economic School (NES). At CERGE-EI, he will be teaching econometrics, which is his principal field of interest in teaching as well as in research.
19 of the 22 students on the MA in Applied Economics program gathered at CERGE-EI one week before the new academic year officially began to take part in the Discovery Week. The principal goal of this event was to provide fresh ideas to an organization working with marginalized communities – such as prisoners – who weave hammocks for public spaces.
Jan Kmenta started and finished his life in Prague.
Still, his life was everything but provincial – shortly before his final days, in one interview he confessed: I spend one third of each year in Australia, one third in Michigan and one third in Prague. I am very lucky.
In July 2016, Jakub Steiner, CERGE-EI Associate Professor, published an article called “Perceiving Prospects Properly,” co-authored with Colin Stewart, in the American Economic Review. Subsequently, Tim Hyde wrote a short article introducing the main points of the paper, which can be enjoyed below. Continue reading Can it be rational to overweight very unlikely events?
Observers of the recent Greek referendum, the vote on Scottish independence or the U.S. presidential campaign know that voters often vote based on their emotions rather than on rational thinking. I suggest that this is in large part because professional economists are failing to serve the public well. And as economists, if we want rational outcomes, then we need to redouble our efforts to build economic literacy.
America’s national cynic, H. L. Mencken once said, “When a candidate for public office faces the voters he does not face men of sense; he faces a mob of men whose chief distinguishing mark is the fact that they are quite incapable of weighing ideas…men whose whole thinking is done in terms of emotion.”
It’s easy to be cynical about democracy, but economists may have a different take on why voters largely vote with their emotions instead of their intellect. It is not that voters can’t or don’t want to make sensible policy choices – rather, it is that they have little incentive to do so. Continue reading Stupid Voters or Stupid Economists?
Are you charged up by change? Do you thrive on uncertainty? Are you turned on by the quirky? Answer yes to all of the above and you might want to delve deeper into the field of energy economics. And with energy security fast becoming a priority on national agendas, there are increasing career opportunities for economists with specialized energy expertise. Continue reading Energy economics: on bread, yetis and Utopia