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John A. List
John August List (born September 25, 1968) is an American economist known for his work in establishing field experiments as a tool in empirical economic analysis. Since 2016, he has served as the Kenneth C. Griffin Distinguished Service Professor of Economics at the University of Chicago, where he was Chairman of the Department of Economics from 2012 to 2018. Since 2016, he has also served as Visiting Robert F. Hartsook Chair in Fundraising at the Lilly Family School of Philanthropy at Indiana University. In 2011, List was elected to the American Academy of Arts and Sciences, and in 2011, he was elected a Fellow of the Econometric Society. In 2024, Omicron Delta Epsilon, the international honor society for economics, gave List the biennial John R. Commons Award. List is noted for his pioneering contributions to field experimentation in economics, with Nobel laureate economist George Akerlof and noted law professor Cass Sunstein writing that "List has done more than anyone els ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madison, Wisconsin
Madison is the List of capitals in the United States, capital city of the U.S. state of Wisconsin. It is the List of municipalities in Wisconsin by population, second-most populous city in the state, with a population of 269,840 at the 2020 United States census, 2020 census. The Madison metropolitan area had 680,796 residents. Centrally located on an isthmus between Lakes Lake Mendota, Mendota and Lake Monona, Monona, the vicinity also encompass Lakes Lake Wingra, Wingra, Lake Kegonsa, Kegonsa and Lake Waubesa, Waubesa. Madison was founded in 1836 and is named after American Founding Fathers of the United States, Founding Father and President James Madison. It is the county seat of Dane County. As the state capital, Madison is home to government chambers including the Wisconsin State Capitol building. It is also home to the University of Wisconsin–Madison, the flagship campus of the University of Wisconsin System. Major companies in the area include American Family Insurance, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Academy Of Arts And Sciences
The American Academy of Arts and Sciences (The Academy) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and other Founding Fathers of the United States. It is headquartered in Cambridge, Massachusetts. Membership in the academy is achieved through a nominating petition, review, and election process. The academy's quarterly journal, '' Dædalus'', is published by the MIT Press on behalf of the academy, and has been open-access since January 2021. The academy also conducts multidisciplinary public policy research. Laurie L. Patton has served as President of the Academy since January 2025. History The Academy was established by the Massachusetts legislature on May 4, 1780, charted in order "to cultivate every art and science which may tend to advance the interest, honor, dignity, and happiness of a free, independent, and virtuous people." The sixty-tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Policy
Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and problematic social issues, guided by a conception and often implemented by programs. These policies govern and include various aspects of life such as education, health care, employment, finance, economics, transportation, and all over elements of society. The implementation of public policy is known as public administration. Public policy can be considered the sum of a government's direct and indirect activities and has been conceptualized in a variety of ways. They are created and/or enacted on behalf of the public, typically by a government. Sometimes they are made by Non-state actors or are made in co-production with communities or citizens, which can include potential experts, scientists, engineers and stakeholders or scientific data, or sometimes use some of their results. They are typically made by policy-makers af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental Economics
Environmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming." Environmental Versus Ecological Economics Environmental economics is distinguished from ecological economics in that ecological economics emphasizes the economy as a subsystem of the ecosystem with its focus upon preserving natural capital. While environmental economics focuses on human preferences, by trying to balance protecting natural resources with people's needs for products and services. Due to these differences it can be seen that ecologi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prospect Theory
Prospect theory is a theory of behavioral economics, judgment and decision making that was developed by Daniel Kahneman and Amos Tversky in 1979. The theory was cited in the decision to award Kahneman the 2002 Nobel Memorial Prize in Economics. Based on results from controlled studies, it describes how individuals assess their loss and gain perspectives in an asymmetric manner (see loss aversion). For example, for some individuals, the pain from losing $1,000 could only be compensated by the pleasure of earning $2,000. Thus, contrary to the expected utility theory (which models the decision that perfectly rational agents would make), prospect theory aims to describe the actual behavior of people. In the original formulation of the theory, the term ''prospect'' referred to the predictable results of a lottery. However, prospect theory can also be applied to the prediction of other forms of behaviors and decisions. Prospect theory challenges the expected utility theory deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uri Gneezy
Uri Hezkia Gneezy (Hebrew language, Hebrew: אורי גניזי; born June 6, 1967) is an Israeli-American behavioral economist, known for his work on incentives. He currently holds the Epstein/Atkinson Endowed Chair in Behavioral Economics at the University of California, San Diego's Rady School of Management. He is also a visiting research professor at the University of Amsterdam and Norwegian School of Economics, NHH in Bergen. Education and career Before joining the Rady School, Gneezy was a faculty member at the University of Chicago, Technion – Israel Institute of Technology, and Haifa University. He obtained his Bachelor of Arts, BA degree Latin honors, with honors in economics from Tel Aviv University, and his Master of Arts, MA and Doctor of Philosophy, PhD in economics in 1997 from the Center for Economic Research at Tilburg University in the Netherlands. Gneezy's research focuses on using both lab and field experiments to study how people react to incentives. He is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Why Axis
''The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life'' () is a 2013 book by economists John A. List and Uri Gneezy. The book explores the underlying motivations behind common human behavior, using economics to uncover the reason behind our everyday decisions. This book aims to use experimental economics Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic expe ... in order to answer common questions in everyday life. References 2013 books 2013 non-fiction books Economics books PublicAffairs books {{Econ-book-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Popular Science
Popular science (also called pop-science or popsci) is an interpretation of science intended for a general audience. While science journalism focuses on recent scientific developments, popular science is more broad ranging. It may be written by professional science journalists or by scientists themselves. It is presented in many forms, including books, film and television documentaries, magazine articles, and web pages. History Before the modern specialization and professionalization of science, there was often little distinction between "science" and "popular science", and works intended to share scientific knowledge with a general reader existed as far back as Greek and Roman antiquity. Without these popular works, much of the scientific knowledge of the era might have been lost. For example, none of the original works of the Greek astronomer Eudoxus (4th century BC) have survived, but his contributions were largely preserved due to the didactic poem '' Phenomena'' writte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cass Sunstein
Cass Robert Sunstein (born September 21, 1954) is an American legal scholar known for his work in U.S. constitutional law, administrative law, environmental law, and behavioral economics. He is also ''The New York Times'' best-selling author of ''The World According to Star Wars'' (2016) and ''Nudge'' (2008). He was the administrator of the White House Office of Information and Regulatory Affairs in the Obama administration from 2009 to 2012. Sunstein serves as the Robert Walmsley University Professor at Harvard Law School. He was previously a professor at the University of Chicago Law School from 1981 to 2008. In 2014, studies of legal publications found Sunstein to be the most frequently cited American legal scholar by a wide margin.{{Nudge Theory Early life and education Sunstein was born on September 21, 1954, in Waban, Massachusetts, to Marian (née Goodrich), a teacher, and Cass Richard Sunstein, a builder, both Jewish. He has said that as a teenager, he was briefly inf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Akerlof
George Arthur Akerlof (born June 17, 1940) is an American economist and a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley. Akerlof was awarded the 2001 Nobel Memorial Prize in Economic Sciences, jointly with Michael Spence and Joseph Stiglitz, "for their analyses of markets with asymmetric information." He is the husband of former United States Secretary of the Treasury Janet Yellen. Early life and education Akerlof was born in New Haven, Connecticut, on June 17, 1940, into a Jewish family. His mother was Rosalie Clara Grubber (née Hirschfelder), a housewife of History of the Jews in Germany, German Jewish descent, and his father was Gösta Carl Åkerlöf, a chemist and inventor, who was a Swedish Americans, Swedish immigrant. "The Princeton Country Day School ended at grade nine. At that point most of my classmates dispersed among different New England prep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Field Experiments
Field experiments are experiments carried out outside of laboratory settings. They randomization, randomly assign subjects (or other sampling units) to either treatment or control groups to test claims of causality, causal relationships. Random assignment helps establish the comparability of the treatment and control group so that any differences between them that emerge after the treatment has been administered plausibly reflect the influence of the treatment rather than pre-existing differences between the groups. The distinguishing characteristics of field experiments are that they are conducted in real-world settings and often unobtrusively and control not only the subject pool but selection and overtness, as defined by leaders such as John A. List. This is in contrast to laboratory experiments, which enforce scientific control by testing a hypothesis in the artificial and highly controlled setting of a laboratory. Field experiments have some contextual differences as well ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
