Friederike Mengel (born March 27, 1979) is a German economist who is a Professor of economics at the University of Essex. [1]
Friederike Mengel earned an undergraduate degree in economics from the University of Mainz in 2003, followed by a PhD in economics from the University of Alicante in 2008, under the supervision of Fernando Vega Redondo. After her PhD, she joined Maastricht University where she was an Assistant Professor from 2008 to 2011 and an Associate Professor from 2011 to 2013. After a period at the University of Nottingham, she joined the University of Essex in 2012 where she has been a Professor since 2015. [2] In 2019 she received the Philipp Leverhulme Prize in Economics. [3]
Mengel's research areas are (evolutionary) game theory, learning, behavioral economics, social networks and experimental economics. [4] She developed a theory of learning across games, where agents might partition a set of all games into categories. Learning across games can destabilize strict Nash equilibria even for arbitrarily small reasoning costs and even if players distinguish all the games at the stable point. The model is also able to explain a number of experimental findings. [5]
Mengel has also done work on social identity and on how people learn in social networks. Her work uncovered that people pay attention to others network position when learning, but only partially and they do not update in a Bayesian way. [6] Their work with J. Kovarik and J. Romero [7] was awarded the Best Paper Award by the Econometric Society in 2019. [8]
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 experiments usually use cash to motivate subjects, in order to mimic real-world incentives. Experiments are used to help understand how and why markets and other exchange systems function as they do. Experimental economics have also expanded to understand institutions and the law.
Computational economics is an interdisciplinary research discipline that combines methods in computational science and economics to solve complex economic problems. This subject encompasses computational modeling of economic systems. Some of these areas are unique, while others established areas of economics by allowing robust data analytics and solutions of problems that would be arduous to research without computers and associated numerical methods.
The dictator game is a popular experimental instrument in social psychology and economics, a derivative of the ultimatum game. The term "game" is a misnomer because it captures a decision by a single player: to send money to another or not. Thus, the dictator has the most power and holds the preferred position in this “game.” Although the “dictator” has the most power and presents a take it or leave it offer, the game has mixed results based on different behavioral attributes. The results – where most "dictators" choose to send money – evidence the role of fairness and norms in economic behavior, and undermine the assumption of narrow self-interest when given the opportunity to maximise one's own profits.
Lars Peter Hansen is an American economist. He is the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the Booth School of Business, at the University of Chicago and a 2013 recipient of the Nobel Memorial Prize in Economics.
David Knudsen Levine is an American economist. He is the Leverhulme International Professor of Economics at Royal Holloway, University of London; Robert Schuman Center for Advanced Study Joint Chair at the European University Institute; and the John H. Biggs Distinguished Professor of Economics Emeritus at Washington University in St. Louis. He previously taught at UCLA where he held the Armen Alchian Chair in Economic Theory and twice served as Chair of the Department. His research includes the study of intellectual property and endogenous growth in dynamic general equilibrium models, the endogenous formation of preferences, social norms and institutions, learning in games, and game theory applications to experimental economics.
The Frisch Medal is an award in economics given by the Econometric Society. It is awarded every two years for empirical or theoretical applied research published in Econometrica during the previous five years. The award was named in honor of Ragnar Frisch, first co-recipient of the Nobel prize in economics and editor of Econometrica from 1933 to 1954. In the opinion of Rich Jensen, Gilbert F. Schaefer Professor of Economics and chairperson of the Department of Economics of the University of Notre Dame, "The Frisch medal is not only one of the top three prizes in the field of economics, but also the most prestigious 'best article' award in the profession". Five Frisch medal winners have also won the Nobel Prize.
Fabrizio Zilibotti is an Italian economist. He is the Tuntex Professor of International and Development Economics at Yale University. Zilibotti was previously professor of economics at University College London, the University of Zürich, and at the Institute for International Economic Studies in Stockholm.
Susan Carleton Athey is an American economist. She is the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business. Prior to joining Stanford, she has been a professor at Harvard University and the Massachusetts Institute of Technology.
Debraj Ray is an Indian-American economist, who is currently teaching and working at New York University. His research interests focus on development economics and game theory. Ray served as Co-editor of the American Economic Review between 2012 and 2020.
Xavier Vives is a Spanish economist regarded as one of the main figures in the field of industrial organization and, more broadly, microeconomics. He is currently Chaired Professor of Regulation, Competition and Public Policies, and academic director of the Public-Private Sector Research Center at IESE Business School in Barcelona.
Arunava Sen is a professor of economics at the Indian Statistical Institute. He works on Game Theory, Social Choice Theory, Mechanism Design, Voting and Auctions.
Oriana Bandiera, FBA is an Italian development economist and academic, who is currently the Sir Anthony Atkinson Professor of Economics at the London School of Economics. Her research focuses on development, labour, and organisational economics. Outside of her academic appointment, she is co-editor of Econometrica, and an affiliate of the Centre for Economic Policy Research and Bureau for Research and Economic Analysis of Development. A fellow of the Econometric Society and the British Academy, she received the Yrjö Jahnsson Award in 2019, an award granted annually to the best European economist(s) under the age of 45.
Urs Fischbacher is a Swiss economist and professor of applied economic research at the University of Konstanz. He is director of the Thurgau Economic Institute, an affiliated institute of the University of Konstanz. He pioneered the field of software tools for experimental economics.
Margaret E. Slade is Professor Emeritus at the Vancouver School of Economics at the University of British Columbia and was a council member of the Royal Economic Society from 2004 to 2008. Slade is best known for her work on Industrial Economics, serving as the President of the European Association for Research in Industrial Economics (EARIE) from 2001 to 2003.
Eleonora Patacchini is an economist specializing in applied economics and applied statistics who grew up in Italy with her mother who was also a professor. She is a professor and associate department chair at Cornell University in the Department of Economics. Her research focuses on the empirical analysis of behavioral models of strategic interactions for decision making. Patacchini is an associate editor at Journal of Urban Economics and Statistical Methods & Applications. She is a columnist at the VOX CEPR Policy Portal where research-based policy analysis and commentary from leading economists are published frequently. She is also a co-editor of E-journal Economics and associate editor of the Journal of Urban Economics.
Susanne Maria Schennach is an economist and professor at Brown University. She is an econometrician whose work focuses on measurement error.
Jun Yu is an econometrician. He is the University of Macau Development Foundation (UMDF) Chair Professor of Finance and Economics and the Dean of Faculty of Business Administration at University of Macau. He has previously taught at Singapore Management University and University of Auckland.
Vincent P. Crawford is an American economist. He is a senior research fellow at the University of Oxford, following his tenure as Drummond Professor of Political Economy from 2010 to 2020. He is also research professor at the University of California, San Diego.
Yingyao Hu 胡颖尧 is a Chinese American economist, the Krieger-Eisenhower professor of economics, and currently Vice Dean for Social Sciences, Krieger School of Arts & Sciences, Johns Hopkins University.
Maarten Christiaan Wilhelmus Janssen is a Dutch economist and university professor of microeconomics at the University of Vienna. He is particularly known for his work on consumer search behavior and auction theory.