PhD in Methods and Models for Economic Decisions

Program Duration

36 Months

Application Deadline

Type

Phd programs

Funding Options

6 Fellowships (€15,350 gross/year; fellowship can be increased by 50% when student visits foreign universities & institutions)

Topic and goals

A significant part of economic analysis focuses on decision-making processes. Consumers and producers, workers and firms, banks and managers, households and policy makers continuously make decisions which are economically relevant. Economists are interested in understanding, predicting or modifying the processes underlying these decisions.

The analysis of decisions relies on methods and models that differ significantly across various fields of economic research. For instance, classical decision theory is largely based on abstract mathematical models, while more recent research in behavioral decision theory often relies on experimental methods. Econometric tools are used to investigate the determinants of specific decisions, such as those concerning labor, transports, or health. Computational methods are used to simulate how artificial agents interact, and to investigate the economic effects of their interaction.

The PhD program in Methods and Models for Economic Decisions trains young researchers to master the variety of theoretical and applied approaches that are used in economics for analyzing decision-making processes.

Faculty

The PhD Board includes faculty members of Insubria University as well as faculty members of other Italian and foreign universities. See the PhD webpage for the complete faculty list.

Organization

In the first year of the program, students attend compulsory courses where they acquire a broad set of research skills in theoretical and data analysis, that allow them to tackle the complex phenomena related to decision making. Courses focus on three main areas of research: (i) the economic theory of decision making, in the mainstream as well as behavioral version; (ii) econometric techniques to analyze economic decisions recorded either in the laboratory or in the field; (iii) the study of economic indicators of risk and inequality associated with the outcome of collective choices. See the PhD webpage for the complete list of courses.

The second and third years are entirely dedicated to research. Students work on their research papers and are expected to attend seminars and other training events held at the Department of Economics. In addition, students are strongly encouraged to spend part of the second and third years in foreign universities and research institutions to gain international experience.

PhD dissertation: The dissertation is usually made of three research papers and is delivered at the end of the third year.

More Information

Program Duration

36 Months

Application Deadline

Type

Phd programs

Funding Options

6 Fellowships (€15,350 gross/year; fellowship can be increased by 50% when student visits foreign universities & institutions)

Via%20Monte%20Generoso%2071%2C%2C%20Varese%2C%20Italy

Via Monte Generoso 71,

Varese , Italy