The National Science Foundation Division of Social and Economic Science awarded a $245,721 Project Grant to the Massachusetts Institute of Technology for collaborative research titled "Information and Markets." The three-year award runs from August 1, 2021 through July 31, 2024 under the Social, Behavioral, and Economic Sciences program (CFDA 47.075). The funding will support research examining how information impacts markets. The Social, Behavioral, and Economic Sciences program...
This $272,750 Project Grant award from the National Science Foundation's (NSF) Social, Behavioral, and Economic Sciences (CFDA 47.075) program supports fundamental research at the Massachusetts Institute of Technology (MIT) on how people make decisions and interact based on information. The key research focuses include: 1) understanding the long-term implications of people's limited or imperfect memory, which can lead to overconfidence and neglect of rare events; 2) examining how people decide...
This $272,999 federal Project Grant award, funded by the National Science Foundation's (NSF) Social, Behavioral, and Economic Sciences (CFDA 47.075) program, supports a research project at Duke University that aims to understand how the burden of market failures is shared across different households and income groups in the economy. The project will develop advanced tools and methods to estimate and analyze various economic distortions, such as markups, markdowns, and taxes, that prevent...
The National Science Foundation awarded a $473,000 project grant to the National Bureau of Economic Research Inc. (NBER) from July 1, 2021 to June 30, 2024 under the Social, Behavioral, and Economic Sciences program (CFDA 47.075). NBER will use this funding to research how large-scale economic development programs or "big pushes" can distort markets and impact long-term growth. The grant supports NBER's work analyzing distortions caused by subsidies and other interventions, and how...
The National Science Foundation awarded a $249,998 Project Grant to the Massachusetts Institute of Technology on June 1, 2021 for research concluding May 31, 2022. The grant is part of NSF's Social, Behavioral, and Economic Sciences program (CFDA 47.075), which supports basic research and education in these fields. Specifically, MIT will use the funding to conduct a study titled "FIRM RELOCATION AS ENVIRONMENTAL POLICY: IMPACTS ON AGGLOMERATION AND THE ENVIRONMENT." The research will...
This federal Project Grant award from the National Science Foundation's Social, Behavioral, and Economic Sciences (CFDA 47.075) program provides $600,000 in funding to the National Bureau of Economic Research Inc. (NBER) for research in macroeconomics. The project combines a large-scale consumer survey with information treatments and external data to investigate four key research questions: 1) the mechanisms underlying wage-price spirals, 2) how economic uncertainty affects household spending...
This National Science Foundation (NSF) Project Grant award under the Social, Behavioral, and Economic Sciences (CFDA 47.075) program provides $461,469 to the National Bureau of Economic Research Inc. (NBER) to conduct research on inflation measurement and welfare analysis. The key objectives are to: Develop new methodologies for measuring cost of living and inflation that account for variation in household preferences. Propose novel measures of well-being that incorporate future expectations....
This $318,903 Project Grant award, funded by the National Science Foundation's (NSF) Social, Behavioral, and Economic Sciences (CFDA 47.075) program, supports research on the economic theory of networks. The award, granted to Northwestern University, will develop new models and measures of network structure tailored to specific economic outcomes. The research projects include analyzing how individuals learn from social contacts, studying strategic pricing decisions in supply chain networks,...
This NSF Social, Behavioral, and Economic Sciences (CFDA 47.075) Project Grant award of $572,000 to the National Bureau of Economic Research (NBER) will fund research to develop advanced computational methods for solving heterogeneous-agent macroeconomic models. The research will focus on expanding the capabilities of sequence-space methods to enable the analysis of models with diverse types of heterogeneity, such as location choice and firm-level differences. Key deliverables include new...
This $3,065,935 Project Grant award from the National Science Foundation's (NSF) Social, Behavioral, and Economic Sciences (CFDA 47.075) program will fund a series of research meetings focused on market frictions and financial risks affecting the stability of the U.S. financial system. The grant will support researchers presenting new results in macroeconomics and financial economics, with a focus on topics such as market innovations, securities financing, market microstructure, market...