Long-Range Research Priorities in Economics, Finance, and the Behavioral Sciences

4 Pages Posted: 12 Aug 2011  

Herbert Gintis

Santa Fe Institute; Central European University

Date Written: September 16, 2010

Abstract

In macroeconomic theory, I suggest supporting agent-based models of decentralized market systems with sophisticated financial sectors, as well as theoretical research that provides the analytical foundation for the phenomena discovered through agent-based models. In rational choice and game theory, I suggest increasing support for laboratory and field experiments in choice and strategic interaction, as well as support for analytical modeling of the phenomena discovered through experimental interventions. Finally, I urge the formation of a transdisciplinary department of NSF devoted to peer reviewed support of transdisciplinary work, with advisors drawn from all the behavioral sciences.

Suggested Citation

Gintis, Herbert, Long-Range Research Priorities in Economics, Finance, and the Behavioral Sciences (September 16, 2010). American Economic Association, Ten Years and Beyond: Economists Answer NSF's Call for Long-Term Research Agendas. Available at SSRN: https://ssrn.com/abstract=1889150 or http://dx.doi.org/10.2139/ssrn.1889150

Herbert Gintis (Contact Author)

Santa Fe Institute ( email )

1399 Hyde Park Road
Santa Fe, NM 87501
United States

Central European University

Nador utca 9
Budapest, H-1051
Hungary
413-586-7756 (Phone)

HOME PAGE: http://www-unix.oit.umass.edu/~gintis

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