Three Daniels School of Business faculty members were among the authors of five research papers shortlisted for the prestigious Exeter Prize.
The Exeter Prize is awarded annually by the University of Exeter, a prominent research university in the UK, for outstanding articles published in a refereed journal in the previous year on experimental economics, decision theory or behavioral economics.
“Cognitive Skills, Strategic Sophistication, and Life Outcomes” was co-authored by Victoria Prowse, Marge Magner Chair and Professor of Economics; David Gill, James Brooke Henderson Professor; and Eduardo Fe, of the University of Manchester. The highly-acclaimed paper, which investigates how childhood cognitive skills impact outcomes later in life, was published in the Journal of Political Economy.
By using a newly developed conceptual framework devised by Gill, Prowse, and Fe, their study is likely the first of its kind to systematically examine the effects of childhood theory-of-mind on adult outcomes in the context of economic behavior. Read more about their findings.
Matt Kovach, assistant professor of economics, co-authored “Behavioral Foundations of Nested Stochastic Choice and Nested Logit” with Gerelt Tserenjigmid, assistant professor at the University of California Santa Cruz. In the paper, which also appears in the Journal of Political Economy, Kovach and Tserenjigmid propose the first behavioral characterization of nested logit with the introduction of Nested Stochastic Choice.
The Exeter Prize shortlist highlights the substantial impact these Purdue business school faculty are making through their outstanding contributions to the field of economics.
