Microeconomics
Traditionally, microeconomics uses perfectly rational individuals and their sole pursuit of private interests as the building blocks for its models.Through research grants and education projects, we encourage the pursuit of a more nuanced, multidisciplinary understanding of economic behavior.
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Utility Theory
At the Institute, we’re expanding the way economists think about human welfare. By exploring the philosophical and psychological foundations of Utility Theory, we can better understand human happiness and behavior.
Recently published
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Social Choice Theory
In the sixty-five years since Arrow’s Impossibility Theorum, economists have questioned how we think about utility, individuals and communities. Using philosophical, mathematical and other toolkits, our scholars explore the nature and role of preference maps and utility theory in economics today.
Recently published
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International Trade
Recently published
