Friday, 31 May, 2024

00:01 | For Study Applicants | ONLINE

Additional Admission Round Open!

We are happy to announce good news for MA and PhD applicants who missed the March deadline. We are opening the 2nd round of admissions with a new deadline August 15.

Entry requirements are:
- BA or MA degree or equivalent
- Proficiency in spoken and written English
- Solid background in mathematics
- Previous education in economics is recommended

Your online application must content following documents:
- Curriculum vitae
- Statement of motivation
- Copies of your diplomas and transcripts
- Proof of English proficiency level
- Contact details for two (or max. three) referees

For more information please see sections: How to apply to MAER or How to apply to PhD
In case of any question, please do not hesitate to contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.
or see the FAQ sections for MAER or Phd

10:30 | Special Event

MA and PhD Graduation Ceremony 2024

We are pleased to invite you to the CERGE-EI MA and PhD Graduation Ceremony on Friday, 31 May 2024. 

Graduation Ceremony Program

 10:30          

 Opening by Marek Kapička, Director of CERGE-EI 

 

 Address by Jan Švejnar, Columbia University, Chairman of the CERGE-EI ESC

 

 Address by Susan Walton, CERGE-EI Foundation
 

 Address by PhD in Economics graduate Kristína Hrehová

 

 Presentation of Diplomas 

 11:30

 Closing, reception to follow

 

Graduation Ceremony 2024

 

 

14:00 | Room 402 | Micro Theory Research Seminar

Nikhil Vellodi (Paris School of Economics) "A Theory of Self-Prospection"

Nikhil Vellodi, Ph.D.

Paris School of Economics, France


Authors: Nikhil Vellodi, Polina Borisova

Abstract: A present-biased decision maker (DM) faces a two-armed bandit problem whose risky arm generates random payoffs at exponentially distributed times. The DM cannot perfectly observe payoffs but receives informative feedback. Our main finding is that, in the unique stationary Markov perfect equilibrium of the multi-self game, positive feedback supports greater equilibrium welfare than both negative and transparent feedback. By inducing an upward trend in self-beliefs while actively experimenting, positive feedback encourages the DM to engage in self-prospection --- imagining future goals and outcomes when seeking motivation in the present.  We relate our results to findings in psychology promoting the motivational effects of positive feedback, as well as more recent findings regarding self-prospection theory.

JEL Classification: D83, D91, C73
Keywords: Present-bias, strategic experimentation, motivational feedback

Full Text: A Theory of Self-Prospection