Applications are invited for Fully Funded PhD Fully Funded (PhD Position) in Behavioral Economics at Leuven Economics of Education Research, Faculty of Economics and Business, Katholieke Universiteit Leuven, Belgium.
Leuven Economics of Education Research (LEER), is a research and education center of the Faculty of Economics and Business. It aims for state-of-the-art academic research on education and education-labour market issues with economic tools.
The European Key Competences emphasize the importance of financial literacy for a successful participation of individuals in society. Moreover, it has been argued that for macroeconomic stability and individuals’ (financial) well-being, financial literacy is a necessary condition. However, it is not a sufficient condition as individuals might still act in an irrational way due to cognitive biases. Since suboptimal decision-making is apparent across the ranges of educational level and socioeconomic status, there is a need for further research on the prevalence and cures for similar cognitive biases. Up to now, there is a lack of studies examining which interventions could indeed result in improved financial decisions. Thanks to funding by the ‘Baloise Chair to Financial Well-being’, this PhD research fills this gap.
This research should obtain more insights in the following research questions:
– What is the role of cognitive biases in actions to promote financial well-being?
– How can insights from behavioral economics be applied to financial well-being?
To be eligible for PhD Scholarships position an applicant must:
- Hold an EU MSc degree in Economics, Business Economics, Commercial Engineering, Civil Engineering, Mathematics, Sociology, or similar
- Have keen interest in scientific research on Behavioral Economics, financial well-being, and more generally in Education Economics
- Having at least ‘cum laude’ during master years
- Have (starter) skills in statistical, econometric and quantitative data analysis and experience with statistical packages; and are keen on developing these skills further
- Enthusiastic and motivated to do research
- Proficiency in English language; your knowledge of Dutch might be an advantage
- Have very good scientific writing skills
- A team player that is able to work independently
To apply for Fully Funded Scholarships (PhD Position) in Behavioral Economics, an applicant must submit following documents with application:
- A Curriculum Vitae
- •An overview of your study results (certified copies of diplomas and transcripts)
- •A letter of motivation (max. 500 words): all applicants must provide a letter of motivation
- A digital copy of one or two texts that are a proof of your research experience (and analytical qualities) – if available preferably in English