The Department of Economics is proud to announce that the 2015 Yrjö Jahnsson Selection Committee has awarded Botond Kőszegi the 2015 prize for his contribution to the theoretical foundations of behavioral economics, and its application to public finance and contract theory. His influential research on reference-dependent preferences extends the concept of loss aversion by determining the reference point endogenously. The approach has been applied with success to a wide range of economic issues including auctions, firms' pricing behavior, labor supply and savings decisions, and risk preferences.
Yrjö Jahnsson Award in Economics goes every second year to a European economist no older than 45 years old who has made a contribution in theoretical and applied research that is significant to economics in Europe.
The EEA is pleased to be rewarding such a talented individual and the Association warmly congratulates the winner.
Please click here for a list of past recipients.
Source: http://www.eeassoc.org
