Theoretical REsearch in Neuroeconomic Decision-making (TREND)
Theoretical REsearch in Neuroeconomic Decision-making (TREND) is the first institute dedicated to the study of “Neuroeconomic Theory.” This interdisciplinary line of investigation combines research from subfields in neuroscience and economics. Experimental neuroscience and neurobiology provide detailed evidence of the functionality, interconnectivity and physiological limitations of the different brain systems involved in the process of decision-making. Microeconomic theory supplies the toolkit to build simple economic models that incorporate these system interactions and well-defined constraints in the mechanisms of choice.
More information can be found in the webpage of TREND.
Los Angeles Behavioral Economics Laboratory (LABEL)
Los Angeles Behavioral Economics Laboratory (LABEL) is dedicated to experimental research on economic decision-making. Experimental Economics has proved useful over the years to understand behavior, test economic theories, disentangle between them, and help build new theories capable of better explaining observed choices. Applications range from individual decisions under risk and uncertainty to market design, industrial organization or political economy.
The Lab offers a state-of-the-art infrastructure with 36 workstations, a waiting area and a lab manager's office. It is located in the Economics Department and is open to the social science research community.
More information can be found in the webpage of LABEL.