Behavioural Economics Research Group (BERG)

Behavioural Economics Research Group theme picture

From field and laboratory evidence we know that human behaviour is not consistent with the neoclassical economic theory. This group studies behavioural aspects of economic decision making to improve the current theoretical and applied knowledge, and to evaluate behavioural public policy. Our methods include formal theory, laboratory experiments, field experiments, surveys, and field data. Our group meets to discuss behavioural research in organisational economics, labour economics, health economics, welfare economics, industrial economics, and other areas. 

Research group leader

Subhasish M. Chowdhury

Academic staff

Daniel GrayBert Van Landeghem 

Aidas MasiliūnasJesse Matheson

Matthew Rablen

Jennifer Roberts

Karl B. Taylor

Aki Tsuchiya

PhD students

Jessica Burke

Eko Arief Yogama

Hao Zhu

Representative publications

Subhasish M. Chowdhury., Esteve‐González, P., & Mukherjee, A. (2023). Heterogeneity, leveling the playing field, and affirmative action in contestsSouthern Economic Journal, 89( 3), 924– 974.

Elliott, J., & Aki Tsuchiya (2022). Do they just know more, or do they also have different preferences? An exploratory analysis of the effects of self-reporting serious health problems on health state valuation. Social Science & Medicine315, 115474.

Alzuabi, R., Brown, S., & Karl B. Taylor (2022). Charitable behaviour and political affiliation: Evidence for the UKJournal of Behavioral and Experimental Economics100, 101917.

Baik, K.H., Subhasish M. Chowdhury, & Ramalingam, A. (2022). Group Size and Matching Protocol in Contests. Canadian Journal of Economics, 54(4), 1716-1736.

Brown, S., Ghosh, P., Daniel Gray, Pareek, B., & Roberts, J. (2021). Saving behaviour and health: A high-dimensional Bayesian analysis of British panel data. The European Journal of Finance27(16), 1581-1603.

Daniel Gray, Montagnoli, A., & Moro, M. (2021). Does education improve financial behaviors? Quasi-experimental evidence from Britain. Journal of Economic Behavior & Organization183, 481-507.

Daniel Gray, Pickard, H., & Munford, L. (2021). Election outcomes and individual subjective wellbeing in Great Britain. Economica88(351), 809-837.

Powell, P. A., Jennifer Roberts, Gabbay, M., & Consedine, N. S. (2021). Care Starts at Home: Emotional State and Appeals to Altruism may Reduce Demand for Overused Health Services in the UK. Annals of Behavioral Medicine55(4), 356-368.

Subhasish M. Chowdhury, Kovenock, D., Rojo-Arjona, D., & Wilcox, N.(2021) Focality and Asymmetry in Multi-battle Contests. Economic Journal, 131(636), 1593-1619.

Abásolo, I., & Aki Tsuchiya (2020). Comparing aversions to outcome inequality and social risk in health and income: An empirical analysis using hypothetical scenarios with losses. Health Economics29(1), 85-97.

Aidas Masiliūnas, & Nax, H. H. (2020). Framing and repeated competitionGames and Economic Behavior124, 604-619.

Baik, K.H., Subhasish M. Chowdhury, & Ramalingam, A. (2020). The Effects of Conflict Budget on the Intensity of Conflict: An Experimental Investigation. Experimental Economics, 23(1), 240-258. 

McDool, E., Powell, P., Jennifer Roberts, & Karl B. Taylor (2020). The internet and children’s psychological wellbeingJournal of health economics69, 102274.

Subhasish M. Chowdhury, & Crede, C.J. (2020). Post-Cartel Tacit Collusion: Determinants, Consequences, and Prevention. International Journal of Industrial Organization, 70, 102590.

Aidas Masiliūnas (2019). Overcoming inefficient lock-in in coordination games with sophisticated and myopic playersMathematical Social Sciences100, 1-12.

Bert Van Landeghem (2019). Stable traits but unstable measures? Identifying panel effects in self-reflective survey questionsJournal of Economic Psychology72, 83-95.

Adriani, F., Matthew Rablen, & Sonderegger, S. (2018). Teaching by example and induced beliefs in a model of cultural transmission. Journal of Economic Behavior & Organization145, 511-529.

Bert Van Landeghem, & Vandeplas, A. (2018). The relationship between status and happiness: Evidence from the caste system in rural India. Journal of behavioral and experimental economics77, 62-71.

Feng, Y., Hole, A. R., Karimi, M., Aki Tsuchiya, & van Hout, B. (2018). An exploration of the non‐iterative time trade‐off method to value health states. Health Economics27(8), 1247-1263.

Powell, P. A., Puustinen-Hopper, K., Jode, M. D., Mavros, P., & Jennifer Roberts (2018). Heart versus head: Differential bodily feedback causally alters economic decision-makingQuarterly Journal of Experimental Psychology71(9), 1949-1959.

Powell, P. A., Wills, O., Reynolds, G., Puustinen-Hopper, K., & Jennifer Roberts (2018). The effects of exposure to images of others' suffering and vulnerability on altruistic, trust-based, and reciprocated economic decision-making. PloS one13(3), e0194569.

Aidas Masiliūnas (2017). Overcoming coordination failure in a critical mass game: strategic motives and action disclosure. Journal of Economic Behavior & Organization139, 214-251.

Ali, S., Aki Tsuchiya, Asaria, M., & Cookson, R. (2017). How robust are value judgments of health inequality aversion? Testing for framing and cognitive effectsMedical Decision Making37(6), 635-646.

Brown, A., & Subhasish M. Chowdhury (2017). The Hidden Perils of Affirmative Action: Sabotage in Handicap Contests. Journal of Economic Behavior and Organization, 133, 273-284. 

Piolatto, A., & Rablen, M. D. (2017). Prospect theory and tax evasion: a reconsideration of the Yitzhaki puzzleTheory and decision82(4), 543-565.

Brown, S., & Daniel Gray (2016). Household finances and well-being in Australia: An empirical analysis of comparison effectsJournal of Economic Psychology53, 17-36.

Brown, S., & Karl B. Taylor (2016). Early influences on saving behaviour: Analysis of British panel data. Journal of banking & finance62, 1-14.

Currarini, S., Jesse Matheson, & Vega-Redondo, F. (2016). A simple model of homophily in social networks. European Economic Review90, 18-39.

Subhasish M. Chowdhury, Jeon, J., & Ramalingam, R. (2016). Identity and Group Conflict. European Economic Review, 90, 107-121.

Event organization

Member of this group organizes (along with 6 other institutions) a bi-weekly webinar titled Global Seminar on Contests & Conflict. Administrative support provided by MPI (Munich). 

Flagship institutes

The University’s four flagship institutes bring together our key strengths to tackle global issues, turning interdisciplinary and translational research into real-world solutions.