Showing posts with label academic economics. Show all posts
Showing posts with label academic economics. Show all posts

Sunday

University of Cologne is advertising for market designers

The Faculty of Management, Economics and Social Sciences at the University of Cologne seeks to appoint one full Professor (W3), and one assistant Professor with tenure track (W1), in Economics: Behavior & Design

The positions are created as a result of the University's successful application in the excellence initiative of the German government, and will be integrated into the University’s key profile area “Behavioral Economic Engineering and Social Cognition”.
In recent years, the University of Cologne has built up expertise both in Behavioral and Experimental Economics as well as in Social Cognition. In parallel to these two positions in economics, the University of Cologne is hiring two new professors in psychology (social and economic cognition). The successful candidates are expected to contribute to the further expansion of this research area.

For the present positions, we seek candidates with an economics or related background, a research focus in behavioral and experimental economics, design economics, or related fields, and an interest to connect to social cognition research. Successful candidates will have demonstrated excellence in research as well as teaching.

Salaries are based on the German W-scheme, with supplementary allowances competitive with international salaries, contingent on academic achievements and teaching experience. There is no teaching load initially, but some teaching is welcome.Candidates are expected to be willing to learn the German language.

The University of Cologne is one of Germany’s largest universities. The Faculties offer B.A., M.A. and doctoral degrees. Courses are taught either in English or German.
The University of Cologne is an equal opportunity employer in compliance with the German disability laws. Women and persons with disabilities are therefore strongly encouraged to apply.

Please submit your electronic application including the typical materials (vita, list of publica-tions and teaching experiences, diplomas) no later than 30th October 2012 to the dean of the Faculty of Management, Economics and Social Sciences of the University of Cologne, Albertus-Magnus-Platz, 50932 Cologne, Germany. E-Mail: bewerbung@wiso.uni-koeln.de.

All application materials shall be submitted as one document in PDF or MSWord-format. Ac-knowledgments of receipt will be sent out within one week.
For further information please contact Axel Ockenfels (ockenfels@uni-koeln.de) or Thomas Mussweiler (thomas.mussweiler@uni-koeln.de).

www.uni-koeln.de

Monday

D47. Market Design is now officially a field of study

I returned last night from Philadelphia where the American Economic Association’s annual meeting was held. While I was there, my Pittsburgh colleague Asatoshi Maeshiro informed me that Market Design has arrived. In particular, the AEA publishes the Journal of Economic Literature, which classifies articles according to what field they are in. And the newest JEL Classification Codes include market design, under the overall heading of Market Structure and Pricing.  We’re D47.

        D4          Market Structure and Pricing
        D40        General
        D41        Perfect Competition
        D42        Monopoly
        D43        Oligopoly and Other Forms of Market Imperfection
        D44        Auctions
        D45        Rationing; Licensing
        D46        Value Theory
        D47 Market Design

        D49        Other

When you click on microeconomics, followed by market structure, followed by market design on the JEL classification webpage, you get to this description of the new field, with example (which are clickable on the web page, but don't seem to be when I copy them...:

D470 Market Design
Guideline: Covers studies concerning the design and evolution of economic institutions, the design of mechanisms for economic transactions (such as price determination and dispute resolution), and the interplay between a market�s size and complexity and the information available to agents in such an environment.
Keywords: Markets, Microeconomic Engineering, Price Formation, Quasi-markets
Caveats: Purely theoretical studies concerning mechanism design should be classified in D82. Purely empirical studies concerning market structure should be classified in the appropriate category under L1.
Examples: