PhD Position in Economics (m/f/d)

The Institute of Economic Research and Policy ( ERP-HSG ) at the University of St.Gallen is seeking a highly motivated PhD Assistant to work on the SNF-funded project “RIPE - Rational Inattention and Preference Elicitation”. The project is led by Prof. Dr. Michèle Müller-Itten. In this project, we combine experimental, numeric and theoretical methods to study the behavioral implications of flexible, costly learning.

Project Overview:
We study costly learning in strategic choices. Specifically, the project aims to:

• Develop numeric algorithms that efficiently determine the optimal rational inattentive choice for a range of learning cost functions.
• Use these algorithms to simulate the behavioral impact of different cost functions in concrete settings, and compare it with documented patterns of behavior.
• Design and deploy an experimental protocol that allows us to measure perceived learning costs.
• Implement the protocol in several choice experiments (both online and in the lab) to identify key features that drive the cost of learning.
• Experimentally compare perceived versus experienced learning costs to uncover potential biases.
• Identify how risk attitudes shape the agent's incentives to learn.

• You will conduct innovative and high-quality research on Rational Inattention and costly learning.
• You will have time dedicated to advancing your own independent research agenda.
• You will actively contribute to the project's research activities, from developing theory, coding and/or experiments to the drafting and publishing of academic papers.
• You will support the teaching initiatives of the team and contribute to the organization of occasional workshops.
• You will be part of a vibrant research community in the institute and the department. You are expected to attend seminars, provide feedback on other's research, and contribute to the preparation of grant proposals.
• The position is based in the beautiful city of St.Gallen, Switzerland,and requires regular presence at the department.

• A master degree (completed or near completion) in Economics or Mathematics, with a strong background in experimental economics, numerical methods and/or economic theory.
• Enthusiasm and ambition for conducting high-quality research.
• Hands-on experience with designing and running experiments (lab, online, or field) is highly desirable.
• Ability to work independently, think creatively and contribute collaboratively in a dynamic team environment.
• Effective written and verbal English-language communication and time management skills.

"A place where knowledge is created" - As one of Europe's leading universities of economics and business administration, the University of St.Gallen (HSG), Switzerland, is committed to the education of over 9800 students. The HSG is one of the largest employers in the region and provides an attractive and innovative environment for more than 3300 researchers, educators and professional staff.