Emir Kamenica

Emir Kamenica

Emir Kamenica is the Richard O. Ryan Professor of Economics at the University of Chicago Booth School of Business. He studies an eclectic set of topics in microeconomics with a focus on theoretical work in information design.

Professor Kamenica is a recipient of the 2013 Alfred P. Sloan Research Fellowship. He holds an honorary doctorate from Shepherd University. He was an Editor of the Journal of Political Economy from 2016 to 2024.

Professor Kamenica was born in Sarajevo, Bosnia and Herzegovina. He earned a PhD in Economics in 2006 and a bachelor’s degree in applied mathematics in 2001, both from Harvard University. He joined the faculty at Chicago Booth in 2006.

Emir Kamenica EH-meer KAH-meh-knee-tza (roughly speaking) Richard O. Ryan Professor of Economics tel: 773.834.8690 [email protected]

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PhD Graduates 2024

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The Kenneth C. Griffin Department of Economics is one of the world's foremost economics departments, and its faculty are renowned for their seminal contributions to the field, achievements recognized with numerous Nobel Prizes, Clark Medals, and other distinctions. Students admitted to doctoral studies research, interact daily with the faculty, as well as fellow graduate students, and pursue their own interests, thus furthering their own scholarship and research, ultimately continuing to shape the discipline itself.

The Department of Economics receives 600-700 applications for an entering class of 20-25 students per year. The number of well-qualified applicants exceeds the number of offers we can make. Nevertheless, we still strongly encourage those interested in graduate economic study to apply.

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Sofia Shchukina, Department PhD Student, Awarded Funding through UChicago GRAD PhD Advance Program

Sofia Shchukina Awarded Funding through UChicagoGRAD Program

Sofia Shchukina, a PhD student in the Kenneth C. Griffin Department of Economics, was awarded funding for the 2023-24 academic year as part of UChicagoGRAD's PhD Advance internship program for her work with NPR's Planet Money.

The PhD Advance program supports students in building new skills and applying their advanced-degree training in an area of professional interest in academia, industry, nonprofits, or government. The internships are student driven and engage students’ academic work. With coaching from UChicagoGRAD, PhD students create their own projects based on their specific interests and needs. They receive a $6,000 stipend for an internship lasting 300 hours.     The PhD Advance program prioritizes applicants who design customized, project-based internships. Project-based internships are those that engage the intern in a coherent set of responsibilities that progressively build toward a specific deliverable or outcome. Internships involving unrelated, ad-hoc tasks are not considered project-based opportunities. The program also gives preference to internship projects at organizations at which the applicant has no previous affiliation.

For more information about the program and to apply, visit grad.uchicago.edu .

Welcome incoming Ph.D. students! (alphabetical listing):  Hazal Basaran; Connor Brennan; Joseph Campbell; Seamus Duffy; Sebastian Freed Huici; Alfonso Gauna; Javiera Gazmuri; Ariel Goldszmidt; Maria Del Mar Gomez Ortiz; Jiesheng Hong; Reigner Kane; Hanvit Kim; Philipp Kropp; Neel Lahiri; Yier Ling; Ayman Moazzam; Matthew Neils; Kyunghee Oh; Laura Pittalis; Jose Rishmawi; Amy Smaldone; Marco Spinelli; Rathan Sudheer; Shengning Zhang

Congratulations 2023-2024 Ph.D. Graduates! 2023-2024 PhD graduates (alphabetical listing): Scott Behmer • Maria Ignacia Cuevas de Saint • Santiago Franco • Zhiyu Fu • Michael Galperin • Shanon Hsu-Ming Hsu   •   Elena Istomina • Ihsan Furkan   Kilic • Nadav Kunievsky • Marco Loseto • Nadia Lucas • Sangmin Oh • Aleksei Oskolkov • Estéfano Rubio • Francesco Ruggieri • Sidharth Sah • Marcos Gabriel Sorá  • Michael Varley

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Postdoctoral Program The Kenneth C. Griffin Department of Economics is proud to announce its first year (2023-24) of having a postdoctoral program! 

Selected postdoctoral scholars in the program for 2023-24 are Harshil Sahai (PhD '23) and Esperanza Johnson Urrutia (PhD '23).  Postdoctoral scholars in the program for 2024-25 are Elena Istomina and Shanon Hsuan-Ming Hsu.

STEM Eligibility The PhD program is STEM eligible for international students.

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The Economics PhD Program is administered by: Kathryn Falzareno Graduate Student Affairs Administrator SHFE 510 Phone: 773-702-3026 Email: [email protected]

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Behavioral Economics

Nudging to shape decisions.

September 24, 2024

Online with live sessions

8 weeks, 3–5 hrs/week

English, Portuguese, and Spanish

Unlock the value of understanding the human dynamics of choice and decision-making.

Whatever your industry, drive better results and create long-lasting value..

Distinctive Online Learning Features

Flexible method, user-friendly platform, tailored guidance, your chicago booth professor.

phd economics chicago booth

Devin G. Pope

Steven G. Rothmeier Professor of Behavioral Science and Economics/Robert King Steel Faculty Fellow

By completing this program, you’ll...

  • Learn how to design products and services that create more value for customers.
  • Explore hidden biases and heuristics that either reinforce or counteract outcomes.
  • Discover the tools to optimize your value proposition for greater influence and impact.
  • Discover how “choice architecture” may optimize decisions to benefit economic, regulatory, and policy-creation strategies.
  • Gain the frameworks to draw actionable insights from data intelligence to improve customer experience and engagement.
  • Discover the emotional and cognitive underpinnings of economic behavior changes and how professionals make decisions.
  • Increase management decision outcomes that result in improved enterprise-wide efficiencies and processes.

Upon program completion, you'll also...

Be awarded a certificate of completion and a digital credential of your accomplishment.

Become a member of the global Chicago Booth Executive Education network.

Program Modules

  • Analyze the evolution from classical economics (e.g., Adam Smith) to modern-day neoclassical economics and how behavioral economics started to flourish in this paradigm.
  • Understand the revolutionary turning point for the three fathers of behavioral economics at the end of the 1970s to explain how psychology became part of the economic model of decision-making.
  • Dissect what systematic bias is and learn about the most cited and groundbreaking behavioral economics theory: prospect theory.
  • Explore examples of how prospect theory matters both in our personal lives and when running a business.
  • Explain the influence of intertemporal components in the choices we make and realize how they can lead to non-standard behavior (such as obesity, addiction, and credit card overuse and dependence).
  • Formulate mathematical models that explain phenomena like procrastination and overindulgence.
  • Visualize examples of how self-control problems can lead to poor decision-making—As soon as you turn eighteen you are much more likely to be tried as an adult, and yet we do not see people stop committing crimes as soon as they turn eighteen. Why is this?
  • Learn how to apply this knowledge in a way that modifies behavior and improves the health of your business or people around you.
  • Compare the dichotomy between the standard rational economics assumption that humans are self-interested and the behavioral economics propositions explaining how and why humans are altruistic and care about giving to others.
  • Articulate why thinking in financial terms and incentives might not always be a wise idea and understand why fairness matters in economic marketplaces and how it is compatible with running a business.
  • Analyze why and when it is socially acceptable to charge fees or surcharges and, more generally, to balance supply and demand using standard economic pricing mechanisms.
  • Learn the importance of social norms and pressure, reciprocity, and distributive vs. procedural justice
  • Discover through a Qualtrics-based exercise in experimentation and prediction what kind of motivational treatments work best in the short run to make someone execute a given task.
  • Realize that behavioral economics is just getting started when it comes to understanding motivation—What other approaches motivate people to make decisions?
  • Think about how to create a company culture that is built on solid psychological principles.
  • Recognize how information interventions over biased beliefs can modify mind-sets and be potential sources of change and development of new standards in decision-making.
  • Learn how nearly everyone exhibits common biases such as projection bias and the bias of the winner’s curse.
  • Identify some of the most important biases, including survivorship bias and overconfidence, and learn how they influence business decision-making.
  • Discover how our attention is limited and why this leads us to make significant decision errors when our attention is drawn to some things but not others.
  • See how something as simple as failing to pay attention to certain digits of a number can dramatically change how certain economic markets function.
  • Learn how inattention works in a competitive market and how to grapple with the ethics of competing for consumer attention.
  • Measure and identify the sensitive topic of discrimination through five distinctive methods: audit studies, all-else-equal studies, own-group bias studies, correspondence studies, and eliminating group cues in the decision-making process.
  • Learn how standard economics categorizes discrimination into one of two models: statistical discrimination and taste-based discrimination.
  • Explore how psychology can deepen our understanding of how discrimination works and how we can combat it.
  • Become familiar with basic principles of good choice architecture and the way we can influence people’s behavior by nudging them into a good direction.
  • Discuss several examples of nudging such as putting numbers into context and smart engineering/design.
  • Detect examples of nudges and sludge (bad psychology; the exact opposite oulf nudging) in the real world and apply your insight to your business or career.

Faculty-Led Live-Online Sessions

This program features three live-online sessions—a unique opportunity to put theory into practice immediately to amplify your learning and see results. These required sessions not only offer an opportunity to reflect and receive real-time feedback with faculty and peers, but also integrate interactive that can only be taught in a live environment. Participants are expected to attend at least two of the three live sessions to maximize their growth. If a participant is unable to attend a session, an extra asynchronous assignment must be submitted to complete the program.

This program is an excellent fit for:

  • Mid- to senior-level executives who seek to grow their organizational competitive advantage. 
  • Executives in long-established businesses and entrepreneurs leading smaller firms.
  • Practitioners across industries, including the manufacturing, retail, and technology sectors.
  • Professionals dedicated to business development, new product development, R&D, marketing, and sales. 
  • Managers who are directly involved with the strategic direction of their organizations.

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Arshia Hashemi

Economics phd candidate.

The University of Chicago Booth School of Business

Arshia Hashemi is a PhD student in Economics at the University of Chicago Booth School of Business.

His primary research lies in quantitative macro public finance , using micro data to discipline macro models with heterogeneous agents, and deriving policy implications. His secondary research studies firm productivity and market power using techniques in production function estimation and corporate finance.

Email: [email protected]

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PhD Economics, 2024

MPhil Economics, 2019

Nuffield College, University of Oxford

BSc Economics, 2017

University College London

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  • Thread: 37 Goods vs 28 No Goods

UChicago: Booth (Econ) vs Griffin PhD?

Economist a7d3

I checked both departments and Booth seems more interdisciplinary and less competitive. Is a PhD at Booth worth it? How does it differ from Griffin’s PhD? Is there much interaction between students and coursework? I’m guessing the stipend is bigger at Booth?

Economist 60f5

Get into both first. Then worry.

I need to know which one to apply to...

Apply to both

Economist 6c91

The econ department is a hell hole:

https://www.econjobrumors.com/topic/why-is-chicago-so-hated

Economist 4a61

The econ department is a hell hole: https://www.econjobrumors.com/topic/why-is-chicago-so-hated

Yeah, I'd totally trust the words of anonymous "insiders." People love to take a shot at Chicago however they can; since they can't knock it for their faculty caliber or graduate student output, they come up with this vague attack as "not fun."

Where there is smoke there is fire and there is a lot of smoke

Economist 6b12

The quality of output will deteriorate since Chicago never wins battles for top students anymore. The fact that Chicago is oblivious to this is comical. 10 years ago you could still the argument that it was worth it going to Chicago.

10 year graduate output is a ranking that has a 10 year lag.

The quality of output will deteriorate since Chicago never wins battles for top students anymore. The fact that Chicago is oblivious to this is comical. 10 years ago you could still the argument that it was worth it going to Chicago. The econ department is a hell hole: https://www.econjobrumors.com/topic/why-is-chicago-so-hated
Out of curiosity what is your take on why the JM webpage has at most half of the students that adorn the cohort pictures that adorn the corridor walls while other universities generally have most of their students successfully going to the job market?

Economist 8937

Being based at Booth as a number of advantages in terms of access to business school resources and part of the Booth PhD cohort. Bschool faculty are arguably more collegial. There are of course tradeoffs though an advantages to Griffin.

There's huge overlap in terms of classes, students from both programs all work/hang out together, etc... so in many ways, it's a smaller distinction than it might look from the outside.

Then just look at the placement for the most recent job markets. https://www.econjobrumors.com/topic/kremer-to-chicago/page/4

Chicago has the strongest placement record out of Chicago, Stanford, Berkeley, Princeton, Yale

10 year graduate output is a ranking that has a 10 year lag. The quality of output will deteriorate since Chicago never wins battles for top students anymore. The fact that Chicago is oblivious to this is comical. 10 years ago you could still the argument that it was worth it going to Chicago. The econ department is a hell hole: https://www.econjobrumors.com/topic/why-is-chicago-so-hated

Economist eb1d

Being based at Booth as a number of advantages in terms of access to business school resources and part of the Booth PhD cohort. Bschool faculty are arguably more collegial. There are of course tradeoffs though an advantages to Griffin. There's huge overlap in terms of classes, students from both programs all work/hang out together, etc... so in many ways, it's a smaller distinction than it might look from the outside.

What are the advantages of Griffin over Booth? Could you expand please?

That’s not really what this thread is about

Economist 8da6

Ouch, looks like someone got rejected by JPE one too many times!

Copy and pasting the placement record for those too lazy to click and see:

Chicago: Harvard, Princeton, Stanford, Stanford GSB, LSE, NYU Stern, Chicago Booth, UMich, Yale SOM

Stanford: Harvard, Yale, Chicago Booth, LSE, Northwestern Kellogg (2), NYU, Penn

Princeton: Harvard, Stanford GSB, Chicago Booth, Northwestern, UCSD (3), UCLA, Wisconsin, Cornell

Berkeley: LSE (3), Princeton, Chicago, Chicago Booth, Chicago Harris (2), UCLA (3)

Yale: MIT, Penn (2), UMich (2), UCSD, DUKE, HBS, CBS

Then just look at the placement for the most recent job markets. https://www.econjobrumors.com/topic/kremer-to-chicago/page/4 Chicago has the strongest placement record out of Chicago, Stanford, Berkeley, Princeton, Yale

That list is missing 50% of the placements. Needless to say that the missing placements are a lot worse than those. There was even a year that Chicago econ faculty deleted a candidate's name off of the job market webpage because his placement was a visiting or adjunct thing at a low level university. They literally chose to pretend he didn't exist rather then add his placement to their list.

Economist b434

Restricting the comparison to median placement doesn't do anything to diminish Chicago's success at placing their PhD students.

As for your assertion about this mysterious candidate, where's your evidence? I can make up all sorts of allegations on this website about departments I don't like as well. Doesn't mean they're true.

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Executive MBA Class Visit (Macroeconomics and the Global Environment)

Tuesday, November 19, 2024 at 8:45 AM until 11:00 AM GMT Standard Time UTC +00:00

Chicago Booth London Campus One Bartholomew Close Barts Square London, England EC1A 7BL United Kingdom

Macroeconomics and the Global Environment with Guido Lorenzoni, the Robert W. Fogel Distinguished Service Professor of Economics

Sit in on a class and experience the life of a Chicago Booth Executive MBA student here on the London campus. Find out for yourself what makes our top ranked, global program better than any other.

What happens during a class visit? •      Experience a real-life class alongside Executive MBA students •      See our world class faculty and the Chicago Booth approach in action •      Connect with current students and find out why they chose Chicago Booth •      Meet the admissions team and learn about the admissions process

Agenda 08:45 to 08:55am – Briefing with a member of the admissions team 09:00 to 10:30am – Macroeconomics and the Global Environment with Guido Lorenzoni 10:30 to 11:00am – Tea and coffee break with current students (Subject to change)

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March 27 Guillaume Pouliot , University of Chicago "An Exact t-Test"

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  • Top 10 Business Schools in the World : Rankings 2024
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Are you planning to pursue your career in business? When it comes to pursuing an MBA, choosing the right business school can make all the difference in one's professional path. With various options available globally, it can be challenging to select the best School for your Business Studies. However, multiple rankings and reports shed light on the top contenders. One such source is the US News & World Report . Let us explore and in detail about the top 10 business schools in the world based on their rankings.

Stanford University - Graduate School of Business

Consistently topping the list of best business schools in the world, Stanford GSB is renowned for its innovative curriculum, world-class faculty, and exceptional opportunities for networking and entrepreneurship.

It is ranked #1 in the world for its MBA program, according to QS Global MBA Rankings 2024. The Business School offers various MBA specializations, such as:

  • Entrepreneurship
  • Marketing 
  • Production / Operation
  • Supply Chain / Logistics

The average cost of a Full-Time MBA is $79,860. Stanford Graduate School of Business MBA graduates earn starting salaries that are among the highest in the world. You can be sure that your Stanford GSB experience will shape your entire career and transform your life.

University of Pennsylvania - Wharton School

One of the many jewels in the crown of the United States, the University of Pennsylvania-Wharton School is what every student dreams of when looking for business and management studies. It is renowned globally for its intellectual leadership and ongoing innovation across every major discipline of business education. It offers various specializations, some of which are listed below:  

  • Business Analytics
  • Executive MBA
  • Production / Operations
  • Real Estate
  • Supply Chain / Logistics  

The Full-Time MBA costs $79,800. Its detailed academic program, combined with its extensive global reach, makes it an influencer in business education. It was the first business school in the USA and now has the largest alumni network in the country.  

Northwestern University - Kellogg School of Management

Kellogg School of Management at Northwestern University is known for its collaborative and supportive community. It promotes a culture of teamwork and innovation. It offers various programs with different specializations, such as:  

Kellogg School of Management has become the center of business idea generation, innovative research, and diverse perspectives on problems facing the global economy. About 95% of Kellogg graduates receive reasonable employment offers within three months of graduating.

University of Chicago- Booth School of Business  

Booth School of Business is known for providing students the strategic mindset and quantitative abilities required to succeed in the current data-driven world of today. It is placed in the 3rd position out of 124 in Best Business Schools and No. 1 out of 269 in Part-time MBA.  The school's flexible curriculum allows students to customize their education based on their career goals and interests. You can choose from specialization various disciplines, such as:

  • Business Analytics 
  • Production / Operations  

The average annual full-time MBA cost if Full-Time MBA Cost is $80,961. Their rigorous, discipline-based approach to business education transforms the students into confident, effective, respected business leaders prepared to handle the toughest challenges.

Massachusetts Institute of Technology - Sloan School of Management  

Another big name that needs no introduction is Massachusetts Institute of Technology. Its emphasis on innovation and technology management attracts ambitious students wishing to bring change to the business landscape. The academic courses at Sloan are global. You can choose your course specialization from various fields, such as: 

  • Health Care Administration
  • Human Resources Management
  • International Business
  • Organizational Behavior
  • Supply Chain Management/Logistics
  • Technology  

Its strong collaborations with industries and groundbreaking research make it stand out among other business schools. Through rigorous coursework with world-class faculty, students at MIT Sloan experience provocative experiential learning. Moreover, they engage in hands-on teamwork and leadership experiences.  

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Harvard University - Harvard Business School  

The Harvard Business School is one of the oldest and most prestigious business schools. Its case study method and immersive learning atmosphere help students prepare to face and deal with real-world challenges. It is ranked sixth in US News Rankings.

The Business School at Harvard University offers various specializations, a few of which are mentioned below: 

  • E-commerce 
  • Entrepreneurship 
  • Real estate
  • Public administration
  • International Business  

The average tuition fee is $74,910 per year. Upon graduation, around 70.80% of full-time program graduates gain employment. The students are active both on and off campus, with over 400 official student societies, including extracurricular, co-curricular, and athletic opportunities.  

New York University - Leonard N. Stern School Of Business

Stern School of Business is housed on a campus in New York City. It is ranked at 7th position out of 124 in the Best Business Schools list. Stern offers both graduate and undergraduate programs, including majors in 

  • Information Systems 
  • Real Estate 

The school offers five types of MBA programs: full-time, part-time, Dual-degree, executive, and tech MBA. However, with a low 13% acceptance rate, it is tough to get in.  

Haas School of Business - University of California, Berkeley  

Haas School of Business focuses on sparking innovation, promoting sustainability, and social responsibility. Its close ties to the tech industry and entrepreneurial ecosystem of the Bay Area are vitally important. International students are attracted to the University of California, Berkeley, because of its abundant distinctive courses in varied academic fields. Some of them are:

  • Information Systems

The comprehensive curriculum offers students a high degree of flexibility and freedom. They can design their own course of study while, at the same time, a common core teaches them theory and practice in the fundamentals of management, from accounting to strategy.  

Yale University - Yale School of Management  

Housed in New Haven, Connecticut, Yale's School of Management (SOM) is a vital component of Yale University, a prestigious institution in the US. It prepares students with the skills, insights, and ethical foundation necessary to thrive in the current, quickly evolving global business landscape. Some of the specializations it offers are: 

  • Management (tie)

The average cost of a full-time MBA is $82,200. The student-faculty ratio is 6:1. The institute’s alumni network is a close-knit community that offers career advice and industry insights to recent graduates.  

Dartmouth College- Tuck School of Business

Tuck School of Business is the graduate b-school of Dartmouth College. It was founded in 1900 and housed in Hanover, New Hampshire. It is among the 6 Ivy League business schools in the USA. The curriculum at this business school is immersive, intensive, and hands-on. Popular majors are:

  • Management 

Tuck School of Business has a vibrant, welcoming community and giving culture that promotes trust and builds strong bonds and lifelong connections. The average cost of a Full-Time MBA is $77,520.

These top 10 business schools in the world stand out for their academic excellence, industrial network, and commitment to preparing future leaders. Attending one of these B-schools can open doors to exciting opportunities and help you achieve your career goals.  

Choose wisely and take the first step towards a fulfilling and rewarding career in business! For any help in your study abroad journey, Jeduka is here. We are here with you, from choosing a country among the plenty to the visa process for the country.  

This article would help you further: Best Business Schools in the World

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Our PhD Program in Economics is widely recognized for our faculty, whose insights have changed the course of modern-day economic research.

The Chicago School of Economics. It all started here at the University of Chicago.

Fields of specialization in the Economics Stevens Doctoral Program include price theory, market design, industrial organization, behavioral economics, development economics, labor economics, public economics, health economics, urban economics, financial economics, and economic history.

Our Distinguished Economics Faculty

Chicago Booth faculty have been responsible for many of the pioneering economic concepts that inform today’s global businesses and policymaking. And they’ll be your teachers, mentors, and research collaborators. For our macroeconomics faculty, visit the Booth faculty directory  and select “Macro/International Business” under “Academic Area.”

Milena Almagro

Milena Almagro

Assistant Professor of Economics, Liew Family Junior Faculty Fellow, George G. Rinder Faculty Fellow

Marianne Bertrand

Marianne Bertrand

Chris P. Dialynas Distinguished Service Professor of Economics

Eric Budish

Eric Budish

Paul G. McDermott Professor of Economics and Entrepreneurship and Centel Foundation/Robert P. Reuss Faculty Scholar

Christopher Campos

Christopher Campos

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Rebecca Dizon-Ross

Rebecca Dizon-Ross

Associate Professor of Economics and Charles E. Merrill Faculty Scholar

Alexander Frankel

Alexander P. Frankel

Professor of Economics

Robert H. Gertner

Robert H. Gertner

Joel F. Gemunder Professor of Strategy and Finance; John Edwardson Faculty Director Rustandy Center for Social Sector Innovation

Austan Goolsbee

Austan D. Goolsbee

Robert P. Gwinn Professor of Economics

Richard Hornbeck

Richard Hornbeck

V. Duane Rath Professor of Economics and Neubauer Family Faculty Fellow

Anders Humlum

Anders Humlum

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Emir Kamenica

Emir Kamenica

Richard O. Ryan Professor of Economics

Jacob Leshno

Jacob Leshno

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Andrew McClellan

Andrew McClellan

Jack Mountjoy

Jack Mountjoy

Sendhil Mullainathan

Sendhil Mullainathan

Distinguished Fellow

Matthew J. Notowidigdo

Matthew Notowidigdo

David McDaniel Keller Professor of Economics and Business and Public Policy Fellow

Canice Prendergast

Canice Prendergast

W. Allen Wallis Distinguished Service Professor of Economics

Daniel Rappoport

Daniel Rappoport

Associate Professor of Economics

Elisa Rubbo

Elisa Rubbo

Assistant Professor of Economics and Liew Family Junior Faculty Fellow

Lars Stole

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Chad Syverson

Chad Syverson

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Richard H. Thaler

Richard H. Thaler

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Thomas Wollmann

Thomas Wollmann

Associate Professor of Economics and William Ladany Faculty Scholar

Alumni Success

Alumni have written dissertations in industrial organization, labor economics, microeconomics, and other related areas. Upon graduation, they go onto Career Outcomes in academics, government, and industry.

Nick Tsivanidis, PhD '18

Assistant Professor in the Real Estate Group Haas School of Business, University of California, Berkeley Nick researches topics related to urbanization in developing countries. His current interests center on policy issues around transport and housing, with projects in India, Nigeria, Colombia and Brazil. His dissertation area is in economics.

A Network of Support

Doctoral students at Booth have access to the resources of several high-powered research centers that offer funding for student work, host workshops and conferences, and foster a strong research community.

Becker Friedman Institute for Economics Bringing together researchers from the entire Chicago economics community, the Becker Friedman Institute fosters novel insights on the world’s most difficult economic problems.

George J. Stigler Center for the Study of the Economy and the State Dedicated to examining issues at the intersection of politics and the economy, the Stigler Center supports research by Doctoral students and others who are interested in the political, economic, and cultural obstacles to better working markets.

Rustandy Center for Social Sector Innovation Committed to making the world more equitable and sustainable, the Rustandy Center works to solve complex social and environmental problems. The center’s student support includes fellowships, research funding, and networking opportunities.

Fama-Miller Center for Research in Finance Tasked with pushing the boundaries of research in finance, the Fama-Miller Center provides institutional structure and support for researchers in the field.

Center for Research in Security Prices CRSP maintains one of the world’s largest and most comprehensive stock market databases. Since 1963, it has been a valued resource for businesses, government, and scholars.

The Kent A. Clark Center for Global Markets Enhancing the understanding of business and financial market globalization, the Clark Center for Global Markets positions Chicago Booth as a thought leader in the understanding of ever-changing markets and improves financial and economic decision-making around the world.

Scholarly Publications

Chicago Booth is home to some of the most prestigious academic journals in economics.

The Journal of Labor Economics presents international research on the relationship between labor and the economy.

The Journal of Law and Economics has published some of the most influential and widely cited articles on a broad range of economic topics.

The Journal of Political Economy , one of the oldest economics journals in the world, focuses on the relationship between government and the economy.

Spotlight on Research

Our faculty and PhD students continually produce high-level research. The Chicago Booth Review frequently highlights their contributions in economics.

To Keep Students Focused, Try Paying Their Parents

A study of subsidized training programs and incentives. Research from Hamna Ahmed (Lahore School of Economics), Zunia Tirmazee (Lahore), Rebecca Wu (UChicago PhD), and Emma Zhang (Chicago Booth PhD), suggest that including parents in decision-making may be most effective.

How Demolishing Public Housing Increased Inequity

A study by Chicago Booth's Milena Almagro, Eric Chyn (University of Texas), and Bryan A. Stuart (Federal Reserve Bank of Philadelphia) investigate what happened to Chicago's public housing system and find that demolishing public housing increased inequality.

Why Medical Tourism Could Be Good Policy

Rather than investing in putting more medical facilities in remote areas, it could be more effective to pay for patients to visit healthcare facilities, according to research by Chicago Booth's Johnathan Dingel, Joshua D. Gottlieb (UChicago Harris School), Maya Lozinski (Harris PhD) and Pauline Mourot (Chicago Booth PhD). 

NBER Dissertation Fellowship in Consumer Financial Management

The National Bureau of Economics (NBER) awarded PhD Student, Benedict Guttman-Kenney, a dissertation fellowship to support his research in the economics of credit information.

Inside the Booth PhD Experience

Nick Tsivanidis, PhD ’18, talks about the culture of interdisciplinary study he found at Booth.

Nick

Video Transcript

Nick Tsivanidis, ’18: 00:03 My PhD thesis was about how commute costs shape economic organization in cities. Billions of people over the next 50, 100 years, they're going to be moving into mostly developing cities. Governments are going to spend huge amounts of money on providing new infrastructure to try and accommodate them. My project had both macro and applied micro elements. One of the benefits of Booth is that you have access to people from a wide range of areas who are very happy to encourage you to work on interdisciplinary topics.

Nick Tsivanidis, ’18: 00:38 I've always been interested in development and in particular how cities and countries can use evidence-based policy to try and improve welfare of their citizens. I've decided that pursuing a PhD would allow me to research and help translate that research into policy. What attracted me to the PhD program here at the University of Chicago Booth School of Business was this culture of interdisciplinary study. People at Chicago certainly aren't scared or will shy away from trying to think at the intersection of different areas. This is where a lot of very fruitful and productive new research actually takes place, which is at the border of frontiers. That really attracted me to come here.

Current Economics Students

From the effects of government regulation on economies to the impact of urban transit infrastructures, our PhD students examine a wide range of economic issues. When they graduate, they go on to positions at some of the top universities and companies in the world.

Current Students

Franco Calle

Emily Crawford

Paulo Henrique de Alcantara Ramos

Camille Hillion

Tyler Jacobson

Nidhaanjit Jain

Lucy Msall Jeffrey Ohl

Fern Ramoutar

Pengyu Ren Gabriele Romano

Jorge Tello Garza

Emily (Emma) Zhang

Program Expectations and Requirements

The Stevens Doctoral Program at Chicago Booth is a full-time program. Students generally complete the majority of coursework and examination requirements within the first two years of studies and begin work on their dissertation during the third year. For details, see General Examination Requirements by Area in the Stevens Program Guidebook below.

Download the 2023-2024 Guidebook!

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Applying to the PhD Program

Doctoral student studying and taking notes.

What you need to know to apply

If you are intellectually curious and like to be challenged by new ideas and experiences, consider a Kellogg PhD. Our students shift from being consumers of knowledge to being producers of new knowledge. Through their publications and teaching, Kellogg graduates contribute to business practice and society.

Preparing to apply

Each year, Kellogg receives over 850 applications to its eight PhD programs. On average 25 students enroll each fall.

PhD study requires strong quantitative skills to develop theories and manage and analyze data. This program is especially well suited to those who have previously studied social sciences (such as economics, political science, psychology and sociology), mathematics, natural sciences or engineering.

To be eligible for admission, you must hold a U.S bachelor’s degree — or a comparable non-U.S. degree — from a regionally accredited institution. You may be considered for admission before you finish your undergraduate degree, but you must complete that degree before you enroll at Kellogg. A three-year bachelor’s degree is also accepted.

Application review

During the admissions process, we will evaluate your application file and how your research interests align with the research expertise of our faculty. Also included in our review is the strength of your recommendation letters, academic record, and performance on standardized tests. Your application will help us understand if you are ready to seize all the opportunities that come with joining Kellogg.

Our faculty will assess your:

  • Application responses

Transcripts

  • Test scores
  • Letters of recommendation
  • Writing sample (optional)

For international candidates, the committee also assesses:

  • English language proficiency 

Master’s degree holders

A master’s degree is not required for enrollment in our PhD programs. For applicants with a master’s degree, note that the coursework taken in a master’s program will not shorten your time to degree. No transfer credit is provided with a master’s and students must satisfy their PhD coursework requirements in full while studying at Kellogg.

Opportunities for collaborative research across programs and schools at Northwestern University are always available; interdisciplinary research is our strength. However, Northwestern permits applicants to apply to one PhD program a year .

There is an exception through the dual application option with the Economics PhD Program, which is outlined below.

Academic experience

The Kellogg PhD Program offers eight distinct areas of focus, each with varying types of experience that are needed for success.

Economics-based PhD programs

  • These include Accounting Information & Management, Finance, Financial Economics, Managerial Economics & Strategy, Operations Management, and Marketing (quantitative area)
  • Evidence of solid training in math, econometrics and statistics within the application
  • Recommended math courses include calculus, linear algebra, probability and mathematical statistics

Behavioral/Sociological-based PhD programs

  • These programs include Marketing, Management & Organizations, and a joint program between Management & Organizations & Sociology
  • Evidence of statistics for social scientists and quantitative thinking, as well as a strong understanding of central concepts of probability and statistics
  • Background in social psychology and sociology

Dual application with Weinberg Economics

Applicants seeking to enroll in an economics-based doctoral program have the option to submit a second application for review to the Economics PhD Program. Kellogg PhD programs participating in this dual application option include, Accounting Information & Management, Finance, Managerial Economics & Strategy and Marketing (quantitative area).

More details about this option are available on The Graduate School website.

Financial aid

Kellogg offers a five-year financial aid package to all admitted doctoral students that includes a stipend, tuition scholarships, health insurance, moving allowance and a subsidy to purchase a computer.

Contact CollegeNET Technical support for help with its online application .

Get a sense for Kellogg faculty expertise, academic research and published work.

  • Faculty directory
  • Northwestern Scholars database
  • To apply for a Kellogg PhD, you will need an updated version of your resume or CV, transcripts from all academic institutions, test scores, an academic statement, a personal statement and three recommendation letters.

How to write your application

Your resume or cv.

Your resume or CV should summarize all of your qualifications, honors, educational accomplishments, and if applicable, current research papers.

Please list all schools where you were registered for courses at the college level, including community colleges, study abroad institutions and current registrations whether or not in a degree program.

Provide one transcript from each college/university you have attended that documents each course taken beyond high-school level, whether or not within a degree program. Certification of degrees received, including the date the degree was awarded, should be noted on the transcript and/or diploma. Please note:

  • The Kellogg PhD application requires unofficial transcripts . There is no need to send official transcripts prior to enrollment. Official transcripts are needed only if you decide to enroll
  • For applicants who studied at international institutions, transcripts must be accompanied with an official English translation, if applicable

Form for courses taken

The Courses Taken form lets anyone applying to our economics-based programs highlight advanced university courses that directly support their chosen field of study and proficiency in the subject matter. The form allows for up to six advanced courses in each specific area. If you cannot access our form, you may create and upload a form that contains the same information in applicable areas of study.

Download the following forms if you plan to apply to one of these programs. Forms are required with your application submission:

  • Accounting Information & Management
  • Financial Economics
  • Operations Management

If you plan to apply to either of these programs, we highly recommend you fill out one of these forms:

  • Managerial Economics & Strategy
  • Marketing (quantitative)

Standardized tests

All applicants are required to submit either the GRE or the GMAT regardless of previous experience and/or advanced degrees. We take a holistic approach to the application-review process, meaning there is no minimum score required for eligibility. Test scores are reviewed within the context of the entire application.

GRE required for:

  • Management & Organizations & Sociology

GRE or GMAT required for:

  • Management & Organizations

The Finance program prefers the GRE, but will accept the GMAT.

The GRE At Home and the GMAT Online exams are accepted. GRE and GMAT scores are valid for five years from the date taken. The institution code for GMAT is: 6WZ-3J-54 (PhD Program, Kellogg). The institution code for GRE is: 1565 (Northwestern Graduate School).

Unofficial test score reports are used during the application review process; however, official GRE and GMAT test scores are required if admission is recommended.

English language proficiency tests

If your native language is not English, The Graduate School requires that you certify proficiency in the English language in one of the following ways:

If your native language is not English, Northwestern requires that you certify proficiency in the English language in one of the following ways:

  • TOELF:  We accept 600 or higher on the paper-based exam, 250 or higher on the computer-based exam, or 100 or higher on the Internet-based exam. TOEFL scores through at-home testing service are accepted. The TOEFL institution code is: 1565 (The Graduate School)
  • IELTS:  Unofficial score report, submitted at the time of application, for the International English Language Testing System (IELTS) . The IELTS Academic test must be taken no more than two years before the intended quarter of entry (fall quarter). IELTS test takers should score 7.0 or higher. IELTS scores submitted through its at-home testing service are accepted
  • MET:  We accept Michigan English Test scores of 70 or higher
  • Earning an undergraduate or graduate degree from an accredited institution where the language of instruction is English. Please note, Kellogg provides the waiver after an application is submitted and transcripts have been reviewed. No additional documentation is required. Applicants will see the waiver noted within their online account
  • Automatically Waived:  Applicants that are citizens from the following countries where English is the native language will have the requirement automatically waived upon submission of the application (Australia, Barbados, Bermuda, Great Britain, Gibraltar, Israel, Jamaica, New Zealand, Puerto Rico, Virgin Islands)

Standardized exams must be taken no more than two years before the intended quarter of entry. Unofficial scores are used during the review process. Official test scores are required only if admission is recommended.

DuoLingo or TOEFL Essentials are not accepted. Kellogg does not require the Test of Spoken English (TSE).

This is your opportunity to share the depth and breath of your academic education. In addition to the tactical and practical elements, think about how each experience helped you grow into the candidate you are today.

Academic statement 

You have a max limit of 1,000 words to answer the following questions:

  • What are your academic interests, and why do you wish to pursue graduate studies in this specific program?
  • How has your academic and professional background prepared you for graduate study? (Include any research, training, or educational experiences that align with the program you are applying to)
  • How will our program help you achieve your intellectual and professional goals?
  • What scholarly questions do you wish to explore in the program? (Make sure to include any specific faculty members whose research interests align with your own)

Personal statement 

Write a statement that addresses the following prompt (500 words max):

The Graduate School values diverse backgrounds, approaches, and perspectives, understanding them as essential ingredients for true academic excellence. As a Northwestern graduate student, how would you contribute to an intellectual community that prioritizes equity, inclusion, belonging and cultural humility?

Your answer may draw upon past or present experiences, whether in academic work, extracurricular or community activities, or everyday life.

While a paper is not required for admission to Kellogg’s PhD programs, the Sociology Department does require one, where the applicant is the sole-author, for consideration to the joint program in Management & Organizations and Sociology.

We do not require a writing sample to be submitted with the application; however, you may include one writing sample (30-page maximum) with your application. Hyperlink this paper and any other papers you have on your resume. *Please note: Only one writing sample will be reviewed. Do not upload more than one paper.

We require three letters. Additionally, we ask all recommenders to include Northwestern University’s Graduate Applicant Assessment Form found within the application. Recommendation letters from professors or instructors could include:

  • A description of the nature of your relationship. Did you take one or more classes with the professor?
  • A description of a research project or honors thesis, discussing the quality of the work, technical and writing skills, research methods used, data analysis, originality, depth of research undertaken, questions/problems raised, contribution to the field, etc.
  • The letter should also provide a ranking — how you compared to other students

Recommendation letters from employers and business associates could include:

  • Insights into your aptitude, character and working style — ability to work on your own, self-starter, complete a project on time, etc.
  • Any research or data analysis you have done within the scope of your work

All letters must be submitted online through our web-based application, CollegeNET . Directions for uploading letters and accessing the Graduate Applicant Assessment Form will be sent to recommenders once the applicant has entered the contact information within the application. We are not able to accept recommendation letters by email.

A $95 non-refundable fee must be paid by credit or debit card within the online application. For those participating in the dual application option with the Economics PhD Program, the application fee is $175. The Graduate School (TGS) at Northwestern University administers the fee waiver program. If you wish to be considered for a fee waiver, please refer to The Graduate School’s website on Application Fees .

After you submit

You’ve invested time, energy and resources into completing your application, so no doubt you’ll want confirmation that your application was received. And we want you to have that peace of mind, too.

So, once you submit your application, you can log back into CollegeNet at any time to view the status and double check that all sections were successfully completed.

We welcome anyone who is interested in reapplying to the doctoral program. Additional time can frequently further cement your research goals and application strength. However, we are unable to provide specific application feedback if you applied in the past.

All candidates can reapply in future years, but you must submit a new application, supporting documents and application fee.

Application dates and deadlines

Application deadline Decision released
Round 1 Dec. 15, 2024

Application questions? We’re here to help

phd economics chicago booth

  • Introduction
  • Article Information

Sum of unique quality measure among value-based care contracts in primary care physicians’ patient panels (n = 890 physicians). A unique quality measure is, for example, share of patients with blood pressure under 140/90 mm Hg. If the same metric appeared in multiple contracts, it was counted once. Vertical lines represent the mean number of quality measures per physician: 54.8, 64.1, and 52.4 in 2020, 2021, and 2022 respectively.

eMethods. Sample and Attribution of Patients to Physicians

Data Sharing Statement

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Boone C , Zink A , Wright BJ , Robicsek A. Value-Based Contracting in Clinical Care. JAMA Health Forum. 2024;5(8):e242020. doi:10.1001/jamahealthforum.2024.2020

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Value-Based Contracting in Clinical Care

  • 1 Booth School of Business, University of Chicago, Chicago, Illinois
  • 2 Providence Research Network, Portland, Oregon

Value-based contracts are popular for quality improvement in primary care despite mixed evidence of their effectiveness. 1 - 3 Explanations for their underperformance include complexity of health care, misalignment of measures, and inadequate financial incentives. 1 - 3 Another potential unexplored factor is volume of quality measures, especially if clinicians face multiple contracts featuring different quality measures and reporting requirements. We quantified the number and diversity of quality measures and value-based contracts faced by primary care physicians (PCPs).

We obtained employment contract data on PCPs continuously employed by an integrated health system from 2020 to 2022 along with payer contracts associated with their attributed patients. Patients who interacted with the health system in the previous 2 years were attributed to 1 PCP annually and linked to a payer contract based on their insurance plan at year end (eMethods in Supplement 1 ). The Providence Research Network Institutional Review Board approved the study and waived informed consent because it was not considered human participant research. We followed the STROBE reporting guidelines.

Payer contract data included type (commercial, Medicaid, or Medicare), incentivized process- or outcome-based quality measures, and Health Care Payment Learning & Action Network (HCPLAN) category. 4 HCPLAN categories 2C, 3A, and 3B were considered value-based contracts.

We measured the number of unique value-based contracts and quality measures per physician-year based on their assigned patients. Quality measures were considered distinct if they referenced different conditions, and measures for the same condition were considered distinct if the value differed (eg, hemoglobin A 1c <8% vs <9% [to convert to proportion of total hemoglobin, multiply by 0.01]). We conducted 2-sample t tests to assess changes in exposure to value-based contracts and quality measures across years; P  < .05 indicated statistical significance. Results were robust to excluding PCPs with small panels.

Quality measure information was missing for 29% of value-based contracts with attributed patients; thus, we reported both mean number of contracts and mean number of contracts with nonmissing quality measures per physician-year. Analyses were run with R 4.4.0 (R Core Team).

The 809 PCPs included (519 females [58.3%], 371 males [41.7%]) had a mean (SD) of 1308.71 (622.73) attributed patients and an increasing number of value-based contracts from 2020 to 2022 (9.39 to 12.26; P  < .001) ( Table ). Contracts contained a mean (SD) of 10.24 (2.66) quality measures. Physicians faced a mean (SD) 57.08 (24.58) unique quality measures across 7.62 (5.08) value-based contracts ( Table ). Distinct measures per physician ranged from 0 to 103 ( Figure ). Medicare contracts had more quality measures on average than commercial or Medicaid contracts (13.42 vs 10.07 or 5..37). The mean (SD) number of quality measures in Medicare contracts increased significantly from 13.14 (4.72) in 2020 to 15.04 (3.99) in 2022 ( P  < .001) ( Table ).

Previous research on value-based contracts suggests these models have not lived up to their potential. 1 - 3 We found saturation of the quality measure environment as a possible explanation: average physicians were incentivized to meet 57.08 different quality measures annually.

Study limitations include estimates that were likely lower bounds on PCPs’ exposure to quality measures. Physicians often face additional quality measures in their employment contracts, but our data on contracts’ quality measures were incomplete. Percentage of missing data was lower in 2021, which may explain the larger number of unique quality measures that year. Additionally, the data source was an integrated health system with multiple payers; thus, findings may not generalize to other settings.

Value-based contracting is intended to incentivize care improvement, but it is unlikely a clinician or practice can reasonably optimize against 50 or more measures at a time. Increased use of such levers may also carry unintended consequences. Clarity and salience are crucial to changing behavior, 5 and the burden of extraneous information and processes has been increasingly associated with adverse outcomes, such as physician burnout. 6 As payers increasingly shift toward value-based contracts, additional research is needed to understand how their ubiquity affects their benefits and how such contracts can be scaled sustainably for clinical care.

Accepted for Publication: May 21, 2024.

Published: August 23, 2024. doi:10.1001/jamahealthforum.2024.2020

Open Access: This is an open access article distributed under the terms of the CC-BY License . © 2024 Boone C et al. JAMA Health Forum .

Corresponding Author: Claire Boone, PhD, Booth School of Business, University of Chicago, 5807 S Woodlawn Ave, Chicago, IL 60637 ( [email protected] ).

Author Contributions: Dr Boone had full access to all of the data in the study and takes responsibility for the integrity of the data and the accuracy of the data analysis.

Concept and design: Boone, Wright, Robicsek.

Acquisition, analysis, or interpretation of data: All authors.

Drafting of the manuscript: Boone, Zink, Wright.

Critical review of the manuscript for important intellectual content: All authors.

Statistical analysis: Boone.

Obtained funding: Robicsek.

Administrative, technical, or material support: Wright, Robicsek.

Supervision: Wright, Robicsek.

Conflict of Interest Disclosures: Dr Boone reported receiving a grant from the National Institute on Aging of the National Institutes of Health. No other disclosures were reported.

Data Sharing Statement: See Supplement 2 .

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Applied Machine Learning Pre-doctoral Research Professional Application

Are you contemplating a phd and interested in economic or social science applications of machine learning you might be a good fit for our pre-doc position. .

The Center for Applied Artificial Intelligence is inviting applications from research-oriented individuals interested in addressing a range of socially-rooted problems. We apply an ever-growing suite of machine learning methods to find innovative solutions to a range of real world problems: we have worked to quantify and reduce discrimination against Black patients in healthcare algorithms, explain drivers of bias in the US judicial system, and to assist cardiologists in identifying patients at critical risk of death using multi-modal medical data. Our present toolkit includes CNNs for prediction, transformers for feature encoding, GANs for generation and multi-level Bayesian models for latent trait estimation. We use these cutting-edge technologies to advance empirically robust social-scientific inquiries and contribute to foundational elements in socio-economic research that is grounded in the human world around us. If this sounds exciting, we want to hear from you! .

Opportunities we offer

Research professionals contribute to our work at every level, developing their research capabilities with leading names in relevant fields. Our research professionals have the chance to:

  • Work with faculty like Sendhil Mullainathan (CAAI Faculty Co-Director), Sanjog Misra (CAAI Faculty Co-Director),  Jens Ludwig (UChicago Crime Lab), Ziad Obermeyer (Berkeley School of Public Health), Ashesh Rambachan (MIT Economics), and others.
  • Engage directly in the research process and critical thinking required of academic researchers. Some examples of our research can be found in Science and the QJE .
  • Receive academic advice in preparation for a PhD. Past pre-doctoral fellows from Booth have been accepted to a range of prestigious PhD programs.
  • Implement complete project pipelines covering data processing, machine learning, and statistical inference.

People we hire

We are looking for applicants who:

Will have a bachelor’s or master’s degree in a relevant field by mid 2024.

Are considering pursuing a PhD, enough to invest in or explore that interest, whether in economics, social science, data science, computer science, or some other related field. (If this doesn’t apply to you, but the other points do, get in contact! We have other positions available.)

Can write Python or R code for statistical analysis or machine learning.

Are analytically minded, detail-oriented, and a great communicator.

To apply, please respond to this job posting and complete this application form   by October 20 for priority review .  Applicants will be asked to complete a small initial assessment task and potentially a short screening call. A subset of applicants will then be asked to complete a larger assessment task. Finally, we will conduct two to three interviews before making final offers in December.

If you have specific questions or are just interested in learning more, you are welcome to reach out to us directly with questions . Alternatively, you can check out PREDOC.org to learn more about predoctoral fellowships generally and find resources. 

We look forward to hearing from you!

Below, we’ve included some of the other questions that we get asked often. If your question is missing, feel free to email us directly!

What is a Pre-doctoral Fellowship?

Pre-doctoral fellowships are an opportunity to work directly with faculty and experience research projects first hand for two years, before applying for a PhD. Our pre-doctoral fellows design and implement entire research pipelines, from data processing, to model development and evaluation, to summarizing and presenting results. In addition, fellows are able to connect with visiting experts and external collaborators, attend interactive seminars with University faculty, and participate in joint lab meetings, collaborating with and learning from other research teams. For more information about pre-doctoral fellowship positions in general, including their benefits, help on applying, and even a thorough listing of other similar opportunities, we recommend visiting predoc.org . For more information about a pre-doctoral fellowship at the Chicago Booth School of Business, refer to the information session link above.

What is the Center for Applied Artificial Intelligence?

We are a research center at the University of Chicago Booth School of Business. Our research lab includes principal researchers, pre-doctoral fellows (one of which could be you), part-time research assistants, designers and developers: you can find members of our team here . We use our diverse skills to create, publish and share some of the best and most exciting research in economics and social science. We value academic excellence, high-quality academic research and the ability to improve the world around us. You can read more about the team on our website: https://www.chicagobooth.edu/caai.

What research does the Center for Applied Artificial Intelligence do?

Our research focuses on using machine learning with impact. This means taking some of the most sophisticated tools from computer science, statistics, machine learning and AI, and applying them to a range of challenging problems. Here are some problems our pre-doctoral fellows have worked on:

  • We use machine learning to study the choices of medical professionals deciding whether to test for heart attacks in their patients. This work identified two inefficiencies: predictably low-risk patients are tested with little benefit, while predictably high-risk patients are left untested, and suffer adverse health events. By comparing algorithmic predictions to the decisions made by doctors, we can suggest several sources of error, which you can read about in this recent paper in the Quarterly Journal of Economics .
  • We apply a notoriously biased algorithm, facial recognition, for a good purpose. Human decision-makers can rely on faces, even when they ought not to. Using data collected by the CAAI, we trained a face-algorithm that uncovers biases in how people make such choices. You can see an early recorded presentation of this work on YouTube.
  • Our recent paper in Science studied a widely-used health care algorithm that affects decisions on nearly a hundred million patients in the US. We found this algorithm had significant racial bias - Black patients were rated as lower risk than equally healthy White patients. We have now begun creating a fix for this algorithm and are working with systems to implement fixes.

Who are some of your collaborators?

Here are some researchers we’ve worked with in the past or are currently working with:

  • Jens Ludwig, UChicago Crime Lab
  • Ziad Obermeyer, Berkeley School of Public Health
  • Jon Kleinberg, Cornell University
  • Kate Baicker, Harris School of Public Policy
  • Jure Leskovec, Stanford University
  • Mukund Sundararajan, Google
  • Emma Pierson, Cornell Tech
  • Himabindu Lakkaraju, Harvard Business School
  • Devin Pope, Chicago Booth
  • Oeindrila Dube, Harris School of Public Policy

What sort of candidates do you look for?

We are looking for candidates with a strong academic record, and an interest in pursuing research excellence in the future. Candidates must have:

  • A bachelor’s or master’s degree in computer science, statistics, data science, economics or a closely related field. Applicants must have either graduated from such a program, or intend to graduate by mid 2022.
  • Some interest in a PhD, enough to invest in or explore that interest, whether in economics, social science, data science, computer science, or another related field.

Candidates should excel in one of these skills, and want to learn about the others:

  • Data science, mathematics, or statistics: do you know about a variety of models such as linear regressions, binary trees, or convolutional neural nets? Have you built a pipeline that tackled a big hairy dataset? Do you know when to use splines or regularization?
  • Economics or social science: do you know what a regression discontinuity is? Have you had experience from a project or class applying economic ideas and seeing the subtleties of social data?
  • Computer science: do you have some expertise in either a single methodology (e.g. convolutional nets or generative models) or a single modality (such as images or language)? Have you designed custom architectures for to solve complex real-world machine learning problems?

What if I don't know how to do deep learning?

Experience training deep learning models is valued, but isn’t required to apply. Many of our pre-doctoral fellows have developed their model training skills since joining the team. If learning how to train a CNN sounds interesting, and you think you would be able to develop the skill, then we encourage you to apply.

What are your previous pre-doctoral fellows doing now?

Our most recent pre-doctoral fellows have secured PhD positions at Harvard, Berkeley, Carnegie Mellon, and here at the University of Chicago.

Who can apply?

We value diverse perspectives and experiences, and we especially encourage those from non-traditional backgrounds to apply.

Do you sponsor visas?

We have sponsored Visas in the past and encourage international applicants to apply. We evaluate all candidates equally regardless of where they are applying from.

Is this position in-person?

Yes, this position is in-person hybrid. Successful applicants are expected to join the team on the University of Chicago campus in Hyde Park and follow the current work location policies outlined by Chicago Booth.

Should I apply now or later?

We recommend applying for the first round of hiring if possible. If you miss the first deadline, we will consider your application for the spring hiring round. If you’d like to be considered independently of these hiring periods, please reach out directly.

Can I have an extension or special consideration during the application process?

We do our best to accommodate every applicant. If you need some variation to the application timeline, simply email with your name and request and we will do our best to accommodate you.

When does this position start?

Successful applicants will generally start around July 2023. Earlier and later start times can be easily facilitated.

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