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When people buy stocks, they tend to have beliefs in place about how well the investments will perform and which ones are riskier bets. Economists would love to know what is going on in people's minds, but because that is not always possible, they instead come up with models to predict how people will behave. The models are acting as if people have certain beliefs in mind.

“In networks,” says economic theorist Teddy Mekonnen, “how you connect one person to another really matters.” When he came to Caltech as a Linde Postdoctoral Fellow, Mekonnen joined a network designed in a way he had never seen.

To call Charlie Plott an economist may be accurate, but it does not come close to doing justice to the depth and breadth of his five-decade career.

Random walks—trajectories formed by successions of random steps—have been studied for more than a hundred years as important models in physics, computer science, finance, and economics, and as interesting mathematical objects in their own right. Still, many simple questions remain unanswered, and are the subject of current research.

On October 12, The Ronald and Maxine Linde Institute of Economic and Management Sciences and the Division of the Humanities and Social Sciences hosted the second finance open house to give students the opportunity to learn about how a Caltech education fits in a finance career path.

Fifth-year social science PhD student Han Seo is interested in experimental economics and behavioral economics. While on his Linde Institute fellowship for the fall and winter terms of the 2018–2019 academic year, he is measuring the diversity of individual preferences with respect to how much they care about other people's well-being when making economic choices.

Enabled by research funding from The Ronald and Maxine Linde Institute of Economic and Management Sciences over the past year, Caltech faculty and students were able to pursue important initiatives, including but not limited to the following projects...

Organized by Assistant Professor of Economics and Mathematics Omer Tamuz, along with his colleagues Ben Golub (Harvard) and Manuel Mueller-Frank (IESE), this three-day workshop featured the latest research on social and economic networks and their connection with information economics.

The third summer of The Linde Institute’s Summer Undergraduate Startup Internship (SUSI) program gets under way this month with five Caltech undergraduates who were matched with startups in the greater Los Angeles area for unique summer internships.

For the third year in a row, The Ronald and Maxine Linde Institute of Economic and Management Sciences provided financial support to bring instruction in entrepreneurship to students in EAS.