Objective The application's unifying theme is cognition. Any decision reflects the information that comes to the decision-maker's awareness at the moment of making the decision. In turn, this information is the stochastic outcome of a sequence of more or less conscious choices and of awareness manipulation by third parties. The three parts of this application all are concerned with two factors of limited awareness (cognitive costs and motivated beliefs) and with the application of imperfect cognition to economics. The various projects can be subsumed into three themes, each with different subprojects: 1. Self-serving beliefs, laws, norms and taboos (expressive function of the law, taboos, dignity and contracts). 2. Cognition, markets, and contracts (mechanism design under costly cognition, directing attention in markets and politics). 3. Cognition and individual decision-making (foundations of some non-standard preferences). The methodology for this research will be that of formal economic modeling and welfare analysis, enriched with important insights from psychology and sociology. It will also include experimental (laboratory) investigations. The output will first take the form of a series of articles in economics journals, as well as, for the research described in Part 1, a book to disseminate the research to broader, multidisciplinary and non-specialized audiences. Fields of science social sciencessociologysocial scienceseconomics and businesseconomicssocial sciencespsychologysocial scienceslaw Programme(s) FP7-IDEAS-ERC - Specific programme: "Ideas" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) Topic(s) ERC-AG-SH1 - ERC Advanced Grant - Individuals, institutions and markets Call for proposal ERC-2009-AdG See other projects for this call Funding Scheme ERC-AG - ERC Advanced Grant Host institution FONDATION JEAN JACQUES LAFFONT,TOULOUSE SCIENCES ECONOMIQUES EU contribution € 1 910 400,00 Address 5E ETAGE, 1 ESP DE L'UNIVERSITE 31080 Toulouse France See on map Region Occitanie Midi-Pyrénées Haute-Garonne Activity type Research Organisations Principal investigator Jean Tirole (Prof.) Administrative Contact Celine Claustre (Ms.) Links Contact the organisation Opens in new window Total cost No data Beneficiaries (1) Sort alphabetically Sort by EU Contribution Expand all Collapse all FONDATION JEAN JACQUES LAFFONT,TOULOUSE SCIENCES ECONOMIQUES France EU contribution € 1 910 400,00 Address 5E ETAGE, 1 ESP DE L'UNIVERSITE 31080 Toulouse See on map Region Occitanie Midi-Pyrénées Haute-Garonne Activity type Research Organisations Principal investigator Jean Tirole (Prof.) Administrative Contact Celine Claustre (Ms.) Links Contact the organisation Opens in new window Total cost No data
