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Topic: Sendhil Mullainathan


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In the News (Fri 25 Dec 09)

  
  Sendhil Mullainathan at IDEAS
Sendhil Mullainathan & Joshua Schwartzstein & Andrei Shleifer, 2006.
Marianne Bertrand & Esther Duflo & Sendhil Mullainathan, 2002.
Marianne Bertrand & Esther Duflo & Sendhil Mullainathan, 2004.
ideas.repec.org /e/pmu103.html   (1749 words)

  
  Sendhil Mullainathan - Wikipedia, the free encyclopedia
Sendhil Mullainathan is a Professor of Economics at Harvard University.
Mullainathan received his B.A. in Computer Science, Mathematics, and Economics from Cornell University in 1993 and his Ph.D. in Economics from Harvard in 1998.
Although he was born in a small farming village in India, Mullainathan moved to the Los Angeles area at age seven.
en.wikipedia.org /wiki/Sendhil_Mullainathan   (404 words)

  
 Faculty of Arts & Sciences: News and Events
"Sendhil Mullainathan has made pathbreaking contributions to each of his fields of study, and will be a wonderful addition to the body of Harvard researchers working at the interface of psychology and economics," said Kirby, the Edith and Benjamin Geisinger Professor of History.
Mullainathan's research interests are wide-ranging, including the setting of wages, executive compensation, racial discrimination in the labor market, public policy and social structure in developing nations, and behavioral economics of the poor.
Mullainathan is currently a MacArthur Fellow, having received a five-year "genius grant" from the John D. and Catherine T. MacArthur Foundation in 2002.
www.fas.harvard.edu /home/news_and_events/releases/mullainathan_07072004.html   (378 words)

  
 Harvard Gazette: History professor named MacArthur Fellow
Economist Sendhil Mullainathan, a post-doctoral fellow at Harvard on leave from the Massachusetts Institute of Technology faculty, was also named a MacArthur Fellow.
Sendhil Mullainathan (Ph.D. '98), a visiting scholar in the economics department, is associate professor of economics at Massachusetts Institute of Technology.
Mullainathan thinks it might be his unusual approach to economics, drawing in psychology and sociology, that got the foundation's attention.
www.news.harvard.edu /gazette/2002/09.26/01-macarthur.html   (908 words)

  
 Cents and sensibility   (Site not responding. Last check: 2007-10-11)
According to Sendhil Mullainathan, assistant professor of economics at MIT, shooting holes in economic theory is all well and good but, at its best, behavioural economics should also demonstrate how its findings matter in a practical sense.
While Mullainathan doesn't feel there is resistance by traditional economists to behavioural economists' work, he does acknowledge it can be challenging for those who once worked so hard to avoid the obvious to now change course and embrace it.
Mullainathan says that if he were a financial planner, probably the toughest thing [for him] would be to bring the basic common sense back to the process: "It's hard to get the common sense back into something when we've worked so hard to weed it out."
www.camagazine.com /index.cfm/ci_id/10970/la_id/1.htm   (1275 words)

  
 The Harvard Crimson :: News :: When Econ Met Psych
Mullainathan, a MacArthur “genius” grant recipient who taught at MIT for five years and offers his first courses at Harvard this semester, teaches Economics 1035, “Policy Applications of Psychology and Economics,” which enrolled over 70 undergraduates, as well as several graduate seminars.
Mullainathan has joined a contingent of three Economics Department professors, David I. Laibson ’88, Jeremy C. Stein, and Nicola Fuchs-Schuendeln, whose research interests involve psychology and economics, a field in economics that is still relatively new.
Mullainathan, who was born in India and lived there until he was seven years old, has focused much of his research on using behavioral economics to improve the quality of life in developing countries and poor communities in the United States.
www.thecrimson.com /printerfriendly.aspx?ref=506296   (1336 words)

  
 ETHNIC-SOUNDING NAMES DRAW FEWER CALLBACKS | Daily Policy Digest | NCPA
"White-sounding" names on job applications draw significantly more callbacks from employers than those that are distinctively "fl," according to a new study by economists Marianne Bertrand and Sendhil Mullainathan.
Some argue that fl-sounding names signal lower productivity, a different culture or a lower social status, while others argue affirmative action and the profit motive have made differential treatment a relic of the past.
To help answer this question, Bertrand and Mullainathan sent out thousands of job applications using similar, but fictitious resumes of which half were randomly assigned very white-sounding names (such as Emily Walsh) and the other very fl-sounding names (such as Lakisha Washington).
www.ncpa.org /sub/dpd/index.php?page=article&Article_ID=1114   (330 words)

  
 rediff.com: The Thinking Man's Economist
n 1984, when Sendhil Mullainathan was a child in Los Angeles, his father lost his job as an aerospace engineer at the Rockwell International Corporation.
With a colleague, Marianne Bertrand, Mullainathan explored whether people who have friends on welfare also tend to follow the same route due to their social network.
Mullainathan's teaching courses have included courses on psychology and economics, corporate finance, and consumption and investment.
www.rediff.com /news/2001/feb/27usspec.htm   (1377 words)

  
 NRIOL.COM - Snippets - NRI professor awarded 'Genius Grant'   (Site not responding. Last check: 2007-10-11)
According to a PTI report, Sendhil Mullainathan, 29, received the award for using insights from psychology and sociology in his research to better understand economic behavior and the functioning of markets.
Sendhil’s recent research found that investors tend to have expectations based on past experiences, and are slow to recognize changing economic conditions even when they are already underway.
Sendhil says he plans to use the grant money to do "something good," perhaps through a nonprofit organization in India.
www.nriol.com /content/snippets/archives/800/snippet799.html   (208 words)

  
 The Impact of Emerging Technologies: Explaining the Irrational - Technology Review   (Site not responding. Last check: 2007-10-11)
Sendhil Mullainathan and Xavier Gabaix, both in MIT's Department of Economics, and Sloan School of Management psychologist Drazen Prelec are forging into new territory.
Mullainathan's work confirmed what local newspapers had already reported: in households that included a pensioner, the windfall prompted the prime earners to stop working altogether.
In other research, Mullainathan is looking at how people form categories in their minds and what influences their formation.
www.techreview.com /articles/02/11/diop1102.asp?p=1   (419 words)

  
 rediff.com US edition: Economist Sendhil Mullainathan wins rare US honor
They are the titles of the scholarly papers Sendhil Mullainathan and his colleagues have published in the past seven years.
For over two years Mullainathan has received wide coverage in scholarly journals and reputed publications such as The New York Times for his contributions in various branches of economics, especially in the relatively new branch of behavioral economics.
Mullainathan, who has a doctorate from Harvard, draws from concepts of biology and psychology to interpret empirical economic research.
www.rediff.com /us/2002/sep/25us1.htm   (360 words)

  
 The New York Times   (Site not responding. Last check: 2007-10-11)
No single employer was sent two identical resumes, and the names on the resumes were randomly assigned, so applicants with fl- and white-sounding names applied for the same set of jobs with the same set of resumes.
Professors Bertrand and Mullainathan cannot distinguish between the models -- and both may be applicable -- but they suspect that their finding that employers in heavily fl areas of Chicago are less likely to discriminate against fl-sounding names augurs for taste-based discrimination.
A recent study found that job applicants with common fl names on their resumes were less likely to be called for an interview than applicants with common white names and the same qualifications.
www.irs.princeton.edu /krueger/names2.htm   (953 words)

  
 A Penny For...: Attention Economists: People Are Not Rational
Forbes profiles economist Sendhil Mullainathan in the current issue.
Mullainathan did some work with a bank in South Africa in developed a direct marketing campaign for short term loans.
They varied the interest rate and also varied a number of cues designed to trigger psychological responses such as a smiling photo in a corner of the letter and table that provded more- or less-information and choice.
www.apennyfor.com /movable_weblog/001861.html   (192 words)

  
 Economics prof wins MacArthur 'genius grant'
Professor Sendhil Mullainathan of economics, who uses insights from psychology and sociology to better understand economic behavior and the functioning of markets, has received a five-year $500,000 MacArthur Fellowship, known as the "genius grant."
Mullainathan, 29, who joined the MIT faculty in 1998 after he received the Ph.D. in economics from Harvard University, celebrated by treating himself to a new pair of $49.95 Alan Iverson basketball sneakers.
Mullainathan came to the United States at age 7 and was raised in Los Angeles.
stuff.mit.edu /people/adorai/genius   (441 words)

  
 Marianne Bertrand
" Marianne Bertrand, Esther Duflo and Sendhil Mullainathan; Quarterly Journal of Economics, 2004, 119(1), pp.
Pyramids; Marianne Bertrand and Sendhil Mullainathan; Working paper series WP 02-32.; Massachusetts Institute of Technology Dept. of Economics, 2002.
The Ones without Principles Are." Marianne Bertrand and Sendhil Mullainathan; Quarterly Journal of Economics, 2001, 116(3), pp.
www.lib.uchicago.edu /e/busecon/busfac/Bertrand.html   (1303 words)

  
 The Harvard Crimson :: News :: Harvard Snags MIT Ec Professor
Mullainathan said yesterday that Harvard’s emphasis on the role of psychology in economics was a major draw for him.
The acquisition of Mullainathan is a huge boon to Harvard, as Harvard and MIT’s economics departments are widely considered to be the two best in the world.
Mullainathan wrote that he hopes to combine his interest in psychology with various social issues once he gets to Harvard.
www.thecrimson.com /printerfriendly.aspx?ref=502973   (599 words)

  
 We Do It to Ourselves (The Pro Shop)| SmartMoney.com
Mullainathan: The efficient-market hypothesis says an index fund is a good idea because of low transaction costs, and because you're not going to beat the market.
Mullainathan: There are some people who have genuine idiosyncratic reasons for why they want control over their Social Security...But the bulk of the population is not comfortable with making the choice.
Mullainathan: What I see as a mistake with people is with the biggest investment they have — their house.
www.smartmoney.com /theproshop/index.cfm?story=20041223   (2083 words)

  
 The Market for News
Mullainathan acknowledges that competition is good at providing people with what they want, at a lower price.
Mullainathan draws the analogy of a long beach occupied by swimmers enjoying the sun.
For the average consumer, who takes in but one source of news, competition “tends to polarize beliefs, and increases the slanting of individual media sources, and the bias of the average reader,” the authors write.
www.harvard-magazine.com /on-line/010670.html   (758 words)

  
 Harvard Gazette: Psychology of economics
Titled "Action Research in Psychology and Economics," the conference - held at the Harvard Law School on Friday and Saturday (March 4 and 5) - was the first major event to be sponsored by Harvard's new Institute for Quantitative Social Science.
Developed by Harvard Professor of Economics Sendhil Mullainathan and psychology professor Tim Wilson of the University of Virginia, the conference demonstrated how methods from psychology and economics can combine to achieve common research goals.
Bertrand and Shafir are collaborating with Mullainathan on a study of how psychological factors influence an individual's decision to apply for a bank loan.
www.news.harvard.edu /gazette/2005/03.10/09-econ.html   (1016 words)

  
 washingtonpost.com: Hire That Name   (Site not responding. Last check: 2007-10-11)
Sadly, you probably guessed it: Emily and Brad were 50 percent more likely to get a callback than Lakisa and Leroy -- a huge disparity that surprised even the two economists who conducted this test of labor market discrimination.
Marianne Bertrand of the University of Chicago School of Business and Sendhil Mullainathan of MIT sent 5,000 fake résumés in response to 1,300 help-wanted ads that ran in newspapers in Boston and Chicago.
Mullainathan and Bertrand also found that race skewed the apparent value of a glittering résumé.
www.washingtonpost.com /ac2/wp-dyn/A14097-2003Aug2?language=printer   (983 words)

  
 The Omega Nihility Cortex :: January :: 2003   (Site not responding. Last check: 2007-10-11)
Sendhil Mullainathan of MIT and Marianne Bertrand of the University of Chicago conducted a study between July 2001 and May 2002 in which they responded to 1,250 job advertisements in Boston and Chicago.
Mullainathan and Bertrand were told by many professionals, "Oh yes, you'll see discrimination all right---reverse discrimination!" However, this is not what they found.
For more on this study, you can read the New York Times piece by Alan Krueger over on J Bradford DeLong's blog, or you can listen to the Tavis Smiley show segment [RealAudio] (which includes an interview with Dr.
www.morgandeters.com /blog/index.php?m=20030123   (512 words)

  
 The Harvard Crimson :: News :: Harvard Seeks MIT Professor of Economics
The Harvard Department of Economics is currently wooing MIT Professor Sendhil Mullainathan, one of the world’s top young economists, to join its faculty.
Mullainathan is currently a MacArthur Fellow, garnering him a $500,000 so-called “genius grant” paid out quarterly over five years.
Laibson said that several economics professors are currently working hard to convince Mullainathan to make the trip down the river, but Mullainathan has not yet accepted the offer for tenure at Harvard.
www.thecrimson.com /printerfriendly.aspx?ref=502636   (579 words)

  
 Too Much: Common Nonsense ... from the Apologists for Privilege, Summer 2000
Bertrand and Mullainathan define "luck" as any significant change in a firm's performance beyond a CEO's control.
Bertrand and Mullainathan studied CEO pay in the oil industry _ and lots of other industries as well _ over the course of the 1980s and 1990s to see if luck impacted executive pay and, if so, by how much.
The most complete write-up of the research by Bertrand and Mullainathan is available from the National Bureau of Economic Research.
www.cipa-apex.org /toomuch/00summer/00summer_nonsense.html   (504 words)

  
 Study: Higher cigarette taxes could lead to happier smokers - Apr. 23, 2002
The paper was published recently on the Web site for the National Bureau of Economic Research, which is most famous for setting the dates of economic expansions and recessions in the United States.
Gruber and Mullainathan's study found that each 10-cent increase in taxes could lead to a 6-percent decline in smoking.
And the data studied by Gruber and Mullainathan did demonstrate that smokers tended to be less educated and were more likely to be unemployed than non-smokers.
money.cnn.com /2002/04/23/news/economy/smoking_tax   (528 words)

  
 Ethics Newsline from the Institute for Global Ethics   (Site not responding. Last check: 2007-10-11)
Marianne Bertrand of the University of Chicago Graduate School of Business and Sendhil Mullainathan from the Massachusetts Institute of Technology conducted the study by using fictitious applicants for real jobs.
Using 5,000 nearly identical résumés that should qualify their fictional applicants for advertised jobs, the researchers did not indicate the race but used names chosen from a survey of actual birth certificates.
The authors say that the results are attributable solely to the one factor isolated in their experiment: name manipulation, noted the AP.
www.globalethics.org /newsline/members/printfriendly.html?id=01200316484115   (273 words)

  
 Mullainathan mulls psychology, finance - MIT News Office
The study of financial markets without use of psychological tools can be dull; "adding psychology offers some fascinating insights," said Assistant Professor of Economics Sendhil Mullainathan in a January 19 Spark Forum talk, "The Psychology of Financial Markets."
In the beginning were "chartists -- guys in the 1930s and 1940s who looked at patterns in prices and made trades" based on those curves, he said.
But psychology can dramatically affect how people behave in relation to financial markets, and it may help predict how markets will behave, Professor Mullainathan said.
web.mit.edu /newsoffice/2000/finance-0126.html   (268 words)

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