The Netherlands Organisation for Scientific Research (NWO) has awarded associate professor Aurélien Baillon from the Department Applied Economics at Erasmus School of Economics a Vidi grant. Besides Baillon two other researchers of Erasmus University Rotterdam receive a VIDI grant, namely Dr Dimitris Rizopoulos and Dr Jurgen Marteijn of Erasmus MC.
The Vidi grant of up to 800,000 euros is awarded to researchers who, after obtaining their doctorate, have conducted research successfully for a number of years. This Vidi grant enables Aurélien Baillon to conduct his research for five years.
NWO selects Vidi laureates based on the quality of the researcher, innovative character of the research, expected scientific impact of the research proposal and possibilities for knowledge usage. These academics are among the top ten to twenty percent in their field.
Rational expectations beyond
Do people have perfect (rational) expectations about their future, as economists usually assume? The research of laureate Aurélien Baillon focuses on the actual expectations of people. This leads to a better understanding of why people do too much in buying insurances and saving too little for retirement.
Aurélien Baillon is Associate Professor in Behavioral Economics. Aurelien's work focuses on individual decision making under risk and ambiguity. In 2010 Aurélien Baillon received a VENI grant of NWO.
Dean Philip Hans Franses of Erasmus School of Economics delighted with the performance Aurélien Baillon.