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הרצאתו של אדם הייז על  “A Feel for the Game: Economic Dispositions as Micro-Foundations of Inequality" | המחלקה לסוציולוגיה ולאנתרופולוגיה

הרצאתו של אדם הייז על  “A Feel for the Game: Economic Dispositions as Micro-Foundations of Inequality"

תאריך: 
ד', 16/12/202018:00-19:30
אדם הייז ירצה על 
“A Feel for the Game: Economic Dispositions as Micro-Foundations of Inequality"
יום רביעי, 16.11.20  18:00-19:30 
קישור לזום - https://tinyurl.com/huji-socio6
 

 

Abstract People make economic decisions for themselves all the time—insular decisions that are made entirely for and by one’s own self. Conceivably, the life chances and individual outcomes of those people who are more inclined to systematically make relatively “beneficial” economic judgments for themselves will begin to differ and diverge from those who regularly make “detrimental” ones—as the consequences from financial decisions, large and small, compound over time. In this project, I draw on Pierre Bourdieu’s dispositional theory of practice to understand economic dispositions that tend to promote “beneficial” vs. “detrimental” (i.e. “irrational”) economic behavior. My empirical study looks to one’s composition of economic vs. cultural capital in explaining heterogeneity in individual-level loss aversion, a canonical example of an otherwise cognitive bias in behavioral economics. In doing so, I reveal that composition of capital does, indeed, influence individual economic choice, and with striking gender differences.

 

Bio Adam Hayes is a Ph.D. candidate in sociology at the University of Wisconsin–Madison. His research seeks to uncover novel sociological insights about what drives economic behavior and financial decision making in modern society, pushing beyond the psychological focus of behavioral economics. Through the application of sociological theory and both quantitative and qualitative empirical methods, his work helps better understand both apparently “rational” and “irrational” economic action and how social forces bear on personal financial decisions, and how individual economic decisions can become microfoundations of inequality. His work also seeks to understand how financial technologies that promote rational outcomes and embody behavioral economics as a disciplinary tool craft Homo economicus in the real world, and the consequences this may have on individuals, markets, and society at large. Adam’s published research appears in leading outlets, including recent articles in Social Forces, Sociological Theory, Socio-Economic ReviewEconomy and Society, Finance and Society, and Theory, Culture and Society.