Agent-based computational economics, Economics of Migration, Behavioral Macroeconomics, Networks
Opinion Dynamics, Climate Change, Economics, Behavioral Decision Making
Management of Water Resources Conflicts in Halil-Rud River Basin: Application of Integrated Economic- Hydrological- Behavioral Model
Graduate studies in mathematical behavioral sciences, with focus on developing cognitively plausible agent models for simulation of economic problems.
I am Professor in Computational Resilience Economics at the University of Twente (the Netherlands), which I joined in 2010. In September 2017 I also joined University of Technology Sydney (Australia) as Professor of Computational Economic Modeling working with spatial simulation models to study socioeconomic impacts of disasters and emergence of resilience across scales. I was honored to be elected as a Member of the De Jonge Akademie of the Royal Dutch Academy of Sciences (DJA/ KNAW in 2016) and of Social Sciences Council (SWR/KNAW in 2017). From 2009 to 2015 I have been working part-time as an economist at Deltares – the leading Dutch knowledge institute in the field of water management – specializing in economics of climate change, with focus on floods and droughts management.
I am interested in the feedbacks between policies and aggregated outcomes of individual decisions in the context of spatial and environmental policy-making. The issue of social interactions and information diffusion through networks to affect economic behavior is highly relevant here. My research line focuses on exploring how behavioral changes at micro level may lead to critical transitions (tipping points/regime shifts) on macro level in complex adaptive human-environment systems in application to climate change economics. I use agent-based modelling (ABM) combined with social science methods of behavioral data collection on individual decisions and social networks. This research line has been distinguished by the NWO VENI and ERC Starting grants and the Early Career Excellence award of the International Environmental Modeling Society (iEMSs). In 2018 I was invited to serve as the Associate Editor of the Environmental Modelling & Software journal, where I have been a regular Member of the Editorial Board since 2013.
Three fields interest me in research: the study of market from a behavioral point of view, focusing on loyalty, trust, quality convention; then the study of institutions, their dynamics and the predictions/diagnostics that can be made following Ostrom’s IAD framework; eventually discussions on epistemology and validation about ABM.
I received a Ph.D. in Economics at the University of Namur (Belgium) in June 2012 with a thesis titled “Essays in Information Aggregation and Political Economics”.
After two years at the Research Center for Educational and Network Studies (Recens) of the Hungarian Academy of Sciences, I joined the Department of Economics “Marco Biagi” of the University of Modena and Reggio Emilia in January 2015 and then the Department of Agricultural and Food Sciences of the University of Bologna.
I am currently a Lecturer in Financial Computing at the Department Computer Science (Financial Computing and Analytics group) - University College London. Moreover I am an affiliated researcher of the DYNAMETS - Dynamic Systems Analysis for Economic Theory and Society research group and an affiliate member of the Namur Center for Complex Systems (Naxys).
My research interests concern the computational study of financial markets (microstructure, systemic properties and behavioral bias), of social Interactions on complex networks (theory and experiments), the evolution of cooperation in networks (theory and experiments) and the study of companies strategies in the digital economy.
Water scarcity generated by climate change and mismanagement, affects individual at microlevel and the society and the system at a more general level. The research focuses on irrigation system and their robustness and adaptation capacity to uncertainty. In particular it investigates the evolution of farmers interactions and the effectiveness of policies by means of dynamic game theory and incorporate the results into an Agent Based Model to explore farmers emergent behaviors and the role of an agency in defining policies. Early knowledge of individual decision makers could help the agency to design more acceptable solutions.