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non-zero-sum games increases with the average intelligence of the group. His works identifies the pathways of the effect in the reduction of errors in the implementation of strategies. According to his research, intelligence operates through the effectiveness of working memory; cooperation in turn is the outcome more of cognitive ability than social preferences. He has also shown that when groups of different intelligence meet cooperation increases in groups of lower intelligence.
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traits on economics preferences, and the effects of cognitive and non-cognitive skills on economic behavior and success. He also studied the behavioral foundation of interdependent preferences and focused on establishing an axiomatic foundation that provided a link between observation of choices and a convenient functional representation. His study highlighted the
Festinger's view and Veblen's view regarding the nature of interdependent preferences.
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study revealed that the influence of social comparison on the decision process was mediated by the interplay between reward and social reasoning networks. He also studied the merit principle and the causes of social reward differences encoded in human brain. He also investigated how individuals respond to the comparison between their outcome and the outcomes of others, and how this comparison is affected by the reason of the difference.
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Rustichini conducted several studies to investigate the effect of wealth level and the degree on inequality on growth and found a direct relation between the level of wealth and growth, given that the incentives to domestic accumulation are weakened by redistributive considerations. He also presented
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Rustichini has conducted research in the area of neuroeconomics. He conducted a study to investigate the neural underpinnings of the effect of social comparison on risky choices. He measured brain activity of participants who conducted private and social decision making, through functional MRI. His
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Rustichini conducted research on the integration of classical decision theory and personality theory and proposed steps towards a theory of economic decision. His study indicated that the integration of the two theories provided the conceptual structure for understanding the effects of personality
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In 2020, Rustichini conducted a study to investigate the contribution of cognitive and non-cognitive skills to intergenerational social mobility and found that genetic factors, along with the cognitive and non-cognitive skills influenced the re-ordering of social standing that takes place across
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Rustichini has investigated the relationship between intelligence, and economic and strategic behavior, jointly with the examination of the genetic determinants of intelligence. In the analysis of strategic behavior, his research has established that the probability of cooperation in repeated
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In the early 2000s, Rustichini authored a paper focusing on gender differences in high-ranking positions and presented experimental evidence to support that women may be less effective than men in competitive environments which accounted for the significant gender gap in performance.
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Rustichini's work is focused in the areas of decision theory, game theory, general equilibrium theory, economic dynamics, neuroeconomics, experimental economics, behavioral economics, microeconomic theory, models of bounded rationality, and political economy.
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Okbay, A., Beauchamp, J. P., Fontana, M. A., Lee, J. J., Pers, T. H., Rietveld, C. A., ... & Oskarsson, S. (2016). Genome-wide association study identifies 74 loci associated with educational attainment. Nature, 533(7604),
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Rustichini, Aldo; Deyoung, Colin G.; Anderson, Jon C.; Burks, Stephen V. (28 July 2012). "Toward the
Integration of Personality Theory and Decision Theory in the Explanation of Economic and Health Behavior".
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a field study which contradicted the hypothesis according to which, the occurrence of the behavior subject to the fine is reduced with an introduction of a penalty that leaves everything else unchanged.
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Maccheroni, F., Marinacci, M., & Rustichini, A. (2006). Ambiguity aversion, robustness, and the variational representation of preferences. Econometrica, 74(6), 1447–1498.
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Gneezy, U., Niederle, M., & Rustichini, A. (2003). Performance in competitive environments: Gender differences. The quarterly journal of economics, 118(3), 1049–1074.
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as a professor of economics. From 1996 till 1999, Rustichini taught as a research professor of microeconomics at
Tilburg University, before being briefly associated with
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at the
Faculty of Economics, University of Cambridge, in 2007–2008. In 2009, Rustichini rejoined University of Minnesota as a professor of economics.
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Gneezy, U., & Rustichini, A. (2000). Pay enough or don't pay at all. The
Quarterly journal of economics, 115(3), 791–810.
163:. He has also conducted research on political economy, microeconomic theory, economic dynamics, macroeconomics and models of
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218:’s Department of Economics. In 2000, he joined University of Minnesota as a professor of economics. He held the
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in UK and later received his doctoral degree in mathematics in 1987 from
University of Minnesota in the US.
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452:"Medial prefrontal cortex and striatum mediate the influence of social comparison on the decision process"
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Gneezy, U., & Rustichini, A. (2000). A fine is a price. The
Journal of Legal Studies, 29(1), 1-17.
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is an
Italian-born American economist, academic and researcher. He is a professor of economics at
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as an assistant professor of economics in 1989. He left
Northwestern University and taught at
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549:"THE CONTRIBUTION OF COGNITIVE AND NON-COGNITIVE SKILLS TO INTERGENERATIONAL SOCIAL MOBILITY"
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2017 - Nominee for
Maurice Allais Prize in Economic Science award, Maurice Allais Foundation
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Bault, Nadège; Joffily, Mateus; Rustichini, Aldo; Coricelli, Giorgio (20 September 2011).
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Rustichini has worked on several research areas relating to economics, including
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2013 - Editor's Award for Experimental Economics, Economic Science Association
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in 1977. He then received his master's degree in economics in 1980 from
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Vostroknutov, Alexander; Tobler, Philippe N.; Rustichini, Aldo (2012).
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759:"Performance in Competitive Environments: Gender Differences"
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650:"Social Decision Theory: Choosing within and between Groups"
511:"Causes of social reward differences encoded in human brain"
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Proto, Eugenio; Rustichini, Aldo; Sofianos, Andis (2019).
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397:"Neuroeconomics: The Consilience of Brain and Decision"
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MacCheroni, F.; Marinacci, M.; Rustichini, A. (2012).
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924:Professors of Political Economy (Cambridge, 1863)
757:Gneezy, U.; Niederle, M.; Rustichini, A. (2003).
368:"Fellows of the Econometric Society 1950 to 2021"
174:and a Council Member of the Game Theory Society.
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456:Proceedings of the National Academy of Sciences
126:https://sites.google.com/view/aldorustichini
820:"Editor's Award for Experimental Economics"
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395:Glimcher, P. W.; Rustichini, Aldo (2004).
290:2015 - Fellowship, the Game Theory Society
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679:Benhabib, Jess; Rustichini, Aldo (1996).
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788:Gneezy, Uri; Rustichini, Aldo (2004).
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382:"Council of the Game Theory Society"
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763:The Quarterly Journal of Economics
354:"Aldo Rustichini - Google Scholar"
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248:Intelligence and economic behavior
220:Professorship of Political Economy
41:Economist, academic and researcher
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170:Rustichini is a fellow of the
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904:University of Florence alumni
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724:The Journal of Legal Studies
681:"Social conflict and growth"
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421:10.1126/science.1102566
204:Northwestern University
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157:experimental economics
89:University of Florence
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527:10.1152/jn.00298.2011
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161:behavioral economics
894:American economists
720:"A Fine is a Price"
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208:New York University
172:Econometric Society
165:bounded rationality
66:Academic background
56:Game Theory Society
51:Econometric Society
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78:Ph.D., Mathematics
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340:"Aldo Rustichini"
279:Awards and honors
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84:Alma mater
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178:Education
71:Education
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
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