The war between Russia and Ukraine, for example, does not only affect the trade in gas and oil, but also the market for metallic minerals, which Europe urgently needs to boost the energy transition. A research project from the field of economics is investigating how trade in mineral commodities is linked to geopolitical risks.
We talk about self-fulfilling prophecies when something we have predicted comes true as a result of our conscious and unconscious actions. Jack Bryson, university assistant in the Ada Lovelace Programme, is using modelling and simulations to find out which social science phenomena can cause banks to fail.
Casting the rational behaviour of individuals in mathematical models and learning from these for use in reality: Daniel Rehsmann recently completed his doctorate in microeconomics and, among other things, he explored the conditions under which it is rational to spread misinformation.
In just a few weeks and months, the restrictions imposed by the pandemic made possible what would have taken much longer under normal circumstances: Public administration has digitalised many services and switched to teleworking processes. Birgit Moser-Plautz examined this transformation using ten Austrian case studies and also drew comparisons with the United States. She recently presented her findings in two publications.
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