RiskEcon® Lab for Decision Metrics (RiskEcon® Lab) has been established at Courant Institute of Mathematical Sciences NYU, in order to apply a range of computational methods to researching geopolitical and socioeconomic issues, such as aging and health trends, immigration, and consumer behavior.
The primary focus of RiskEcon® Lab will be to cultivate NYU’s competency in computational statistics and to fund, foster, promote, and direct research that applies tools and methods from machine learning, data-mining, and text-mining to large scale real world geopolitical and socioeconomic problems related to demographics and macroeconomics. These include financial, labor, housing, consumption, and trade effects of consumer behavior as well as global population, immigration, environmental, epidemiological, aging, and health trends. In addition to promoting research, other activities of the RiskEcon® Lab will involve advancing development of the field via interdisciplinary postgraduate graduate research and education.
RiskEcon® Lab will be housed within the newly established Center for Computational Economics and Algorithmic Data Analytics (CEcADA) at Courant Institute.
For additional information, see the following: