Project acronym AlgoFinance
Project Algorithmic Finance: Inquiring into the Reshaping of Financial Markets
Researcher (PI) Christian BORCH
Host Institution (HI) COPENHAGEN BUSINESS SCHOOL
Country Denmark
Call Details Consolidator Grant (CoG), SH3, ERC-2016-COG
Summary Present-day financial markets are turning algorithmic, as market orders are increasingly being executed by fully automated computer algorithms, without any direct human intervention. Although algorithmic finance seems to fundamentally reshape the central dynamics in financial markets, and even though it prompts core sociological questions, it has not yet received any systematic attention. In a pioneering contribution to economic sociology and social studies of finance, ALGOFINANCE aims to understand how and with what consequences the turn to algorithms is changing financial markets. The overall concept and central contributions of ALGOFINANCE are the following: (1) on an intra-firm level, the project examines how the shift to algorithmic finance reshapes the ways in which trading firms operate, and does so by systematically and empirically investigating the reconfiguration of organizational structures and employee subjectivity; (2) on an inter-algorithmic level, it offers a ground-breaking methodology (agent-based modelling informed by qualitative data) to grasp how trading algorithms interact with one another in a fully digital space; and (3) on the level of market sociality, it proposes a novel theorization of how intra-firm and inter-algorithmic dynamics can be conceived of as introducing a particular form of sociality that is characteristic to algorithmic finance: a form of sociality-as-association heuristically analyzed as imitation. None of these three levels have received systematic attention in the state-of-the-art literature. Addressing them will significantly advance the understanding of present-day algorithmic finance in economic sociology. By contributing novel empirical, methodological, and theoretical understandings of the functioning and consequences of algorithms, ALGOFINANCE will pave the way for other research into digital sociology and the broader algorithmization of society.
Summary
Present-day financial markets are turning algorithmic, as market orders are increasingly being executed by fully automated computer algorithms, without any direct human intervention. Although algorithmic finance seems to fundamentally reshape the central dynamics in financial markets, and even though it prompts core sociological questions, it has not yet received any systematic attention. In a pioneering contribution to economic sociology and social studies of finance, ALGOFINANCE aims to understand how and with what consequences the turn to algorithms is changing financial markets. The overall concept and central contributions of ALGOFINANCE are the following: (1) on an intra-firm level, the project examines how the shift to algorithmic finance reshapes the ways in which trading firms operate, and does so by systematically and empirically investigating the reconfiguration of organizational structures and employee subjectivity; (2) on an inter-algorithmic level, it offers a ground-breaking methodology (agent-based modelling informed by qualitative data) to grasp how trading algorithms interact with one another in a fully digital space; and (3) on the level of market sociality, it proposes a novel theorization of how intra-firm and inter-algorithmic dynamics can be conceived of as introducing a particular form of sociality that is characteristic to algorithmic finance: a form of sociality-as-association heuristically analyzed as imitation. None of these three levels have received systematic attention in the state-of-the-art literature. Addressing them will significantly advance the understanding of present-day algorithmic finance in economic sociology. By contributing novel empirical, methodological, and theoretical understandings of the functioning and consequences of algorithms, ALGOFINANCE will pave the way for other research into digital sociology and the broader algorithmization of society.
Max ERC Funding
1 590 036 €
Duration
Start date: 2017-05-01, End date: 2021-04-30
Project acronym ARITHMUS
Project Peopling Europe: How data make a people
Researcher (PI) Evelyn Sharon Ruppert
Host Institution (HI) GOLDSMITHS' COLLEGE
Country United Kingdom
Call Details Consolidator Grant (CoG), SH3, ERC-2013-CoG
Summary Who are the people of Europe? This question is facing statisticians as they grapple with standardising national census methods so that their numbers can be assembled into a European population. Yet, by so doing—intentionally or otherwise—they also contribute to the making of a European people. This, at least, is the central thesis of ARITHMUS. While typically framed as a methodological or statistical problem, the project approaches this as a practical and political problem of assembling multiple national populations into a European population and people.
Why is this both an urgent political and practical problem? Politically, Europe is said to be unable to address itself to a constituted polity and people, which is crucial to European integration. Practically, its efforts to constitute a European population are also being challenged by digital technologies, which are being used to diversify census methods and bringing into question the comparability of national population data. Consequently, over the next several years Eurostat and national statistical institutes are negotiating regulations for the 2020 census round towards ensuring 'Europe-wide comparability.'
ARITHMUS will follow this process and investigate the practices of statisticians as they juggle scientific independence, national autonomy and EU comparability to innovate census methods. It will then connect this practical work to political questions of the making and governing of a European people and polity. It will do so by going beyond state-of-the art scholarship on methods, politics and science and technology studies. Five case studies involving discourse analysis and ethnographic methods will investigate the situated practices of EU and national statisticians as they remake census methods, arguably the most fundamental changes since modern censuses were launched over two centuries ago. At the same time it will attend to how these practices affect the constitution of who are the people of Europe.
Summary
Who are the people of Europe? This question is facing statisticians as they grapple with standardising national census methods so that their numbers can be assembled into a European population. Yet, by so doing—intentionally or otherwise—they also contribute to the making of a European people. This, at least, is the central thesis of ARITHMUS. While typically framed as a methodological or statistical problem, the project approaches this as a practical and political problem of assembling multiple national populations into a European population and people.
Why is this both an urgent political and practical problem? Politically, Europe is said to be unable to address itself to a constituted polity and people, which is crucial to European integration. Practically, its efforts to constitute a European population are also being challenged by digital technologies, which are being used to diversify census methods and bringing into question the comparability of national population data. Consequently, over the next several years Eurostat and national statistical institutes are negotiating regulations for the 2020 census round towards ensuring 'Europe-wide comparability.'
ARITHMUS will follow this process and investigate the practices of statisticians as they juggle scientific independence, national autonomy and EU comparability to innovate census methods. It will then connect this practical work to political questions of the making and governing of a European people and polity. It will do so by going beyond state-of-the art scholarship on methods, politics and science and technology studies. Five case studies involving discourse analysis and ethnographic methods will investigate the situated practices of EU and national statisticians as they remake census methods, arguably the most fundamental changes since modern censuses were launched over two centuries ago. At the same time it will attend to how these practices affect the constitution of who are the people of Europe.
Max ERC Funding
1 833 649 €
Duration
Start date: 2014-05-01, End date: 2019-04-30
Project acronym BAPS
Project Bayesian Agent-based Population Studies: Transforming Simulation Models of Human Migration
Researcher (PI) Jakub KAZIMIERZ BIJAK
Host Institution (HI) UNIVERSITY OF SOUTHAMPTON
Country United Kingdom
Call Details Consolidator Grant (CoG), SH3, ERC-2016-COG
Summary The aim of BAPS is to develop a ground-breaking simulation model of international migration, based on a population of intelligent, cognitive agents, their social networks and institutions, all interacting with one another. The project will transform the study of migration – one of the most uncertain population processes and a top-priority EU policy area – by offering a step change in the way it can be understood, predicted and managed. In this way, BAPS will effectively integrate behavioural and social theory with modelling.
To develop micro-foundations for migration studies, model design will follow cutting-edge developments in demography, statistics, cognitive psychology and computer science. BAPS will also offer a pioneering environment for applying the findings in practice through a bespoke modelling language. Bayesian statistical principles will be used to design innovative computer experiments, and learn about modelling the simulated individuals and the way they make decisions.
In BAPS, we will collate available information for migration models; build and test the simulations by applying experimental design principles to enhance our knowledge of migration processes; collect information on the underpinning decision-making mechanisms through psychological experiments; and design software for implementing Bayesian agent-based models in practice. The project will use various information sources to build models bottom-up, filling an important epistemological gap in demography.
BAPS will be carried out by the Allianz European Demographer 2015, recognised as a leader in the field for methodological innovation, directing an interdisciplinary team with expertise in demography, agent-based models, statistical analysis of uncertainty, meta-cognition, and computer simulations. The project will open up exciting research possibilities beyond demography, and will generate both academic and practical impact, offering methodological advice for policy-relevant simulations.
Summary
The aim of BAPS is to develop a ground-breaking simulation model of international migration, based on a population of intelligent, cognitive agents, their social networks and institutions, all interacting with one another. The project will transform the study of migration – one of the most uncertain population processes and a top-priority EU policy area – by offering a step change in the way it can be understood, predicted and managed. In this way, BAPS will effectively integrate behavioural and social theory with modelling.
To develop micro-foundations for migration studies, model design will follow cutting-edge developments in demography, statistics, cognitive psychology and computer science. BAPS will also offer a pioneering environment for applying the findings in practice through a bespoke modelling language. Bayesian statistical principles will be used to design innovative computer experiments, and learn about modelling the simulated individuals and the way they make decisions.
In BAPS, we will collate available information for migration models; build and test the simulations by applying experimental design principles to enhance our knowledge of migration processes; collect information on the underpinning decision-making mechanisms through psychological experiments; and design software for implementing Bayesian agent-based models in practice. The project will use various information sources to build models bottom-up, filling an important epistemological gap in demography.
BAPS will be carried out by the Allianz European Demographer 2015, recognised as a leader in the field for methodological innovation, directing an interdisciplinary team with expertise in demography, agent-based models, statistical analysis of uncertainty, meta-cognition, and computer simulations. The project will open up exciting research possibilities beyond demography, and will generate both academic and practical impact, offering methodological advice for policy-relevant simulations.
Max ERC Funding
1 455 590 €
Duration
Start date: 2017-06-01, End date: 2021-11-30
Project acronym CAPABLE
Project Enhancing Capabilities? Rethinking Work-life Policies and their Impact from a New Perspective
Researcher (PI) Mara YERKES
Host Institution (HI) UNIVERSITEIT UTRECHT
Country Netherlands
Call Details Consolidator Grant (CoG), SH3, ERC-2017-COG
Summary We have witnessed significant work-life policy advancements designed to help men and women more equally combine employment with other spheres of life in recent decades, yet gender inequality persists. Improving gender equality in work-life balance is therefore high on policy agendas throughout Europe. Decades of research in this area have produced key insights but work-family theories fail to sufficiently explain the tenacity of this inequality. Earlier applications of a capabilities approach to work-life balance offer promising inroads, yet the importance of community remains absent. The CAPABLE project will generate fundamentally new knowledge on how work-life balance policies impact an individual’s capability to achieve this balance in Europe by incorporating the understudied dimension of community.
Capabilities reflect what individuals are effectively able to achieve. CAPABLE asks: To what extent do work-life balance policies enhance men and women’s capabilities to achieve work-life balance? To answer this question, we will develop and apply complex models derived from Sen’s capability approach to analyse: 1. the availability, accessibility and design of work-family policies; 2. what these policies mean for men and women’s capabilities to achieve work-life balance based on their embeddedness in individual, community and social contexts; 3. whether work-life policies enhance individual wellbeing; and 4. what policy tools are needed for developing sustainable work-life balance policies that enhance gender equal work-life capabilities. CAPABLE will progress scientific and policy frontiers using innovative, mixed-methods approaches at multiple policy levels. The conceptual clarity and empirical advancements provided will significantly expand our understanding of work-life policies in relation to individual capabilities. Furthermore, it will produce key insights into how sustainable work-life policies addressing gender inequality in work-life can be developed.
Summary
We have witnessed significant work-life policy advancements designed to help men and women more equally combine employment with other spheres of life in recent decades, yet gender inequality persists. Improving gender equality in work-life balance is therefore high on policy agendas throughout Europe. Decades of research in this area have produced key insights but work-family theories fail to sufficiently explain the tenacity of this inequality. Earlier applications of a capabilities approach to work-life balance offer promising inroads, yet the importance of community remains absent. The CAPABLE project will generate fundamentally new knowledge on how work-life balance policies impact an individual’s capability to achieve this balance in Europe by incorporating the understudied dimension of community.
Capabilities reflect what individuals are effectively able to achieve. CAPABLE asks: To what extent do work-life balance policies enhance men and women’s capabilities to achieve work-life balance? To answer this question, we will develop and apply complex models derived from Sen’s capability approach to analyse: 1. the availability, accessibility and design of work-family policies; 2. what these policies mean for men and women’s capabilities to achieve work-life balance based on their embeddedness in individual, community and social contexts; 3. whether work-life policies enhance individual wellbeing; and 4. what policy tools are needed for developing sustainable work-life balance policies that enhance gender equal work-life capabilities. CAPABLE will progress scientific and policy frontiers using innovative, mixed-methods approaches at multiple policy levels. The conceptual clarity and empirical advancements provided will significantly expand our understanding of work-life policies in relation to individual capabilities. Furthermore, it will produce key insights into how sustainable work-life policies addressing gender inequality in work-life can be developed.
Max ERC Funding
1 999 748 €
Duration
Start date: 2018-12-01, End date: 2023-11-30
Project acronym CAPTURE
Project CApturing Paradata for documenTing data creation and Use for the REsearch of the future
Researcher (PI) Isto HUVILA
Host Institution (HI) UPPSALA UNIVERSITET
Country Sweden
Call Details Consolidator Grant (CoG), SH3, ERC-2018-COG
Summary "Considerable investments have been made in Europe and worldwide in research data infrastructures. Instead of a general lack of data about data, it has become apparent that the pivotal factor that drastically constrains the use of data is the absence of contextual knowledge about how data was created and how it has been used. This applies especially to many branches of SSH research where data is highly heterogeneous, both by its kind (e.g. being qualitative, quantitative, naturalistic, purposefully created) and origins (e.g. being historical/contemporary, from different contexts and geographical places). The problem is that there may be enough metadata (data about data) but there is too little paradata (data on the processes of its creation and use).
In contrast to the rather straightforward problem of describing the data, the high-risk/high-gain problem no-one has managed to solve, is the lack of comprehensive understanding of what information about the creation and use of research data is needed and how to capture enough of that information to make the data reusable and to avoid the risk that currently collected vast amounts of research data become useless in the future. The wickedness of the problem lies in the practical impossibility to document and keep everything and the difficulty to determine optimal procedures for capturing just enough.
With an empirical focus on archaeological and cultural heritage data, which stands out by its extreme heterogeneity and rapid accumulation due to the scale of ongoing development-led archaeological fieldwork, CAPTURE develops an in-depth understanding of how paradata is #1 created and #2 used at the moment, #3 elicits methods for capturing paradata on the basis of the findings of #1-2, #4 tests the new methods in field trials, and #5 synthesises the findings in a reference model to inform the capturing of paradata and enabling data-intensive research using heterogeneous research data stemming from diverse origins.
"
Summary
"Considerable investments have been made in Europe and worldwide in research data infrastructures. Instead of a general lack of data about data, it has become apparent that the pivotal factor that drastically constrains the use of data is the absence of contextual knowledge about how data was created and how it has been used. This applies especially to many branches of SSH research where data is highly heterogeneous, both by its kind (e.g. being qualitative, quantitative, naturalistic, purposefully created) and origins (e.g. being historical/contemporary, from different contexts and geographical places). The problem is that there may be enough metadata (data about data) but there is too little paradata (data on the processes of its creation and use).
In contrast to the rather straightforward problem of describing the data, the high-risk/high-gain problem no-one has managed to solve, is the lack of comprehensive understanding of what information about the creation and use of research data is needed and how to capture enough of that information to make the data reusable and to avoid the risk that currently collected vast amounts of research data become useless in the future. The wickedness of the problem lies in the practical impossibility to document and keep everything and the difficulty to determine optimal procedures for capturing just enough.
With an empirical focus on archaeological and cultural heritage data, which stands out by its extreme heterogeneity and rapid accumulation due to the scale of ongoing development-led archaeological fieldwork, CAPTURE develops an in-depth understanding of how paradata is #1 created and #2 used at the moment, #3 elicits methods for capturing paradata on the basis of the findings of #1-2, #4 tests the new methods in field trials, and #5 synthesises the findings in a reference model to inform the capturing of paradata and enabling data-intensive research using heterogeneous research data stemming from diverse origins.
"
Max ERC Funding
1 944 162 €
Duration
Start date: 2019-05-01, End date: 2024-04-30
Project acronym CHINAWHITE
Project The Reconfiguration of Whiteness in China: Privileges, Precariousness, and Racialized Performances
Researcher (PI) Shanshan LAN
Host Institution (HI) UNIVERSITEIT VAN AMSTERDAM
Country Netherlands
Call Details Consolidator Grant (CoG), SH3, ERC-2018-COG
Summary This research examines the multiple and contradictory constructions of whiteness in China as a result of the rapid diversification of white migrants in the country and the shifting power balances between China and the West. Existing literature on white westerners in Asia mainly focuses on transnational elites. The rising number of middle- and lower-stratum of white migrants in China deserves special attention due to substantial tensions and discrepancies in their experiences of racial privilege, economic insecurity, and legal vulnerability. Multi-sited and multi-scalar ethnographic research will be conducted on daily life encounters between various groups of white migrants and Chinese in five domains: (1) state policy regarding international migrants in China; (2) the ESL industry (teaching English as a second language); (3) the media, fashion, and entertainment industries; (4) transnational business and entrepreneurship; and (5) interracial romance. Three major research questions frame this project. 1. What are the symbolic and material advantages and disadvantages of being white in China’s thriving market economy and consumer culture? 2. How is whiteness racialized in relation to blackness and other immigrant minority identities in multiple social domains and at different geographical scales? 3. How are multiple versions of whiteness produced, interpreted, negotiated, and performed through daily life interactions between white migrants and Chinese in various social and personal settings? This project contributes to a new line of research on white racial formation in East Asia by creatively integrating theories in whiteness studies and migration studies. It also expands the geographical scope of research on white expatriates from global cities in coastal areas to second-tier cities in inland China.
Summary
This research examines the multiple and contradictory constructions of whiteness in China as a result of the rapid diversification of white migrants in the country and the shifting power balances between China and the West. Existing literature on white westerners in Asia mainly focuses on transnational elites. The rising number of middle- and lower-stratum of white migrants in China deserves special attention due to substantial tensions and discrepancies in their experiences of racial privilege, economic insecurity, and legal vulnerability. Multi-sited and multi-scalar ethnographic research will be conducted on daily life encounters between various groups of white migrants and Chinese in five domains: (1) state policy regarding international migrants in China; (2) the ESL industry (teaching English as a second language); (3) the media, fashion, and entertainment industries; (4) transnational business and entrepreneurship; and (5) interracial romance. Three major research questions frame this project. 1. What are the symbolic and material advantages and disadvantages of being white in China’s thriving market economy and consumer culture? 2. How is whiteness racialized in relation to blackness and other immigrant minority identities in multiple social domains and at different geographical scales? 3. How are multiple versions of whiteness produced, interpreted, negotiated, and performed through daily life interactions between white migrants and Chinese in various social and personal settings? This project contributes to a new line of research on white racial formation in East Asia by creatively integrating theories in whiteness studies and migration studies. It also expands the geographical scope of research on white expatriates from global cities in coastal areas to second-tier cities in inland China.
Max ERC Funding
2 000 000 €
Duration
Start date: 2019-06-01, End date: 2024-05-31
Project acronym CIC
Project Context, Identity and Choice: Understanding the constraints on women's career decisions
Researcher (PI) Michelle Kim RYAN
Host Institution (HI) THE UNIVERSITY OF EXETER
Country United Kingdom
Call Details Consolidator Grant (CoG), SH3, ERC-2016-COG
Summary There has been vast improvement in workplace gender equality, but there remain marked differences in the roles in which women and men work. Explanations for this inequality have focused on the barriers women face. However, as women begin to enter male-dominated roles, a new explanation has arisen: that remaining gender inequality must reflect fundamental differences between women and men, including differences in (a) ambition and desire for power, (b) needs for work-life balance, and (c) willingness to take career risks. Central to this analysis is the assumption that the glass ceiling is broken and thus inequality must be due to women’s active choices. This explanation downplays the fact that social context continues to be a barrier to women’s success and places responsibility for gender inequality on women themselves. Indeed, there has arisen the suggestion that gender equality necessitates women overcoming ‘internal obstacles’, ‘leaning-in’ and altering their choices (Sandberg, 2013), rather than challenging the status quo. I argue that diametrically contrasting structural barriers with women’s choices is unhelpful. Instead, I suggest that women’s choices are shaped and constrained by the gendered nature of organisational and social contexts and how women see themselves within these contexts. I propose a programme of research, across 3 integrated streams, that investigates how social and organisational structures define identities and constrain women’s choices in relation to ambition, work-life balance, and career risk-taking. I have four key objectives: (1) to clarify how organisational and social contexts define identity and constrain women’s choices, (2) to use an interdisciplinary, multi-methodological approach, to produce innovative theory and data, (3) to work collaboratively with stakeholders, and (4) to inform practical interventions designed to facilitate the increase of women’s participation in hitherto male-dominated roles.
Summary
There has been vast improvement in workplace gender equality, but there remain marked differences in the roles in which women and men work. Explanations for this inequality have focused on the barriers women face. However, as women begin to enter male-dominated roles, a new explanation has arisen: that remaining gender inequality must reflect fundamental differences between women and men, including differences in (a) ambition and desire for power, (b) needs for work-life balance, and (c) willingness to take career risks. Central to this analysis is the assumption that the glass ceiling is broken and thus inequality must be due to women’s active choices. This explanation downplays the fact that social context continues to be a barrier to women’s success and places responsibility for gender inequality on women themselves. Indeed, there has arisen the suggestion that gender equality necessitates women overcoming ‘internal obstacles’, ‘leaning-in’ and altering their choices (Sandberg, 2013), rather than challenging the status quo. I argue that diametrically contrasting structural barriers with women’s choices is unhelpful. Instead, I suggest that women’s choices are shaped and constrained by the gendered nature of organisational and social contexts and how women see themselves within these contexts. I propose a programme of research, across 3 integrated streams, that investigates how social and organisational structures define identities and constrain women’s choices in relation to ambition, work-life balance, and career risk-taking. I have four key objectives: (1) to clarify how organisational and social contexts define identity and constrain women’s choices, (2) to use an interdisciplinary, multi-methodological approach, to produce innovative theory and data, (3) to work collaboratively with stakeholders, and (4) to inform practical interventions designed to facilitate the increase of women’s participation in hitherto male-dominated roles.
Max ERC Funding
1 998 722 €
Duration
Start date: 2017-07-01, End date: 2022-06-30
Project acronym CityNet
Project Cities in Global Financial Networks: Financial and Business Services and Development in the 21st Century
Researcher (PI) Dariusz, Jacek Wojcik
Host Institution (HI) THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD
Country United Kingdom
Call Details Consolidator Grant (CoG), SH3, ERC-2015-CoG
Summary Financial and business services (FABS), including law, accounting, and business consulting, have been one of the most dynamic sectors of the world economy, with a fivefold rise in real value added since 1980. Although FABS are central to the processes of globalisation, financialisation, urbanisation and development, our understanding of the sector in the context of tumultuous changes of the early 21st century is partial. How have the FABS firms and centres been affected by the global financial crisis and the Eurozone crisis? How are they changing in response to new financial regulation, the expected shift of economic activity to the Asia-Pacific region, and the digital revolution? What are the impacts of FABS on urban, regional, and global development? We urgently need groundbreaking frontier research to better understand the nature and dynamics of FABS, and their implications.
This project is designed to address this challenge by focusing on three objectives: mapping the FABS sector and its transactional networks worldwide; analysing strategies of FABS firms, as well as policies towards FABS and their institutional environments in cities; explaining the impacts of FABS, their strategies, and place-specific factors on growth, stability, and inequality at urban, regional, national and global level. In doing so, we will develop a new theoretical framework, called the Global Financial Networks, which positions FABS and their networks in the broader economy. Using a mixed-methods approach, we will document the development of FABS and their consequences, cutting through the hype of financial centre indices, and through the fog of ideologically charged debates on the virtues and vices of the financial sector. One of the outcomes of the project will be the world’s first ever atlas of finance. The project will provide a robust evidence base crucial in shaping future rounds of investment by and in FABS, and policies towards FABS by governments and other organisations.
Summary
Financial and business services (FABS), including law, accounting, and business consulting, have been one of the most dynamic sectors of the world economy, with a fivefold rise in real value added since 1980. Although FABS are central to the processes of globalisation, financialisation, urbanisation and development, our understanding of the sector in the context of tumultuous changes of the early 21st century is partial. How have the FABS firms and centres been affected by the global financial crisis and the Eurozone crisis? How are they changing in response to new financial regulation, the expected shift of economic activity to the Asia-Pacific region, and the digital revolution? What are the impacts of FABS on urban, regional, and global development? We urgently need groundbreaking frontier research to better understand the nature and dynamics of FABS, and their implications.
This project is designed to address this challenge by focusing on three objectives: mapping the FABS sector and its transactional networks worldwide; analysing strategies of FABS firms, as well as policies towards FABS and their institutional environments in cities; explaining the impacts of FABS, their strategies, and place-specific factors on growth, stability, and inequality at urban, regional, national and global level. In doing so, we will develop a new theoretical framework, called the Global Financial Networks, which positions FABS and their networks in the broader economy. Using a mixed-methods approach, we will document the development of FABS and their consequences, cutting through the hype of financial centre indices, and through the fog of ideologically charged debates on the virtues and vices of the financial sector. One of the outcomes of the project will be the world’s first ever atlas of finance. The project will provide a robust evidence base crucial in shaping future rounds of investment by and in FABS, and policies towards FABS by governments and other organisations.
Max ERC Funding
1 929 306 €
Duration
Start date: 2016-08-01, End date: 2022-01-31
Project acronym CONT-END
Project Attempts to Control the End of Life in People with Dementia: Two-level Approach to Examine Controversies
Researcher (PI) Jenny VAN DER STEEN
Host Institution (HI) ACADEMISCH ZIEKENHUIS LEIDEN
Country Netherlands
Call Details Consolidator Grant (CoG), SH3, ERC-2017-COG
Summary In dementia at the end of life, cognitive and physical decline imply that control is typically lost. CONT-END will examine control in the context of three emerging interventions which contain a controversial element of striving for control in the process of dying with dementia: advance care planning of the end of life, use of new technology to monitor symptoms when unable to self-report, and euthanasia. To perform outstanding research, the proposed research examines control at the level of clinical practice, but also at the level of end-of-life research practice. The latter provides ample opportunities for researchers to control the research process. That is, research designs are often flexible and we will study if and how this impacts research in an emotionally charged area. I will take an empirical mixed-methods approach to study the two practices in parallel. The work is organised in three related Work Packages around three research questions. (1) In a 6-country study, I will examine if and when people with dementia, family caregivers and physicians (900 respondents) find the interventions, shown on video, acceptable. (2) A cluster-randomised 3-armed controlled trial in 279 patients and their family caregivers assesses effects of two types of advance care planning differing in level of control (detailed advance treatment orders versus goal setting and coping based) on outcomes ranging from favourable to less favourable, and whether effects differ in subgroups. Cases in which the technology is preferred or applied are observed. (3) Ethnographic fieldwork in two different end-of-life research practices and a Delphi study to synthesize CONT-END’s findings assess how researchers shape findings. This greatly improves the quality of CONT-END and provides the input to develop new methodology for improving research quality and integrity.
Summary
In dementia at the end of life, cognitive and physical decline imply that control is typically lost. CONT-END will examine control in the context of three emerging interventions which contain a controversial element of striving for control in the process of dying with dementia: advance care planning of the end of life, use of new technology to monitor symptoms when unable to self-report, and euthanasia. To perform outstanding research, the proposed research examines control at the level of clinical practice, but also at the level of end-of-life research practice. The latter provides ample opportunities for researchers to control the research process. That is, research designs are often flexible and we will study if and how this impacts research in an emotionally charged area. I will take an empirical mixed-methods approach to study the two practices in parallel. The work is organised in three related Work Packages around three research questions. (1) In a 6-country study, I will examine if and when people with dementia, family caregivers and physicians (900 respondents) find the interventions, shown on video, acceptable. (2) A cluster-randomised 3-armed controlled trial in 279 patients and their family caregivers assesses effects of two types of advance care planning differing in level of control (detailed advance treatment orders versus goal setting and coping based) on outcomes ranging from favourable to less favourable, and whether effects differ in subgroups. Cases in which the technology is preferred or applied are observed. (3) Ethnographic fieldwork in two different end-of-life research practices and a Delphi study to synthesize CONT-END’s findings assess how researchers shape findings. This greatly improves the quality of CONT-END and provides the input to develop new methodology for improving research quality and integrity.
Max ERC Funding
1 988 972 €
Duration
Start date: 2018-12-01, End date: 2023-11-30
Project acronym CRIMETIME
Project Crime and Time: How short-term mindsets encourage crime and how the future self can prevent it
Researcher (PI) Jean-Louis VAN GELDER
Host Institution (HI) UNIVERSITEIT TWENTE
Country Netherlands
Call Details Consolidator Grant (CoG), SH3, ERC-2017-COG
Summary Why are some people more likely to commit crime than others? Answers to this question, which is at the heart of criminology, can be grouped into two broad views. On the one hand, dispositional perspectives argue that stable factors within the individual, such as lack of self-control, lie at the roots of criminal conduct. Sociogenic perspectives, on the other hand, put the locus of study outside the individual and point towards factors such as rough neighborhoods, parental unemployment, and deviant peers, as the main causes of crime. In spite of ample empirical support for both views, there has been relatively little constructive engagement with each other.
Capitalizing on my multidisciplinary background and drawing on social psychology and evolutionary theory, I outline a new perspective on criminal behavior –Time Frame Theory (TFT)– that integrates both views. TFT is premised on the idea that short-term mindsets encourage crime and specifies how both individual dispositions and sociogenic variables can encourage such mindsets. I test this theory using a combination of longitudinal research and behavioral field experiments.
Besides aiming to mend the current theoretical disconnect in criminology and providing the foundation for a common paradigm, the proposed research program goes a step further by using TFT as the basis for a behavioral intervention to reduce crime. Building on recent pilot research, I use virtual reality technology in combination with a smartphone application to instill a future-oriented mindset in offenders. I am convinced that this combination of novel theory and innovative methodology may lead not only to a breakthrough in our understanding of delinquency but can also provide a blueprint for a scalable and evidence-based intervention to reduce it.
Summary
Why are some people more likely to commit crime than others? Answers to this question, which is at the heart of criminology, can be grouped into two broad views. On the one hand, dispositional perspectives argue that stable factors within the individual, such as lack of self-control, lie at the roots of criminal conduct. Sociogenic perspectives, on the other hand, put the locus of study outside the individual and point towards factors such as rough neighborhoods, parental unemployment, and deviant peers, as the main causes of crime. In spite of ample empirical support for both views, there has been relatively little constructive engagement with each other.
Capitalizing on my multidisciplinary background and drawing on social psychology and evolutionary theory, I outline a new perspective on criminal behavior –Time Frame Theory (TFT)– that integrates both views. TFT is premised on the idea that short-term mindsets encourage crime and specifies how both individual dispositions and sociogenic variables can encourage such mindsets. I test this theory using a combination of longitudinal research and behavioral field experiments.
Besides aiming to mend the current theoretical disconnect in criminology and providing the foundation for a common paradigm, the proposed research program goes a step further by using TFT as the basis for a behavioral intervention to reduce crime. Building on recent pilot research, I use virtual reality technology in combination with a smartphone application to instill a future-oriented mindset in offenders. I am convinced that this combination of novel theory and innovative methodology may lead not only to a breakthrough in our understanding of delinquency but can also provide a blueprint for a scalable and evidence-based intervention to reduce it.
Max ERC Funding
1 763 690 €
Duration
Start date: 2018-04-01, End date: 2023-03-31