Risk attitudes, pregnancy and parenting Oct21

Risk attitudes, pregnancy and parenting

On a daily basis we face choices which involve risk and uncertainty. Choosing the road or means of transport on the way to work, buying insurance, even making purchases in the supermarket require a certain degree of risk taking. Research in economics and psychology has established that people’s choices in risky situations are affected by their tolerance to different levels of risk (also known as risk attitudes). Classical economic science argues that risk attitude is a characteristic that each of us is born with and that this characteristic does not change during our lifetime. Yet, recent evidence from decision science and psychology...

ICOSS conference May06

ICOSS conference

Today I attended the Interdisciplinary Centre of the Social Sciences (ICOSS) student research conference at the University of Sheffield. Throughout the day workshops were organised covering different aspects of student research. Topics included “How to beat numbers and not let numbers...

Parenting, Happiness and Productivity Apr07

Parenting, Happiness...

Just last summer, the UK celebrated the new addition to the family of the Duke and Duchess of Cambridge. Even though both parents looked happy and proud on the day when the Duchess of Cambridge left the hospital with baby Prince George, studies show that children often have an adverse effect...

SURE Success Feb25

SURE Success

Last Tuesday Ganna and I attended the SURE showcase event held at the University of Sheffield’s Octogan centre. The showcase provides an opportunity for all of the SURE  (Sheffield Undergraduate Research Experience) 2013 participants to present their findings  in the form of a poster...

Measures of Risk Tol...

Imagine that you went to a doctor to diagnose a health condition. The doctor informs you that this type of condition can be diagnosed using 3 different procedures. Naturally, you would expect that all three procedures should have equivalent outcomes and tell you that either you have the...

Presentation Oct29

Presentation

Today Amelia and I gave a talk at the Economics Seminar in the University of Sheffield. It was pleasant to see the majority of my colleagues at the Seminar despite the fact that it was my penultimate working day in the department. I started by presenting the results from the Ukrainian as well...

Data FAQs Oct08

Data FAQs

Today I have talked to six new participants at the parental course in the Jessop Wing. I would like to thank Maeve Rogers who has kindly let me approach participants taking the parental course. I am also grateful to all participants who have taken part in the study. It was really great to...

New Team Sep15

New Team

Today we had a very productive meeting in Sheffield Teaching Hospitals. I have met with my clinical collaborator Dilly Anymba as well as with the new member of the research team to develop a new plan of actions for the new year. I am very exited to see new members of the midwifery team join...

Vacation? Aug30

Vacation?

I am going on vacation tomorrow… Well, kind of… Tomorrow I am flying to Ukraine to pick up more data which has been collected in our partner maternity hospital. The data will contribute towards our wellbeing study. Pregnant women and young mothers from Southern Ukraine were asked...

Parental Courses Aug21

Parental Courses

Yesterday I have attended a parental course in the Sheffield Teaching Hospitals. Apart from getting to know several potential participants in my study on risk tolerance and wellbeing, it was very useful for me in many other ways.  The course, called “Birth and Parenting” and...

Writing Up Jul15

Writing Up

I am now in the last week of my project. The last six weeks has just flown by! Over the past couple of weeks Ganna and I have been busy writing up our findings and methodology in an article. We hope that our work will be published in an academic journal as our results have proved to be very...

U Shape Jun25

U Shape

My second week of the project has been less busy than my first, but still very insightful. I have been conducting regressional analysis on data collected so far, using a programme called STATA. At the moment it appears that our working hypothesis is correct; happiness is U-shaped over...

Week 1 Jun17

Week 1

I can’t believe I have been doing my project for a week now, as I started it last Monday. I think I have finally found my way around the economics department and have so far enjoyed working in my office, which I share with another SURE student. This past week, as well as entering the...

Starting SURE Jun11

Starting SURE

I am a second year economics student at the University of Sheffield. I am going to be working alongside Ganna as part of the University’s SURE scheme, which provides students with the opportunity to undertake “real life” research supervised by academics from  the...

Parenting and wellbeing May25

Parenting and wellbe...

Amelia Bourton, a second year student at the University of Sheffield, has just received a fellowship through the Sheffield Undergraduate Research Experience (SURE) scheme to work with me on a project “Pregnancy, Parenting and Wellbeing” during the summer.  This project stems from...

Data Collection

Data collection is a stage in every project which is the most time consuming. Yet, without collecting the data, these is no science. As of today, with the help of the STH research team we have collected responses from over 100 people in Sheffield area. There is still a long way to go before we...

Pets and Childbirth Jan27

Pets and Childbirth

A resent decision by an expectant mum to bring her dog to witness and help her during labour has recently sparkled a lot of debates (click here for more details). Barney, a certified Pets As Therapy Labrador, was allowed into the labour ward in St Michael’s Hospital in Bristol to...

CEOs and parenting Jan07

CEOs and parenting

A new research on how parenting affects decisions of company executives has been recently presented at an annual conference of the American Economic Association (click here for more details). Michael Dahl (Aalborg University), Cristian Dezso (University of Maryland Smith School of Business)...

MIR@W Days Dec19

MIR@W Days

Yesterday I attended an interdisciplinary workshop “Modelling Health Behaviour” organized by the Complexity Centre in the Warwick Mathematics Institute (University of Warwick) under umbrella of the MIR@W Days. Thomas House and Daniel Sprague managed to put together a brilliant program and...

Health and Wellbeing Cluster in the University of Sheffield Dec04

Health and Wellbeing...

Today I have attended a meeting of the Health and Wellbeing research cluster at the University of Sheffield. This cluster is an interdisciplinary group which includes economists and researchers working on health-related issues (primarily from the School of Health and related Research). We get...

Risks during pregnancy Dec02

Risks during pregnan...

I have already written here that the motivation for me to look into whether risk tolerance changes when a woman becomes pregnant originally came from my observations of my sister. Yet, apart from this (in many ways anecdotal evidence) pregnant women may have many reasons to become less...

Risk tolerance witho...

Very often risk tolerance is measured by a simple scale which was recently popularized by an economist Charles Holt and a psychologist Susan Laury. In this scale, you can measure your risk tolerance over financial gains. However, this scale will not tell you your risk tolerance in different...

Risk tolerance in di...

If you would like to find out your risk tolerance, you can do this in several different ways. One possibility is to take a psychological test. A very simple test which allows you to find out your risk tolerance about financial, health and safety, recreational, ethical and social risks has been...

Measuring attitudes ...

For many years, decision and behavioural science has been trying to develop a good measure of risk tolerance (or as scientists call it, risk attitude). Indeed, in order to explain someone’s behaviour in risky situations, it is useful to know whether this person is risk averse (tries to avoid...

Team Nov12

Team

In my project, the data about risk tolerance and emotional states of parents is collected in two different ways: through the surveys which potential participants fill out in their own time and mail back to us; via the face-to-face interview with participants in the Jessop Wing (Sheffield...

Excited Nov05

Excited

This morning I have been in the Jessop Wing maternity unit where I am hoping to find participants for my project. Founded in 2001, Jessop Wing is a part of Sheffield Teaching Hospitals. It is a large centre where approximately 7,000 babies are born every year. Alison Carey, one of the...

My inspiration Oct29

My inspiration

How did I become interested in measuring the risk attitudes of parents? As a public speaker on many occasions I have to explain to the audience why I decided to do this or that project. It would be great to have a “eureka moment” every time I start to do research on a certain topic so that...

Starting collaborations with NHS partners Oct25

Starting collaborati...

From time to time, governments in many countries commission large opinion polls asking people to state their preferences and express their opinions about health, life satisfaction, finance, environment and many other issues. Results of these polls are often used by policy makers to formulate...

About me Oct21

About me

I am an economist by training. I study how people and organisations behave,  learn, and coordinate in risky and uncertain environments. I develop mathematical models which can describe and predict behaviour under risk and uncertainty. On this website I try to describe in plain language my...