Meet the Lecturer
Behavioral Macro and Complexity
Cars Hommes obtained his PhD in Mathematical Economics from the University of Groningen and is professor of Economic Dynamics at the University of Amsterdam, UvA. In 1998 he obtained a prestigious Pionier-grant from the Netherlands Organization of Scientific Research (NWO) to start the Center for Nonlinear Dynamics in Economics and Finance (CeNDEF), an interdisciplinary research group on complex systems applications in economics and finance. Throughout his career he held visiting positions at University of Wisconsin, Stanford University and New York University.
Cars Hommes is one of the pioneers in Behavioural & Experimental Macroeconomics. He is well known for his influential work with William Brock (Econometrica 1997 and JEDC 1998), developing a behavioral theory of heterogeneous expectations and its applications to economics and finance. His work is summarized in his book on complex economic systems and his recent JEL survey of behavioral and experimental macroeconomics.