10. september 2015

One PhD scholarship at The Center for Information and Bubble Studies (CIBS)

Description of the project

“Bubbles” are usually considered unwelcome and destabilizing phenomena associated with finance and real estate markets. Generally a bubble has developed when assets trade at prices far exceeding the estimated fundamental value. The guiding research principle of The Center for Information and Bubble Studies (CIBS) is that bubbles essentially amount to information control problems among deliberating agents who are collectively susceptible to robustly demonstrated socio-psychological features like boom-thinking, group-thinking and lemming effects, which together with determinate market models and conditions may make for bubble-hospitable environments.

CIBS studies bubble phenomena across different ontologies by

1. focusing on the socio-psychological phenomena among agents leading to often irrational group behavior facilitated by imperfect or wrongful information processing among group members influenced by social proof,

2. being inspired by the main strands of bubble models in economics accordingly study concepts like “social capital”, “opinion”, “fame”, “recognition”, “scientific progress” apparent in other “markets” (agent interactive settings) with particular emphasis on the information-driven dynamics and thus study bubble formation, bursts and deflation across traditional domains and disciplines,

3. uncovering the formal structure and dynamics, provide simulation and experimental results, offer resolutions of, and recommendations for avoiding (or stimulating benign) bubbles or boom behavior of agents reasoning and processing information in concert.

The advertised PhD scholarship will be part of uncovering the formal structure and dynamics of bubble phenomena across sectors, domains and institutions. We are looking for a candidate with a background in economics, preferably with some emphasis on the mathematics of bubble formation, herd behavior and investment, epistemic game theory, interactive epistemology or some adequate combination hereof.

The successful candidate will be working in close cooperation with computer scientists, logicians and philosophers, social psychologists and behavioral scientists in order to crack the code of these interdisciplinary objects of scientific inquiry, which bubbles are within the CIBS understanding. It is expected that the successful candidate will be present, part of the team and partake in the activities of CIBS on a daily basis. Furthermore, the successful candidate will be enrolled in the PhD School at the Faculty of Humanities, but it will be expected that the candidate will participate in PhD courses at both the Faculty of Humanities, and the Faculty of Social Sciences. The PhD programme will therefore be interdisciplinary with an affiliation with Faculty of Humanities, and the Faculty of Social Sciences.

For further information, please contact Director of CIBS, Professor Vincent F. Hendricks, vincent@hum.ku.dk.

Application deadline: October 6th, 2015 at 23.59 (CET).

Application procedure:

Applicants need to hold a two-year Master's degree (120 ECTS) or the equivalent. Applicants shall have submitted their thesis at the time of application, to the extent the thesis forms part of their Master program. In case you have not obtained your diploma by the application deadline, you must include a statement (pre-approval) from your university that declares that you have been awarded the master degree.

Applications must be submitted via the electronic application system (you may find the link in the above call for applications).

The following enclosures to the application must be submitted:

• A copy of the applicant's Master's degree diploma and transcript of records

• Bachelor degree diploma and transcript of records

• If the MA diploma and/or examination records are in another language than English, German, French, Danish, Norwegian or Swedish, please include a translation into either of these languages in your application.

• Documentation of English proficiency. (You may find more information below.)

• Curriculum Vitae

• Project proposal (must not exceed 12,000 characters. For further information see below)

Do not upload ZIP files and do not submit any publications, recommendations or your Master thesis.

The Faculty will dismiss applications, which do not adhere to the formal requirements.

Diploma and transcript of records: The translation of diplomas/certificates and transcripts may be made by or approved by either:

• a state-authorized translator and interpreter

• the embassy or consulate of the country where the original document was issued or where the translation was made

• a Danish consulate/embassy

The PhD administration encourages applicants from within the EU to enclose a Diploma Supplement. The Diploma Supplement is part of a common European framework for transparency of competencies and qualifications – the EuroPass framework. For more information, click here.

Applicants with a non-Danish Master's degree will have their degree assessed by The Danish Agency for Universities and Internationalisation in order to establish, if the Master's degree is equivalent to a Danish Master's degree. Read more at the website of The Danish Agency for Universities and Internationalisation.

Project proposal requirements: Please note that the research proposal must not exceed 12,000 characters in Microsoft Word (including spacing, punctuation, footnotes and references, title, study plan, figures etc., but excluding bibliography). Please specify the amount of characters used at the top (left/right) of your research proposal. Guidelines on how to make a research proposal and information about required enclosures are available here.

Documentation of proficiency in English: You need to document proficiency in English. For information about the specific language requirements and applicants who are exempt from these requirements, please read more on the PhD website. Applicants who have not submitted documentation of English proficiency (and who are not subject to the exemptions listed on our website) will be dismissed. Read more about language requirements here.

Further information: Employment as a PhD scholar occurs pursuant to the applicable rules of the Faculty of Humanities, as well as between the Ministry of Finance and the Danish Confederation of Professional Associations (AC). Under this agreement, the PhD student is obliged - without further remuneration - to carry out allotted work to an extent corresponding to a total of 840 working hours in the course of a three-year contract.

Please note that it is normally a precondition for employment that the applicant in question does not already have a PhD degree. Applicants who have already obtained a PhD degree will, as a main rule, be dismissed.

For further information on employment terms please see the collective agreement between the Ministry of Finance and the Danish Confederation of Professional Associations (AC) as well the protocol to the agreement covering staff with university degrees in the state sector (in Danish). Read more here.

Enrolment as a PhD student at the Faculty of Humanities' PhD School is a precondition for employment as a PhD scholar: For more information about the PhD School, click here.

Application deadline: October 6th, 2015 at 23.59 (CET). No supplementary documents will be taken into consideration after this deadline.

After the application deadline, the Dean selects applicants for assessment on the advice of the Appointment Committee. All applicants are then immediately notified whether their application has been accepted for assessment. The Dean subsequently appoints an expert assessment committee tasked with carrying out an assessment of the selected applicants for the specific post. Selected applicants are notified of the composition of the committee. Applicants are ultimately offered the opportunity of commenting on the part of the assessment relating to themselves before the appointment is finalized. For further information read here.

As an equal opportunity employer, the Faculty of Humanities invites applications from all interested candidates regardless of gender, age, ethnic origin or religion.

For any further questions, please contact the PhD administration by e-mail (phdadmission@hum.ku.dk). If you have specific questions concerning your submitted PhD application please use the following e-mail address: jobvacancy@pxs.hum.ku.dk