On November 25, ISET started a policy seminar series provided by the second year students of ISET’s MA program. The first presentation was delivered by Tamar Bregvadze, Mariam Chachava, Kamran Gasimov and Yervand Martirosyan under the supervision of the head of Energy Concentration at ISET, Norberto Pignatti. The students gave a presentation entitled “Environmental Regulations – Air Pollution”, during which they overviewed different issues related to air pollution in Georgia, Armenia and Azerbaijan.
According to the World Health Organization, more than 92% of the world’s population breathes air with lower quality and purity than the organization considers to be healthy. Furthermore, the problem is especially poignant for developing countries. Recent studies show that mortality due toair pollution in Georgia is approximately 5000 people a year; the same measurement stands at 3000 for Armenia and more than 5000 for Azerbaijan. This again highlights the importance of this topic for Caucasus region.
Behavioral economics is one of the most notable fields of modern economics. It draws insights from psychology, sociology, biology, and other social sciences.
On 24th of November, ISET hosted Teimuraz Gogsadze, a graduate of the Class of 2011, who gave an introductory lecture in behavioral economics. Gogsadze started his talk by formally defining the scope of behavioral economics. He then discussed the antecedents and historical context of the field, highlighting the importance of psychological realism of assumptions in economic modelling before the start of 20th century and the gradual removal of psychology from economics during the first half of the 20th century.