HHB welcomes Mauro Gallegati - professor of Economics at the Polytechnic University of Marche, Ancona (Italy) - as a HHB Fellow.
Prof. Gallegati's research includes business fluctuations, nonlinear dynamics, models of financial fragility and heterogeneous interacting agents. Mauro Gallegati is well known from his widely cited work with Joseph E. Stiglitz, developing theory of asymmetric information and heterogeneous agents and their applications. He published papers in the top journals on economic, economic history and history of economic analysis, nonlinear mathematics, applied economics, complexity and econophysics. A research group lead at INET by prof. Gallegati studies agent-based models of economic phenomena, with a special focus on the performance of heterogeneous, interacting agents, generating aggregate fluctuations, coordination failures and emerging phenomena in general.