Astrid Würtz Rasmussen has received DKK 6,075,534 for her project “Family Composition and the Effects on Fundamental Economic Preferences, Well-being, and Societal Values”. The project explores the so-called fertility crisis and investigates its broader societal consequences. She seeks to identify causal relationships between family size and individuals’ economic preferences, well-being, and societal values. To do so, she introduces an innovative methodology that combines natural experiments based on IVF treatments (in vitro fertilisation) with detailed survey and experimental data.

Marie-Louise Vierø has been awarded DKK 5,921,390 for the project “Growing Awareness: Expanding the Foundations of Economics”, which aims to improve economic models so they can better account for unpredictability and help society prepare for future crises. She highlights COVID-19 as a recent example and states:

“We need a robust basis for decision-making when policymakers are faced with new and unknown situations. There are significant gains from incorporating growing awareness into economic models, as this will better enable us to predict, understand, and achieve the desired effects of policy interventions. This will promote greater stability in policymaking and society, and improve overall welfare.”

Further info

• Further information about the grants is available in DFF’s press release
• DFF highlights Astrid Würtz Rasmussen’s research project in the article “Hvordan påvirker børn vores valg i livet”
• Learn more about Astrid Würtz Rasmussen and her research
• Learn more about Marie-Louise Vierø and her research