Featured economist, February 2022

Seda Ertac

Seda Ertac received her PhD from UCLA in 2006, and then went to the University of Chicago as a postdoctoral scholar.

Seda Ertac received her PhD from UCLA in 2006, and then went to the University of Chicago as a postdoctoral scholar. She has been a faculty member in the department of economics at Koc University since 2008. Her main area of expertise is experimental economics. She does both laboratory and field experiments, and her research contributes to three main areas: 1) understanding the determinants and malleability of individual preferences, attitudes and non-cognitive skills starting from childhood, 2) studying gender differences in economic behavior and policies to reduce gender gaps, 3) studying information processing and the effects of policies such as performance feedback in the workplace and educational contexts. She has also done research on neuroeconomics. Her research to date has been supported by the European Commission (ERC Consolidator Grant, Marie Curie IRG), the Scientific and Technological Council of Turkey, the US National Science Foundation and the Russell Sage Foundation.

Follow Seda on:

Website

Follow Seda on:

Website

Seda Ertac received her PhD from UCLA in 2006, and then went to the University of Chicago as a postdoctoral scholar. She has been a faculty member in the department of economics at Koc University since 2008. Her main area of expertise is experimental economics. She does both laboratory and field experiments, and her research contributes to three main areas: 1) understanding the determinants and malleability of individual preferences, attitudes and non-cognitive skills starting from childhood, 2) studying gender differences in economic behavior and policies to reduce gender gaps, 3) studying information processing and the effects of policies such as performance feedback in the workplace and educational contexts. She has also done research on neuroeconomics. Her research to date has been supported by the European Commission (ERC Consolidator Grant, Marie Curie IRG), the Scientific and Technological Council of Turkey, the US National Science Foundation and the Russell Sage Foundation.

In their own words…

IEA: Can you tell us what made you pursue a career in economics?

Seda: I did not have much idea of the range of things economists could study when I entered the undergraduate program in economics—I honestly thought it would be exchange rates and inflation and the stock market. As someone who was always broadly interested in psychology and curious about human behavior, I was pleasantly surprised when I saw that economics gave you a way of understanding and modeling individuals’ actions in a variety of interesting contexts. I realized that there were many questions at the intersection of economics and psychology that interested me, and felt that exploring those questions was something I wanted to do. During my PhD at UCLA, I started with theoretical modeling and (lab) experimental tests of beliefs about the self and effort behavior (how individuals’ effort responds to relative performance feedback, and how we process information that is relevant to
our ego). I then had the chance to branch out into field experiments and neuroeconomics during my postdoctoral studies at the University of Chicago. In recent years, I have been studying the formation of preferences in childhood, and designing interventions to improve non-cognitive skills in the educational environment. I am very happy that the work I do as an economist has policy implications and can play a role in improving educational and gender outcomes.

IEA: A lot of your work focuses on gender differences in diverse areas such as education, negotiations,
teams, and leadership. Can you briefly tells us about a couple of your findings that surprised you.

Seda: I have tried to answer three types of questions in my work on gender: 1) in what contexts do gender differences exist?, 2) what are the reasons for these differences?, 3) what can we do to mitigate inefficient gender gaps? As regards the first question, it was quite interesting for me to see that women tend to be reluctant to take on the decision-making role in group contexts (Ertac and Gurdal, 2012), which is likely to be one of the reasons why we see so few women in leadership contexts. This actually turned out to be a quite robust finding and was corroborated in further studies that use this setup (e.g., Alan et al. (2020)). As regards the second question, it was one of the most interesting experiences of my life to visit the tribes of Northeast India, where we found that in matrilineal societies, gender gaps that appear around puberty in patriarchal societies never emerge, which points to the role of socialization (e.g., Andersen et al. (2013)). In terms of what can be done to mitigate the gaps, one interesting insight has come from the educational interventions we have conducted in Turkey: when we teach children about the role of effort and persistence in achievement, girls become more optimistic about their future performance, and the well-documented gender difference in competitiveness disappears (Alan and Ertac, 2019)).

IEA: Researchers based in developing countries sometimes face serious obstacles in accessing research networks that are based largely in advanced countries. For women, the challenges can be even greater. What has been your experience in this regard? Would you have some advice for younger scholars?

SedaThis is a very important issue. Collaborative work has become the norm in economics and it is quite difficult to write papers alone, especially if you would like to do field studies, which require a team and funding. I believe it is possible to do good research everywhere, but it is easier if one can collaborate with and learn from established researchers/groups. I have been lucky in this regard, and have been able to use the experience of having worked with very good researchers in the US to establish a working research setup in Turkey. For PhD students and younger scholars in developing countries, I would suggest attending conferences as much as they can and being proactive about sharing and talking about their ideas with more experienced researchers abroad (Covid-19 may have actually been beneficial in this regard, as we have easier access to conferences and workshops). Many established scholars are open to having motivated and hardworking young scholars as collaborators, and I think it would be good to put effort into forming such connections and signaling these skills. Also, if their country offers specific
research opportunities (e.g. interesting/accessible field context, data, institutions, policies etc.), I would urge young scholars to pursue these opportunities and reach out to potential collaborators.

References:

Alan, S., Ertac, S., Kubilay, E., & Loranth, G. (2020). Understanding gender differences in leadership. The Economic Journal, 130(626), 263-289.

Alan, S., & Ertac, S. (2019). Mitigating the gender gap in the willingness to compete: Evidence from a randomized field experiment. Journal of the European Economic Association, 17(4), 1147-1185.

Andersen, S., Ertac, S., Gneezy, U., List, J. A., & Maximiano, S. (2013). Gender, competitiveness, and socialization at a young age: Evidence from a matrilineal and a patriarchal society. Review of Economics and Statistics, 95(4), 1438-1443.

Ertac, S., & Gurdal, M. Y. (2012). Deciding to decide: Gender, leadership and risk-taking in groups.
Journal of Economic Behavior & Organization, 83(1), 24-30.