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Industrial Doctorate funding awarded to Jorgo Goossens for pension research

NWO funds sixteen PhD students through the Industrial Doctorates programme. Jorgo Goossens is one of them, a PhD student at the department of Econometrics & OR at the Tilburg School of Economics and Management (TiSEM), supervised by prof. Bas Werker.

Jorgo will carry out his research at both Tilburg University and a participating company, in his case financial services provider APG. His research proposal is entitled Behavioral biases and individual heterogeneity in pensions: Household Asset Liability Management.

There is a lively pension debate in the Netherlands. Like elsewhere, the shift to Defined Contribution products implies more freedom of choice for individuals. The project studies how individual can be guided in this choice process to ensure optimal outcomes for them personally but also for society at large.

Industrial Doctorate Programme

The chance that the knowledge actually finds its way into practice increases when both the company and knowledge institution work closely together. The Industrial Doctorates programme contributes to intensive collaboration and focuses strongly on talent development of the PhD student. Special attention was given to cooperation with small and medium-sized enterprises (SMEs). The NWO grant budget available for this programme is 3.4 million euros in total.

TiU proposals

A total of more than 145 preproposals were submitted, of which 44 were selected for the complete assessment procedure. After the assessment procedure, NWO awarded sixteen projects. Tilburg University has submitted six proposals, of which three went on to the interview phase. At the end the proposal, submitted by Jorgo Goossens and prof. Bas Werker, was awarded.