Digital Economy and Behavioral Economics


The group is doing research and consultation on digital economy and economic agent’s behavior using economic experiment. The research group focus on behavioral aspects of individual decision-making (e.g. withdrawal decision by depositors, job choice, decision to divorce, etc.). They also have been working on a multi-year project that focuses on the role of digital financial services on financial inclusion in Indonesia.

Head of Digital Economy and Behavioral Economics

Chaikal Nuryakin, Ph.D.
Digital Economy, Behavioral Economics

chaikalChaikal Nuryakin has been working as researcher at LPEM FEB UI since 2014. He obtained his bachelor degree in economics and master in economics science (MSE) from Faculty of Economics and Business, University of Indonesia (FEB UI) in 2002 and 2006. Later on, he studied at National Graduate Institute for Policy Studies (GRIPS) in Tokyo, Japan and obtained his master of arts (MA) degree in 2011 and PhD in Economics in 2015. His research interests are experimental and behavioral economics, banking and finance, monetary economics, econometrics and modelling.


Past Research Projects

– Indonesia Cost of Education, LPEM FEB UI and LPDP, 2017

– The Impact of ICT to Indonesia Firms’ Performance, LPEM FEB UI, 2017

– Indonesia Human Resource Mapping 2030, LPEM FEB UI and LPDP, 2017

– Digital Financial Services in Indonesia: Cost of Access and Regulatory Review, LPEM FEB UI and Microsave, 2016

– When Prime Depositors Run On the Bank: A Behavioral Approach, KANOPI FEB UI, 2016

– Mapping Persons with Disabilities (PWD) in Indonesia Labor Market, LPEM FEB UI and ILO, 2016

– Bank Indonesia Cluster Effectiveness on Regional Inflation. Study case: Onion and Red Chili Farm Cluster, LPEM FEB UI and Bank Indonesia, 2015

– Improving Electricity Subsidy Designk, BKF and GIZ, 2015

– The measurement of E-money Industry Saturation, LPEM FEB UI and Bank Indonesia, 2015

– Person with Disability and Unemployement, LPEM FEB UI, 2015.