How do people make future choices in settings of uncertainty? We posit that the performance of different strategies stored in the brain can be accessed through mental visualisation (or imagery). We further hypothesise that people who have experienced trauma face greater barriers in undertaking visualisation and hence stand to benefit more from the intervention. To test this theory, we developed a curriculum to teach entrepreneurs in Bogotá how to visualise the likely outcomes of their choices and study the impact of this intervention on their economic and psychological resilience.

In this project, researchers look at the role played by two market frictions - the lack of credentials and expensive travel costs - in limiting the effectiveness of young people's job search.