Becker Friedman Institute (BFI)
Business Profile
Core Value Proposition
Becker Friedman Institute (BFI) provides frontier economic research and analysis across the University of Chicago economics community, uniting researchers from multiple schools to turn evidence-based research into real-world impact.
Target Customer
UChicago faculty, researchers, pre-doctoral researchers, graduate students, and media/public audiences seeking economic insights; policy professionals.
Key Differentiator
Cross-departmental hub with extensive programs (PREP, Expanding Discovery in Economics+), dedicated research initiatives and centers, the BFI Data Studio, and active media/public dissemination channels, enabling wide collaboration and impact across the campus.
Implementation Timeline
Access to resources is immediate for affiliated members; programs (PREP, EDE+) have ongoing cycles and application processes; events, briefs, and publications occur on regular schedules (weekly to quarterly).
Pain Points
- 1Need for a bridge between undergraduate studies and graduate-level empirical economics (PREP, EDE+ programs).
- 2Access to data, research resources, and support for faculty to conduct and disseminate research.
- 3Translating cutting-edge economics research into policy impact and public understanding.
Key Features
- 1Research initiatives and centers (Big Data Initiative, Chicago Experiments Initiative, Health Economics Initiative, Industrial Organization Initiative, International Economics and Economic Geography Initiative, Macroeconomic Research Initiative, etc.)
- 2Scholars, Visiting Scholars, Saieh Family Fellows, Predoctal Research Professionals
- 3SPEAK: A scalable computer-adaptive tool to measure knowledge of early human development
- 4BFI Data Studio for data-driven insights
- 5News, Insights, Podcasts, Videos, and Events for dissemination and engagement
Target Customer Industries
Client Results
- 1Advancement and dissemination of frontier economic research within and beyond the University of Chicago
- 2Access to data tools, research papers, briefs, podcasts, and multimedia content that translate research into accessible insights
- 3Collaborations and partnerships (e.g., with AI firm Anthropic) that extend research impact into technology and policy domains
Competitive Advantages
- 1University-wide, multi-department collaboration enabling broad scholarly impact
- 2Structured training and career development programs (PREP, EDE+)
- 3Robust suite of centers, initiatives, and tools (Data Studio, SPEAK) to support research and dissemination
- 4Active media presence and public-facing content to amplify policy-relevant findings
Key Benefits
Additional Product Information
Product Description
A hub for frontier economic analysis and research at the University of Chicago, uniting the economics community to generate evidence-based insights and real-world impact.
Target Market
UChicago economics faculty, researchers, and students, with broader reach to policy makers, media, and the public through disseminated research and insights.
Unique Value Proposition
A university-spanning, multi-disciplinary research ecosystem with extensive programs, data tools, and media channels that accelerate the creation, verification, and dissemination of actionable economic knowledge.
Technical Requirements
Many intranet resources require a CNET ID sign-in; some materials may require Google sign-in or affiliated access for faculty and researchers.
Pricing Model
Not publicly disclosed; resources and programs are offered to affiliated researchers, students, and partners through application and access processes.
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