Russell Ackoff Doctoral Student Fellowships

Grants for research in decision-making under risk and uncertainty

Since 2006, the Russell Ackoff Doctoral Student Fellowship program of the Wharton Risk Management and Decision Processes Center has provided grants to University of Pennsylvania Ph.D. students who are pursuing research in decision making under risk and uncertainty.  The research fellowships are named in honor of an endowment provided to the Wharton School by the Anheuser-Busch Charitable Trust.  Professor Emeritus of Management Science, Russell Ackoff’s work was dedicated to furthering our understanding of human behavior in organizations.  The fellowship awards range from $1,000-$4,000.  Funds may be used for data collection, travel, and other direct research expenses (not stipend support, research assistants or computer purchases). Potential initiatives to receive funding include Insurability and Risk Management; Managing Environmental, Health and Safety Risks; Behavioral Economics; and Decision Processes.  Doctoral students throughout Penn engaged in on-going research that relates to problems in decision making under risk and uncertainty are encouraged to apply.  The 2020 call for proposals is now closed.  The 2021-2022 call will open in Spring 2021.

Recent recipients of the Wharton Risk Center Russell Ackoff Doctoral Student Fellowships:

Please contact Carol Heller at for more information.

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