People

  • Stefano DellaVigna

    Co-Director

    Daniel E. Koshland, Sr. Distinguished Professor of Economics and Professor of Business Administration

    Stefano DellaVigna, a behavioral economist, is a co-editor of the flagship journal in economics, the American Economic Review, and also a co-editor of the first Handbook of Behavioral Economics. He has been an Alfred P. Sloan Fellow for 2008-10 and is a Distinguished Teaching Award recipient, the highest teaching honor conferred on the Berkeley campus. He delights in examining the impact of behavioral factors in a variety of economic settings, including persuasion in voting, the forecast of experimental results, and the impact of present-bias and reference dependence on unemployment. His research on behavioral finance has focused on limited attention among investors.

  • Ulrike Malmendier

    Co-Director

    Edward J. and Mollie Arnold Professor of Finance at the Haas School of Business and Professor of Economics at the Department of Economics, University of California, Berkeley

    Ulrike Malmendier is the recipient of the prestigious Fischer Black Prize from the American Finance Association, given biennially to the top financial scholar under the age of 40. The award recognizes Ulrike's pioneering work in behavioral corporate finance, and in particular her work on CEO overconfidence and other managerial biases. She was elected to the American Academy of Arts and Sciences in 2016. She has also been awarded a 2017 Guggenheim fellowship for her research on how lifetime experiences of economic shocks, such as high inflation and unemployment, shape an individual's later economic behavior.

  • George Akerlof

    Daniel E. Koshland, Sr. Distinguished Professor Emeritus of Economics; Nobel Laureate 2001

    George Akerlof is the 2001 recipient of the Alfred E. Nobel Prize in Economic Science; he was honored for his theory of asymmetric information and its effect on economic behavior. Among his other honors, he is also the 2006 President of the American Economic Association. His research pioneered not just the theory of asymmetric information, but also the study of behavioral economics, with path-breaking contributions on the macroeconomic impact of consumer biases, gift exchange, procrastination, and more recently the economics of identity.

  • Ned Augenblick

    Assistant Professor, Haas Economic Analysis and Policy Group

    Ned Augenblick is an applied behavioral theorist with research on diverse topics in behavioral economics, including sunk cost fallacy, hyperbolic discounting, and projection bias. His research on time preferences solves a long-standing puzzle between laboratory findings of limited present-bias for choices over money with the field evidence of present bias. Ned's research provides clear evidence of present bias in decisions over non-monetary outcomes, like effort, as the theory predicts.

  • Aaron Bodoh-Creed

    Assistant Professor, Haas Economic Analysis and Policy Group

    Aaron Bodoh-Creed is an applied behavioral theorist who joined Berkeley Haas in 2013 after spending three years at Cornell University. His work focuses among other topics on base-rate neglect and how it evolves over time, and on the impact of ambiguous beliefs in mechanism design.

  • David Card

    Class of 1950 Professor of Economics

    David Card is a leading researcher in labor economics and the Director of the Labor Studies Program at the NBER. He is the recipient of the 1995 John Bates Clark Medal and has been co-editor of two of the most prestigious journals in economics, Econometrica (1991-1995) and the American Economic Review (2002-2005). His research interests include immigration, wages, education, and health insurance. His behavioral papers include the study of the effects of pay equity of work satisfaction and the impact of emotional shocks to domestic violence.

  • Brad DeLong

    Professor, Department of Economics

    Brad DeLong is a research associate of the National Bureau of Economic Research and a fellow of the Institute for New Economic Thinking. He served in the U.S. government as Deputy Assistant Secretary of the Treasury for Economic Policy from 1993 to 1995, and he has been a pioneer in the use of economic blogs to reach a broad audience. His research in behavioral finance includes foundational work on the noise trader model, which forms the backbone to most behavioral finance models.

  • Ben Handel

    Associate Professor, Department of Economics

    Ben Handel is a 2015 Alfred P. Sloan Research Fellow in Economics and participated in the 2010 Review of Economic Studies European Tour. His research focuses on consumer choice in health insurance markets, with a behavioral focus. His research on consumer inertia and inattention in the choice of health insurance plans has positioned him as a leading specialist in behavioral health economics.

  • Teck Ho

    William Halford, Jr. Family Chair in Marketing

    Teck Ho is an expert in marketing. He received UC Berkeley's most prestigious teaching award, the Berkeley Distinguished Teaching Award, in 2010 and is currently the Editor-in-Chief of Management Science, the most prestigious management journal. His research interests in behavioral economics include an influential model of non-equilibrium thinking, the so-called k-level model. More recently, he has also been interested in behavior change with field experiment interventions in a variety of settings, from health care to energy use.

  • Shachar Kariv

    Benjamin N. Ward Professor of Economics, Department Chair

    Shachar Kariv is the current Chair of the Economics Department and former Faculty Director of Experimental Social Science Laboratory (XLab). His research in behavioral and experimental economics focuses on understanding individual preferences and attitudes towards risk and time, which inform nearly all aspects of decision-making. In particular, he pioneered the use of an experimental interface which allows for precise elicitation of time, risk, and social preferences. Recent research interests include the area of household financial decisions.

  • Jonathan Kolstad

    Assistant Professor, Haas Economic Analysis and Policy Group

    Jonathan Kolstad's research focuses on decision making in high stakes and complex environments, particularly health care. His work on information frictions and consumer choice in health insurance markets, patient response to complex insurance contracts and physician intrinsic motivation have been influential in bringing behavioral models to key questions in health economics. He has been awarded the Arrow Award for the Best Paper in Health Economics (2014) and the NIHCM Research Award (2016).

  • Daniel McFadden

    E. Morris Cox Professor Emeritus of Economics; 2000 Nobel Laureate in Economics

    Daniel L. McFadden is the 2000 Nobel Laureate in Economics for his work in econometric methods for studying behavioral patterns in individual decision-making. Among his many awards and honors, he received the John Bates Clark Medal from the American Economic Association in 1975 and was elected to the American Academy of Arts & Sciences in 1977. He has a long-standing interest in behavioral deviations from the standard model, with a more recent focus on behavioral factors in health care choices.

  • Edward Miguel

    Oxfam Professor in Environmental and Resource Economics

    Edward Miguel is the co-founder and Faculty Director of the Center for Effective Global Action (CEGA) at UC Berkeley, which promotes and supports innovative research on development topics globally. Ted is a recipient of the 2012 U.C. Berkeley campus-wide Distinguished Teaching Award, the highest teaching award on campus. His main research focus is on African economic development. His more recent behavioral research includes the study of the demand for, and effect of, commitment devices for health behavior.

  • Don Moore

    Professor, Lorraine Tyson Mitchell Chair in Leadership and Communication, Haas Management of Organizations Group

    Don A. Moore is a leading researcher in the area of behavioral decision-making and is on the Editorial Board of Psychological Science. His research interests include overconfidence, including when people think they are better than they actually are, when people think they are better than others, and when people are too sure they know the truth. He is only occasionally overconfident.

  • John Morgan

    Oliver E. and Dolores W. Williamson Chair of the Economics of Organizations

    John Morgan received the inaugural Oliver E. Williamson Award in 2013, the Haas School's highest faculty award named in honor of the Nobel Laureate. In 2004, he founded the school's Experimental Social Science Laboratory (XLab) for conducting experiment-based research, a key asset for the community of experimental and behavioral economists on campus. His behavioral research has focused, among others, on inattention in eBay auctions to shipping costs and on behavioral biases in voting.

  • Terry Odean

    The Rudd Family Foundation Chair, Haas Finance Group

    Terrance Odean is a member of the Russell Sage Behavioral Economics Roundtable, is a Wall Street Journal Expert Panelist, and has been an editor of the prestigious Review of Financial Studies. As an undergraduate at Berkeley, Odean studied Judgment and Decision Making with the 2002 Nobel Laureate in Economics, Daniel Kahneman. This led to his research focus on how psychologically motivated decisions affect investor welfare and securities prices, a field which he pioneered as the first researcher to gain access to individual trading decisions in a brokerage account.

  • David Sraer

    Associate Professor, Haas Finance Group; Associate Professor, Department of Economics

    David Sraer joined Berkeley in 2014 after spending 5 years at Princeton. David is a leading young researcher in the areas of corporate finance and behavioral finance. He has provided innovative evidence on the role of financial constraints on economic activity. His behavioral work explores the effect of investor disagreement on asset prices and includes an examination of the role of noise traders in the formation of bubbles.

  • Philipp Strack

    Assistant Professor, Department of Economics

    Philipp Strack joined Berkeley in 2014 after spending one year at Microsoft Research after his PhD in Bonn University. He is an applied theorist interested in "non-rational" models of dynamic behavior. His recent work led him to explore how individuals take into account new information in their decision and the role of regret in individual decisions.

  • Dmitry Taubinsky

    Assistant Professor, Department of Economics
    (July 2017 - )

    Dmitry Taubinsky is a behavioral economist who utilizes theoretical, empirical, and experimental methods to bring psychological insights to core questions in economics and public policy. He studies topics such as people's (in)attention to and (mis)understanding of tax incentives, energy policy for consumers inattentive to the energy costs of durables, optimal "sin taxes" on unhealthy goods such as sugary drinks or cigarettes, and policies aimed at promoting exercise. He also studies basic questions about individual decision-making, such as how other-regarding preferences are formed or how well experimental measures of self-control predict field behavior.