Economic Analysis & Policy
Ned Augenblick is a professor in the Economic Analysis and Policy Group at Berkeley Haas. His focus is behavioral economics, which is the incorporation of psychological insights into economics. Broadly, economics is built on a very useful framework of rational decision-making to make predictions about human behavior. However, in reality, people systematically deviate from this rationality benchmark. By understanding and integrating these deviations into economic models, it is possible to create more accurate predictions and policy recommendations about the world. Augenblick has explored these deviations from rational thinking using theoretical models, experimental data, and empirical environments in settings ranging from online markets to the voting booth to the stock market. This research has published in top journals in economics as well as being discussed in outlets such as the Financial Times, the New York Times, and the Atlantic. For the last eight years, Augenblick has taught the core strategy class to full-time Berkeley MBA students. The class combines the framework of game theory with behavioral economics to understand how executives can make thoughtful decisions that drive sustainable competitive advantage in the marketplace. Prior to teaching strategy, Augenblick taught game theory and statistics. Augenblick studied economics and psychology at Georgetown and mathematics at the University College Dublin, and received his PhD in Economics from Stanford.
Expertise and Research Interests
- Behavioral Economics
- Economic Analysis
- Online Markets
- Ned Augenblick and Matthew Rabin. An Experiment on Time Preference and Misprediction in Unpleasant Tasks. Review of Economic Studies.
- Ned Augenblick and Aaron Bodoh-Creed. To Reveal or Not to Reveal: Privacy Preferences and Economic Frictions. Games and Economic Behavior.
- Ned Augenblick, Jesse Cunha, Ernesto Dal Bo, and Justin Rao. The Economics of Faith: Using an Apocalyptic Prophecy to Elicit Religious Beliefs in the Field. Journal of Public Economics.
- Ned Augenblick and Scott Nicholson. Ballot Position, Choice Fatigue, and Voter Behavior. Review of Economics Studies.
- Ned Augenblick. The Sunk-Cost Fallacy in Penny Auctions. Review of Economic Studies.
- Ned Augenblick, Muriel Niederle, and Charles Sprenger. Working Over Time: Dynamic Inconsistency in Real Effort Tasks. The Quarterly Journal of Economics.
- Ned Augenblick and Jesse Cunha. Using Competition to Elicit Cooperation in a Public Goods Game: A Field Experiment. Economic Inquiry.
At Haas since 2010
2018 – present, Associate Professor, Haas School of Business
2010 – 2018, Assistant Professor, Haas School of Business
- American Economic Review, the Quarterly Journal of Economics, the Review of Economic Studies, Journal of Political Economy, American Political Science Review, American Journal of Political Science, Review of Economics and Statistics, American Economic Journal: Microeconomics, the Journal of the European Economic Association, RAND, the Journal of Public Economics, Economic Journal, Economic Inquiry, Management Science, Experimental Economics, Games and Economic Behavior, the Journal of Economics & Management Strategy, Journal of Labor Economics, the Journal of Economic Psychology, Public Choice, Electoral Studies, Review of Industrial Organization, Journal of Institutional and Theoretical Economics, California Management Review, AMMA 2011 (Auctions, Market Mechanisms and their Applications), EC’11 (the ACM conference on Electronic Commerce).
- Summer Institute in Behavioral Economics, Trento, Italy, 2006
- Complex Systems Summer School, Santa Fe Institute, 2005
- Associate Editor: the Review of Economics and Statistics, 2016
Leonard W. and Shirley R. Ely Dissertation Fellowship
2009 – 2010
George Shultz Fellowship Funding (Swoopo Project)
Centennial TA Award: University-wide Annual Teaching Award
George Shultz Fellowship Funding (Election Project)
John M. Olin Law and Economics Program Fellowship
Outstanding Teaching Assistant Award: Six-time winner
2005 – 2009
- The Plan That Could Give Us Our Lives Back, The Atlantic, 08/14/2020
- Here’s one way to make daily COVID-19 testing feasible on a mass scale, MIT Technology Review, 07/22/2020
- Federal Officials Turn to a New Testing Strategy as Infections Surge, The New York Times, 07/01/2020
- Strategy, MBA 299
- Competitive Game Theory, EWMBA 299E