2012 Leigh Lecture Speaker
3/8/2012 7:00:00 PM - 3/8/2012 8:32:00 PM
2012 Bertha C. and Roy E. Leigh Distinguished Lecture in Economics[back]
Dr. Matthew Rabin, Edward G. and Nancy S. Jordan Professor of Economics, University of CA, Berkeley
Incorporating More Realistic Psychology into Economics
Professor Rabin will explain recent efforts to combine the substance, techniques, and goals of standard economics with psychological factors previously under-emphasized by economists. He will present findings that suggest the need for modifying economic theory to include such phenomena as people mispredicting their own tastes or suffering from self-control problems, and briefly explain how economists are beginning to use this research to change and improve economics.