Behavioral Economics and Aging

This theme encompasses theory and empirical analysis at the intersection of psychology and economics, the Behavioral Change Research Network, and experimental economics innovations.  Berkeley is a leading center of this work, with aging-focused research such as on understanding financial decision-making among the elderly, and behavioral economics interventions to improve health behaviors.  Resaerchers in this sub-field also concern themselves with questions of methodology and the assumptions and expectations of the research community, and how these shape the field.  

Project Director:
Jonathan Kolstad (Haas School of Business, UC Berkeley) and Benjamin Handel (Economics, UC Berkeley)
Description:
This study examines the health and health care benefits of an increasingly common strategy: physician behavioral incentives for recommended care utilization paired with adoption of information technology innovations that provide feedback on adherence.
Project Director:
Ming Hsu (Haas School of Business, UC Berkeley)
Description:

This project aims to study the causal connections between brain and behavior in social and interpersonal settings. Deficits in social behavior are symptoms of a striking array of neurocognitive disorders.

Project Director:
Don Moore (Haas School of Business, UC Berkeley)
Description:

Some of the most important developmental milestones in a person’s life involve changes in confidence. How does this confidence change as adults mature into old age?  On the one hand, we might expect that age and experience help people become better calibrated in their confidence judgments.

Project Director:
Ulrika Malmendier(Department of Economics, UC Berkeley)
Description:

Given the strong and very similar pattern of how past experiences affect current expectations in two different contexts, stocks and inflation, this pilot proposes to explore the generalizability of the "experience effect." Do unemployment experiences bias unemployment expectations?

Project Director:
Ming Hsu (Haas School of Business, UC Berkeley)
Description:

The monoamine neuromodulatory systems, in particular dopamine and serotonin, are known to be critical for decision-making processes in all vertebrate species. In humans, however, there has been little evidence directly linking monoamine turnover rates and behavioral measures.

Project Director:
Mathew Rabin (Economics, UC Berkeley)
Description:

The proposed research is a theoretical and empirical project joint with Dan Benjamin at Cornell relating to psychological biases and the interpretation of some existing research on health, longevity, and political beliefs, and to develop methods for improving these elicitations.

Project Director:
William Dow and Justin White (School of Public Health, UC Berkeley)
Description:

CEDA Pilot Report

Using Group Commitment To Promote Smoking Cessation in Thailand

By William H. Dow and Justin White

Project Director:
Shachar Kariv (Economics, UC Berkeley)
Description:

The first aim of the project is to generate and analyze new experimental data for understanding preferences with a much larger and much more diverse pools of subjects than the usual collection of university students.

Project Director:
Shachar Kariv (Economics, UC Berkeley)
Description:

Project Activities

Project Director:
Dan Silverman (Department of Economics, University of Michigan)
Description:

The proposed research would implement and experimental "audit" study of differences in the call back rates for job applications for older workers, by time unemployed. The experiment would send matched pairs of applications, from workers 50 and older, to posted job openings.

Project Director:
Alexander Gelber
Description:

This project uses Social Security Administration (SSA) data on individuals’ day of birth, and earnings to examine how the size of Old Age and Survivors Insurance (OASI) benefits affects individuals’ earnings.  

Project Director:
Stefano DellaVigna
Description:

Study Activities