Behavioral Economics

This transdisciplinary field has many of its roots at Berkeley (McFadden, Kahneman, Rabin, to name a few). Currently at Berkeley researchers are utilizing this framework to examine population processes, requiring both a disciplinary shift as well as methodological adjustments in the form of experimental design research and interventions. The topics studied by this group include the decision to move a partner or parent into a nursing home, volunteering in the care for the elderly, the amount of savings for retirement, and the adoption of medical treatments. For example, Stefano DellaVigna has studied areas of misprediction . inaccurately predicting the likelihood of risk and benefit in the future . and its impact on decision-making. Another example of the work in behavioral economics at UCB is a novel program in behavioral economics which provides at least partial support for four postdoctoral fellows and includes a weekly seminar with guest speakers from both the UCB campus and visitors.

Project Director:
David Levine
Description:

In this project, Levine studies in a developing setting the importance of behavioral factors for the take-up of technological innovations: cleaner burning cook stoves.

Project Director:
William Dow
Description:

Over twenty percent of HIV-positive persons in the United States are unaware of their infection, leading the Institute of Medicine to recently urge further work to compare the effectiveness of HIV screening strategies.