PUBLIC LECTURE Bertha C. and Roy E. Leigh Distinguished Lecture in Economics

MATTHEW RABIN EDWARD G. AND NANCY S. JORDON PROFESSOR OF ECONOMICS AT UNIVERSITY OF CALIFORNIA, 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. BIO: Matthew Rabin is the Edward G. and Nancy S. Jordan Professor of Economics at UC Berkeley. He received his PhD from MIT in 1989, the same year he joined the Berkeley faculty as an assistant SCHOOL OF professor. He also is director of the Program in Psychological Economics and a member of the ECONOMIC SCIENCES Russell Sage Foundation Behavioral Economics

Roundtable. He has held endowed visiting The Leigh Lecture is a university-wide lecture made professorships at the London School of Economics possible by a generous gift from the family of Duane and Harvard. His honors include MacArthur Leigh, Chair Emeritus of the Economics Department at Foundation “Genius” Fellowship; Econometric Washington State University. Previous speakers Society Fellow; John Bates Clark Medal from include Robert Lucas, James Heckman, Daniel American Economic Association; Fellow of McFadden, Orley Ashenfelter, Jerry Hausman, American Academy of Arts and Sciences; Alfred P. Timothy Kehoe, Katheryn Shaw, Alan Auerbach, Sloan Research Fellow; Graduate Economics Kerry Smith, Hal Varian, and Edward Lazear. Association, Outstanding Teaching Award; and the John von Neumann Award.

Thursday, March 8, 7:00 pm, CUB 177 Reception to follow