About: David Laibson

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David Isaac Laibson (born June 26, 1966) is a professor of economics at Harvard University, where he has taught since 1994. His research focuses on macroeconomics, intertemporal choice, behavioral economics, and neuroeconomics. In 2016, he became chairman of the Harvard economics department. At Harvard, he teaches Economics 2030: Psychology and Economics. He also co-teaches Economics 10, the year-long introductory economics class at Harvard, together with Jason Furman. His research has been published in prestigious journals such as the QJE, AER, JEP, Econometrica, and Science.

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  • David Isaac Laibson (* 1966) ist ein US-amerikanischer Ökonom an der Harvard University. Laibson erwarb 1988 an der Harvard University einen Bachelor und 1990 an der London School of Economics einen Master, sowie 1994 bei Olivier Jean Blanchard und am Massachusetts Institute of Technology mit der Arbeit Hyperbolic Discounting and Consumption einen Ph.D. in Wirtschaftswissenschaften. Noch im Jahr 1994 erhielt er eine erste Professur (Assistant Professor) an der Harvard University. 1998 wurde er Associate Professor, 2002 erhielt er eine ordentliche Professur. Seit 2015 ist er Inhaber des dortigen Lehrstuhls für Wirtschaftswissenschaften. David Laibson ist vor allem für seine Arbeiten zur zeitlichen Inkonsistenz wirtschaftlicher Entscheidungen bekannt. Mit dem Begriff belegt Laibson die Neigung von Menschen, zeitlich näherliegende Gewinne den späteren vorzuziehen, was über die Zeit betrachtet zu inkonsistenten Entscheidungen führt: Menschen treffen heute Entscheidungen, die ihr zukünftiges Ich – unter sonst gleichen Bedingungen – lieber nicht getroffen hätte. Laibson hat (Stand Mai 2022) einen h-Index von 87. Dabei wurde alleine seine Arbeit Golden Eggs and Hyperbolic Discounting fast 7500-mal zitiert. 2011 wurde er zum Mitglied der American Academy of Arts and Sciences gewählt, 2019 zum Mitglied der National Academy of Sciences und 2022 zum Mitglied der American Philosophical Society. (de)
  • David Isaac Laibson (born June 26, 1966) is a professor of economics at Harvard University, where he has taught since 1994. His research focuses on macroeconomics, intertemporal choice, behavioral economics, and neuroeconomics. In 2016, he became chairman of the Harvard economics department. Laibson was raised by Ruth and Peter Laibson in Haverford, Pennsylvania. He received an AB (summa) from Harvard in 1988, studying under Benjamin M. Friedman, and went on to win a Marshall Scholarship to study at the London School of Economics (MSc in Econometrics and Mathematical Economics). He received his PhD from MIT in 1994 and joined the faculty at Harvard once he graduated. He has since gained tenure. He is married to the mathematician Nina Zipser, and they have a son, Max. At Harvard, he teaches Economics 2030: Psychology and Economics. He also co-teaches Economics 10, the year-long introductory economics class at Harvard, together with Jason Furman. His research has been published in prestigious journals such as the QJE, AER, JEP, Econometrica, and Science. Laibson is well known for his work on time inconsistency, especially his model of quasi-hyperbolic discounting. One of his most prominent early contributions has been the "Golden Eggs and Hyperbolic Discounting" 1997 paper in QJE where he studied the intertemporal behavior of a time-inconsistent consumer. This work provides a tractable model for self-control problems, in which agents have difficulty sticking to their long-term goals. Agents in Professor Laibson's models generally value "commitment devices," such as 401(k) plans or housing equity, that let them accumulate assets without as much temptation to splurge. These models also explain the "debt puzzle," the idea that American consumers demonstrate both short-run impatience and long-run patience in their lifecycle savings decisions. Laibson has since developed hyperbolic discounting research in many directions, from more advanced theoretical models to computational macroeconomics to conceptual applications. His own applications of his models have focused primarily on retirement savings, with considerable empirical work on 401(k) plans. He has acquired access to a proprietary dataset of the 401(k) information for several dozen companies, which has allowed him to empirically investigate the effects of various 401(k) plan designs on the investment strategies of the plan participants. One important result to come from this research is that plan participants tend to follow the "path of least resistance," showing remarkable responsiveness to defaults and other context effects. For example, a company can dramatically increase participation in its 401(k) plan if it enrolls its employees in the plan by default unless they take a minor step to opt out. However, employees tend to stick to the default contribution rates and investment allocations. Much of this theoretical and empirical work has been co-authored with Brigitte Madrian, , , Andrea Repetto, and , among many others. Laibson's quasi-hyperbolic discounting models have also been extended and applied to addiction by Matthew Rabin, , and Jonathan Gruber, among others. Laibson has written a Principles of Economics textbook with MIT economist Daron Acemoglu and University of Chicago economist John A. List. Another area of research focus for Laibson involves models of bounded rationality in markets; he has co-authored papers in this field with Xavier Gabaix and other scholars. For his career achievements, he was elected to the National Academy of Sciences in 2019. (en)
  • David Laibson est un économiste américain. Il est connu pour avoir modélisé l'incohérence temporelle des agents avec le modèle à facteur d'escompte hyperbolique. (fr)
  • Дэвид Лейбсон (англ. David I. Laibson; род. 26 июня 1966) — американский экономист, один из крупнейших специалистов в области нейроэкономики и поведенческой экономики. Член Национальной академии наук США (2019) и Американского философского общества (2022). Бакалавр Гарвардского университета (1988); магистр Лондонской школы экономики (1990); степень доктора философии получил в Массачусетском технологическом институте (1994). В настоящее время — профессор Гарварда. Квазигиперболические модели дисконтирования Лейбсона развивали и использовали такие экономисты как Мэттью Рабин, , Джонатан Грубер и некоторые другие. (ru)
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  • David Laibson in 2007 (en)
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  • David Laibson est un économiste américain. Il est connu pour avoir modélisé l'incohérence temporelle des agents avec le modèle à facteur d'escompte hyperbolique. (fr)
  • David Isaac Laibson (* 1966) ist ein US-amerikanischer Ökonom an der Harvard University. Laibson erwarb 1988 an der Harvard University einen Bachelor und 1990 an der London School of Economics einen Master, sowie 1994 bei Olivier Jean Blanchard und am Massachusetts Institute of Technology mit der Arbeit Hyperbolic Discounting and Consumption einen Ph.D. in Wirtschaftswissenschaften. Noch im Jahr 1994 erhielt er eine erste Professur (Assistant Professor) an der Harvard University. 1998 wurde er Associate Professor, 2002 erhielt er eine ordentliche Professur. Seit 2015 ist er Inhaber des dortigen Lehrstuhls für Wirtschaftswissenschaften. (de)
  • David Isaac Laibson (born June 26, 1966) is a professor of economics at Harvard University, where he has taught since 1994. His research focuses on macroeconomics, intertemporal choice, behavioral economics, and neuroeconomics. In 2016, he became chairman of the Harvard economics department. At Harvard, he teaches Economics 2030: Psychology and Economics. He also co-teaches Economics 10, the year-long introductory economics class at Harvard, together with Jason Furman. His research has been published in prestigious journals such as the QJE, AER, JEP, Econometrica, and Science. (en)
  • Дэвид Лейбсон (англ. David I. Laibson; род. 26 июня 1966) — американский экономист, один из крупнейших специалистов в области нейроэкономики и поведенческой экономики. Член Национальной академии наук США (2019) и Американского философского общества (2022). Бакалавр Гарвардского университета (1988); магистр Лондонской школы экономики (1990); степень доктора философии получил в Массачусетском технологическом институте (1994). В настоящее время — профессор Гарварда. (ru)
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  • David Laibson (en)
  • David Laibson (de)
  • David Laibson (fr)
  • Лейбсон, Дэвид (ru)
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