Program

Program in Behavioral Economics Research

Studying the psychological mechanisms that drive economic behavior.

Faculty Directors

Leo BursztynLeonardo Bursztyn, Saieh Family Professor, the Kenneth C. Griffin Department of Economics; Co-Director of BFI Political Economics Initiative
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Alex ImasAlex Imas, Professor of Behavioral Science and Economics and Vasilou Faculty Scholar, Booth School of Business
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About

The Program in Behavioral Economics Research is dedicated to studying the psychological mechanisms that drive economic behaviors across different environments. Through a blend of theoretical insights and empirical research, our affiliates seek to bridge the gap between traditional economic models and the nuanced nature of human decision-making.

The program aims to provide resources to PhD students and junior faculty to assist them in their research in the field of behavioral economics. Please contact the program directors with questions on how the program can support your work in behavioral economics.

Available Courses for PhD Students

Affiliated with the Program in Behavioral Economics Research

    • 38916 – Behavioral Economics – Development & Observational Data (Joshua Dean and Devin Pope)
    • 38917 – Topics in Behavioral Economics (Leo Bursztyn)
    • 38918 – Behavioral Economics – Theory & the Lab (Alex Imas)
    • 41300 – A Course in Experimental Economics (John List)

Resources for Students

As part of its mission to assist early career researchers, the program provides small grants for PhD students and Postdoctoral researchers. The limit on grants is $10,000 and the grant’s use is restricted to research purposes. We encourage potential applicants to present their work at one of the labs associated with the PBER prior to submitting to ensure that the project is a good fit for the Program and to receive feedback prior to submission. The labs include: The Booth BE Lab or the Normal Lab.

If you are interested in applying for a grant from the program, please submit a 1-2 page research plan and budget at the link below. Note that there is no deadline for grant applications. All applications will be evaluated on a rolling basis.

https://forms.gle/bqGUVpedSLiCUtf77

Fall 2025 Behavioral Economics Seminar Series

All times are from 12 – 1:15 PM CT. Click here for more information.

*Please note that on October 20, 2025, the workshop is being hosted by the Behavioral Science workshop and thus has a different time and location noted on the agenda.

Monday, September 29, 2025Matthew Rabin, Harvard Business School
Monday, October 6, 2025Laura Veldkamp, Columbia University
Monday, October 13, 2025Colin Camerer, Caltech
*Monday, October 20, 2025Charlie Rafkin, University of British Columbia
Monday, October 27, 2025Dan Benjamin, UCLA
Monday, November 3, 2025Seminar Canceled
Monday, November 10, 2025Mattie Toma, University of Warwick
Monday, November 17, 2025John Beshears, Harvard Business School
Monday, December 1, 2025Christine Exley, University of Michigan

Affiliated Labs

The Booth Behavioral Economics Lab

The Behavioral Economics Lab Group is comprised primarily of PhD students across the University along with behavioral economics faculty members at Booth. The group serves as a space for discussing ideas, building friendships, and receiving feedback.

Each week, we come together for an informal discussion on a wide range of topics, allowing a fun exchange of ideas. This is followed by a student presentation of early-stage research. Students are given the opportunity to improve their presentation skills and get valuable feedback from the group. View website

The Normal Lab

At The Normal Lab, economics research—and the policies and solutions it inspires—must consider the interplay between individuals and their social environments. Under the leadership of University of Chicago Professor Leonardo Bursztyn, the Lab’s work combines the rich toolbox of economics—from observational data analysis to field experiments to theory—with insights from psychology, anthropology, and other fields. View website

Associated Scholars

UChicago Scholar

Daniel Bartels

Robert S. Hamada Professor of Marketing, Booth School of Business
UChicago Scholar

Francesca Bastianello

Assistant Professor of Finance and Liew Family Junior Faculty Fellow, Fama Faculty Fellow, Booth School of Business
UChicago Scholar

Marianne Bertrand

Chris P. Dialynas Distinguished Service Professor of Economics and Willard Graham Faculty Scholar, Chicago Booth
UChicago Scholar

Zarek Brot-Goldberg

Assistant Professor, Harris Public Policy
UChicago Scholar

Leonardo Bursztyn

Saieh Family Professor, the Kenneth C. Griffin Department of Economics; Co-Director of BFI Political Economics Initiative
UChicago Scholar

Joshua Dean

Assistant Professor of Behavioral Science and Economics, Booth School of Business
UChicago Scholar

Rebecca Dizon-Ross

Associate Professor of Economics and Charles E. Merrill Faculty Scholar, Booth School of Business

Reid Hastie

Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science, Booth School of Business
UChicago Scholar

Alex Imas

Roger L. and Rachel M. Goetz Professor of Behavioral Science and Economics, Booth School of Business
UChicago Scholar

Emir Kamenica

Richard O. Ryan Professor of Economics and Neubauer Family Faculty Fellow, Booth School of Business
UChicago Scholar

Anne Karing

Neubauer Family Assistant Professor of Economics, Kenneth C. Griffin Department of Economics

Erika Kirgios

Assistant Professor in Behavioral Science, Booth School of Business
UChicago Scholar

Andreas Kraft

Assistant Professor of Marketing and Asness Faculty Fellow, Booth School of Business
UChicago Scholar

John List

Kenneth C. Griffin Distinguished Service Professor in Economics and the College, Kenneth C. Griffin Department of Economics, Director, Becker Friedman Institute for Economics; Director, BFI Chicago Experiments Initiative
UChicago Scholar

Jens Ludwig

Edwin A. and Betty L. Bergman Distinguished Service Professor, Harris School of Public Policy; Director, University of Chicago Crime Lab; Co-Director of the Education Lab
UChicago Scholar

Yueran Ma

Carhart Family Professor of Finance and Fama Faculty Fellow, Chicago Booth
UChicago Scholar

Stefan Nagel

Fama Family Distinguished Service Professor of Finance, Booth School of Business
UChicago Scholar

Matthew Notowidigdo

David McDaniel Keller Professor of Economics, Booth School of Business; Co-Director of BFI Health Economics Initiative
UChicago Scholar

Devin Pope

Steven G. Rothmeier Professor of Behavioral Science and Economics, Booth School of Business
UChicago Scholar

Doron Ravid

Associate Professor in Economics and the College, the Kenneth C. Griffin Department of Economics

Stephanie Smith

Assistant Professor in Marketing, Booth School of Business
UChicago Scholar

Avner Strulov-Shlain

Assistant Professor of Marketing, Booth School of Business

Abigail Sussman

Professor of Marketing, Booth School of Business
UChicago Scholar

Richard Thaler

Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics, Booth School of Business

Alexander Todorov

Walter David “Bud” Fackler Distinguished Service Professor of Behavioral Science, Booth School of Business
UChicago Scholar

Oleg Urminsky

Theodore O. Yntema Professor of Marketing, Booth School of Business

George Wu

John P. and Lillian A. Gould Professor of Behavioral Science, Booth School of Business

Associated Research

BFI Working Paper·Jun 17, 2025

The Social Desirability Atlas

Leonardo Bursztyn, Ingar K. Haaland, Nicolas Röver, and Christopher Roth
Topics: Uncategorized
BFI Working Paper·Jun 10, 2025

Measuring Markets for Network Goods

Leonardo Bursztyn, Matthew Gentzkow, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, and Christopher Roth
Topics: Uncategorized
BFI Working Paper·Feb 5, 2025

Goals, Expectations, and Performance

Avner Strulov-Shlain and Alexandra Steiny Wellsjo
Topics: Uncategorized

Associated Past Events

Nov 10
Academic Conferences·Nov 10, 2025, 12:00 PM·Harper Center Room 3B

Fall 2025 Behavioral Economics Seminar Series

by Francesca Bastianello and Avner Strulov-Shlain
Nov 7
Academic Conferences·Nov 7, 2025, 9:00 AM·University of Chicago | David Rubenstein Forum | Room 601 1201 E 60th St, Chicago, IL 60637

2025 Social Economics Conference

by Leonardo Bursztyn
Nov 3
Academic Conferences·Nov 3, 2025, 12:00 PM·Harper Center Room 3B

Fall 2025 Behavioral Economics Seminar Series

by Francesca Bastianello and Avner Strulov-Shlain
View All

Associated Upcoming Events

Nov 17
Academic Conferences·Nov 17, 2025, 12:00 PM·Harper Center Room 3B

Fall 2025 Behavioral Economics Seminar Series

Organizers: Francesca Bastianello and Avner Strulov-Shlain
Dec 1
Academic Conferences·Dec 1, 2025, 12:00 PM·Harper Center Room 3B

Fall 2025 Behavioral Economics Seminar Series

Organizers: Francesca Bastianello and Avner Strulov-Shlain

Associated Insights

Research Briefs·Oct 12, 2023

When Product Markets Become Collective Traps: The Case of Social Media

Leonardo Bursztyn, Benjamin Handel, Rafael Jiménez-Durán, and Christopher Roth
Large shares of consumers use Instagram and TikTok out of a fear of missing out rather than genuine interest and, as a result, are worse off than if the platforms did not exist in the first place.
Topics: Uncategorized
Research Briefs·Oct 9, 2023

Time Preferences and Food Choice

Alex Imas, Andy Brownback, and Michael A. Kuhn
Present-focus and patience are highly predictive of food choice, suggesting that important aspects of nutrition are driven by time preferences.