Richard Ely Distinguished Lecture Series 2005-2006

David Laibson
Harvard University

Lecture 1 : Monday, April 3
Title: Neuroeconomics and Instant Gratification
3:30-5:00 PM, Mudd 26

Available papers:

• Samuel M. McClure, David Laibson, George Loewenstein, Jonathan D. Cohen
  Separate Neural Systems Value Immediate and Delayed Monetary Rewards, Science 306, October 15, 2004.
• Christopher Harris and David Laibson
  Instantaneous Gratification May, 2004

Lecture 2 : Wednesday, April 5
Title: Consumption, Savings and Paternalism
3:30-5:00 PM, Mergenthaler 111

Available papers:

• David Laibson, Andrea Repetto, and Jeremy Tobacman
  Estimating Discount Functions with Consumption Choices over the Lifecycle August 11, 2005
• James Choi, David Laibson, and Brigitte Madrian
  $100 Bills on the Sidewalk: Suboptimal Saving in 401(k) Plans July 16, 2005
• James Choi, Brigitte Madrian, David Laibson, and Andrew Metrick
  Optimal Defaults and Active Decisions December 3, 2004
• James Choi, David Laibson, and Brigitte Madrian
  Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds December 2005
• James Choi, David Laibson, and Brigitte C. Madrian
  Are Education and Empowerment Enough? Under-Diversification in 401(k) Plans forthcoming, Brookings Papers on Economic Activity
• James Choi, David Laibson, Brigitte Madrian, and Andrew Metrick
  Optimal Defaults American Economic Review Papers and Proceedings, May 2003

Lecture 3 : Friday, April 7
Title: Bounded Rationality and Markets
3:30-5:00 PM, Mergenthaler 111

Available papers:

• Xavier Gabaix and David Laibson
  Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets forthcoming, Quarterly Journal of Economics
• Xavier Gabaix, David Laibson, Guillermo Moloche, and Stephen Weinberg
  Information Acquisition: Experimental Analysis of a Boundedly Rational Model forthcoming, American Economic Review
• Xavier Gabaix, David Laibson, and Hongyi Li
  Extreme Value Theory and the Effects of Competition on Profit