Laibson isalso the Robert I. Goldman Professor of Economics in the Department. Laibson is also a member of the National Bureau of Economic Research, where he is Research Associate in the Asset Pricing, Economic Fluctuations, and Aging Working Groups.
But I'm not sure Laibson even knows what economics is. Most of his work has been in behavioral economics, which has as much to do with economics, as does home economics.
To be sure there is a science of behavioral economics, but it falls in a category somewhere between psychology and consumer marketing.
He also has written a lot about behavioral genetic theory:
. Most Reported Genetic Associations with General Intelligence Are Probably False Positives. Psychological Science 2012;23:1324-1336. PDFAnd he recently published:
The Genetic Architecture of Economic and Political Preferences. Proceedings of the National Academy of Sciences 2012;109(21):8026-8031. PDF .
The Fourth Law of Behavior GeneticsAgain, there certainly is a science worthy of study that can be considered behavioral genetic theory but it has nothing to do with economics.
Liabson is as away off as Richard Thaler.
-RW
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