David Laibson

David Laibson is an influential American economist known for his work on behavioral economics, which studies how psychological factors impact economic decisions. He emphasizes the importance of understanding human behavior, particularly how people often act against their long-term interests, like procrastinating on saving for retirement. Laibson's research combines theory with real-world applications, highlighting the role of self-control and future planning in financial decisions. He is also a professor at Harvard University, where he helps shape the understanding of how to improve economic policies and personal finance strategies by considering human psychology.