Behavioral Political Economy

Year: 2012  
Cluster Leads:

Matthew Lebo, Ph.D.
Associate Professor
Department of Political Science

SBS Building
Stony Brook University
Stony Brook, NY 11794-4392

Phone: 631-632-7554
Fax: 631-632-4116
matthew.lebo@stonybrook.edu

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Academic Units and Collaborating Faculty: Political Science Matthew Lebo
Reuben Kline
Jeffrey Segal
Oleg Smirnov
Martin Steinward
Charles Taber
Economics Hugo Benitez-Silva
Sandro Brusco
Eva Carceles-Poveda
Ting Liu
Mark Montgomery
Silvio Rendon
Yair Tauman
College of Business Michael Kamins
Manuel London
Noah Smith
Gerrit Wolf
Psychology Christian Luhmann

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Behavioral Political Economy studies how individual-level mechanisms, beliefs, and decision-making processes relate to economic decisions. Grounded in the psychology of decision theory and primarily relying on experimentation, it is a bottom-up approach to understanding actual market behavior as opposed to relying on theoretical assumptions of how rational consumers should behave in a global economy. With this new cluster, Stony Brook will become a national leader in behavioral economics, political economy, laboratory experiments, and income inequality. Scientists from the Departments of Political Sciences, Economics, and the College of Business will be part of this cutting-edge, world-class research group, while building on their existing strengths in these areas. This cluster initiative is spearheaded by Dr. Matthew Lebo, Director of Graduate Studies with Stony Brook’s Department of Political Science.

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