Andrew Caplin

Silver Professor of Economics. NYU

The HUMAN ProjectDirector of Scientific Agenda

P.I. Program on Attentional and Perceptual Foundations of Economic Behavior,with Ernst Fehr and Mike Woodford,

P.I. Vanguard Research Initiativewith John Ameriks and Michael Shapiro

Co-Director of Center for Experimental Social Science, NYU

Deputy Director of Institure for the Study of Decision Making, NYU

Research Associate at NBER and Co-Director, Behavioral Macro Group, with Mike Woodford

My proposals for improved long-term care insurance and mortgages are under development

New and upcoming research papers as of September 2017:

1. The Economics of Attention:

  1. Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy, with Mark Dean and John Leahy
  2. Measuring and Modeling Attention, Annual Review of Economics, 2016

2. The Economics of Aging:

  1. Long-Term Care Utility and Late in Life Savings, with John Ameriks, Joseph Briggs, Matthew Shapiro, and Christopher Tonetti
  2. Late in Life Risks and the Under-Insurance Puzzle, with John Ameriks, Joseph Briggs, Matthew Shapiro, and Christopher Tonetti
  3. Measuring and Modeling Intergenerational Links in Relation to Long-Term Care, with Mi Luo and Kathleen McGarry, forthcoming Economic Inquiry

3. Genes, Environment, and Health:

  1. Smoking, Genes, and Health, with Dan Benjamin, David Cesarini, Kevin Thom, and Patrick Turley
  2. Asthma, Pollution, and Health, with Masoud Ghandehari, Paul Glimcher, Ari Patrinos, and George Thurston

The papers involve complementary expansions in theory and data. As an “Economic Data Engineer”, I design new measurements to better understand behavior. Broad themes in earlier research that led me in this direction are linked to below:

  • Strategic Survey Questions with John Ameriks, Joseph Briggs, Matthew Shapiro, Christopher Tonetti, Minjoon Lee and Mi Luo.

The research section to the right lists my papers by subject area (CV). On the policy front, I made proposals for housing finance reform on which I testified to Congress. The recent crisis, having been wasted, will be repeated, just as the crash of space shuttle Columbia followed that of Challenger. Maybe the next crisis will provoke genuine policy reform. Meantime, all hope rests on the private innovation.