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...Professor of Economics David I. Laibson ’88, who gave the added Ec 10 lecture this year, has built a career out of proving all the old assumptions wrong. “The big picture is trying to make economics more realistic by incorporating more psychological realism,” Laibson says...

Author: By Anthony P. Domestico, CONTRIBUTING WRITER | Title: Pen and Paper Revolutionaries: Giving Adam Smith a Dose of Reality | 3/18/2004 | See Source »

Addressing the rationality assumption through psychology was a further step away from the past. “This is all very new stuff,” says Daniel Benjamin, a graduate student who has been working with Laibson since his freshmen year as an undergraduate. “Economists have suspected that psychology may be important for a lot of economics, but it’s only recently that this kind of work has become the frontier of economic research...

Author: By Anthony P. Domestico, CONTRIBUTING WRITER | Title: Pen and Paper Revolutionaries: Giving Adam Smith a Dose of Reality | 3/18/2004 | See Source »

Professor of Economics David I. Laibson said in February that the council fills three functions: it operates as a “sounding board” for economic policies proposed by the president; it initiates new ideas and economic policies; and it serves as a liaison between the president and Congress, the public and the United States’s allies...

Author: By Alexander J. Blenkinsopp, CRIMSON STAFF WRITER | Title: Senate Committee Approves Mankiw | 5/23/2003 | See Source »

...Marglin, who has said that Ec 10 fails to sufficiently question the assumptions of economics, wrote in an e-mail that the addition of Laibson to the lineup of lecturers would only go so far in helping to broaden the course...

Author: By Yailett Fernandez, CONTRIBUTING WRITER | Title: Feldstein Tweaks Ec 10 Curriculum | 4/25/2003 | See Source »

Several Members of SHARE said they were pleased that Laibson will serve as a lecturer in the course...

Author: By Yailett Fernandez, CONTRIBUTING WRITER | Title: Feldstein Tweaks Ec 10 Curriculum | 4/25/2003 | See Source »

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