Capitalism, Competition, and Market Power

David Laibson is the Robert I. Goldman Professor of Economics and a Faculty Dean of Lowell House. Laibson’s research focuses on the topic of behavioral economics, with emphasis on intertemporal choice, self-regulation, behavior change, household finance, public finance, macroeconomics, asset pricing, aging, and biosocial science. Laibson is a member of the National Bureau of Economic Research, where he is a Research Associate in the Aging, Asset Pricing, and Economic Fluctuations Working Groups. Laibson serves on Harvard’s Pension Investment Committee and on the Board of the Russell Sage Foundation, where he chairs the finance committee. Laibson serves on the advisory boards of the Social Science Genetics Association Consortium and the Consumer Finance Institute of the Federal Reserve Bank of Philadelphia. Laibson has served as the Chair of the Department of Economics at Harvard University and as a member of the Academic Research Council of the Consumer Financial Protection Bureau. Laibson is a recipient of a Marshall Scholarship. He is an elected member of the Econometric Society, the American Academy of Arts and Sciences, the National Academy of Social Insurance, and the National Academy of Sciences. He is a two-time recipient of the TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security. Laibson holds degrees from Harvard University (AB Economics, summa cum laude), the London School of Economic (MSc in Econometrics and Mathematical Economics), and the Massachusetts Institute of Technology (PhD in Economics). He received his PhD in 1994 and has taught at Harvard since then. In recognition of his teaching, he has been awarded Harvard’s ΦΒΚ Prize and a Harvard College Professorship.