In the past decade, Yale has become a leading center for research in behavioral science – specifically, research in the fields of behavioral decision-making, behavioral economics, and behavioral finance. Behavioral decision-making studies the basic psychology of decision-making, while behavioral economics and behavioral finance study the role of irrational thinking in economic and financial decision-making, respectively. Yale’s research efforts in these fields have been helped immeasurably by the generous support of Andrew Redleaf of Whitebox Advisors.
Behavioral Science Conference
The annual Yale Behavioral Science Conference provides a venue for leading researchers from across the world to present and discuss their ideas. While there are other academic conferences that focus only on behavioral decision-making, or only on behavioral finance, or only on behavioral economics, the unique feature of this conference is that it brings together researchers from all three fields. This approach is already yielding results in terms of new inter-disciplinary research, and we expect it to continue to pay dividends in the future.