Ned Augenblick is a professor in the Economic Analysis and Policy Group in the Haas School of Business. His focus is "behavioral economics," which is the incorporation of psychological insights into economics. Broadly, Economics is built on a (very useful) framework of rational decision making to make predictions about human behavior. However, in reality, people systematically deviate from this rationality benchmark. By understanding and integrating these deviations into economic models, it is possible to create more accurate predictions and policy recommendations about the world.
Ned has explored these deviations from rational thinking using theoretical models, experimental data, and empirical environments in settings ranging from online markets to the voting booth to the stock market. This research has published in top journals in economics as well as being discussed in outlets such as the Financial Times, the New York Times, and the Atlantic.
For the last 8 years, Ned has taught the core Strategy class to the full-time MBA students. The class combines the framework of game theory with behavioral economics to understand how executives can make thoughtful decisions that drive sustainable competitive advantage in the marketplace. Prior to teaching Strategy, Ned taught Game Theory and Statistics.
Ned studied Economics and Psychology at Georgetown, Mathematics at the University College Dublin, and received his PhD in Economics from Stanford.
- Leonard W. and Shirley R. Ely Dissertation Fellowship, 2009 – 2010
- George Shultz Fellowship Funding (Swoopo Project), 2009
- Centennial TA Award: University-wide Annual Teaching Award, 2009
- George Shultz Fellowship Funding (Election Project), 2008
- John M. Olin Law and Economics Program Fellowship, 2006
- Outstanding Teaching Assistant Award: Six-time winner, 2005 – 2009