3 Questions: Hunt Alcott on behavioral economics and the energy crisis
Friday, March 5, 2010 - 11:49
in Mathematics & Economics
Behavioral economics is used to examine how consumers make decisions about everything from their life savings to which brands of jam they select in a supermarket. Hunt Allcott, a behavioral economist with a two-year appointment as the Energy and Society Fellow in MIT`s Department of Economics and the MIT Energy Initiative, wants to apply his field`s insights to the realm of energy use.