Publications

2005
Choi J, Laibson D, Madrian BC. Are Empowerment and Education Enough? Under-Diversification in 401(k) Plans. Brookings Papers on Economic Activity 2005;2005(2):151-198. PDF
2004
Choi J, Laibson D, Madrian B, Metrick A. Employee Investment Decisions about Company Stock. In: Mitchell O, Utkus S Pension Design and Structure: New Lessons from Behavioral Finance. Oxford University Press; 2004 p. 121-136. PDF
Choi J, Laibson D, Madrian B, Metrick A. For Better or For Worse: Default Effects and 401(k) Savings Behavior [Internet]. In: Wise DA Perspectives in the Economics of Aging. University of Chicago Press; 2004 p. 81-121. Summarized in April 2002 NBER Digest PDF
Choi J, Laibson D, Madrian BC. Plan Design and 401(k) Savings Outcomes [Internet]. National Tax Journal 2004;57(2):275-298. Summarized in October 2004 NBER Digest PDF
McClure SM, Laibson D, Loewenstein G, Cohen JD. Separate Neural Systems Value Immediate and Delayed Monetary Rewards. Science 2004;306:503-507. PDF
2003
Choi JJ, Laibson D, Madrian BC, Metrick A. Optimal Defaults. American Economic Review Papers and Proceedings 2003;93:180-185. PDF
Laibson D. Intertemporal Decision Making. Encyclopedia of Cognitive Science 2003; PDF
Laibson D, Repetto A, Tobacman J. A Debt Puzzle. In: Aghion P, Frydman R, Stiglitz J, Woodford M Knowledge, Information, and Expectations in Modern Economics: In Honor of Edmund S. Phelps. Princeton: Princeton University Press; 2003 p. 228-266. PDF
Gabaix X, Laibson D. A New Challenge for Economics: 'The Frame Problem'. In: Broca I, Carillo J Collected Essays in Psychology and Economics. Oxford University Press; 2003 PDF
2002
Choi J, Laibson D, Metrick A. How does the Internet Affect Trading? Evidence from Investor Behavior in 401(k) Plans [Internet]. Journal of Financial Economics 2002;64(3):397-421. Summarized in February 2001 NBER Digest PDF
Glaeser EL, Laibson D, Sacerdote B. An Economic Approach to Social Capital. The Economic Journal 2002;112(483):F437-F458. PDF
Choi J, Laibson D, Madrian B, Metrick A. Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance [Internet]. Tax Policy and the Economy 2002;16:67-114. Summarized in April 2002 NBER Digest PDF
Harris CJ, Laibson D. Hyperbolic Discounting and Consumption. In: Dewatripont M, Hansen LP, StephenTurnovsky Advances in Economics and Econometrics: Theory and Applications, Volume 1. Eighth World Congress; 2002 p. 258-298. PDF
2001
Laibson D. Comment on Michael Hurd and James Smith's chapter, "Anticipated and Actual Bequests". Themes in the Economics of Aging, NBER, University of Chicago Press 2001;
Laibson D. A Cue-Theory of Consumption. Quarterly Journal of Economics 2001;116(1):81-119. PDF
Angeletos G-M, Laibson D, Repetto A, Tobacman J, Weinberg S. The Hyperbolic Consumption Model: Calibration, Simulation, and Empirical Evaluation. Journal of Economic Perspectives 2001;15(3):47-68. PDF
Harris C, Laibson D. Dynamic Choices of Hyperbolic Consumers. Econometrica 2001;69(4):935-957. PDF
Gabaix X, Laibson D. The 6D Bias and the Equity Premium Puzzle. NBER Macroeconomics Annual 2001;16:257-312. PDF
2000
Glaeser E, Laibson D, Scheinkman J, Soutter C. Measuring Trust. Quarterly Journal of Economics 2000;115(3):811-846. PDF
Gabaix X, Laibson D. A Boundedly Rational Decision Algorithm. American Economic Review Papers and Proceedings 2000;90(2):433-438. PDF

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