Faculty & Research

Alex Imas

Alex Imas

Assistant Professor of Behavioral Science and Economics

Alex Imas is an Assistant Professor of Behavioral Science at the University of Chicago Booth School of Business, where he has taught Negotiations and Behavioral Economics. Previously, he was the William S. Dietrich II Assistant Professor of Behavioral Economics at Carnegie Mellon University, where he taught Behavioral Economics and Human Judgment and Decision Making.

Imas’ research spans a variety of topics across economics and psychology. He has explored the role of incorrect beliefs in discrimination, the prevalence of behavioral biases amongst expert and non-expert investors, and how to better motivate performance by incorporating psychology into incentives. His research has been published in the American Economic Review, Proceedings of the National Academy of Sciences, and Management Science, among others.

Imas is the recipient of the New Investigator Award from the Behavioral Science and Policy Association, the Hillel Einhorn New Investigator Award from the Society of Judgment and Decision Making, the Distinguished CESifo Affiliate Award, and the NSF Graduate Research Fellowship.

Imas was born in Bender, Moldova. He did his PhD in economics at the University of California, San Diego and earned a BA from Northwestern University. Prior to graduate school, Imas helped found a startup and co-authored several patents as part of its intellectual property strategy.

 

2020 - 2021 Course Schedule

Number Title Quarter
38103 Strategies and Processes of Negotiation 2021  (Spring)
38918 Behavioral Economics - Theory & the Lab 2021  (Spring)

Publications and Accepted Papers

"The Impact of Agency on Time and Risk Preferences," with A. Gneezy and A. Jaroszewicz. Accepted, Nature: Communications.
[Abstract] [Paper]

"The Dynamics of Discrimination: Theory and Evidence," with J. A. Bohren and M. Rosenberg. American Economic Review, 2019. (Lead Article)
[Abstract] [Paper]

"Opting In to Prosocial Incentives," with D. Schwartz, E. A. Keenan and A. Gneezy. Organizational Behavior and Human Decision Processes, 2019.
[Abstract] [Paper] [Online Appendix]

"Is Altruism Sensitive to Scope? The Role of Tangibility," with G. Loewenstein. American Economic Association: Papers and Proceedings, 2018.
[Abstract] [Paper]

"The Language of Discrimination: Using Experimental versus Observational Data," with J. A. Bohren and M. Rosenberg. American Economic Association: Papers and Proceedings, 2018.
[Abstract] [Paper]

"Realization Effect: Risk-Taking After Realized versus Paper Outcomes," American Economic Review, 2016
[Abstract] [Paper] [Online Appendix] [Metadata]

"Do People Anticipate Loss Aversion?" with S. Sadoff and A. Samek. Management Science, 2016.
[Abstract] [Paper]

"Conscience Accounting: Emotion Dynamics in Social Behavior," with U. Gneezy and K. Madarasz. Management Science, 2014.
[Abstract] [Paper]

"The Materazzi Effect and the Strategic Use of Anger," with U. Gneezy. Proceedings of the National Academy of Sciences, 2014.
[Abstract] [Paper]

"Working for the 'Warm Glow': On the Benefits and Limits of Prosocial Incentives." Journal of Public Economics, 2013.
[Abstract] [Paper]

"Experimental Methods: Eliciting Risk Preferences," with G. Charness and U. Gneezy. Journal of Economic Behavior and Organization, 2013.
[Abstract] [Paper]

"Paying to be Nice: Costly Prosocial Behavior and Consistency," with A. Gneezy, L.D. Nelson, M.I. Norton and A. Brown. Management Science, 2012.
[Abstract] [Paper]

Working Papers

"Biased By Choice: How Access to Leverage Exacerbates Financial Mistakes," with R. Heimer. Revision requested at Review of Financial Studies
[Abstract] [Working Paper]

"Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors," with K. Akepanidtaworn, R. Di Mascio, and L. Schmidt. Revision requested at Journal of Finance
[Abstract] [Working Paper] [Media Summaries: Bloomberg (Matt Levine), Bloomberg (Barry Ritholtz), The Economist]

"Mental Money Laundering: A Motivated Violation of Fungibility," with G. Loewenstein and C. K. Morewedge. Revision requested at the Journal of the European Economic Association
[Abstract] [Draft coming soon]

"Mental Accounting, Similarity, and the Timing of Outcomes," with E. Evers. Revision requested at Psychological Review
[Abstract] [Working Paper]

"Waiting to Choose," with M. A. Kuhn and V. Mironova. Revision requested, American Economic Journal: Microeconomics.
[Abstract] [Working Paper]

"Undershooting in Asymmetric Resource Dilemmas," with C. Hsee, Y. Zeng, and X. Li. Revision requested at Management Science
[Abstract] [Draft coming soon]

"Preference Reversals Between One-Shot and Repeated Decisions: The Case of Regret," with D. Lame and A. Wilson. Revision requested from Economic Journal.
[Abstract] [Working Paper]

"Ownership, Learning, and Beliefs," with S. Hartzmark and S. Hirshman.
[Abstract] [Working Paper]

"Inaccurate Statistical Discrimination," with J. A. Bohren, K. Haggag and D. Pope.
[Abstract] [Working Paper]

"Behavioral Food Subsidies," with A. Brownback and M. Kuhn.
[Abstract] [Working Paper]

"Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field," with R. Heimer, Z. Iliewa and M. Weber.
[Abstract] [Working Paper]

Book Chapters

"Lab in the Field: Measuring Preferences in the Wild," with U. Gneezy. In Handbook of Field Experiments, Abhijit Banerjee and Esther Duflo, editors, 2017.
[Abstract] [Published Paper]

Other Research

"Plasminogen Activator Inhibitor-1 Regulates Integrin αvβ3 Expression and Autocrine TGFβ Signaling," with B. S. Pedjora, L. E. Kang, P. Carmeliet and A. M. Bernstein. Journal of Biological Chemistry, 2009. [Published Paper]

"EEG-based Method for Biometric Identity Confirmation," with M. Milgramm. U.S. Patent No. 7,594,122. [Patent Document]

"EEG-based Method for Real Time Attitude Assessment," with M. Milgramm. U.S. Patent No. 7,570,991. [Patent Document]

"EEG-based Method for Attention and Productivity Monitoring," with M. Milgramm. U.S. Patent No. 7,574,254. [Patent Document]