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George Loewenstein - Carnegie Mellon University. Pittsburgh, PA, US

George Loewenstein George Loewenstein

University Professor | Carnegie Mellon University



George Loewenstein helped to found the field of behavioral economics, the field of neuroeconomics and was one of the early proponents of a new approach to public policy called, variously, ‘asymmetric’ or ‘libertarian’ paternalism. He has published over 300 journal articles in journals in economics, psychology, law, medicine and other fields, numerous book chapters, has written or edited six books on topics ranging from intertemporal choice to behavioral economics and emotions, and has served on the editorial boards of numerous journals in different fields. He has served on multiple National Academy of Sciences and Institute of Medicine panels and has advised numerous corporations and governmental organizations, including the NIH, USDA, U.K. Behavioural Insights Team, CVS Caremark, Ascension Health, McKinsey, NPD, Aramark and many others.

Areas of Expertise (1)


Education (2)

Yale University: Ph.D., Economics

Brandeis University: B.A., Economics

Media Appearances (3)

Inflation Anger: Inflation is still high — and many Americans are upset

New York Times  

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Economists explain how high inflation wreaks havoc on our brains and makes us feel ‘really angry’


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How does inflation affect your spending decisions?

NBC News  


“When inflation is bad and people expect it to continue or get worse, they generally tend to not save money and try to buy durable goods before the price rises,” said George Loewenstein, professor of economics and psychology at Carnegie Mellon University.

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