Marina Agranov studied how people share information in markets in which there is a temptation to bend the truth, and how this behavior is affected by the presence of psychological costs and competition between sellers.
Mike Gibilisco, professor of political science, and his co-author seek an understanding of how competing terrorist groups react to one another's violent attacks.
Graduate student Sneha Aenugu and John O'Doherty have tested how humans juggle different long-term goals, finding that we tend to over-persist in long-term goals even when switching goals might be more favorable.
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Meet the Social Sciences Faculty
Professor of Economics
Luciano Pomatto
I am interested in how people think, or should think, in situations of uncertainty. This line of research tackles a basic problem: What are the consequences of accepting probability as a language for making predictions about the future?"
Rea A. and Lela G. Axline Professor of Business Economics and History, Emeritus
Philip T. Hoffman
Caltech is the one place where you really can do interdisciplinary work, whether you are a professor or a student. You never stop learning—or advancing the frontiers of knowledge."
There are good reasons to do experiments. Applying theories in the real world before testing them, and ruining someone’s real life, seems too high a cost."
Experiments are starting to get incorporated into mainstream economics but are still a relatively new tool. Caltech has been a powerhouse in experimental economics from the beginning, and it's so exciting to join the tradition."
Caltech pioneered the use of mathematical models to explain political behavior, including voting and bargaining. The research I do would not be possible without these early contributions."
Richard N. Merkin Professor of Mathematical Finance
Jakša Cvitanić
We create an environment in which interdisciplinary, original research involving the social sciences and quantitative fields can thrive. It boils down to two things, which are education and research. There are not many places like Caltech where students can learn from experts from so many different fields in a natural way."
Data are powerful. Understanding human behavior with real-world data provides important insights into policy design aimed at improving consumer welfare and market efficiency."
Robert Kirby Professor of Behavioral Economics; T&C Chen Center for Social and Decision Neuroscience Leadership Chair; Director, T&C Chen Center for Social and Decision Neuroscience
Colin F. Camerer
One of the hallmarks of Caltech's HSS division, besides scientific excellence, is that people here wander and end up working on things in very unusual combinations."
There are other institutions that are wonderful at teaching and wonderful at research. But at Caltech, it seems to me that to be wonderful at teaching means that you teach the students what the frontier of research is—that teaching and research are not different things."
Professor of Cognitive Neuroscience; Allen V. C. Davis and Lenabelle Davis Leadership Chair, Caltech Brain Imaging Center; Director, Caltech Brain Imaging Center
Dean Mobbs
Caltech allows researchers to be risky. Risk is an important part of science. It's where discovery occurs."