Pershing Square Foundation Award to Support Human Behavior Initiative at Harvard: Economics

The Pershing Square Foundation has announced a $17 million award to Harvard University in support of the Foundations of Human Behavior Initiative (FHB).

The award will support the work of two Harvard Economics faculty members who work in the field of behavioral economics.  Matthew Rabin, who will join the Harvard faculty in July, becomes the first of three recipients of the Pershing Square Professorships.  While David Laibson, the Robert I. Goldman Professor of Economics and director of FHB, looks forward to the continuing interdisciplinary research of FHB that "studies fundamental biological, psychological, sociological, and economic forces that drive behavior" to allow "scalable interventions that improve societal well-being."

The Pershing Square Foundation awards $17M to Harvard: Gift to fund multidisciplinary study of human behavior, Harvard Gazette April 14, 2014