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Eldar Shafir

Eldar Shafir
Native name אלדר שפיר
Nationality Israeli-American
Fields Behavioural science
Institutions Princeton University Department of Psychology
Education Brown University
Alma mater Massachusetts Institute of Technology
Known for Scarcity: Why Having Too Little Means So Much
Notable awards Guggenheim Fellowship

Eldar Shafir (Hebrew: אלדר שפיר) is an American behavioral scientist, and the co-author of Scarcity: Why Having Too Little Means So Much (with Sendhil Mullainathan). He is the William Stewart Tod Professor of Psychology and Public Affairs at Princeton University Department of Psychology and the Woodrow Wilson School of Public and International Affairs. He is a Faculty Associate at the Institute for Quantitative Social Science at Harvard University. He is co-founder and Board Member of Ideas42, a non-profit organization that uses behavioral science to help solve tough social problems. His main area of study is behavioral economics, that is, how the decisions people make affect their financial outcomes. His research has led him to the general conclusion that people often make inadvisable decisions on financial matters when they think they are being rational.

Shafir graduated from Brown University and received his Ph.D. in Cognitive Science in 1988 from the Massachusetts Institute of Technology. Currently, he is a Professor of Psychology and Public Affairs in Princeton University Department of Psychology and the Woodrow Wilson School of Public and International Affairs and a Faculty Associate at the Institute for Quantitative Social Science at Harvard University. He is Past President of the Society for Judgment and Decision Making.

He is a member of the Canadian Institute for Advanced Research, a Research Affiliate of Innovations for Poverty Action and the Behavioral Economics Roundtable of the Russell Sage Foundation, among several other research organizations. He has recently been appointed by President Obama to the President’s Advisory Council on Financial Capability. The Council's task is to consider ways to strengthen financial capability across the country.


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