Department of Economics and the College
Doron Ravid is an economic theorist interested in the interaction between psychology and economics. He conducts research in game and choice theory, behavioral economics, and microeconomic theory. In recent work, he has focused on the effects of inattention on two types of economic outcomes: strategy and choice. In strategic settings, he studied inattention’s effect on the outcomes of bargaining. His recent findings show that, contrary to one’s intuition, being inattentive can actually help buyers secure better deals than they would if they were perfectly attentive. In choice settings, Ravid asked whether inattention can result in irrational behavior. His research suggests that much of the experimental evidence that documents violations of rationality can be accounted for by agents focusing only on two alternatives at a time while making their choices.
Ravid earned a BA in economics and psychology and an MA in economics from Tel Aviv University, where his master’s thesis was awarded the Eitan Berglas School of Economics Prize in 2009. He holds a PhD in economics from Princeton University.