Kevin McCabe (economist)
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Kevin McCabe is an American economist and
economic theorist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...
. He works in the fields of
experimental economics Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic expe ...
,
neuroeconomics Neuroeconomics is an interdisciplinary field that seeks to explain human decision-making, the ability to process multiple alternatives and to follow through on a plan of action. It studies how economic behavior can shape our understanding of the ...
and the study of human trust and decision making.


Biography

McCabe spent his early career at the
University of Arizona The University of Arizona (Arizona, U of A, UArizona, or UA) is a public land-grant research university in Tucson, Arizona. Founded in 1885 by the 13th Arizona Territorial Legislature, it was the first university in the Arizona Territory. T ...
where he began collaborating with Vernon Smith, co-winner of the 2002 Nobel Prize in Economics (with
Daniel Kahneman Daniel Kahneman (; he, דניאל כהנמן; born March 5, 1934) is an Israeli-American psychologist and economist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was award ...
). He received his BS in Economics in 1976 from
Villanova University Villanova University is a Private university, private Catholic church, Roman Catholic research university in Villanova, Pennsylvania. It was founded by the Order of Saint Augustine, Augustinians in 1842 and named after Thomas of Villanova, Sa ...
and PhD in 1985 from the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
. He did post-doctoral studies at
Washington University in St. Louis Washington University in St. Louis (WashU or WUSTL) is a private research university with its main campus in St. Louis County, and Clayton, Missouri. Founded in 1853, the university is named after George Washington. Washington University is r ...
with
Douglass North Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. He was the co-recipient (with Robert William Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences. In the wor ...
. McCabe is currently professor of Economics, Law, and Neuroscience, and director of the Center for the Study of Neuroeconomics at
George Mason University George Mason University (George Mason, Mason, or GMU) is a public research university in Fairfax County, Virginia with an independent City of Fairfax, Virginia postal address in the Washington, D.C. Metropolitan Area. The university was origin ...
. He is a senior investigator at the
Krasnow Institute for Advanced Study The Krasnow Institute for Advanced Study brings together researchers from many disciplines to study the phenomenon known as the mind. A unit of George Mason University, the Krasnow Institute also serves as a center for doctoral education in neuros ...
, the Interdisciplinary Center for Economic Science, and the
Mercatus Center The Mercatus Center is an American Libertarianism in the United States, libertarian, free-market-oriented non-profit think tank. Located at George Mason University and directed by the American economist Tyler Cowen, the Mercatus Center works with ...
.


Research

His research area is the application of experimental methods to economics including experimental economics, economics system design, neuroeconomics, and the use of virtual world technology for experimentation.
Research Papers in Economics Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, ...
placed him in the top five percent of authors by the average rank score metric in May 2016. He has commented on the possible link between the
sex drive Libido (; colloquial: sex drive) is a person's overall sexual drive or desire for sexual activity. Libido is influenced by biological, psychological, and social factors. Biologically, the sex hormones and associated neurotransmitters that act upo ...
and
risk In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environme ...
taking. He has described human
values In ethics and social sciences, value denotes the degree of importance of something or action, with the aim of determining which actions are best to do or what way is best to live (normative ethics in ethics), or to describe the significance of dif ...
such as compassion and forgiveness the "currency of grace".


Publications


Journal articles

An article by McCabe was published in the first issue of ''Journal of Experimental Political Science''. * ''Can more be less? An experimental test of the resource curse'', (2014) co-authored with Omar Al-Ubaydli and Peter Twieg, ''Journal of Experimental Political Science'',
Cambridge University Press Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by Henry VIII of England, King Henry VIII in 1534, it is the oldest university press A university press is an academic publishing hou ...


References


External links


McCabe's bio
at the Mercatus Center
NeuroeconomicsThe Center for the Study of NeuroeconomicsEconomics , Faculty and Staff: Kevin A McCabe
American economists George Mason University faculty Living people Place of birth missing (living people) University of Pennsylvania alumni Washington University in St. Louis fellows Year of birth missing (living people) {{US-economist-stub