George Loewenstein is the Herbert A. Simon Professor of Economics and Psychology at the Dietrich College of Social and Decision Sciences at Carnegie Mellon University. Loewenstein’s primary research focus is on intertemporal choice–decisions involving trade-offs between costs and benefits occurring at different points in time. In addition, he examines examines why negotiations often result in impasse, even under favorable conditions (e.g. face-to-face negotiations, ample time, strong monetary incentives for settlement). A major part of this research revolves around self-serving assessments of fairness. A recent focus of Loewenstein’s work is on people’s predictions of their own future feelings and behavior.
