Justin Valasek How Does Empathy Affect Trade-Offs People Are Willing to Make Between Their Own and Other’s Income?

Justin Valasek is a Research Fellow at the Research Unit Economics of Change at the Berlin Social Science Center (WZB) and a affiliate member of CESifo Munich. He holds a PhD from Duke University (NC, USA). His fields of research are political economy, development, and behavioral economics. Valasek was a Max Weber Fellow at the European University Institute.

Area of Research

Collective Decision Making, Norms and Identity, Corruption, Developmental Political Economy

Justin Valasek. "Reforming an Institutional Culture of Corruption: A Model of Motivated Agents and Collective Reputation." CESifo Working Paper No. 5599 (2015).  
Justin Valasek, Rune Midjord and Tomás Rodríguez Barraquer. "Over-Caution of Large Committees of Experts." CESifo Working Paper No. 4810 (2014).  
Jenny Simon and Justin Valasek. "Centralized Fiscal Spending by Supranational Unions." Economica (2016).  

since 2012

Research Fellow

Berlin Social Science Centre (WZB) (more details)

Markets and Choice Research Unit

2015

Visting Scholar

Columbia University, New York

Department of Political Science

2011-2012

Max Weber Fellow

European University Institute

2011

PhD in Economics

Duke University, Department of Economics

2004

Bachelor in Economics and Mathematics

University of Oregon

American Journal of Political Science

Journal of Public Economics

European Economic Review

Public Choice

Journal of Economic Behavior and Organization

The Journal of Economic Inequality

The Journal of Economics

Fellowships

Affiliate Member CESifo Research Network

Prizes

CESifo Distinguished Research Affiliate Prize (2014)

Klaus Liebscher Award (2013)

© WZB

Berlin Social Science Centre (WZB)


The WZB Berlin Social Science Center investigates societal change. The research focus is on problems of modern societies in a globalized world. Research areas include education and work, migration and the dynamics of political systems, market and choice, international politics and law. WZB research is theory-based, problem-oriented, often long-term and mostly based on international comparisons. Around 160 German and international researchers work at the WZB, including sociologists, political scientists, economists, legal scholars and historians. Research results are published for the scientific community as well as for experts in politics, business, the media and civic organizations. As a non-university research institute, the WZB is member of the Leibniz-Association. The WZB closely cooperates with universities in Berlin and beyond as well as with research institutions abroad. The WZB was founded in 1969 by members of the German parliament. The WZB is funded by the Federal government, he state of Berlin, and the community of German states. (Source: WZB)

Faculty

Markets and Choice

"Research in this area focuses on economic decision making and its societal consequences. It examines the role of institutions and markets and studies economic learning, development and social evolution. It considers the profound interaction of psychology and economics and is often interdisciplinary in nature. Applications include the analysis of political processes, the emergence of prosocial behavior, and market design, in particular for matching problems." (Source)

Map

The research presented in this video focuses on the question how empathy affects economic choice-behavior. In order to refine existing models of decision-making, two different concepts of empathy “imagine-self” and “imagine-other”, the latter requiring a higher level of sophistication, were included in game theoretic models. As JUSTIN VALASEK explains, it is established that empathy does not necessarily lead to more altruistic behavior and in some settings even the reverse is the case.

LT Video Publication DOI: https://doi.org/10.21036/LTPUB10132

A Note on Empathy in Games

  • Jan Grohn, Steffen Huck and Justin Valasek
  • Journal of Economic Behavior & Organization
  • Published in 2014

Chicago

Jan Grohn, Steffen Huck and Justin Valasek. "A Note on Empathy in Games." Journal of Economic Behavior & Organization 108 (2014): 383-388.