Short Bio:
Jeremy Tobacman joined the Wharton School of the University of Pennsylvania as an Assistant Professor in the Summer of 2008. He studies behavioral economics and household finance, in developed and developing country contexts. In a series of papers, Jeremy has found that psychologically-informed models of intertemporal choice help to explain patterns of simultaneous mid-life wealth accumulation and credit card borrowing in the United States. One line of ongoing work investigates why people borrow on payday loans and measures the individual-level effects of access to payday loan credit. A second major continuing project analyzes the design, adoption, and consequences of a retail rainfall insurance product in India. Previously Jeremy was a Postdoctoral Research Fellow at the Department of Economics and Nuffield College, University of Oxford, and he obtained his Ph.D. in Economics from Harvard University.