Monica Capra

C. Mónica Capra is a professor in the Department of Economic Sciences. Her areas of expertise are experimental economics, behavioral economics, and neuroeconomics. Professor Capra is interested in decision processes. Her contributions in behavioral game theory include the explicit modeling of introspection with error and the study of the effects of mood on decisions. She is also interested in the role personality plays in shaping economic choices. Capra has made transdisciplinary studies an important component of her work, and has collaborated with data scientists, neuroscientists, and psychologists. This collaboration has led to important contributions in behavioral economics.


Office Location
Harper East 214

Co-authored with B. Jiang and Y. Su. “Altruistic self-concept mediates the effects of personality traits on volunteering: Evidence from an online experiment.” Journal of Behavioral and Experimental Economics 92, (2021).

Understanding decision processes in guessing games: a protocol analysis approach.” Journal of the Economic Science Association 5, (2019): 123-35.

Co-authored with G. Korkmaz, et al. “Coordination and common knowledge on communication networks.” Conference Presentation. Proceedings of the 17th International Conference on Autonomous Agents and MultiAgent Systems (AAMAS ’18). International Foundation for Autonomous Agents and Multiagent Systems, (2018): 1062-70.

Co-authored with B. Jiang, et al. “Can personality type explain heterogeneity in probability distortions?” Journal of Neuroscience, Psychology, and Economics 6, no. 3 (2013): 151-66.

Co-authored with G. Berns, et al. “The price of your soul: Neural evidence for the non-utilitarian representation of sacred values.” Philosophical Transactions, Proceedings of the Royal Society B 367, no. 1589 (2012): 754-62.

Co-authored with C. Camerer, et al. “The impact of simple institutions in experimental economies with poverty traps.” The Economic Journal 119, no. 539 (2009): 977-1009.

“Mood-driven behavior in strategic interactions.” American Economic Review 94, no. 2 (2004): 367-72.

Co-authored with J. Goeree, et al. “Anomalous behavior in a traveler’s dilemma?” American Economic Review 89, no. 3 (1999): 678-90.

Co-edited with R. Croson, et al. Handbook of Experimental Game Theory. Edward Elgar Press, 2020. ISBN: 978 1 78536 332 0

Behavioral Economics
Experimental Economics
Microeconomic Theory