Monica Capra
  • Email
  • Degrees
    PhD, Economics, University of Virginia
    BA, Economics, Franklin & Marshall College
  • Research Interests
    Experimental Economics, Behavioral Economics, Neuroeconomics

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 Bing Jiang, et al. “Can Personality Type Explain Heterogeneity in Probability Distortions?” Journal of Neuroscience, Psychology and Economics, September 2013, 6(3): 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, March 2012, 367(1589): 754-62.

Co-authored with C. Camerer, et al. “The Impact of Simple Institutions in Experimental Economies with Poverty Traps.” Economic Journal, lead article, 119(539), July 2009: 977-1009.

Co-authored with G. Berns, et al. “Expert Advice Neurobiologically ‘Offloads’ Financial Decision-Making under Risk.” Public Library of Science One, 4(3), March 2009: 1-14.

“Mood-Driven Behavior in Strategic Interactions.” American Economic Review 94, no. 2 (2004): 367–72.

Co-authored with J. Goeree. “Anomalous Behavior in a Traveler’s Dilemma?” American Economic Review, June 1999, 89 (3): 678-90.

Behavioral Economics
Experimental Economics
Microeconomic Theory