James Choi

Professor of Finance

Faculty Directory

Professor Choi's research spans behavioral finance, behavioral economics, household finance, capital markets, health economics, and sociology. His work on default options has led to changes in 401(k) plan design at many U.S. corporations and has influenced pension legislation in the United States and abroad. In other papers, he has investigated topics such as the influence of racial, gender, and religious identity on economic preferences, investor ignorance of mutual fund fees, the effect of deadlines and peer information on savings choices, how retail investor sentiment in China affects stock returns, and the use of subtle planning prompts to increase vaccination rates.

Professor Choi is a recipient of the TIAA-CREF Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security. He is ​an Associate Director of the Retirement Research Center at the National Bureau of Economic Research, a member of the FINRA Investor Issues Committee,​ and a TIAA-CREF Institute Fellow.

Expertise

Education

  • PhD, Harvard University, 2005
  • AB, Harvard University, 1998

Courses

  • The Executive MGT 430
  • Corporate Finance MGT 541

Selected Articles

Selected Working Papers

Achievements

  • 40 Under 40 Most Outstanding MBA Professors, Poets & Quants, 2016
  • TIAA-CREF Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security (with D. Laibson and B.C. Madrian), 2011
  • NBER Pre-Doctoral Fellow in Aging and Health Economics, 2003-2005
  • Harvey Fellow, Mustard Seed Foundation, 2003-2005
  • National Science Foundation Graduate Research Fellowship, 2000-2003
  • Hoopes Prize for excellence in Harvard undergraduate research, 1998
  • Phi Beta Kappa, Harvard University, 1998