James Choi

Professor of Finance

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.

Education

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

Courses

Corporate Finance
MGT 541

Publications

Selected Articles

J.J. Choi, J. Beshears, D. Laibson, B. Madrian, and K. Milkman
Journal of Finance
2015
D.J. Benjamin, J.J. Choi, and A.J. Strickland
American Economic Review
2010
J.J. Choi, D. Laibson, and B.C. Madrian
Review of Financial Studies
2010
G.D. Carroll, J.J. Choi, D. Laibson, B.C. Madrian, and A. Metrick
Quarterly Journal of Economics
2009
J. J. Choi, D. Laibson, B. C. Madrian and A. Metrick
Tax Policy and the Economy
2002

Selected Working Papers

​ ​J. Beshears, ​J.J. Choi, D. Laibson, and B.C. Madrian
2016
J. Beshears, ​J.J. Choi, D. Laibson, B.C. Madrian, and S. Wang
2016
J.J. Choi, ​E. Haisley, J. Kurkoski, and C. Massey
2016
​J.J. Choi, L. Jin, and H. Yan
2016
​J. Beshears, ​J.J. Choi, ​ C. Harris,​ D. Laibson, B.C. Madrian, and J. Sakong
2015

Achievements

40 Under 40 Most Outstanding MBA Professors
Poets & Quants
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