The Center for Health Incentives and Behavioral Economics
Founded at Penn LDI in 2008, in collaboration with faculty from the Center for Behavioral Decision Research at Carnegie Mellon University, the Center for Health Incentives and Behavioral Economics (CHIBE) provides an academic home for behavioral economics and health research at Penn. It is led by Penn LDI Senior Fellow Kevin Volpp.
Behavioral economics is an academic field that uses principles of economics and psychology to examine how individuals make choices in complex contexts--such as personal finances and health--and seeks ways to improve their decisions and behaviors.
CHIBE faculty apply concepts from the field of behavioral economics to design, implement and evaluate interventions that improve health and build knowledge about efficacy, cost and effectiveness.
The Center was one of the first dedicated to the implementation of behavioral economics research in health. To date, CHIBE has received funding and developed partnerships with a mix of private and public sector entities that are well-positioned to influence change in the delivery of health care.