PIMCO Decision Research Laboratories

Improving Outcomes with Behavioral Science

At PIMCO, we have long believed that cultivating diverse perspectives and challenging our own thinking can lead to stronger investment outcomes. Through our partnership with the Center for Decision Research (CDR) at The University of Chicago Booth School of Business, we support research to gain a deeper understanding of human behavior and decision-making – insights that may help PIMCO control biases within our process and make better decisions for portfolios, clients and employees.

An Innovative Partnership of Academic and Investment Excellence

Under the leadership of faculty director Nicholas Epley, and CDR board member and 2017 Nobel Prize-winning economist Richard Thaler, the CDR helps empower leaders to make wise choices in business and society by producing and disseminating exemplary behavioral science research.

For many years, PIMCO has used forward-looking research, along with discussion and debate at our cyclical and secular forums, to identify future economic or market challenges and opportunities - helping us to better serve our clients.

The PIMCO Laboratories for Decision Research will yield scientific discoveries from many disciplines – social psychology, cognitive psychology, economics, and neuroscience – with the potential to profoundly improve individual and social welfare.

The Center for Decision Research

Featured Expert

Nicholas Epley 

John Templeton Keller Professor of Behavioral Science Faculty Director, Center for Decision Research Member, CDR Governing Board

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Featured Expert

Richard Thaler 

Charles R. Walgreen Distinguished Service Professor of Economics and Behavioral Science and Economics, Member, CDR Governing Board

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Learn more about the PIMCO Decision Research Laboratories at the University of Chicago Booth School of Business Center for Decision Research.

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Behavioral Science:
How We Talk and Think About It

In a conversation at a PIMCO event, Emmanuel Roman, Dan Ivascyn and Nobel Prize Winner Richard Thaler discussed the irrationality of human behavior and how investment managers can address biases in their processes.

"Through this novel partnership, we hope to nurture exceptional insights into decision making behavior that will ultimately help PIMCO make wiser decisions for portfolios, clients and employees." - Dan Ivascyn