Photo of Iwan Barankay

Iwan Barankay

Associate Professor

Associate Professor of Business Economics and Public Policy

Research Interests: personnel economics, behavioral economics, field experiments, political economy

Contact Information

Address: 2201 SHDH, 3620 Locust Walk, Philadelphia, PA 19104
Email: barankay@wharton.upenn.edu
Office: (215) 898-6372

Overview

Education

PhD, University of Warwick, 2004; MSc, University of Warwick, 1999; BSc, University of Lausanne, 1998

Recent Consulting

Workplace Incentives for a broad range of industries

Academic Positions Held

Wharton: 2008-present. Previous apointments: Essex University; University of Warwick

Professional Leadership

Research Fellow, Center for Economic and Policy Research (CEPR)

Research Fellow, Institute for the Study of Labor (IZA)

Sloan Research Fellow (2010-2014)

Affiliated Faculty Center for Health Incentives and Behavioral Economics at the Leonard David Institute of the University of Pennsylvania.

 

Research

Research

My research focuses on monetary and non-monetary incentives to shape individual level productivity both in the workplace and as a method to improve health behavior.

New: RO1 NIH $2.3m grant for a four-year randomized control trial to study financial incentives rooted in behavioral economics and how they can shape long-lasting health habits (medication adherence).


  • Iwan Barankay (Under Revision), Rank Incentives: Evidence from a Randomized Workplace Experiment (Revise and Resubmit at Management Science).    Abstract
  • Iwan Barankay (Under Review), Rankings and Social Tournaments: Evidence from a Crowd-Sourcing Experiment.  Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2012), Team Incentives: Evidence from a Firm Level Experiment, Journal of the European Economic Association, forthcoming.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2011), Field Experiments with Firms , Journal of Economic Perspectives, 25, 63 - 82.
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2010), Social Incentives in the Workplace, Review of Economic Studies, 77 (2), 417 - 458.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2009), Social Connections and Incentives in the Workplace: Evidence from Personnel Data, Econometrica, 77 (4), 1047 - 1094.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2008), Social Capital in the Workplace: Evidence on its Formation and Consequences, Labor Economics, Vol 15, 725-749.    Abstract
  • Iwan Barankay, Ben Lockwood (2007), Decentralization and the Productive Efficiency of Government: Evidence from Swiss Cantons, Journal of Public Economics, Vol 91(5-6) 1197-1218.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2007), Incentives for Managers and Inequality Among Workers: Evidence from a Firm Level Experiment, Quarterly Journal of Economics, Vol 122(2), 729-773.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2006), The Evolution of Cooperative Norms: Evidence from a Natural Field Experiment, Advances in Economic Analysis & Policy, Vol 6(2), Art 4.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2005), Social Preferences and the Response to Incentives: Evidence from Personnel Data, Quarterly Journal of Economics, Vol 120(3) 917-962.    Abstract
  • Oriana Bandiera, Iwan Barankay, Imran Rasul (2005), Cooperation in Collective Action, Economics of Transition, Vol 13(3), 473-498.    Abstract
  • Iwan Barankay, Pascal Sciarini, Alexander H. Trechsel (2003), Institutional openness and the use of referendums and popular initiatives: Evidence from Swiss Cantons, Swiss Political Science Review, Vol 9(1), 169-199.    Abstract

Awards And Honors

In The News

Courses

Current

  • BEPP995 - Dissertation

    BEPP995008 

Previous

  • MGMT691 - Negotiations

    This course examines the art and science of negotiation, with additional emphasis on conflict resolution. Students will engage in a number of simulated negotiations ranging from simple one-issue transactions to multi-party joint ventures. Through these exercises and associated readings, students explore the basic theoretical models of bargaining and have an opportunity to test and improve their negotiation skills. Cross-listed with MGMT 691/OPIM 691.

  • MGMT918 - PERSONNEL ECONOMICS A

    This is a half-semester PhD course in the Management Department that is also open to any current PhD students at Wharton. The canonical model in economics views an agent as a fully rational, atomistic individual making optimal choices under scarcity. This approach has been very powerful theoretically and empirically to explain and to predict behavior in the workplace. This model has also beenenriched to accommodate other phenomena arguably affecting behavior in the workplace like the social context (e.g. peer effects, altruism, or social comparison), non-standard time preferences, loss aversion, and cognitive costs. Incorporating these ideas into the standard model can be accomplished in various ways but the real stress test for these theories is whether they predict behavior more generally (i.e. we don't just use theory to explain one choice but choices more generally) and to generate empirical predictions that can be tested using experiments. In this mini-course we start-off with a tour de force of the fundamental principal-agent model and the various behavioral extensions. The core of the course is, however, not theoretical but a practical course on how to design field experiments to test these ideas.

  • MGMT919 - PERSONNEL ECONOMICS B

    This is a half-semester PhD course in the Management Department that is also open to any current PhD students at Wharton. It is a continuation and builds on MGMT 918 - please see the course description for MGMT 918. As in MGMT 918 we expand on the canonical model in economics and introduce views from behavioral economics and introduce views from behavioral economics to derive novel theories with empirically testable implications on workplacebehavior and individual performance in labor markets and health. In this mini-course the focus is on continuing our review of the literature but the primary aim is to work towards a project description and paper that can be developed into a PhD chapter or journal article.