Douglas Bernheim [SEP] educated at
LLC an economic consulting firm with offices in Washington, D.C. and San Diego, California.
Life and work.
Douglas Bernheim studied from 1975 to 1979 at Harvard University, where he received his Bachelor of Arts (AB), summa cum laude. In 1982, he received his PhD in Economics from the Massachusetts Institute of Technology. Subsequently, he was an assistant professor (1982–1987) and associate professor (1987–1988) at Stanford University. Bernheim moved to Northwestern University to serve as the Harold J. Hines Jr. Distinguished Professor
situation where the increase in incentives for human capital investments overcompensates the emigration of education persons. This effect is further augmented by positive educational externalities, strengthening the theoretical argument that the lure of emigration for the highly educated may actually improve a source country's human capital and may be a substitute for subsidies for the formation of human capital (with Yong Wang).
Another strand of Stark's research concerns altruism. Along with Douglas Bernheim, Stark has criticized the view that altruism necessarily increases the benefits of group interactions or improves the