Professor Capra joined the Department of Economics at the School of Social Sciences, Policy & Evaluation in 2013. She specializes in experimental and behavioral economics. She is interested in choice under risk, decision processes, and behavioral game theory and its applications. Dr. Capra has authored many papers, some in the most prestigious economic journals, such as the American Economic Review, and has presented her work around the world. Professor Capra’s work is interdisciplinary. She has collaborated with psychologists and neuroscientists and has published several research papers in the new field of Neuroeconomics.
Professor Capra is a native of Bolivia, where she spent most of her childhood. She got her IBD from the prestigious United World Colleges of the Pacific in British Columbia Canada, her BA from Franklin and Marshall College (cum laude), and her PhD in Economics from the University of Virginia. Her political father and her experiences as a child shaped her interest in economics. In the early 1980s, she and her family lived in Mexico, where the Latin American debt and financial crisis started. In Bolivia, she lived through two coup’ d’etats, the highest hyperinflation recorded in Latin America’s history, and the human tragedy generated by bad economic policies. These experiences influenced her interest in policy, human behavior, and the ways in which individuals and societies make decisions, adjust to losses, risk, and uncertainty. Her interest in neuroscience and biology was awaken by the simple recognition that to understand economies and societies we must understand human nature. After getting her PhD in economics, Professor Capra taught at the University of Arkansas’ Walton School of Business, Washington and Lee University, and Emory University. During her academic leaves she visited the California Institute of Technology and Groupe d’Analyse et de Theorie Economicque (GATE) in Lyon, France. Capra also worked as a consultant at the Central Bank of Bolivia, where she studied treasury auctions, and was a consultant at the Bolivian Ministry of Hydrocarbons, where she helped in the design of negotiation strategies.