Professor Konow's area of research is behavioral economics, i.e., an approach to economics informed by psychology. Behavioral economists usually explore economic behavior and decision-making processes that are at variance with the predictions of conventional economic models. Within this approach, he specializes in economics and ethics, which examines the roles of justice, altruism, reciprocity, and other ethical concerns in the economic domain. Typically, his studies in this area contain both a theoretical component as well as empirical evidence on the theory drawn from experiments and/or surveys.