When making decisions, people sometimes deviate from normative standards. While such deviations may appear to be alarmingly common, examining individual differences may reveal a more nuanced picture.
We study the predictive power of approximately 2.5 million stock picks submitted by individual users to the “CAPS” website run by the Motley Fool company (www.caps.fool.com).
Movements in asset prices are a major risk confronting individuals. This paper establishes new asset pricing results when agents differ in risk preference, time preference and/or expectations.
Dale and Strauss’s (DS) noticeable reminder theory (NRT) of voter mobilization posits that mobilization efforts that are highly noticeable and salient to potential voters, even if impersonal, can be s
We evaluate the results of a field experiment designed to measure the effect of prompts to form implementation intentions on realized behavioral outcomes.
We document the loan provisions in 401(k) savings plans and how participants use 401(k) loans.
Policy analyses frequently clash.
What happens when speakers try to “dodge” a question they would rather not answer by answering a different question?
The United States had never lost a war—that is, until 1975, when it was forced to flee Saigon in humiliation after losing to what Lyndon Johnson called a “raggedy-ass little fourth-rate country.” The
Accountability has become a buzzword in international development.
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