The daunting complexity of important financial decisions can lead to
procrastination. We evaluate a low-cost intervention that…
Traditional decision theory distinguishes between risk and uncertainty. With risk, the probabilities of possible outcomes are known; with…
Objectives: To assess whether the addition of a peer testimonial to an informational mailing increases conversion rates from brand name…
The miscalculations in Iraq and Afghanistan hang in the air as we weigh up whether to attack Syria. Of course, no situation is ever quite…
Differences in ethical behavior between members of the
upper and lower classes have been at the center of civic debates in
recent years…
We report results from two surveys
of representative samples of Americans with private health insurance.
The first examines how well…
A principal provides budgets to agents (e.g., divisions of a firm or the principal’s children) whose expenditures provide her benefits,…
This paper studies decision making by successful entrepreneurs and their agents. Since entrepreneurs decisions are often influenced by…
Differences in ethical behavior between members of the upper and lower classes have been at the center of civic debates in recent years.…