We analyze a T-period, bilateral matching economy without monetary transfers.
Under natural restrictions on agents’ preferences, which…
We examine a dynamic, multi-period, bilateral matching market, such as a labor market where workers are long-lived and production occurs…
The US Food and Drug Administration (FDA) balances risks and benefits before approving pharmaceuticals. But powerful behavioral biases that…
Once treated as the absence of knowledge, ignorance today has become a highly influential topic in its own right, commanding growing…
Using a field experiment in a 401(k) plan, we measure the effect of disseminating information about peer behavior on savings. Low-saving…
Benefit-cost analysis (BCA), a discipline best known for guiding policy choices, can also guide personal decisions. In either application,…
Tips and Tells from Managers: How Analysts and the Market Read Between the Lines of Conference Calls
Stock prices react significantly to the tone (negativity of words) managers use on earnings conference calls. This reaction reflects…
Climate change is real and dangerous. Exactly how bad it will get, however, is uncertain. Uncertainty is particularly relevant for…
Direct experiences, we find, influence environmental risk beliefs more than the indirect experiences derived from outcomes to others. This…
The premise of this article is that an understanding of psychology and other social science disciplines can inform the effectiveness of the…