Sadness influences consumption, leading individuals to pay more to acquire new goods and to
eat more unhealthy food than they would…
We hypothesized a phenomenon that we term myopic misery. According to our hypothesis, sadness increases impatience and creates a myopic…
In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how…
Book abstract: In recent years, remarkable progress has been made in behavioral research on a wide variety of topics, from behavioral…
Traditional models of why people vote conceptualize voting as a static, self-interested
decision. This conceptualization cannot explain why…
A principal provides budgets to agents (e.g., divisions of a firm or the principal’s children) whose expenditures provide her benefits,…
Please see RWP13-010 (April 2013) for the updated version of this working paper.
Data on 2,355 married women from the 2006 China Health and Nutrition Survey are used to study how female employment affects fertility in…
In a world of imperfect information, reputations often guide the sequential decisions to trust and to reward trust. We consider two-player…
Ballot initiatives are consequential and common, with total spending on initiative campaigns in
the US rivaling that of Presidential…