The behavioral responses to taxes and subsidies are often subject to various behavioral biases and transaction costs—what we define as “…
Forcing People to Choose Is Paternalistic. Cass Sunstein, 2017, Paper, "It can be paternalistic to force people to choose. Often people do…
Overreaction in Macroeconomic Expectations. Andrei Shleifer, December 2017, Paper, "We examine the rationality of individual and…
December 2017, Paper, "We explain how the common practice of size-discovery trade detracts from overall financial market efficiency. At…
The Long and Winding Road to a Haircut. Carmen Reinhart, November 30, 2017, Opinion, "There are significant differences between Puerto Rico…
A Short-term Intervention for Long-term Fairness in the Labor Market. Lily Hu, Yiling Chen, November 30, 2017, Paper, "The persistence of…