No reprints or pdf's of any published or unpublished work, including chapters and working papers without links, can be sent.

Publications

"Conclusions Regarding Cross-Group Differences in Happiness Depend on Diffculty of Reaching Respondents," (with Ori Heffetz), American Economic Review, 103(7): 3001-21, December 2013.

"Incorporating Limited Rationality into Economics", Journal of Economic Literature, 51(2): 528-43, June 2013.

An Approach to Incorporating Psychology into EconomicsAmerican Economic Review, 103(3): 617-22, May 2013

"Healthy Habits: Some Thoughts on The Role Of Public Policy in Healthful Eating and Exercise Under Limited Rationality," Essays in Behavioral Public Policy, edited by Adam Oliver, published by Oxford University Press.

"Naïve Herding in Rich-Information Settings" (with Erik Eyster), American Economic Journal: Microeconomics 2, 221-243, November 2010.

"The Gambler's and Hot-Hand Fallacies: Theory and Applications" (with Dimitri Vayanos), Review of Economic Studies 77(2), 730-778, April 2010.

"Narrow Bracketing and Dominated Choices" (with Georg Weizsacker), American Economic Review 99(4), 1508-1543, September 2009.

"Reference-Dependent Consumption Plans" (with Botond Koszegi), American Economic Review 99(3), 909-936, June 2009.

"Choices, Situations, and Happiness" (with Botond Koszegi), Journal of Public Economics 92(8-9), 1821-1832, August 2008.

"Procrastination on Long-Term Projects" (with Ted O'Donoghue), Journal of Economic Behavior and Organization 66(2), 161-175, May 2008.

"Revealed Mistakes and Revealed Preferences" (with Botond Koszegi), in Methodologies of Modern Economics, Andrew Caplin and Andrew Schotter, eds., 2008.

"Reference-Dependent Risk Attitudes" (with Botond Koszegi), American Economic Review 97(4), 1047-1073, September 2007.

"Incentives and Self Control" (with Ted O'Donoghue), in Richard Blundell, Whitney Newey, and Torsten Persson, eds., Advances in Economics and Econometrics: Theory and Applications (Ninth World Congress), Cambridge University Press, August 2007.

"Mistakes in Choice-Based Welfare Analysis" (with Botond Koszegi), American Economic Review Papers and Proceedings 97(2), 477-481, May 2007.

"Optimal Sin Taxes" (with Ted O'Donoghue), Journal of Public Economics 90 (10-11), 1825-1849, November 2006.

"A Model of Reference-Dependent Preferences" (with Botond Koszegi), Quarterly Journal of Economics 1221(4), 1133-1165, November 2006.

"The Experimental Study of Social Preferences," Social Research 73(2), 405-428, Summer 2006

"Expressed Preferences and Behavior in Experimental Games" (with Gary Charness), Games and Economic Behavior 53(2): 151-169, November 2005

"Cursed Equilibrium" (with Erik Eyster), Econometrica 73(5), 1623-1672, September 2005

"Projection Bias in Predicting Future Utility" (with George Loewenstein and Ted O'Donoghue), Quarterly Journal of Economics 118(4), November 2003, 1209-1248.

"The Nobel Memorial Prize for Daniel Kahneman" Scandanavian Journal of Economics 105(2): 157-280, 2003

"Studying Optimal Paternalism, Illustrated with a Model of Sin Taxes" (with Ted O'Donoghue), American Economic Review Papers and Proceedings 93(2), May 2003, 186-191.

"Regulation for Conservatives: Behavioral Economics and the Case for "Asymmetric Paternalism," (with Colin Camerer, Samuel Issacharoff, George Loewenstein, Ted O'Donoghue), University of Pennsylvania Law Review 151(3), January 2003, 1211-1254

"Self Awareness and Self Control" (with Ted O'Donoghue), in Roy Baumeister, George Loewenstein, and Daniel Read (eds.), Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice, Russell Sage Foundation Press, 2003.

"Understanding Social Preferences with Simple Tests" (with Gary Charness), Quarterly Journal of Economics 117(3), August 2002, 817-869.

"Inference by Believers in the Law of Small Numbers," Quarterly Journal of Economics 117(3), August 2002, 775-816.

"'Defending Expected Utility Theory' -Response" (with Richard Thaler), Journal of Economic Perspectives, Spring 2002, 229-230.

"A Perspective on Psychology and Economics," European Economic Review 46(4-5), May 2002, 657-685.

"Anomalies: Risk Aversion" (with Richard Thaler), Journal of Economic Perspectives 15(1), Winter 2001, 219-232.

"Choice and Procrastination" (with Ted O'Donoghue), Quarterly Journal of Economics, February 2001, 121-160.

"Risky Behavior Among Youths: Some Issues from Behavioral Economics" (with Ted O'Donoghue), in Jon Gruber, editor, Youthful Risky Behavior: An Economic Perspective, University of Chicago Press and NBER, 2000.

"Diminishing Marginal Utility of Wealth Cannot Explain Risk Aversion," chapter in Choices, Values, and Frames, Daniel Kahneman and Amos Tversky, editors, New York: Cambridge University Press, 2000, 202-208.

"The Economics of Immediate Gratification" (with Ted O'Donoghue), Journal of Behavioral Decision Making 13(2), 233-250, 2000.

"Risk Aversion and Expected-Utility Theory: A Calibration Theorem," Econometrica 68(5), 1281-1292, September 2000.

"Choice Bracketing" (with Daniel Read and George Loewenstein), Journal of Risk and Uncertainty 19(1-3), 171-197, December 1999.

"Comment on `What Me Worry? A Psychological Perspective on Economic Aspects of Retirement,' by George Loewenstein, Drazen Prelec, and Roberto Weber," in Behavioral Dimensions of Retirement Economics, Henry Aaron, editor, The Brookings Institution, 1999.

"Procrastination in Preparing for Retirement" (with Ted O'Donoghue), in Behavioral Dimensions of Retirement Economics, Henry Aaron, editor, The Brookings Institution, 1999.

"Addiction and Self Control" (with Ted O'Donoghue), in Addiction: Entries and Exits, Jon Elster, editor, Russel Sage Foundation, 1999.

"Incentives for Procrastinators" (with Ted O'Donoghue), Quarterly Journal of Economics 114(3), 769-816, August 1999.

"Doing It Now or Later" (with Ted O'Donoghue), American Economic Review 89(1), 103-124, March 1999.

"Loss Aversion in a Consumption-Savings Model" (with David Bowman and Deborah Minehart), Journal of Economic Behavior and Organization 38(2), 155-178, February 1999.

"First Impressions Matter: A Model of Confirmatory Bias" (with Joel Schrag), Quarterly Journal of Economics 114(1), 37-82, February 1999.

"Psychology and Economics," Journal of Economic Literature 36, 11-46, March 1998. Abstract

"Review of Arrow, K., Colombatto, E., Perlman, M. and Schmidt, C. (eds.), The Rational Foundations of Economic Behaviour, Macmillan Press Ltd, 1996," Journal of Economic Literature 35(4), 2045-2046, December 1997.

"Cheap Talk" (with Joseph Farrell), Journal of Economic Perspectives 10(3), 103-118, Summer 1996.

"Deviations, Dynamics, and Equilibrium Refinements" (with Joel Sobel), Journal of Economic Theory 68(1), 1- 25, January 1996.

"Daniel Kahneman and Amos Tversky," in Warren Samuels (ed.), American Economists of the Late Twentieth Century, Cheltehem, UK: Edward Elgar Publishing Ltd, 1996, pp. 111-137.

"A Model of Pre-Game Communication,"Journal of Economic Theory 63, 370-391, August 1994.

"Incorporating Behavioral Assumptions into Game Theory," in James Friedman (ed.), Problems of Coordination in Economic Activity, Norwell, MA: Kluwer Academic Publishers, 1994.

"Cognitive Dissonance and Social Change," Journal of Economic Behavior and Organization 23, 177-194, 1994.

"Incorporating Fairness into Game Theory and Economics," American Economic Review 83, 1281-1302, December 1993.

"Information and the Control of Productive Assets," Journal of Law, Economics, and Organization 9, 51-75, April 1993.

"Communication between Rational Agents," Journal of Economic Theory 51, 144-170, June 1990. (Corrigendum, 1992, Vol 58., pp. 110-1.)

"Trends in British Health Inequalities, 1931-1983," (with Julian Le Grand), in A.J. Culyer and Bengt Jonsson, editors, Public and Private Health Services, Basil Blackwell, 1986.
 

Unpublished Research

"Extensive Imitation is Irrational and Harmful" (with Erik Eyster), September 2013. Abstract

"Financial Markets where Traders Neglect the Informational Content of Prices" (with Erik Eyster and Dimitri Vayanos), August 2013. Abstract

"A Model of Non-Belief in the Law of Large Numbers" (with Dan Benjamin and Collin Raymond), March 2013. Abstract, Appendix

"The Limits to Imitation in Rational Observational Learning" (with Erik Eyster), August 2012. Abstract

"Congested Observational Learning" (with Erik Eyster, Andrea Galeotti, and Navin Kartik), August 2013. Abstract

"Rational Observational Learning" (with Erik Eyster), February 2011. Abstract

"Rational and Naive Herding" (with Erik Eyster), June 2009. Abstract  This is a revised and altered version the "Naive Herding" paper listed below.

"Naive Herding" (with Erik Eyster), August 2008. Abstract

"Addiction and Present-Biased Preferences" (with Ted O'Donoghue), October 2000. Abstract

"Bargaining Structure, Fairness, and Efficiency," mimeo, June 1996. (Berkeley Department of Economics Working Paper). Abstract

"Moral Preferences, Moral Constraints, and Self-Serving Biases," Berkeley Department of Economics Working Paper No. 95-241, August 1995. Abstract

"Fairness in Repeated Games," Berkeley Department of Economics Working Paper No. 97-252, January 1997. Abstract

"Focal Points in Pre-Game Communication," Berkeley Department of Economics Working Paper No. 91-179, September 1991. Abstract

"Reneging and Renegotiation," Berkeley Department of Economics Working Paper No. 91-163, April 1991. Abstract


Projects in Progress

"Squaring Both Sides: An Essay on Methodology"

"Peak-Load Pricing During Hyperinflation"

"Reincarnation in An Overlapping-Generations Model"

"Total Insight Management: A Revolutionary New Approach to Academic Research"

"The Economics of Tall Grass and Wildflowers: A Field Experiment"

Econo-nomics: The Hidden Economic Forces Underlying Everyday Economic Behavior.


Last Updated February 26, 2013