Accountability and Medical Decision Making
Book Abstract: Decision making is a critical element in the field of medicine that can lead to life-or-death outcomes, yet it is an element fraught with complex and conflicting variables, diagnostic a
Research
Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect
Consistent with mental accounting, we document that investors sometimes choose the asset allocation for one account without considering the asset allocation of their other accounts.
Reinforcement Learning and Savings Behavior
We show that individual investors over-extrapolate from their personal experience when making savings decisions.
Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds
We evaluate why individuals invest in high-fee index funds.
Optimal Defaults and Active Decisions
Defaults often have a large influence on consumer decisions. We identify an overlooked but practical alternative to defaults: requiring individuals to make explicit choices for themselves.
Discrimination in a Low-Wage Labor Market: A Field Experiment
Decades of racial progress have led some researchers and policymakers to doubt that discrimination remains an important cause of economic inequality.
Experiments
Book abstract: Analytical sociology is a strategy for understanding the social world.
The Trouble with Cases
For several decades now a debate has raged about policy-making by litigation.
Gender and Persistence in Negotiation: A Dyadic Perspective
We offer a dyadic perspective on gender and persistence in negotiation, focusing on the interactive effects of persister gender and naysayer gender.
Cognitive Bias
Book Abstract: Few areas have witnessed the type of growth we have seen in the affective sciences in the past decades.
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