from complexity theory that takes account of true uncertainty and increasing returns to technology adoption. We examine …

complexity is associated with high contract incompleteness and hence the increased relevance of trust-based relational contracts … procurement, again for low tech objects. This complexity-based difference persists even when the same supplier provides both types … contracting model, where the cost of switching suppliers is technology-specific and increases with object complexity, shifting …

their capacity to reason about others are dependent on the complexity of individual games. This context-dependence is …

In this paper, we analyze whether the complexity of tax bills affects financial markets. Based on the Flesch … between tax bills' complexity and financial markets using an event study approach. Our results show a negative (positive) and …

, structural estimates of present bias, hyperbolicity and transitivity violations – are driven by complexity rather than time or … intertemporal decisions. Second, intertemporal choice anomalies are highly correlated with indices of complexity responses including … to complexity severely inflates structural estimates of present bias. …

We consider technology choices between green and brown technologies by firms. We use insights from complexity theory …

Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …

We develop interpretable, quantitative indices of the objective and subjective complexity of lottery choice problems … important complexity feature in the indices is a measure of the excess dissimilarity of the cumulative distribution functions of … the lotteries in the set. Using our complexity indices, we study behavioral responses to complexity out-of-sample across …