. -- discrete choice ; random utility ; logit model ; consideration sets ; bounded rationality ; revealed preferences …

present a model which incorporates elements from the theory of information cascades with the standard model of tax evasion and … previous periods. General conditions exist under which any expected utility maximizing tax evaders will decide to emulate other …

Bayesian Updating is the dominant theory of learning in economics. The theory is silent about how individuals react to …

-relevance of the task, we show that subjects update their beliefs optimistically because they derive direct utility flows from …

, utility must be transferable both within marriage and upon divorce, and the marginal rate of substitution between public and …

individual search specification implies gender differentials in lifetime utility inequality 74% larger. The results of our policy … experiments emphasize the importance of looking at lifetime utility inequality measures as opposed to simply cross-sectional wage …

preferences, with a focus on the measurement or control for potentially non-linear utility. While the objective of a time … preference experiment is usually to estimate parameters of a discount function, assumptions concerning the nature of utility may … assume an equivalence between utility under risk and over time, and whether they result in an estimate of the curvature of …