neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …

observable exogenous causes. We explore an alternative approach that generates predictions based on relationships across decision … experiment, we find that this method yields accurate estimates of price sensitivities for a collection of products under …

Laboratory experiments find a robust relationship between decision times and perceived values of alternatives. This … paper investigates how these findings translate to experts' decision making and information acquisition in the field. In a … be chosen later than earlier; (ii) decision time is higher when the likelihood of choosing each alternative is closer to …

We report the results of an online experiment studying preferences for giving and preferences for group …

experiment, face-to-face communication with a randomly assigned peer significantly improves the quality of private decisions … transmits financial decision-making skills most effectively when peers are equally uninformed, rather than when an informed … decision maker teaches an uninformed peer. Qualitative analysis of subjects' discussions supports this interpretation. The …

versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …

attentive and develop quantitative tests of rational inattention that we deploy in two experiments. The first is an experiment … and incentives to make plans to complete the modules. The second is an online survey-completion experiment (n=944), in … rationality, indicating that people underuse attention-increasing tools. In our second experiment, we estimate that individuals …