rolled out with a long-run experiment, which allows us to measure its short-run and long-run effects. We find that, although …

exploration and lower individual and group payoffs. We test our predictions in an online lab experiment and show that the …

remains unachieved because of persistently low demand for high-quality products. In a randomized field experiment in Senegal …

We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where …

response (fear) triggered by a scary experience. To show the plausibility of this conjecture, we conduct a lab experiment. We …

be chosen later than earlier; (ii) decision time is higher when the likelihood of choosing each alternative is closer to … fifty percent; and (iii) the ultimate quality of the chosen alternative may increase or decrease with decision time … decision rises with decision time; (ii) average decision time is higher when our estimated probability of a positive decision …

hypotheses in a lab-in-the-field experiment, which involves repeated MEL games, a large unconditional cash transfer, and an … financial choices, providing a rationale for the common practice of interpreting MEL choices as a proxy for time preferences …