A philosophical and formal analysis of pairwise preferences. Discussions of symbolic representation and computation more generally. Development of various types of analyses which can be performed on pairwise preference data and their properties

This study examines the herding behavior of individuals in the context of their willingness to strategically default on a mortgage based on the (falsely) observed behavior of those around them. We find that homeowners are easily persuaded to follow the herd and adopt a strategic default...

When making choices, decision makers often either lack information about alternatives or lack the cognitive capacity to analyze every alternative. To capture these situations, we formulate a framework to study behavioral search by utilizing the idea of consideration sets. Consumers engage in a...

Researchers make hundreds of decisions about data collection, preparation, and analysis in their research. We use a many-analysts approach to measure the extent and impact of these decisions. Two published causal empirical results are replicated by seven replicators each. We find large...

We empirically compare the consistency among several measures of risk-taking and patience by evaluating how these variables relate to financial decisions. The variables are based on a sample of more than 700 individuals across 9 countries. The main finding is that self-reported, simple questions...