Firms sometimes know more about a consumer's expected usage than the consumer herself. We explore the consequences of this reversal in the information asymmetry. We analyze the consequences of making consumers more informed about themselves. While making consumers more informed decreases their...

In settings such as investing for retirement or choosing a drug plan, individuals typically face a large number of options. In this paper, we analyze how the size of the choice set influences which alternative is selected. We present both laboratory experiments and field data that suggest larger...

Why do the poor vote against redistribution? We experimentally examine one explanation, namely that individuals gain direct expressive utility from voting in accordance with their ideology and understand they are unlikely to be pivotal; hence, their expressive utility, even if arbitrarily small,...