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Most prior theoretical and experimental work involving auction choice has assumed bidders only find out their value … after making a choice of which autcion to enter. In this paper we examine whether or not subjects knowing their value prior … to making an auction choice impacts their choice decision and/or the outcome of the auctions. The results show a strong …
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In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection policies in a model of endogenous skill formation where, apart...
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effectiveness of financial incentives for weight loss among the obese. Estimation results indicate that the choice of the estimation …
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The problem with traditional economic models of choice -- How behavioral economics makes the same mistakes -- How … -- All nudges are not created equal -- Why choice matters so much : and what can be done to preserve it …
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