I began with an analysis of how the psychology of cognition and knowledge have changed in between the the networked form of organization. Specifically, there is a shift in focus from hardware psychology of information to software psychology of knowledge and schema biases. Powerful knowledge...

Poverty involves both low income levels and high income uncertainty. Do both these dimensions of being poor capture attention in ways that distort decision-making and trap people in poverty? We examine these issues using real-life shocks faced by farmers in Brazil: random payday variation...

In traditional models, votes are an expression of preferences and beliefs. Psychological theories of cognitive dissonance suggest, however, that behavior may shape preferences. In this view, the very act of voting may influence political attitudes. A vote for a candidate may lead to more...

Cognitive dissonance theory predicts that the act of voting makes people more positive toward the party or candidate they have voted for. Following Mullainathan and Washington (2009), I test this prediction by using exogenous variation in turnout provided by the voting age restriction. I improve...

Prospect theory posits that people perceive outcomes as gains or losses in relation to some reference point. People are generally loss averse: the disutility generated by a loss is greater than the utility produced by a commensurate gain. Chapter 6 of the book argues that loss aversion can...

A core proposition in economics is that voluntary exchanges benefit both parties. We show that people often deny the mutually beneficial nature of exchange, instead using zero-sum thinking. Participants read about simple exchanges of goods and services, judging whether each party to the...

Evolutionary psychology is the second wave of the cognitive revolution. The first wave focused on computational processes that generate knowledge about the world: perception, attention, categorization, reasoning, learning, and memory. The second wave views the brain as composed of evolved...

We experimentally test how psychological motivations can impact the processing of purely objective information. We first document that, when the high-stakes College Entrance Exam is held in the month of Ramadan, Chinese Muslim students perform significantly worse. When asked about the impact of...