Rational choice theory commonly assumes that the presence of unselected choices cannot impact which among the remaining choices is selected – often referred to as independence of irrelevant alternatives. We show that such seemingly irrelevant alternatives influence choice in a school lunch...

Background: In the context of food, convenience is generally associated with less healthy foods. Given the reality of present-biased preferences, if convenience was associated with healthier foods and less healthy foods were less convenient, people would likely consume healthier foods. This...

Using a unique dataset collected among farmers in India’s semi-arid tropics, this paper documents the surprising prevalence of risk-taking behavior in the face of high-stakes gambles. The evidence suggests that this apparently anomalous behavior is due to a combination of credit constraints...

In this paper, we explore the relationship between dietary diversity and income in pastoralist households in East Africa. Previous estimates of income elasticities of nutrient demand have ranged from zero to unity. However, these estimates are always based on the total income. One possible...