belief of the audience, which generates a sample selection problem. This paper experimentally studies how people form beliefs … computational complexity of the decision problem. These results point to the context-dependence of what comes to mind and the …

validity to the basic design. As complexity increases, prices become autocorrelated with cyclical tendencies. Regressions and …

complexity metrics, we find that all three patterns are well organized by metrics suggested by Lipman (1995) and Gabaix (2014 …

Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …