Revealed preferences link choices, preferences, and welfare when choices appear consistent. The first chapter assesses how much structure is necessary to impose on a model to provide precise welfare guidance based on inconsistent choices. We use data sets from the lab and field to evaluate the predictive power of two conservative “model-free” approaches of behavioral welfare analysis. We find that for most individuals, these approaches have high predictive power, which means there is little ambiguity about what should be selected from each choice set. We show that the predictive power of these approaches correlates highly with two properties of revealed preferences. The second chapter introduces a method for eliciting the set of best altern...
We investigate the relation between welfare and preference satisfaction in economics, and show that ...
Given the endowment effect, the role of attention in decision-making, and the framing effect, most b...
Motivated by the literature on preference elicitation and welfare analysis, Chapter I studies the p...
Revealed preferences link choices, preferences, and welfare when choices appear consistent. The firs...
When choices are inconsistent due to behavioral biases, there is a theoretical debate about whether ...
We propose a broad generalization of standard choice-theoretic welfare economics that encompasses a ...
If decision-makers (DMs) do not always do what is in their best interest, what do choices reveal abo...
We study decision problems where (a) preference parameters are de.ned to include psychological/moral...
This paper proposes a choice-theoretic framework for evaluating economic welfare with the following ...
I introduce a general method for identifying choice correspondences experimentally, i.e., the sets o...
This paper proposes a choice-theoretic framework for evaluating economic welfare with the following ...
We introduce a general method for identifying the sets of best alternatives of decision makers in ea...
We propose an abstract method of systematically assigning a “rational” ranking of outcomes to choice...
A number of different models with behavioral economics have a reduced form representation where pote...
Using the techniques of revealed preference analysis, we study a two-stage model of choice behavior....
We investigate the relation between welfare and preference satisfaction in economics, and show that ...
Given the endowment effect, the role of attention in decision-making, and the framing effect, most b...
Motivated by the literature on preference elicitation and welfare analysis, Chapter I studies the p...
Revealed preferences link choices, preferences, and welfare when choices appear consistent. The firs...
When choices are inconsistent due to behavioral biases, there is a theoretical debate about whether ...
We propose a broad generalization of standard choice-theoretic welfare economics that encompasses a ...
If decision-makers (DMs) do not always do what is in their best interest, what do choices reveal abo...
We study decision problems where (a) preference parameters are de.ned to include psychological/moral...
This paper proposes a choice-theoretic framework for evaluating economic welfare with the following ...
I introduce a general method for identifying choice correspondences experimentally, i.e., the sets o...
This paper proposes a choice-theoretic framework for evaluating economic welfare with the following ...
We introduce a general method for identifying the sets of best alternatives of decision makers in ea...
We propose an abstract method of systematically assigning a “rational” ranking of outcomes to choice...
A number of different models with behavioral economics have a reduced form representation where pote...
Using the techniques of revealed preference analysis, we study a two-stage model of choice behavior....
We investigate the relation between welfare and preference satisfaction in economics, and show that ...
Given the endowment effect, the role of attention in decision-making, and the framing effect, most b...
Motivated by the literature on preference elicitation and welfare analysis, Chapter I studies the p...