Department of Economics

"Background Risk and Small-Stakes Risk Aversion" (with Xiaosheng Mu, Philipp Strack, and Omer Tamuz)

"Culture and Communication" (joint with Muhamet Yildiz)

“Nonrepresentative Representative Consumers” via Zoom

"The Behavioral Foundations of Model Misspecification: A Decomposition" joint with Daniel N. Hauser Abstract: A growing literature in economics seeks to model how agents process information and update beliefs. In this paper, we link two common approaches: (i) defining an updating rule that specifies a mapping from prior beliefs and the signal to the agent's […]