We develop a novel computerized real effort task, based on moving sliders across a screen,
to test experimentally whether agents are disappointment averse when they compete in a …

We develop and test a model which links information acquisition decisions to the hedonic
utility of information. Acquiring and attending to information increases the psychological …

Failure mode and effect analysis (FMEA) method is widely utilized as an important reliability
management tool to effectively evaluate and prevent risk problems that occur in all aspects …

Although reference dependence plays a central role in explaining behavior, little is known
about the way that reference points are selected. This paper identifies empirically which …

Regret Theory: A Bold Alternative to the Alternatives | The Economic Journal | Oxford
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Practical two-sided matching decision making problems, such as marriage matching and
person-job matching, are often characterized by a lack of knowledge and time constraints …

We examine the reference-dependent risk preferences of Kőszegi and Rabin (2007),
focusing on their choice-acclimating personal equilibria. Although their model has only a …

Partial‐moment functions are proposed as a flexible way to characterize and estimate
asymmetric effects of inputs on output distributions. Methods for econometric estimation of …

In practical two-sided matching problems, every agent usually cares about the matching
result. If the result reaches or exceeds his/her expectation, he/she will experience elation; …

We examine strategic self-ignorance—the use of ignorance as an excuse to over-indulge in
pleasurable activities that may be harmful to one's future self. Our model shows that guilt …