Implementation theory assumes that participants' choices are rational, in the sense of being
consistent with the maximization of a context-independent preference. The paper …

One explanation for overpricing on asset markets is a lack of traders' self-control. We
implement the first experiment to address the causal relationship between self-control and …

A vibrant literature incorporates elements of bounded rationality into choice theory. We
survey this work, discussing five central ways in which the literature has modeled departures …

We introduce a flexible framework to study probabilistic choice that accommodates
heterogeneous types and bounded rationality. We provide a novel progressive structure for …

Abstract We introduce the Focal Luce Model (FLM), a random choice model that generalizes
Luce's (1959) model (multinomial logit) to account for menu-dependent focality of …

We introduce a model of reference-dependent choice where the reference point is
endogenously determined through maximization of a conspicuity ranking. This subjective …

The literature on self-control problems has typically put forth models that imply behavior that
is consistent with the weak axiom of revealed preference (WARP). We argue that when …

I provide choice-theoretic foundations for a simple two-stage model, called transitive shortlist
methods, where choices are made by sequentially by applying a pair of transitive …

We introduce and characterize a recursive model of dynamic choice that accommodates
naivete about present bias. While recursive representations are important for infinite-horizon …

We provide a revealed preference methodology for identifying beliefs and utilities that can
vary across states. A notion of comparative informativeness is introduced that is weaker than …