A single-product retailer faces bargain hunting consumers whose willingness to pay
incorporates sensations of gain and loss driven by differences between the observed price …

We study the identification of intertemporal preferences in a stationary dynamic discrete
decision model. We propose a new approach which focuses on problems which are …

I use a dynamic discrete choice model with a latent variable to flexibly estimate
referencedependent utility models. The structure and evolution of the reference point are …

This dissertation consists of three chapters on empirical industrial organization. The first
chapter explores how a seller uses a public reserve price to signal her private info about the …

Consumers subjectively evaluate market prices against their own reference price. The extant
reference-price models commonly impose two key assumptions: price deviation from …