Sunk-cost, Responsibility, and Belief

This paper studies the behavioral dynamics of the sunk-cost effect through a two-stage investment task in a laboratory setting.

September 2026 · Zhongheng Qiao

Biased Agents, Extreme Beliefs: Motivated Reasoning Under Competing Models

This paper studies how people select models and update their beliefs in a multi-model environment.

August 2026 · Zhongheng Qiao

Pricing with Persuasion: An Experimental Investigation

This paper studies a Bayesian persuasion problem where the seller simultaneously provides an ex- ante signal of the project’s difficulty and a price to complete the job.

March 2025 · Andrew Leal, Zhongheng Qiao