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

The Tell in the Details: Queries, Cognitive Bounds and Credibility in Bargaining

This paper investigates how query-based communication interacts with bounded cognition to shape bargainer credibility.

August 2026 · Junya Zhou, Gary Bolton, Zhongheng Qiao

Choosing Complexity: Cognitive Ability, Overconfidence, and Task Choice

This paper studies how cognitive ability and overconfidence shape this choice of task complexity.

June 2026 · David Gill, Zhongheng Qiao

Norms in Conflict: Why AI Advisors Fail to Improve Human Coordination

This paper studies whether generative AI improves cooperation in threshold public-goods games by advising humans or acting autonomously.

March 2026 · Zhongheng Qiao, Alex Tabarrok, Robertas Zubrickas, Tim Cason

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