Breaking the Cycle: A Craving-Based Model of Habits and Binges
This paper studies cyclical consumption patterns and corresponding habit formation.
Bayesian Persuasion and Outside Options
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.
Sunk-cost, Responsibility, and Beliefs
This paper studies the behavioral dynamics of the sunk-cost effect through a two-stage investment task in a laboratory setting.