Search Results - "Bernheim, B. Douglas"

What Motivates Paternalism? An Experimental Study by Ambuehl, Sandro, Bernheim, B. Douglas, Ockenfels, Axel

“…We study experimentally when, why, and how people intervene in others’ choices. Choice Architects (CAs) construct opportunity sets containing bundles of…”
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Predictability and Power in Legislative Bargaining by ALI, S. NAGEEB, BERNHEIM, B. DOUGLAS, FAN, XIAOCHEN

“…The rules and procedures of legislatures often provide legislators with information bearing on the identities of upcoming proposers. For a broad class of…”
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Addiction and Cue-Triggered Decision Processes by Bernheim, B. Douglas, Rangel, Antonio

“…We propose a model of addiction based on three premises: (i) use among addicts is frequently a mistake; (ii) experience sensitizes an individual to…”
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Toward Choice-Theoretic Foundations for Behavioral Welfare Economics by Bernheim, B. Douglas, Rangel, Antonio

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Neural Activity Reveals Preferences without Choices by Smith, Alec, Bernheim, B. Douglas, Camerer, Colin F., Rangel, Antonio

“…We investigate the feasibility of inferring the choices people would make (if given the opportunity) based on their neural responses to the pertinent prospects…”
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BEHAVIORAL WELFARE ECONOMICS by Bernheim, B. Douglas

“…This paper discusses several competing proposals for general normative frameworks that would encompass non-standard models of choice. Most existing proposals…”
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What Accounts for the Variation in Retirement Wealth among U.S. Households? by Bernheim, B. Douglas, Skinner, Jonathan, Weinberg, Steven

“…Even among households with similar socioeconomic characteristics, saving and wealth vary considerably. Life-cycle models attribute this variation to…”
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Do Consumers Exploit Commitment Opportunities? Evidence from Natural Experiments Involving Liquor Consumption by Bernheim, B. Douglas, Meer, Jonathan, Novarro, Neva K.

“…This paper provides evidence concerning the extent to which consumers of liquor employ commitment devices. One widely recommended commitment strategy is to…”
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On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal by Bernheim, B. Douglas

“…This paper attempts to identify and articulate the specific ways in which the emerging field of neuroeconomics might shed light on traditional positive and…”
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ON THE EMPIRICAL VALIDITY OF CUMULATIVE PROSPECT THEORY: EXPERIMENTAL EVIDENCE OF RANK-INDEPENDENT PROBABILITY WEIGHTING by Bernheim, B. Douglas, Sprenger, Charles

“…Cumulative Prospect Theory (CPT), the leading behavioral account of decisionmaking under uncertainty, avoids the dominance violations implicit in Prospect…”
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Candidates, Character, and Corruption by Bernheim, B. Douglas, Kartik, Navin

“…We study the characteristics of self-selected candidates in corrupt political systems. Individuals differ along two dimensions of unobservable character:…”
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POVERTY AND SELF-CONTROL by Bernheim, B. Douglas, Ray, Debraj, Yeltekin, Şevin

“…We argue that poverty can perpetuate itself by undermining the capacity for self-control. In line with a distinguished psychological literature, we consider…”
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Social Image and the 50-50 Norm: A Theoretical and Experimental Analysis of Audience Effects by Andreoni, James, Bernheim, B. Douglas

“…A norm of 50-50 division appears to have considerable force in a wide range of economic environments, both in the real world and in the laboratory. Even in…”
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The Power of the Last Word in Legislative Policy Making by Bernheim, B. Douglas, Rangel, Antonio, Rayo, Luis

“…We examine legislative policy making in institutions with two empirically relevant features: agenda setting occurs in real time and the default policy evolves…”
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Bequests as Signals: An Explanation for the Equal Division Puzzle by Bernheim, B. Douglas, Severinov, Sergei

“…In the United States, more than two‐thirds of decedents with multichild families divide their estates exactly equally among their children. In contrast, gifts…”
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Beyond Revealed Preference: Choice-Theoretic Foundations for Behavioral Welfare Economics by Bernheim, B. Douglas, Rangel, Antonio

“…We propose a broad generalization of standard choice-theoretic welfare economics that encompasses a wide variety of nonstandard behavioral models. Our approach…”
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The Welfare Economics of Default Options in 401(k) Plans by Bernheim, B. Douglas, Fradkin, Andrey, Popov, Igor

“…Default contribution rates for 401(k) pension plans powerfully influence choices. Potential causes include opt-out costs, procrastination, inattention, and…”
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On the empirical validity of cumulative prospect theory: A response to the Wakker commentaries by Bernheim, B. Douglas, Sprenger, Charles

“…In Bernheim and Sprenger (2020) and Bernheim, Royer, and Sprenger (2022), we devised and implemented a new test of rank-dependent probability weighting for…”
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Optimal default options by Bernheim, B. Douglas, Mueller-Gastell, Jonas

“…Previous studies of optimal default options demonstrate that either opt-out minimization or maximization is optimal under restrictive conditions. We obtain a…”
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A Theory of Chosen Preferences by Bernheim, B. Douglas, Braghieri, Luca, Martínez-Marquina, Alejandro, Zuckerman, David

“…We propose and develop a dynamic theory of endogenous preference formation in which people adopt worldviews that shape their judgments about their experiences…”
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