Search Results - "Köszegi, Botond"

Behavioral Contract Theory by Koszegi, Botond

“…This review provides a critical survey of psychology-and-economics ("behavioraleconomics") research in contract theory. First, I introduce the theories of…”
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A MODEL OF FOCUSING IN ECONOMIC CHOICE by Kőszegi, Botond, Szeidl, Adam

“…We present a generally applicable theory of focusing based on the hypothesis that a person focuses more on, and hence overweights, attributes in which her…”
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NAÏVETÉ-BASED DISCRIMINATION by Heidhues, Paul, Kőszegi, Botond

“…We initiate the study of naïveté-based discrimination, the practice of conditioning offers on external information about consumers’ naïveté. Knowing that a…”
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A Model of Reference-Dependent Preferences by Kőszegi, Botond, Rabin, Matthew

“…We develop a model of reference-dependent preferences and loss aversion where “gain-loss utility” is derived from standard “consumption utility” and the…”
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Choice Simplification: A Theory of Mental Budgeting and Naive Diversification by Kőszegi, Botond, Matějka, Filip

“…Abstract We develop a theory of how an agent makes basic multiproduct consumption decisions in the presence of taste, consumption opportunity, and price shocks…”
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Exploiting Naïvete about Self-Control in the Credit Market by Heidhues, Paul, Kőszegi, Botond

“…We analyze contract choices, loan-repayment behavior, and welfare in a model of a competitive credit market when borrowers have a taste for immediate…”
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Understanding Markets with Socially Responsible Consumers by Kaufmann, Marc, Andre, Peter, Kőszegi, Botond

“…Abstract Many consumers care about climate change and other externalities associated with their purchases. We analyze the behavior and market effects of such…”
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Reference-Dependent Consumption Plans by Kőszegi, Botond, Rabin, Matthew

“…We develop a rational dynamic model in which people are loss averse over changes in beliefs about present and future consumption. Because changes in wealth are…”
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Inferior Products and Profitable Deception by HEIDHUES, PAUL, KŐSZEGI, BOTOND, MUROOKA, TAKESHI

“…We analyse conditions facilitating profitable deception in a simple model of a competitive retail market. Firms selling homogenous products set anticipated…”
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UNREALISTIC EXPECTATIONS AND MISGUIDED LEARNING by Heidhues, Paul, Kőszegi, Botond, Strack, Philipp

“…We explore the learning process and behavior of an individual with unrealistically high expectations (overconfidence) when outcomes also depend on an external…”
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Fragile Self-Esteem by Kőszegi, Botond, Loewenstein, George, Murooka, Takeshi

“…Abstract We develop a model of fragile self-esteem—self-esteem that is vulnerable to objectively unjustified swings—and study its implications for choices that…”
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Reference-Dependent Risk Attitudes by Kőszegi, Botond, Rabin, Matthew

“…We use Kőszegi and Rabin's (2006) model of reference-dependent utility, and an extension of it that applies to decisions with delayed consequences, to study…”
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A Model of Reference-Dependent Preferences by Köszegi, Botond, Rabin, Matthew

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Browsing versus Studying: A Pro-market Case for Regulation by Heidhues, Paul, Johnen, Johannes, Kőszegi, Botond

“…Abstract We identify a competition-policy-based argument for regulating the secondary features of complex or complexly priced products when consumers have…”
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Competition and Price Variation When Consumers Are Loss Averse by Heidhues, Paul, Kőszegi, Botond

“…We modify the Salop (1979) model of price competition with differentiated products by assuming that consumers are loss averse relative to a reference point…”
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Convergence in models of misspecified learning by Heidhues, Paul, Kőszegi, Botond, Strack, Philipp

“…We establish convergence of beliefs and actions in a class of one-dimensional learning settings in which the agent's model is misspecified, she chooses actions…”
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Steering Fallible Consumers by Heidhues, Paul, Köster, Mats, Kőszegi, Botond

“…Abstract Online intermediaries with information about a consumer’s tendencies often ‘steer’ her toward products she is more likely to purchase. We analyse the…”
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Regular prices and sales by Heidhues, Paul, Koszegi, Botond

“…It is widely known that loss aversion leads individuals to dislike risk, and as has been argued by many researchers, in many instances this creates an…”
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On the Welfare Costs of Naiveté in the US Credit-Card Market by Heidhues, Paul, Köszegi, Botond

“…In the presence of naive consumers, a participation distortion arises in competitive markets because the additional profits from naive consumers lead…”
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Tax incidence when individuals are time-inconsistent: the case of cigarette excise taxes by Gruber, Jonathan, Kőszegi, Botond

“…One of the most cogent criticisms of excise taxes is their regressivity, with lower income groups spending a much larger share of their income on goods such as…”
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