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Multiple attribute search is a central feature of economic life: we consider much more than price when purchasing a home, and more than wage when choosing a job. Search behavior in these environments has recently been found to deviate systematically and substantially from optimal sequential...
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In his book from the early 1800s, Essai Philosophique sur les Probabilités, the mathematician Pierre-Simon de Laplace anticipated many ideas developed in the 1970s in cognitive psychology and behavioral economics, explaining human tendencies to deviate from norms of rationality in the presence...
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Masatlioglu et al. (2023) show a strong intrinsic preference for positively skewed information over negatively skewed information through three laboratory and two field experiments. Using the provided replication package, we successfully computationally reproduce these results. Additionally, we...
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