Now showing items 1-3 of 3

    • Behavioral Characterizations of Naiveté for Time-Inconsistent Preferences 

      Ahn, D; Iijima, R; Yaouanq, Y; Sarver, TD (Economic Research Initiatives at Duke (ERID), 2016-11-14)
      We propose nonparametric definitions of absolute and comparative naiveté. These definitions leverage ex-ante choice of menu to identify predictions of future behavior and ex-post (random) choices from menus to identify actual ...
    • Comparative Measures of Naivet é 

      Ahn, D; Sarver, TD (Economic Research Initiatives at Duke (ERID), 2015-04-28)
      We propose nonparametric definitions of absolute and comparative naiveté. These definitions leverage both ex-ante choice of menu to identify individuals' projections of their future behavior and ex-post choice from menus ...
    • Mixture-Averse Preferences and Heterogeneous Stock Market Participation 

      Sarver, TD (Economic Research Initiatives at Duke (ERID), 2016-09-09)
      To study intertemporal decisions under risk, we develop a new recursive model of non-expected-utility preferences. The main axiom of our analysis is called mixture aversion, as it captures a dislike of probabilistic mixtures ...