Selected Working Papers
Selected Working Papers
Gu, Ariel, Matthew J. Walker, and Hong Il Yoo (2026): "Risk and Time Preferences of Couples in a General Population." Revise and resubmit at International Economic Review.
Feng, Shuaizhang, Ariel Gu, Matthew J. Walker, and Hong Il Yoo (2026): "A Longitudinal Study of Ambiguity Preferences During Adolesecence."
Georgalos, Konstantinos, Ariel Gu, and Hong Il Yoo (2025): “Bayesian and Classical Estimation of Individual-level Risk Preferences.”
Refereed Publications
Kettlewell, Nathan, Matthew J. Walker, and Hong Il Yoo (2026): "Alternative Models of Preference Heterogeneity for Elicited Choice Probabilities," Transportation Research Part B: Methodological, 214, 103585.
Kettlewell, Nathan, Agnieszka Tymula, and Hong Il Yoo (2026): "An Analysis of Heritability in Preferences Using Behavioral Models of Decision Making," Management Science, forthcoming.
Gu, Ariel, Matthew J. Walker, and Hong Il Yoo (2026): "Narrow Framing in Risk Aversion Experiments: Further Evidence from a Wide Replication," Journal of Applied Econometrics, 41 (1), 127-133.
Lau, Morten I., and Hong Il Yoo (2025): "Structural Estimation of Higher Order Risk Preferences," Econometrica, 93 (5), 1855-1883.
Harrison, Glenn W., Morten I. Lau, and Hong Il Yoo (2025): "Constant Discounting, Temporal Instability, and Dynamic Inconsistency in Denmark: A Longitudinal Field Experiment," International Economic Review, 66 (1), 363-392.
Gu, Ariel, and Hong Il Yoo (2025): “Mutual Fund Performance and Flow-Performance Relationship under Ambiguity," Journal of Empirical Finance, 84, 101655.
Penfold, Robert B, Hong Il Yoo, Julie Richards, Norah L Crossnohere, Eric Johnson, Chester J Pabiniak, Anne D Renz, Nicola B Campoamor, Gregory E Simon, and John FP Bridges (2024): "Acceptability of Linking Individual Credit, Financial, and Public Records Data to Healthcare Records for Suicide Risk Machine Learning Models," JAMIA Open, 7 (4), ooae113.
Lau, Morten I., Hong Il Yoo, and Hongming Zhao (2023): "Temporal Stability of Cumulative Prospect Theory," in: Models of Risk Preferences: Descriptive and Normative Challenges (Research in Experimental Economics, 22, 193-226), Glenn W. Harrison and Don Ross (eds.), Bingley, UK: Emerald.
Gu, Ariel, and Hong Il Yoo (2021): "Prospect Theory and Mutual Fund Flows," Economics Letters, 201, 109776.
Harrison, Glenn W., Morten I. Lau, and Hong Il Yoo (2020): "Risk Attitudes, Sample Selection and Attrition in a Longitudinal Field Experiment," Review of Economics and Statistics, 102 (3), 552-568.
Doiron, Denise, and Hong Il Yoo (2020): "Stated Preferences over Job Characteristics: A Panel Study," Canadian Journal of Economics, 53 (1), 43-82.
Moffat, John, and Hong Il Yoo (2020): "Religion, Religiosity and Educational Attainment: Evidence from the Compulsory Education System in England," Applied Economics, 52 (4), 430-442.
Yoo, Hong Il (2020): "lclogit2: An Enhanced Command to Fit Latent Class Conditional Logit Models," Stata Journal, 20 (2), 405-425.
Yan, Jin, and Hong Il Yoo (2019): "Semiparametric Estimation of the Random Utility Models with Rank-Ordered Choice Data," Journal of Econometrics, 211 (2), 414-438.
Fiebig, Denzil G., and Hong Il Yoo (2019): "Econometrics of Stated Preferences," in: Oxford Encyclopedia of Health Economics, Andrew M. Jones (ed.), Oxford, UK: Oxford University Press.
Gu, Ariel, and Hong Il Yoo (2019): "vcemway: A One-Stop Solution for Robust Inference with Multi-Way Clustering," Stata Journal, 19 (4), 900-912.
Groothuis-Oudshoorn, Catharina G. M., Terry N. Flynn, Hong Il Yoo, Jay Magidson, and Mark Oppe (2018): "Key Issues and Potential Solutions for Understanding Healthcare Preference Heterogeneity Free from Patient-Level Scale Confounds," The Patient - The Patient Centered Outcomes Research, 11, 463-466.
Doiron, Denise, and Hong Il Yoo (2017): "Temporal Stability of Stated Preferences: The Case of Junior Nursing Jobs," Health Economics, 26 (6), 802-809.
Hole, Arne Risa, and Hong Il Yoo (2017): "The Use of Heuristic Optimization Algorithms to Facilitate the Maximum Simulated Likelihood Estimation of Random Parameter Logit Models," Journal of the Royal Statistical Society: Series C, 66 (5), 997-1013.
Oviedo, Jose L., and Hong Il Yoo (2017): "A Latent Class Nested Logit Model for Rank-Ordered Data with Application to Cork Oak Reforestation," Environmental and Resource Economics, 68, 1021-1051.
Abul Naga, Ramses H., Yajie Shen, and Hong Il Yoo (2016): "Joint Hypothesis Tests for Multidimensional Inequality Indices," Economics Letters, 141, 138-142.
Moffat, John, and Hong Il Yoo (2015): "Who Are the Unemployed? Evidence from the United Kingdom," Economics Letters, 132, 61-64.
Yoo, Hong Il, and Denise Doiron (2013): "The Use of Alternative Preference Elicitation Methods in Complex Discrete Choice Experiments," Journal of Health Economics, 32 (6), 1166-1179.
Pacifico, Daniele, and Hong Il Yoo (2013): "lclogit: A Stata Command for Fitting Latent-Class Conditional Logit Models via the Expectation-Maximization Algorithm," Stata Journal, 13 (3), 625-639.