Research     

Simplicity and Risk.  Journal of Finance, Volume 80, Issue 2,  pp. 1029-1080. April 2025.  

[PDF][SSRN] [DOI]

     Subsumes Preference for Simplicity, SSRN, 2018. 

  Top Finance Graduate Award.

  Hillel Einhorn New Investigator Award, Runner-Up.

Overvaluing Simple Bets: Evidence from the Options Market (with Aaron Goodman).  Journal of Financial Economics.  Volume 172. October 2025.  

[PDF] [SSRN] [DOI]

  Top Finance Graduate Award.

Simplicity and Probability Weighting in Choice Under Risk (with Drew Fudenberg).  American Economic Association: Papers & Proceedings, Volume 122, pp. 421-425. May 2022. Additional results in  Evaluating and Extending Theories of Choice Under Risk, 2021.  [PDF] [DOI]

Artificial Intelligence and Cognitive Inequality (with Laura Veldkamp). October 2025. Journal of Monetary Economics, Accepted. CRNYU Special Issue.

Certain vs. Uncertain Timing: Financial Markets and Pricing Implications. Working Paper. November 2025.

  Yuki Arai Best Paper Award

  Best Paper Award, London Business School Summer Symposium

  Best Paper Award, Napa Finance Conference

Discussions

Stern-Salomon Microstructure Meeting. Ben-Rephael, Cookson, and Izhakian (2024), Trading, Ambiguity, and Information in the Options Market. May 2024. [Slides]

NBER Summer Institute: Behavioral Macroeconomics. Gabaix and Graeber (2023), The Complexity of Economic Decisions. July 2023.  [Recording] [Slides]

NBER Summer Institute: Household Finance. Schlafmann, Setty, Vestman (2023), Designing Pension Plans According to Consumption-Saving Theory.  July 2023. [Slides]

SFS Cavalcade: Bubbles and Expectations. Bhamra,  Uppal, Walden (2022), Psychological Distance and Subjective Beliefs. May 2023.  [Slides]