Published and Working Papers

• Selling to Wishful Thinkers (with Matthew Kovach) -- Job Market Paper

  • Idea: Some people overestimate the chances of good events.  You can extract surplus from such wishful thinkers by introducing uncertainty.

• Conservative Updating (with Matthew Kovach)

  • Idea: Some people do not change their beliefs enough when provided information. Here's a preference-based characterization of such behavior. 

• Greenfield Foreign Direct Investment: Social Learning Drives Persistence (with Joe Cho Yiu Ng, Byron Kwok Ping Tsang, and Charles Ka Yui Leung) - Journal of International Money and Finance, Vol. 126, September 2022

  • Idea: Utilizing a sequential learning model, we explore the significant role that information fractions play in elucidating the persistence of Foreign Direct Investment (FDI) and its relationship with cross-country learning. 

Work in Progress 

• When is Bayes’ factor model selection consistent with rationality?

•  Behavioral Foundations of Model Selection (with Matthew Kovach, and Cuimin Ba)