An interactive walkthrough of the core technical ideas in "Organization Design for Complex Worlds": the Karhunen–Loève decomposition, the water-filling attention problem, and optimal team size.

Abstract. We analyze one prominent policy solution to the credibility crisis in experimental research—research registries—with primary focus on the AEA RCT

Political prediction markets have been around for decades, but rose to unprecedented visibility and prominence during the last election cycle in the United States.

Back in 2003, a Pentagon office led by Admiral John M.

We modify a canonical experimental design to identify the effectiveness of retractions. Comparing beliefs after retractions to beliefs (a) without the retracted information and (b) after equivalent ne...

Abstract. This paper develops a theory of subjective beliefs that departs from rational expectations, and shows that biases in household beliefs have quant

This paper examines learning dynamics under non-parametric model uncertainty. We choose the monopolistic profit maximization problem (Myerson (1981)) …