Psychology is fragmented into the study of a myriad of constructs and measures, most of which are used very rarely. This hinders cumulative knowledge generation. We call on the field to defragment psy...

(Fall 2024) - Incentive compatibility is core to mechanism design. The success of auctions, matching algorithms, and voting systems all hinge on the ability to select incentives that make it in the in...

Everyone agrees that feelings and actions are intertwined, but cannot agree how. According to dominant models, actions are directed by estimates of va…

(December 2024) - We provide a guide to the burgeoning literature on the economics of social media. We first define social media platforms and highlight their unique features. We then synthesize the m...

An in-depth analysis of how humanity's compulsion to categorize affects every aspect of our lived experience.The minute we are born—sometimes even before—w

Abstract Consumer research has explored several dimensions of maladaptive decision-making, including compulsive consumption and behavioral addiction. Here we propose extending this work by integrating...

(November 2023) - The canonical direct-elicitation approach for measuring individuals' valuations for goods is the Becker-DeGroot-Marschak procedure, which generates willingness-to-pay (WTP) values th...

Recent decades have witnessed a burst of neuroscience research investigating mental and physiological processes central to consumer behavior, including sensory perception, memory, and decision making...