Behavioral finance studies the application of psychology to finance, with a focus on
individual-level cognitive biases. I describe here the sources of judgment and decision …

We provide a selective survey of empirical evidence on the effects as well as the drivers of
persuasive communication. We consider persuasion directed at consumers, voters, donors …

We find that people revise their beliefs about climate change upward when experiencing
warmer than usual temperatures in their area. Using international data, we show that …

This paper presents a first–ever empirical examination of the effectiveness of signals that
entrepreneurs use to induce (small) investors to commit financial resources in an equity …

In this paper, we provide a theoretical and empirical framework that allows us to synthesize
and assess the burgeoning literature on CEO overconfidence. We also provide novel …

This lecture considers the case for consumer financial regulation in an environment where
many households lack the knowledge to manage their financial affairs effectively. The …

Using detailed data of individual investors, this study shows that, on average, individuals
invest more in firms with clear and concise financial disclosures. The results indicate this …

The research in Psychology and Economics (aka Behavioral Economics) suggests that
individuals deviate from the standard model in three respects:(1) nonstandard …

Does media bias affect voting? We analyze the entry of Fox News in cable markets and its
impact on voting. Between October 1996 and November 2000, the conservative Fox News …

Most applications of game theory assume equilibrium, justified by presuming either that
learning will have converged to one, or that equilibrium approximates people's strategic …