Udayan Roy

Behavioral Economics

Research Papers (PDF)

Adam Smith, Behavioral Economist by Nava Ashraf, Colin F. Camerer and George Loewenstein, Journal of Economic Perspectives, Volume 19, Number 3, Summer 2005.

Early decisions: A regulatory framework by John Beshears, James J. Choi, David Laibson and Brigitte C. Madrian, SWEDISH ECONOMIC POLICY REVIEW 12 (2005)

Schmeduling by Jeffrey B. Liebman and Richard J. Zeckhauser, Harvard University and NBER, Working Paper, October 2004

Libertarian Paternalism Is Not an Oxymoron by Cass R. Sunstein and Richard H. Thaler, The University of Chicago Law Review, Volume 70 Fall 2003 Number 4.

Behavioral Economics: Past, Present, Future by Colin F. Camerer and George Loewenstein, Working Paper, 10/25/2002.

Prospect Theory: An Analysis of Decision under Risk by Daniel Kahneman and Amos Tversky, Econometrica, Vol. 47, No. 2 (March 1979), 263-292.

The New Paternalism: An economist and a legal scholar argue that policy makers should nudge people into making good decisions
By EVAN R. GOLDSTEIN
The Chronicle of Higher Education
May 9, 2008

Testosterone May Fuel Stock-Market Success, Or Make Traders Tipsy
By ROBERT LEE HOTZ
THE WALL STREET JOURNAL
April 18, 2008; Page B1

Lured Toward the Right Choice
By Barbara Kiviat
Time
April 03, 2008
Review of Nudge by Richard Thaler and Cass Sunstein

Emonomics
By DAVID BERREBY
The New York Times
March 16, 2008
Review of Predictably Irrational by Dan Ariely

What Was I Thinking?
by Elizabeth Kolbert
The New Yorker
February 25, 2008
The latest reasoning about our irrational ways. Review of Predictably Irrational by Dan Ariely

Grape expectations: What wine can tell us about the nature of reality
By Jonah Lehrer
Boston Globe
February 24, 2008

Charting the Agony Of a Brain as It Struggles to Be Fair
By ROBERT LEE HOTZ
THE WALL STREET JOURNAL
October 12, 2007; Page B1

July 31, 2007
Who’s Minding the Mind?
By BENEDICT CAREY
The New York Times

Neuroeconomics: Money isn't everything
The Economist
July 5th 2007
Men with a lot of testosterone make curious economic choices

Sometimes, What’s Needed Is a Nudge
By DAVID LEONHARDT
The New York Times
May 16, 2007

Your Plate Is Bigger Than Your Stomach
By DAVID LEONHARDT
The New York Times
May 2, 2007

The Survival of the Fattest
by Cass R. Sunstein & Richard H. Thaler

The New Republic
Issue date: 03.19.07
Review of
Mindless Eating: Why We Eat More Than We Think By Brian Wansink

Lotto Makes Sense, Even for Losers
By BENEDICT CAREY
The New York Times
March 11, 2007

Helping People Help Themselves
By TERESA TRITCH
The New York Times
February 14, 2007

When maņana is too soon: A psychologist in Calgary thinks he knows why we procrastinate
by
Kurt Kleiner
The Toronto Star
Jan 14, 2007

Why say no to free money? It's neuro-economics, stupid
By Mark Henderson
October 07, 2006
The Times, London
Studies show how the brain lets the emotions override common sense when reaching some tough decisions. Our correspondent reports on the 'ultimatum game'

August 3, 2006
The Herd Changes Course and Runs Away From S.U.V.’s
By ROBERT H. FRANK
The New York Times

The Marketplace of Perceptions
by Craig Lambert
Harvard Magazine
March-April 2006
Behavioral economics explains why we procrastinate, buy, borrow, and grab chocolate on the spur of the moment.

The aggro of the agora
The Economist
Jan 12th 2006
Consumers fail to measure up to economists' expectations

Pensions by default
The Economist
August 25th 2005
Behavioural finance offers a tempting alternative to voluntary and forced saving for old age

July 24, 2005
Scaring Us Senseless
By NASSIM NICHOLAS TALEB
The New York Times

Monkey Business
By STEPHEN J. DUBNER and STEVEN D. LEVITT
June 5, 2005
The New York Times Magazine
(Keith Chen's Monkey Research)

MARCH 28, 2005
Why Logic Often Takes A Backseat
By Peter Coy
BusinessWeek,

The study of neuroeconomics may topple the notion of rational decision-making

Can behavioral economics save us from ourselves?
by Sharla A. Stewart
University of Chicago Magazine
February 2005
Traditional economics holds that humans, as rational beings, make choices to maximize their welfare. Chicago’s Richard Thaler argues that policy makers—including those working on President Bush’s plan to partially privatize Social Security—would do well to remember that rationality has its bounds.

Mind games
Jan 13th 2005
The Economist
Can studying the human brain revolutionise economics?

December 5, 2004
The Dry Goods Frenzy, Updated
By TRACIE ROZHON
The New York Times

As Two Economists Debate Markets, The Tide Shifts: Belief in Efficient Valuation Yields Ground to Role Of Irrational Investors
By JON E. HILSENRATH
THE WALL STREET JOURNAL
October 18, 2004

The evolution of everyday life
Aug 12th 2004
The Economist
Co-operation has brought the human race a long way in a staggeringly short time

Aug. 9, 2004
Mind Reading
By Jerry Adler
Newsweek International
The new science of decision making. It's not as rational as you think.

To have and to hold
Aug 28th 2003
The Economist
Can people learn to be as rational as economic theory supposes?

July 6, 2003
How Much Does It Cost Not to Go to the Gym?
By DAVID LEONHARDT
The New York Times

July 3, 2003
When Emotions Guide Investors
By HAL R. VARIAN
The New York Times

June 28, 2003
Calculating the Irrational in Economics
By STEPHEN J. DUBNER
The New York Times

June 17, 2003
Brain Experts Now Follow the Money
By SANDRA BLAKESLEE
The New York Times

June 8, 2003
Prospect Theory
By DIRK OLIN
The New York Times

Behaviourists at the gates
May 8th 2003
The Economist
How economists are using psychology to question orthodox policy prescriptions

January 1, 2003
Nobel Winner: Investors Can't Beat Market
By THE ASSOCIATED PRESS
The New York Times

November 2002
Explaining the Irrational
By Julie Diop
Technology Review

April 14, 2002
How a Tax on Cigarettes Can Help The Taxed
By DAVID LEONHARDT
The New York Times

February 14, 2002
Investor Behavior Plays Role in Debate Over Wider Choice in 40l(k)'s
By HAL R. VARIAN
The New York Times

The Compromise Effect
. . . And the New Thinking About Money Is That Your Irrationality Is Predictable
By Steven Pearlstein
Washington Post Staff Writer
Sunday, January 27, 2002; Page H01

AUG 19, 2001
Some Funds Try to Read Your Mind
By ELIZABETH HARRIS
The New York Times

June 18, 2001
The Outlook
Steven Lipin
The Wall Street Journal

May 24, 2001
Economic Scene: Pentagon Shows That It Doesn't Always Pay to Take the Money and Run
By ALAN B. KRUEGER
The New York Times

BUSINESSWEEK ONLINE : JULY 31, 2000 ISSUE
Putting a Human Face on Economics
By Charles J. Whalen