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Jose Louis Montiel Olea and I just completed a new paper. We show how to simply axiomatize the beta delta model using the time dimension. This suggests a nice experimental measurement techinique. Comments welcome.

Faruk Gul, Wolfgang Pesendorfer, and I just completed a new paper. We propose a model that captures forms of limited attention and underreaction. We show what happens with prices in a complete markets economy. Comments welcome. Jeff Ely featured our paper...

Harvard Assistant Professor of Economics Tomasz Strzalecki has been named as one of the 2012 Sloan Research Fellows by the Alfred P. Sloan Foundation. The Sloan Research Fellowships seek to stimulate fundamental research by early-career scientists and...

Drew Fudenberg and I just completed a new . We provide axiomatic characterizations of two sorts of stochastic choice rules, where the agent makes his current decisions using a forward-looking value function that takes into account his future...

Professor Tomasz Strzalecki has been named the Furer Fellow in the Department of Economics, for a three-year term, effective July 1, 2012. The Furer Fellowship is an endowed position that recognizes the achievement of assistant and associate professors in...