Three-way decision (T-WD) theory is about thinking, problem solving, and computing in
threes. Behavioral decision making (BDM) focuses on effective, cognitive, and social …

Rewards are crucial objects that induce learning, approach behavior, choices, and
emotions. Whereas emotions are difficult to investigate in animals, the learning function is …

Predicting and understanding how people make decisions has been a long-standing goal in
many fields, with quantitative models of human decision-making informing research in both …

In this work, we build on recent advances in distributional reinforcement learning to give a
generally applicable, flexible, and state-of-the-art distributional variant of DQN. We achieve …

This article documents the economic relevance of measuring cognitive uncertainty: people's
subjective uncertainty over their ex ante utility-maximizing decision. In a series of …

Behavioral finance tries to make sense of financial data using models that are based on
psychologically accurate assumptions about people's beliefs, preferences, and cognitive …

Abstract In 1979, Daniel Kahneman and Amos Tversky, published a paper in Econometrica
titled “Prospect Theory: An Analysis of Decision under Risk.” The paper presented a new …

I started this project some 10 years back; Professor Paul Green assisted me in the early
phase of this work. During the last 5 years or so, there have been several interesting …

We investigate the relationship between violence and economic risk preferences in
Afghanistan combining:(i) a two-part experimental procedure identifying risk preferences …

Theories of reference-dependent preferences propose that individuals evaluate outcomes
as gains or losses relative to a neutral reference point. We test for reference dependence in …