Philipp Sadowski


PUBLISHED AND FORTHCOMING PAPERS

Stable Behavior and Generalized Partition with David Dillenberger [February 2018]
Some results previously appeared in "Subjective Learning" with David Dillenberger. This paper supersedes ERID-132.
Economic Theory, forthcoming
Abstract
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Magical Thinking: A Representation Result, with Brendan Daley [May 2017]
Theoretical Economics, Vol 12, 909-956
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Supplementary Appendix

Overeagerness [November 2016]
Journal of Economic Behavior and Organization, Vol 131(A), 114-125
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A Theory of Subjective Learning, with David Dillenberger, Juan Lleras, and Norio Takeoka [September 2014]
Some results previously appeared in "Subjective Learning" with David Dillenberger.
Journal of Economic Theory, Vol 153, 287-312
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Dynamic Preference for Flexibility, with R. Vijay Krishna [May 2014]
Econometrica, Vol 82(2), 655-704
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Contingent Preference for Flexibility: Eliciting Beliefs from Behavior [May 2013]
Theoretical Economics, Vol 8, 503-534
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Ashamed to be Selfish, with David Dillenberger [January 2012]
Theoretical Economics, Vol 7, 99-124
Abstract: We study a decision maker (DM) who has preferences over choice problems, which are sets of payoff-allocations between herself and a passive recipient. An example of such a set is the collection of possible allocations in the classic dictator game. The choice of an allocation from the set is observed by the recipient, whereas the choice of the set itself is not. Behaving selfishly under observation, in the sense of not choosing the normatively best allocation, inflicts shame on DM. We derive a representation that identifies DM's private ranking of allocations, her subjective norm, and shame. The normatively best allocation can be further characterized as the Nash solution of a bargaining game induced by the second-stage choice problem.

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WORKING PAPERS

Subjective Information Choice Processes with David Dillenberger and R. Vijay Krishna [April 2018]
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Supplementary Appendix

Preferences with Taste Shock Representations: Price Volatility and the Liquidity Premium,
with R. Vijay Krishna [June 2016]
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Randomly Evolving Tastes and Delayed Commitment, with R. Vijay Krishna [June 2016]
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Department of Economics, Duke University, Box 90097, Durham, NC 27708, USA | 919 660 1821 | p.sadowski (at) duke (dot) edu