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Department of Economics

University College London

New book: Bounded Rationality and Industrial Organization

(Oxford University Press, 2011)

This book synthesizes a recent theoretical literature that analyzes market models in which profit-maximizing firms interact with consumers whose behavior departs from the standard rational-choice model. The book is meant to serve as a textbook for graduate courses in microeconomic theory, as well as theory-oriented courses in industrial organization or behavioral economics.

Recent Working Papers

Comments on “Behavioral” Decision Theory

Placebo Reforms

Price Competition under Limited Comparability (joint with Michele Piccione, forthcoming in Quarterly Journal of Economics)

Monopoly Pricing when Consumers are Antagonized by Unexpected Price Increases: A "Cover Version" of the Heidhues-Koszegi-Rabin Model (forthcoming in Economic Theory)