Working Papers
Suspense and Surprise (with Jeff Ely and Emir Kamenica)
  First version July 2012; Updated April 2013
  Online Appendix
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We model demand for non-instrumental information, drawing on the idea that people derive entertainment utility from suspense and surprise. A period has more suspense if the variance of the next period's beliefs is greater. A period has more surprise if the current belief is further from the last period's belief. Under these definitions, we analyze the optimal way to reveal information over time so as to maximize expected suspense or surprise experienced by a Bayesian audience. We apply our results to the design of mystery novels, political primaries, casinos, game shows, auctions, and sports.
Delegating Multiple Decisions (formerly Simple
Multidimensional Delegation)
  First version April 2011; Updated April 2013 with new results on general bias utilities
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In a class of delegation problems over multiple decisions, it is optimal for the principal to cap the agent's choices against the direction of her bias. Geometrically, this corresponds to a half-space delegation set.
Discounted Quotas
  First version May 2009;
Updated July 2011
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Taxation of Couples under Assortative Mating
  First version June 2008; Updated September 2012
  Revise and Resubmit, AEJ: Policy
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I present a simple and tractable model of the optimal taxation of married couples, working off of the multidimensional screening framework of Armstrong and Rochet (1999). In particular, I study how the tax code varies with the degree of assortative mating. One implication of the model is that the "negative jointness" of marginal tax rates found in Kleven, Kreiner, and Saez (2006, 2009) for couples with uncorrelated earnings should be attenuated in the presence of assortative mating. When mating is sufficiently assortative, the optimal tax schedule has zero jointness -- one's marginal taxes do not depend on the partner's income.
Forthcoming and Published Papers
Aligned Delegation
  First version December
2010; Updated February 2013
  Accepted, American Economic Review
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Abstract
Experts and Their Records (with Michael Schwarz)
  First version April 2009; minor updates February 2013
  Accepted, Economic Inquiry
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