NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Who Is (More) Rational?

Syngjoo Choi, Shachar Kariv, Wieland Müller, Dan Silverman

NBER Working Paper No. 16791
Issued in February 2011

---- Acknowledgements -----

We thank Douglas Gale and Raymond Fisman for detailed comments and suggestions. We are also grateful to James Andreoni, James Banks, Richard Blundell, Andrew Caplin, David Card, Thomas Crossley, Stefano DellaVigna, Guillaume Frechette, Steffen Huck, Patrick Kline, Ron Lee, John List, Nicola Persico, Imran Rasul, Joel Slemrod, Arthur van Soest and Hans-Martin von Gaudecker for helpful discussions and comments. This paper has also benefited from suggestions by the participants of seminars at several universities and conferences. Jelmer Ypma provided excellent research assistance. We thank Corrie Vis and Edwin de Vet of CentERdata (Tilburg University) for software development and technical support. We acknowledge financial support from the Economic and Social Research Council (ESRC) Grant No. RES-061-25-0348 (Choi), the Center on the Economics and Demography of Aging (CEDA) and the Coleman Fung Risk Management Research Center (OpenLink Fund) at UC Berkeley (Kariv), and the Netherlands Organisation for Scientific Research (NWO) and the Network for Studies on Pensions, Aging and Retirement (Netspar) (Mueller) The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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