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A study by Prelec and Duncan
Simester showed that people buying tickets to sporting events would be willing to pay significantly higher prices using credit cards than they would for cash purchases. Working in the area of
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based on paired questions in which one question of each pair asks about the respondent's own opinion and the other asks the respondent to estimate others' opinions.
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72:, as well as to non-expected utility theories, in particular probability weighting functions. He is also responsible for developing the theory of self-signaling.
30:, and holds appointments in the Department of Economics and in the Department of Brain and Cognitive Sciences at MIT as well. He is a pioneer in the field of
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Loewenstein, George; Prelec, Drazen (1 May 1992). "Anomalies in
Intertemporal Choice: Evidence and an Interpretation*".
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Prelec has made seminal contributions to theories of intertemporal choice, in particular the generalized theory of
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109:"Drazen Prelec distinguished Croatian expert for Neuroeconomics and professor at MIT, USA"
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Philosophical
Transactions of the Royal Society B: Biological Sciences
294:"Self-deception as self-signalling: a model and experimental evidence"
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Prelec, Drazen (1998). "The
Probability Weighting Function".
26:) is a professor of management science and economics in the
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Mijović-Prelec, Danica; Prelec, Draz̆en (27 January 2010).
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196:. Yale Center for the Study of American Politics
45:, and went on to earn a Ph.D. from Harvard in
410:"Mathematical "truth serum" promotes honesty"
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126:"Faculty & Research: Drazen Prelec"
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456:MIT Sloan School of Management faculty
194:"The Harvard Game in a Market Setting"
169:"The crazy logic of a successful sale"
65:. He joined the MIT faculty in 1991.
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341:Morin, Richard (February 17, 2002).
461:American people of Croatian descent
408:McKee, Maggie (October 14, 2004).
216:The Quarterly Journal of Economics
167:Nichols, Michelle (June 4, 2004).
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446:21st-century American economists
149:. MIT Sloan School of Management
128:. MIT Sloan School of Management
57:. He was a Junior Fellow of the
387:Harford, Tim (March 19, 2009).
364:Rosato, Donna (June 17, 2008).
28:MIT Sloan School of Management
16:American economist (born 1955)
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344:"Don't leave home with it"
59:Harvard Society of Fellows
441:Harvard University alumni
147:"Drazen Prelec MIT Sloan"
47:experimental psychology
41:as an undergraduate at
466:Scientists from Zagreb
389:"Your Brain on Credit"
366:"Life without plastic"
310:10.1098/rstb.2009.0218
181:on September 26, 2008.
70:hyperbolic discounting
376:on December 23, 2009.
350:The Washington Post
78:Wisdom of the crowd
39:applied mathematics
51:Richard Herrnstein
43:Harvard University
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436:1955 births
55:Duncan Luce
430:Categories
200:2022-01-22
153:2022-01-22
132:2015-08-03
95:References
61:and was a
24:Yugoslavia
91:descent.
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89:Croatian
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