Research — Erkut Y. Ozbay

Publications

Buying an Influencer for an Election (with Ozlem Tonguc) [Review of Law & Economics, 2026, 21(4), pp. 707-724]
Evidence Games: Lying Aversion and Commitment (with Elif B. Osun) [Games and Economic Behavior, 2025, 154, pp. 329-350]
Choosing to Search: Choice with a Default Option (with Ian Chadd and Emel Filiz-Ozbay) [ Experimental Economics, 2025, 28(2), pp. 237–253]
The Thrill of Gradual Learning (with Faruk Gul, Paulo Natenzon, and Wolfgang Pesendorfer) [ Journal of Political Economy Microeconomics, 2025, 3(3)]
Effects of the Menu of Loan Contracts on Borrower Behavior (with Katharine G. Abraham, Emel Filiz-Ozbay, and Lesley J. Turner) [ Management Science, 2022, 68(1), pp. 509–528]
Comparing Ambiguous Urns with Different Sizes (with Emel Filiz-Ozbay, Huseyin Gulen, and Yusufcan Masatlioglu) [ Journal of Economic Theory, 2022, 105224]
A Journal-Based Replication of “Being Chosen to Lead” (with Allan Drazen, Anna Dreber, and Erik Snowberg) [ Journal of Public Economics, 2021, 104482]
The Relevancy of Irrelevant Information (with Ian Chadd and Emel Filiz-Ozbay) [ Experimental Economics, 2021, 24, pp. 985–1018]
Path-Independent Consideration (with Juan S. Lleras, Yusufcan Masatlioglu, and Daisuke Nakajima) [ Games, 2021, 12(1):21]
Shortlisting with a Limited Capacity (with Sen Geng) [ Journal of Mathematical Economics, 2021, 102447]
Framing Effects, Earnings Expectations, and the Design of Student Loan Repayment Schemes (with Katharine G. Abraham, Emel Filiz-Ozbay, and Lesley J. Turner) Online Appendix [ Journal of Public Economics, 2020, 183]
Does “Being Chosen to Lead” Induce Non-Selfish Behavior? Experimental Evidence on Reciprocity (with Allan Drazen) [ Journal of Public Economics, 2019, 174, pp. 13–21]
The Role of Cognitive Ability, Personality Traits and Gender in Gift Exchange Outcomes (with Emel Filiz-Ozbay, John C. Ham, John H. Kagel) [ Experimental Economics, 2018, 21, pp. 650–672]
When More is Less: Choice by Limited Consideration (with Juan S. Lleras, Yusufcan Masatlioglu, and Daisuke Nakajima) [ Journal of Economic Theory, 2017, 170, pp. 70–85]
Dictating Risk – Experimental Evidence on Giving in Risky Environments: Reply (with J. Michelle Brock and Andreas Lange) [ American Economic Review, 2016, 106, pp. 840–842]
Do Lottery Payments Induce Savings Behavior? Evidence from the Lab (with Emel Filiz-Ozbay, Jonathan Guryan, Kyle Hyndman, Melissa Kearney) [ Journal of Public Economics, 2015, 126, pp. 1–24]
Multi-Object Auctions with Resale: Theory and Experiment (with Emel Filiz Ozbay and Kristian Lopez-Vargas) [Instructions] [Appendix B] [ Games and Economic Behavior, 2015, 89, pp. 1–26]
Intrinsic and Instrumental Reciprocity: An Experimental Study (with Luis M. B. Cabral and Andrew Schotter) [ Games and Economic Behavior, 2014, 87, pp. 100–121]
Effect of an Audience in Public Goods Provision (with Emel Filiz Ozbay) [ Experimental Economics, 2014, 17(2), pp. 200–214]
Common-Value Auctions with Liquidity Needs: An Experimental Test of a Troubled Assets Reverse Auctions (with Lawrence M. Ausubel, Peter Cramton, Emel Filiz Ozbay, Nathaniel Higgins, and Andrew Stocking) [ The Handbook of Market Design, Oxford University Press, 2013, pp. 489–554]
Dictating Risk – Experimental Evidence on Giving in Risky Environments (with J. Michelle Brock and Andreas Lange) [ American Economic Review, 2013, 103(1), pp. 415–437]
Revealed Attention (with Yusufcan Masatlioglu and Daisuke Nakajima) [ American Economic Review, 2012, 102(5), pp. 2183–2205]
Convergence: An Experimental Study of Teaching and Learning in Repeated Games (with Kyle Hyndman, Andrew Schotter, and Wolf Z. Ehrblatt) [ Journal of the European Economic Association, 2012, 10(3), pp. 573–604]
Rent Seeking with Regretful Agents: Theory and Experiment (with Kyle Hyndman and Pacharasut Sujarittanonta) [ Journal of Economic Behavior and Organization, 2012, 84, pp. 866–878]
Fear of Losing in a Clock Auction (with Peter Cramton, Emel Filiz Ozbay, and Pacharasut Sujarittanonta) [ Review of Economic Design, 2012, 16(2), pp. 119–134]
Discrete Clock Auctions: An Experimental Study (with Peter Cramton, Emel Filiz Ozbay, and Pacharasut Sujarittanonta) [ Experimental Economics, 2012, 15(2), pp. 309–322]
Belief Formation: An Experiment with Outside Observers (with Kyle Hyndman, Andrew Schotter, and Wolf Z. Ehrblatt) [ Experimental Economics, 2012, 15(1), pp. 176–203]
Anticipated Loser Regret in Third Price Auctions (with Emel Filiz Ozbay) [ Economics Letters, 2010, 107(2), pp. 217–219]
Understanding Overbidding: Using the Neural Circuitry of Reward to Design Economic Auctions (with Mauricio R. Delgado, Andrew Schotter, and Elizabeth A. Phelps) [ Science, 2008, 321, pp. 1849–1852]
Unawareness and Strategic Announcements in Games with Uncertainty [ Theoretical Aspects of Rationality and Knowledge, 2007, pp. 231–238]
Auctions with Anticipated Regret: Theory and Experiment (with Emel Filiz Ozbay) [ American Economic Review, 2007, 97(4), pp. 1407–1418]
A Representation for Intransitive Indifference Relations (with Emel Filiz) [ Mathematical Social Sciences, 2005, 50(2), pp. 202–214]

Working Papers

The Impact of LLM-Based Recommendations on Decisions Under Uncertainty (with Marty Haoyuan Chen and Emel Filiz Ozbay)
Stochastic Choices in Giving: Theories and Experiments (with Emel Filiz-Ozbay and Tri Phu Vu)
Consistency and Heterogeneity in Consideration and Choice (with Keaton Ellis and Emel Filiz-Ozbay)
Economic Incentives and Organ Procurement: Evidence from a U.S. Reform (with Ariel Rava, Sergio Urzua, and Emanuel Zur)
Lost in Transplantation: Cost Shifting in Publicly Subsidized Programs (with Ariel Rava and Emanuel Zur)
Scaling Up: Individual-Level Transfer Performance of Models (with Keaton Ellis and Shachar Kariv)
Predicting and Understanding Individual-Level Choice under Uncertainty (with Keaton Ellis and Shachar Kariv)
Predicting and Understanding Individual-Level Choice under Risk (with Keaton Ellis and Shachar Kariv)
Behavioral Changes of MTurkers During the COVID-19 Pandemic (with Billur Aksoy, Ian Chadd, and Elif B. Osun)
Reciprocity under Risk (with Ian Chadd)
Effect of Feedback on Beliefs About Self-Ability (with Ian Chadd and Elif B. Osun)
Local Variation in Onsite Work during the Pandemic and its Aftermath (with Katharine G. Abraham, Mohammad Ashoori, Aref Darzi, Nathalie Gonzalez-Prieto, John C. Haltiwanger, and Aliakbar Kabiri)