William S. Dietrich II Assistant Professor in Behavioral Economics
Social and Decision Sciences
Carnegie Mellon University

CESifo Research Network Affiliate

Research Interests
Behavioral Economics, Judgment and Decision Making

Contact Information



  1. "The Language of Discrimination: Using Experimental versus Observational Data." (with A. Bohren and M. Rosenberg). American Economic Association: Papers & Proceedings, 2018.

  2. "Is Altruism Sensitive to Scope? The Role of Tangibility." (with G. Loewenstein). American Economic Association: Papers & Proceedings, 2018.

  3. "The Realization Effect: Risk-Taking after Realized versus Paper Losses." American Economic Review2016. Online Appendix, Metadata

  4. "Do People Anticipate Loss Aversion?" (with S. Sadoff and A. Samek). Management Science2016.

  5. "Conscience Accounting: Emotion Dynamics in Social Behavior." (with U. Gneezy and K. Madarasz). Management Science2014.

  6. "The Materazzi Effect and the Strategic Use of Anger." (with U. Gneezy). Proceedings of the National Academy of Sciences, 2014.

  7. "Working for the `Warm Glow': On the Benefits and Limits of Prosocial Incentives.Journal of Public Economics, 2013.

  8. "Experimental Methods: Eliciting Risk Preferences." (with G. Charness and U. Gneezy). Journal of Economic Behavior and Organizations, 2013.

  9. "Paying to be Nice: Costly Prosocial Behavior and Consistency." (with A. Gneezy, L.D. Nelson, M.I. Norton and A. Brown). Management Science, 2012.

Data, experimental instructions and supplementary materials for all published papers can be accessed on my Open Science Framework profile.

Book Chapters

  1. "Lab in the Field: Measuring Preferences in the Wild." (with U. Gneezy). in Handbook of Field Experiments, Abhijit Banerjee and Esther Duflo, editors. Elsevier, 2017.

Working Papers

  1. "The Dynamics of Discrimination: Theory and Evidence." (with J. A. Bohren and M. Rosenberg). revised and resubmitted, American Economic Review. (New Version!)

  2. "Mental Money Laundering." (with C. Morewedge and G. Loewenstein). revision requested, Journal of the European Economic Association.

  3. "Preference Reversals Between One-Shot and Repeated Decisions: The Case of Regret." (with D. Lame and A. Wilson). revision requested, Economic Journal.

  4. "Waiting to Choose." (with M.A. Kuhn and V. Mironova). 

  5. "Opting In to Prosocial Incentives." (with D. Schwartz, E. A. Keenan and A. Gneezy). Online Appendix. (New Version!)

Selected Work in Progress

  1. "Less is More: Access to Leverage Can Hurt Trading Performance." (with R. Heimer)

  2. "Selling Fast and Buying Slow: Heuristics and Institutional Investors." (with K. Aepanidtaworn, R. Di Mascio and L. Schmidt)

  3. "Incorrect Statistical Discrimination." (with J. A. Bohren, K. Haggag and D. Pope).

  4. "Mental Accounting and Preferences over the Timing of Outcomes." (with E. Evers and G. Loewenstein).

Other Research

  1. Plasminogen Activator Inhibitor-1 Regulates Integrin αvβ3 Expression and Autocrine TGFβ Signaling." (with B. S. Pedjora, L. E. Kang, P. Carmeliet and A. M. Bernstein). Journal of Biological Chemistry, 2009.

  2. "EEG-based Method for Biometric Identity Confirmation." (with M. Milgramm). U.S. Patent No. 7,594,122.

  3. "EEG-based Method for Real Time Attitude Assessment." (with M. Milgramm). U.S. Patent No. 7,570,991.

  4. "EEG-based Method for Attention and Productivity Monitoring." (with M. Milgramm). U.S. Patent No. 7,574,254.