Daniel J. Benjamin

Anderson School of Management

110 Westwood Plaza

Los Angeles, CA 90095-1481

United States

Human Genetics Department, David Geffen School of Medicine

695 Charles E. Young Drive South

Los Angeles, CA 90095-7088

United States

National Bureau of Economic Research (NBER)

Research Associate

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

31

DOWNLOADS
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Top 9,247

in Total Papers Downloads

9,963

TOTAL CITATIONS
Rank 1,309

SSRN RANKINGS

Top 1,309

in Total Papers Citations

638

Scholarly Papers (31)

1.

What Do You Think Would Make You Happier? What Do You Think You Would Choose?

American Economic Review, 102(5): 2083–2110, Johnson School Research Paper Series No. 32-2011
Number of pages: 42 Posted: 28 Jul 2011 Last Revised: 22 Sep 2013
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Alex Rees-Jones
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Cornell University - Department of Economics
Downloads 2,033 (15,923)
Citation 14

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happiness, life satisfaction, subjective well-being, hypothetical choice, utility

2.

Who is 'Behavioral'? Cognitive Ability and Anomalous Preferences

Number of pages: 49 Posted: 01 Mar 2005
Daniel J. Benjamin, Daniel J. Benjamin, Sebastian A. Brown and Jesse M. Shapiro
Anderson School of Management, Harvard University and Harvard University - Department of Economics
Downloads 1,597 (23,272)
Citation 325

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cognitive ability, risk aversion, time preference, bounded rationality

Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference

American Economic Review, Forthcoming
Number of pages: 49 Posted: 31 Jul 2012 Last Revised: 20 Dec 2013
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Nichole Szembrot
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Trinity College
Downloads 1,239 (33,327)
Citation 2

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happiness, life satisfaction, subjective well-being, stated preference, well-being index

Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference

NBER Working Paper No. w18374
Number of pages: 49 Posted: 15 Sep 2012 Last Revised: 17 Mar 2023
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Nichole Szembrot
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Trinity College
Downloads 58 (726,621)
Citation 2

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Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices

American Economic Review, Forthcoming, Johnson School Research Paper Series No. 8-2013
Number of pages: 43 Posted: 21 Feb 2013 Last Revised: 27 Feb 2014
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Alex Rees-Jones
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Cornell University - Department of Economics
Downloads 748 (67,326)
Citation 1

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happiness, life satisfaction, subjective well-being, preference, utility, revealed preference, marginal rate of substitution

Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices

NBER Working Paper No. w18927
Number of pages: 44 Posted: 30 Mar 2013 Last Revised: 20 Mar 2023
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Alex Rees-Jones
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Cornell University - Department of Economics
Downloads 43 (829,131)
Citation 23

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5.
Downloads 541 (103,237)
Citation 76

Errors in Probabilistic Reasoning and Judgment Biases

USC-INET Research Paper No. 18-21
Number of pages: 199 Posted: 04 Dec 2018 Last Revised: 05 Dec 2018
Daniel J. Benjamin and Daniel J. Benjamin
Anderson School of Management
Downloads 362 (163,826)
Citation 70

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Gambler’s Fallacy, Law of Small Numbers, Hot Hand, Partition Dependence, Sample-Size Neglect, Non-Belief in the Law of Large Numbers, Conservatism Bias, Base-Rate Neglect, Representativeness Heuristic, Confirmation Bias

Errors in Probabilistic Reasoning and Judgment Biases

Handbook of Behavioral Economics, Volume 2 (eds. Doug Bernheim, Stefano DellaVigna, and David Laibson), 2018, Elsevier.
Number of pages: 202 Posted: 03 Dec 2018
Daniel J. Benjamin and Daniel J. Benjamin
Anderson School of Management
Downloads 131 (431,946)
Citation 5

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gambler’s fallacy, Law of Small Numbers, hot hand, partition dependence, sample-size neglect, non-belief in the Law of Large Numbers, conservatism bias, base-rate neglect, representativeness heuristic, confirmation bias

Errors in Probabilistic Reasoning and Judgment Biases

NBER Working Paper No. w25200
Number of pages: 203 Posted: 29 Oct 2018 Last Revised: 11 May 2023
Daniel J. Benjamin and Daniel J. Benjamin
Anderson School of Management
Downloads 48 (791,878)
Citation 1

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Biased Beliefs about Random Samples: Evidence from Two Integrated Experiments

CESR-Schaeffer Working Paper No. 2017-008
Number of pages: 65 Posted: 05 Oct 2017 Last Revised: 12 Oct 2017
Daniel J. Benjamin, Daniel J. Benjamin, Don A. Moore and Matthew Rabin
Anderson School of Management, University of California, Berkeley - Haas School of Business and Harvard University - Department of Economics
Downloads 266 (227,346)

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Law of Small Numbers, Gambler’s Fallacy, Non-Belief in the Law of Large Numbers, Big Data, Support Theory

Biased Beliefs About Random Samples: Evidence from Two Integrated Experiments

USC-INET Research Paper No. 17-32
Number of pages: 66 Posted: 18 Oct 2017
Daniel J. Benjamin, Daniel J. Benjamin, Don A. Moore and Matthew Rabin
Anderson School of Management, University of California, Berkeley - Haas School of Business and Harvard University - Department of Economics
Downloads 89 (573,136)

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Law of Small Numbers, Gambler’s Fallacy, Non-Belief in the Law of Large Numbers, Big Data, Support Theory

Biased Beliefs About Random Samples: Evidence from Two Integrated Experiments

NBER Working Paper No. w23927
Number of pages: 66 Posted: 16 Oct 2017 Last Revised: 19 May 2023
Daniel J. Benjamin, Daniel J. Benjamin, Don Moore and Matthew Rabin
Anderson School of Management, University of California, Berkeley - Haas School of Business and Harvard University - Department of Economics
Downloads 30 (941,829)
Citation 1

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7.
Downloads 338 (178,077)
Citation 89

Social Identity and Preferences

Yale ICF Working Paper No. 08-13
Number of pages: 41 Posted: 25 Apr 2008
Daniel J. Benjamin, Daniel J. Benjamin, James J. Choi and A. Strickland
Anderson School of Management, Yale School of Management and affiliation not provided to SSRN
Downloads 207 (290,338)
Citation 2

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race, ethnicity, gender, identity, norm, stereotype, risk aversion, time preference

Social Identity and Preferences

NBER Working Paper No. w13309
Number of pages: 30 Posted: 10 Aug 2007 Last Revised: 15 May 2022
Daniel J. Benjamin, Daniel J. Benjamin, James J. Choi and A. Strickland
Anderson School of Management, Yale School of Management and affiliation not provided to SSRN
Downloads 131 (431,946)
Citation 87

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8.

From Happiness Data to Economic Conclusions

Forthcoming, Annual Review of Economics. https://doi.org/10.1146/annurev-economics-081623-021136
Number of pages: 54 Posted: 14 Sep 2023
Daniel J. Benjamin, Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz and Miles S. Kimball
Anderson School of Management, Gordon College, Cornell University - S.C. Johnson Graduate School of Management and University of Colorado Boulder
Downloads 291 (208,700)

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happiness, life satisfaction, self-reported well-being, welfare measures, preferences, survey methodology

Challenges in Constructing a Survey-Based Well-Being Index

American Economic Review Papers & Proceedings, Forthcoming, CESR-Schaeffer Working Paper No. 2900774
Number of pages: 8 Posted: 20 Jan 2017
Daniel J. Benjamin, Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz and Miles S. Kimball
Anderson School of Management, Gordon College, Cornell University - S.C. Johnson Graduate School of Management and University of Colorado Boulder
Downloads 147 (393,675)

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Well-Being, Preference, Indicators, Index

Challenges in Constructing a Survey-Based Well-Being Index

NBER Working Paper No. w23111
Number of pages: 10 Posted: 30 Jan 2017 Last Revised: 24 Feb 2023
Daniel J. Benjamin, Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz and Miles S. Kimball
Anderson School of Management, Gordon College, Cornell University - S.C. Johnson Graduate School of Management and University of Colorado Boulder
Downloads 109 (498,096)
Citation 2

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10.

A Model of Non-Belief in the Law of Large Numbers

Number of pages: 106 Posted: 19 Oct 2011 Last Revised: 30 Oct 2012
Daniel J. Benjamin, Daniel J. Benjamin, Matthew Rabin and Collin Raymond
Anderson School of Management, University of California, Berkeley - Department of Economics and University of Michigan at Ann Arbor - Department of Economics
Downloads 253 (240,381)
Citation 25

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under-inference, non-Bayesian updating, conservatism bias, representativeness heuristic

11.

What Do Happiness Data Mean? Theory and Survey Evidence

Journal of the European Economic Association
Number of pages: 62 Posted: 18 Feb 2021 Last Revised: 05 Apr 2023
Daniel J. Benjamin, Daniel J. Benjamin, Jakina Debnam Guzman, Ori Heffetz, Marc Fleurbaey and Miles S. Kimball
Anderson School of Management, Amherst College, Cornell University - S.C. Johnson Graduate School of Management, Paris School of Economics and University of Colorado Boulder
Downloads 251 (242,355)

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happiness, life satisfaction, subjective well-being, survey questions

Aggregating Local Preferences to Guide Marginal Policy Adjustments

American Economic Review Papers and Proceedings, 103(3): 605-610, Johnson School Research Paper Series No. 1-2013
Number of pages: 11 Posted: 26 Jan 2013 Last Revised: 22 Sep 2013
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Nichole Szembrot
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Trinity College
Downloads 196 (305,606)

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subjective well-being, happiness, life satisfaction, aggregation, policy

Aggregating Local Preferences to Guide Marginal Policy Adjustments

NBER Working Paper No. w18787
Number of pages: 12 Posted: 11 Feb 2013 Last Revised: 03 May 2023
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Nichole Szembrot
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Trinity College
Downloads 36 (886,254)
Citation 1

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13.

Self-Reported Wellbeing Indicators Are a Valuable Complement to Traditional Economic Indicators but Aren’t Yet Ready to Compete With Them

Behavioural Public Policy, Forthcoming
Number of pages: 11 Posted: 06 Oct 2019
Daniel J. Benjamin, Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz and Miles S. Kimball
Anderson School of Management, Gordon College, Cornell University - S.C. Johnson Graduate School of Management and University of Colorado Boulder
Downloads 213 (285,119)

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Self-Reported Well-Being, Preference, Indicators, Index, Policy

Controlling for the Compromise Effect Debiases Estimates of Risk Preference Parameters

Number of pages: 121 Posted: 05 Dec 2015 Last Revised: 20 Oct 2020
Jonathan Beauchamp, Daniel J. Benjamin, Daniel J. Benjamin, David Laibson and Christopher F. Chabris
Interdisciplinary Center for Economic Science and Department of Economics, George Mason University., Anderson School of Management, Harvard University - Department of Economics and Harvard University - Department of Psychology
Downloads 149 (389,357)
Citation 1

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compromise effect, cumulative prospect theory, loss aversion, risk preferences

Controlling for the Compromise Effect Debiases Estimates of Risk Preference Parameters

NBER Working Paper No. w21792
Number of pages: 121 Posted: 14 Dec 2015 Last Revised: 19 Jul 2023
Jonathan Beauchamp, Daniel J. Benjamin, Daniel J. Benjamin, Christopher F. Chabris and David Laibson
Interdisciplinary Center for Economic Science and Department of Economics, George Mason University., Anderson School of Management, Harvard University - Department of Psychology and Harvard University - Department of Economics
Downloads 34 (904,231)
Citation 15

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15.

Adjusting for Scale-Use Heterogeneity in Self-Reported Well-Being

Number of pages: 59 Posted: 05 Oct 2023 Last Revised: 14 Dec 2023
Daniel J. Benjamin, Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz, Miles S. Kimball and Jiannan Zhou
Anderson School of Management, Gordon College, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Shandong University - School of Economics
Downloads 169 (349,930)

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happiness, life satisfaction, subjective well-being, survey questions, response scale, scale-use adjustment, calibration questions

16.
Downloads 160 (366,634)
Citation 3

Thin-Slice Forecasts of Gubernatorial Elections

Number of pages: 37 Posted: 01 Dec 2006
Daniel J. Benjamin, Daniel J. Benjamin and Jesse M. Shapiro
Anderson School of Management and Harvard University - Department of Economics
Downloads 108 (501,518)

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thin slices, charisma, elections

Thin-Slice Forecasts of Gubernatorial Elections

NBER Working Paper No. w12660
Number of pages: 38 Posted: 06 Apr 2007 Last Revised: 06 Aug 2022
Daniel J. Benjamin, Daniel J. Benjamin and Jesse M. Shapiro
Anderson School of Management and Harvard University - Department of Economics
Downloads 52 (764,656)
Citation 3

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17.

Predicting Mid-Life Capital Formation with Pre-School Delay of Gratification and Life-Course Measures of Self-Regulation

Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 14 Posted: 08 Dec 2019
Anderson School of Management, Harvard University - Department of Economics, Columbia University, Smith College, University of Washington, University of California, San Diego (UCSD) - Rady School of Management and University of Oregon
Downloads 130 (433,198)
Citation 29

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self-regulation, delay of gratification, mid-life capital formation

18.

Do People Seek to Maximize Happiness? Evidence from New Surveys

NBER Working Paper No. w16489
Number of pages: 48 Posted: 25 Oct 2010 Last Revised: 23 Jul 2023
Daniel J. Benjamin, Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball and Alex Rees-Jones
Anderson School of Management, Cornell University - S.C. Johnson Graduate School of Management, University of Colorado Boulder and Cornell University - Department of Economics
Downloads 126 (443,698)

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19.

Religious Identity and Economic Behavior

NBER Working Paper No. w15925
Number of pages: 33 Posted: 26 Apr 2010 Last Revised: 08 Jul 2023
Daniel J. Benjamin, Daniel J. Benjamin, James J. Choi and Geoffrey Fisher
Anderson School of Management, Yale School of Management and Cornell University
Downloads 114 (478,736)
Citation 18

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20.

Self-Reported Wellbeing Indicators Are a Valuable Complement to Traditional Economic Indicators but Aren’t Yet Ready to Compete with Them. A Comment on a Happy Choice: Wellbeing As the Goal of Government by Paul Frijters, Andrew E. Clark, Christian Krekel and Richard Layard

CESR-Schaeffer Working Paper No. 2019-002
Number of pages: 12 Posted: 04 Oct 2019
Daniel J. Benjamin, Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz and Miles S. Kimball
Anderson School of Management, Gordon College, Cornell University - S.C. Johnson Graduate School of Management and University of Colorado Boulder
Downloads 105 (508,385)

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21.

Rejection Odds and Rejection Ratios: A Proposal for Statistical Practice in Testing Hypotheses

CESR-Schaeffer Working Paper No. 2016-002
Number of pages: 37 Posted: 13 Jan 2016
Maestro Bayarri Jorge, Daniel J. Benjamin, Daniel J. Benjamin, James Berger and Thomas Sellke
University of Valencia, Anderson School of Management, Duke University and Purdue University
Downloads 87 (574,755)
Citation 7

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hypothesis testing, p-value, power, Bayes factor

22.

Reconsidering Risk Aversion

CESR-Schaeffer Working Paper No. 006
Number of pages: 60 Posted: 22 Oct 2020 Last Revised: 27 Sep 2021
Daniel J. Benjamin, Daniel J. Benjamin, Mark Alan Fontana and Miles S. Kimball
Anderson School of Management, Center for the Advancement of Value in Musculoskeletal Care, Hospital for Special Surgery and University of Colorado Boulder
Downloads 86 (578,773)
Citation 1

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23.

Social Preferences and the Efficiency of Bilateral Exchange

Number of pages: 53 Posted: 06 Mar 2009 Last Revised: 27 Jun 2010
Daniel J. Benjamin and Daniel J. Benjamin
Anderson School of Management
Downloads 86 (578,773)

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social preferences, fairness, altruism, gift exchange, rotten kid theorem

24.

Reconsidering Risk Aversion

Number of pages: 60 Posted: 03 Dec 2020 Last Revised: 27 Sep 2021
Daniel J. Benjamin, Daniel J. Benjamin, Mark Alan Fontana and Miles S. Kimball
Anderson School of Management, Center for the Advancement of Value in Musculoskeletal Care, Hospital for Special Surgery and University of Colorado Boulder
Downloads 75 (626,156)

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risk aversion, mistakes, retirement investing, framing effects, expected utility

25.

Controlling for Compromise Effects Debiases Estimates of Preference Parameters

CESR-Schaeffer Working Paper No. 2016-001
Number of pages: 79 Posted: 13 Jan 2016
Jonathan Beauchamp, Daniel J. Benjamin, Daniel J. Benjamin, Christopher F. Chabris and David Laibson
McKinsey Consulting Group, Anderson School of Management, Harvard University - Department of Psychology and Harvard University - Department of Economics
Downloads 49 (766,898)
Citation 1

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compromise effect, cumulative prospect theory, loss aversion, risk preferences

26.

Controlling for the Compromise Effect Debiases Estimates of Risk Preference Parameters

CESR-Schaeffer Working Paper No. 2016-017
Number of pages: 41 Posted: 06 Nov 2016
Jonathan Beauchamp, Daniel J. Benjamin, Daniel J. Benjamin, Christopher F. Chabris and David Laibson
McKinsey Consulting Group, Anderson School of Management, Harvard University - Department of Psychology and Harvard University - Department of Economics
Downloads 48 (773,377)

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compromise effect, cumulative prospect theory, loss aversion, risk preferences

27.

Social-Science Genomics: Progress, Challenges, and Future Directions

NBER Working Paper No. 32404
Number of pages: 102 Posted: 06 Jun 2024
Daniel J. Benjamin, Daniel J. Benjamin, David Cesarini, Patrick Turley and Alexander Young
Anderson School of Management, New York University (NYU), University of Southern California - Center for Economic and Social Research (CESR) and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 34 (879,272)

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social-science genomics, genoeconomics, genetics, biosocial science

28.

Predicting Mid-Life Capital Formation with Pre-School Delay of Gratification and Life-Course Measures of Self-Regulation

CESR-Schaeffer Working Paper No. 006 (2019), Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 14 Posted: 12 Dec 2019 Last Revised: 20 Oct 2020
Anderson School of Management, Harvard University - Department of Economics, Columbia University, Smith College, University of Washington, University of California, San Diego (UCSD) - Rady School of Management and University of Oregon
Downloads 33 (888,019)
Citation 2

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29.

The Promises and Pitfalls of Genoeconomics

Annual Review of Economics, Vol. 4, pp. 627-662, 2012
Posted: 31 Mar 2013
Anderson School of Management, New York University (NYU), Harvard University - Department of Psychology, Harvard University - Department of Economics, Harvard University - Department of Economics, Icelandic Heart Association, Government of the United States of America - Laboratory of Epidemiology, Demography, and Biometry, Government of the United States of America - Laboratory of Epidemiology, Demography, and Biometry, Massachusetts General Hospital - Center for Human Genetics Research, Icelandic Heart Association, Stockholm School of Economics - Department of Economics, Karolinska Institutet - Department of Medical Epidemiology and Biostatistics, McKinsey Consulting Group, Yale University, Law School, University of Wisconsin - Madison - Department of Medicine, Stanford University, Northwestern University, University of Wisconsin - Madison - Department of Sociology, University of Wisconsin - Madison - Department of Sociology, Karolinska Institutet - Department of Medical Epidemiology and Biostatistics, Karolinska Institutet - Department of Medical Epidemiology and Biostatistics and Karolinska Institutet - Department of Medical Epidemiology and Biostatistics

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30.

Good Policies for Bad Governments: Behavioral Political Economy

Posted: 07 Apr 2005
Daniel J. Benjamin, Daniel J. Benjamin and David Laibson
Anderson School of Management and Harvard University - Department of Economics

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31.

Does 401(K) Eligibility Increase Saving? Evidence from Propensity Score Subclassification

Posted: 07 Apr 2005
Daniel J. Benjamin and Daniel J. Benjamin
Anderson School of Management

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Saving, Retirement, Propensity score