Assistant Professor of Economics

(on leave at Yale University 2025-2026)

Contact

Mailing Address

30 Hillhouse Avenue
Department of Economics
Yale University
New Haven, CT 06520-8281

Office Phone

+1-203-432-6688

Email

pnatenzon@wustl.edu

Research Interests:

Economic Theory
Decision Theory
Behavioral Economics

Research

Learning, Choice Frequency and Confidence, with Christopher Chambers, Yusufcan Masatlioglu and Collin Raymond.
In progress.

Incomparable!, with Carlos Alós-Ferrer.
Working Paper, December 2025.

Random Choice and Differentiation, with Junnan He.
Working Paper, updated April 2025.

The Thrill of Gradual Learning, with Faruk Gul, Erkut Ozbay and Wolfgang Pesendorfer.
Journal of Political Economy: Microeconomics, Vol. 3, No. 3 (August 2025).

Weighted Linear Discrete Choice, with Christopher Chambers, Yusufcan Masatlioglu and Collin Raymond.
American Economic Review, Vol. 115, No. 4 (April 2025), 1226-1257.

Moderate Utility, with Junnan He.
Presented in Highlights Beyond EC at the ACM Economics and Computation 2025.
American Economic Review: Insights, Vol. 6, No. 2 (June 2024), 176-195.

Random Evolving Lotteries and Intrinsic Preference for Information, with Faruk Gul and Wolfgang Pesendorfer.
Econometrica, Vol. 89, No. 5 (September, 2021), 2225–2259.

Random Choice and Learning.
Journal of Political Economy, Vol. 127, No. 1, (February, 2019), 419–457.

Subjective Ambiguity and Preference for Flexibility, with Leandro Gorno.
Journal of Economic Behavior & Organization, Vol. 154, (October, 2018), 24–32.

Preference Reversal or Limited Sampling? Maybe Túngara Frogs are Rational After All.
Working Paper (October 2016). Subsumed by Random Choice and Learning.
Podcast Interview by Claire Gauen for Hold That Thought.
Non-technical summary (PDF).

Random Choice as Behavioral Optimization, with Faruk Gul and Wolfgang Pesendorfer.
Econometrica, Vol. 82, No. 5 (September, 2014), 1873–1912.

Brazilian Students’ Recent Outcomes: a Revaluation of SAEB Scores, with Reynaldo Fernandes.
Estudos em Avaliação Educacional, No. 28 (December, 2003), 3-22.

Media