Paulo Natenzon

Paulo Natenzon

Assistant Professor of Economics
Washington University in St. Louis, Olin Business School
Visiting Assistant Professor, Yale University (2025–2026)
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Address: 30 Hillhouse Avenue, Dept. of Economics, Yale University, New Haven, CT 06520
Research Interests
Economic Theory · Decision Theory · Behavioral Economics
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Research

Measuring Choice Difficulty
with Christopher Chambers, Yusufcan Masatlioglu, and Collin Raymond
Working Paper, April 2026
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
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. 145 (October 2018), 24–32
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

Other

Preference Reversal or Limited Sampling? Maybe Túngara Frogs are Rational After All
Working Paper, November 2016. Subsumed by "Random Choice and Learning."
Podcast interview by Claire Gauen for Hold That Thought:
© 2025 Paulo Natenzon