The authors thank Linda Babcock, Hal Hershfield, Sam Hirshman, Devin Pope, Dmitry Taubinsky, and Oleg Urminsky as well as seminar participants at Carnegie Mellon University, Johns Hopkins University, Norwegian School of Economics, University of California–Berkeley, University of California–Los Angeles, and University of California–San Diego as well as and audiences at the Society for Judgment and Decision Making conference, the Behavioral Decision Research in Management conference, the Los Angeles Experiments Workshop, and the Stanford Institute for Theoretical Economics Experimental Economics session for helpful comments and suggestions.