Dr. Rees-Jones' research is focused on facilitating the use of psychological data and psychological models in economic applications. In one line of research, he studies how models of loss aversion can be used in economic field applications, such as understanding our response to taxation. Another line of research assesses happiness and “subjective well-being” data, with a focus on understanding the strengths and weaknesses of such data for predicting the choices one makes.
Benajmin DJ, Heffetz O, Kimball MS, Rees-Jones A. “What Do You Think Would Make You Happier? What Do You Think You Would Choose?” American Economic Review, 2012, 102(5): 2083-2110.
Benajmin DJ, Heffetz O, Kimball MS, Rees-Jones A. “Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices.” American Economic Review, forthcoming.