Are Two Bads Better Than One? A Model of Sensory Limitations

We thank Matthew Ross for his excellent research assistance and Gordon Dahl, Jeff Denning, and Erik Snowberg for their valuable feedback on earlier drafts of the paper. We express our appreciation to audience members at Brigham Young University, the Singapore Economic Association Conference, the Institute for Social Research Conference at Jinan University, the University of Nottingham, the 14th Meeting of the Society for Social Choice and Welfare, the 2018 North American Summer Meeting of the Econometric Society, the 2018 Foundations of Utility and Risk Conference, and the 2018 Economic Science Association World Meeting. We thank the Brigham Young University College of Family, Home, and Social Science for generous research support. John Stovall acknowledges the financial support for travel provided by the David M. Kennedy Center for International Studies at Brigham Young University. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.