La science économique au service de la société

(5-7 juin) Conférence RUD 2019 à PSE - Risk, Uncertainty and Decision

This year D-TEA (Decision : Theory, Experiments, Applications) and RUD (Risk, Utility, and Decision) collocate at the Paris School of Economics, over the week of June 3-7, 2019. D-TEA, which has an annual theme, will focus on Ambiguity (aka Knightian Uncertainty), and both conferences will honor David Schmeidler on his 80th birthday.

Partners : ANR (investissement d’avenir), Cergy-Pontoise University, Paris School of Economics


Program

Wednesday, June 5 to Friday, June 7 2019
Paris School of Economics, Amphitheater

Wednesday, June 5
12:30 D-TEA ends

12:30-14:15 Lunch and registration

14:15-14:20 Welcome

14:20-18:10 Afternoon session (chair : Peter Wakker)

  • 14:20-15:00 Pawel Dziewulski, John Quah, Supermodular correspondences and comparison of multi-prior beliefs
  • 15:00-15:40 Madhav Chandrasekher, Source-dependent uncertainty aversion
  • 15:40-16:10 Break
  • 16:10-16:50 Zaier Aouani, Alain Chateauneuf, Caroline Ventura, Ambiguity aversion and anti-comonotonicity
  • 16:50-17:30 Ying He, Revisiting Ellsberg and Machina’s paradoxes : a two-stage evaluation model under ambiguity
  • 17:30-18:10 Jay Lu, Kota Saito, Repeated choice : a theory of stochastic intertemporal choices

Thursday, June 6

9:00-12:50 Morning session (chair : Jürgen Eichberger)

  • 9:00-9:40 Yonatan Aumann, An axiomatic definition of risk aversion with applications
  • 9:40-10:20 Simone Cerreia-Vioglio, Roberto Corrao, Giacomo Lanzani, Robust opinion aggregation and its dynamics
  • 10:20-11:00 Jetlir Duraj, Yi-Hsuan Lin, Identification and welfare analysis in sequential sampling models
  • 11:00-11:30 Break
  • 11:30-12:10 Junnan He, Paulo Natenzon, Moderate expected utility
  • 12:10-12:50 Georgios Gerasimou, Preference intensity representation and revelation
  • 12:50-14:20 Lunch

14:20-18:10 Afternoon session (chair : Michèle Cohen)

  • 14:20-15:00 Youichiro Higashi, Kazuya Hyogo, Norio Takeoka, Information acquisition with subjective waiting costs
  • 15:00-15:40 Efe Ok, Gerelt Tserenjigmid, Deterministic rationality of stochastic choice behavior
  • 15:40-16:10 Break
  • 16:10-16:50 Aurélien Baillon, Han Bleichrodt, Chen Li, Peter Wakker, Belief hedges : applying ambiguity measurements to all events and all ambiguity models
  • 16:50-17:30 Brian Hill, Beyond uncertainty aversion
  • 17:30-18:10 Christopher Chambers, Tugce Cuhadaroglu, Yusufcan Masatlioglu, Behavioral influence

Conference dinner

Friday, June 7

9:00-12:50 Morning session (chair : Chris Shannon)

  • 9:00-9:40 Pawel Dziewulski, Just-noticeable difference as a behavioural foundation of the critical cost-efficiency index
  • 9:40-10:20 Larry Epstein, Yoram Halevy, Hard to interpret signals
  • 10:20-11:00 Patrick Beissner, Qian Lin, Frank Riedel, Dynamically consistent alpha-maxmin expected utility
  • 11:00-11:30 Break
  • 11:30-12:10 Aldo Rustichini, Stochastic choice, time to choose and individual characteristics
  • 12:10-12:50 Henrique de Oliveira, Rohit Lamba, Rationalizing dynamic choices

12:50-14:20 Lunch

14:20-17:30 Afternoon session (chair : Ani Guerdjikova)

  • 14:20-15:00 David Dillenberger, Daniel Gottlieb, Pietro Ortoleva, Stochastic impatience and the separation of time and risk preferences
  • 15:00-15:40 Simon Grant, Ani Guerdjikova, John Quiggin, Ambiguity and awareness : a coherent multiple priors model
  • 15:40-16:10 Break
  • 16:10-16:50 Miklos Pinter, Objective ambiguity
  • 16:50-17:30 Alexander Jakobsen, Coarse bayesianism