Schedule

Monday 25th June

 

13:00-14:30

Registration

14:30-14:45

Auditorium: Welcome Address

14:45-16:15

Auditorium: Plenary 1

  • Ariel Rubinstein - Response Time, Decisions and Games.

16:15-16:45

Coffee

16:45-18:30

Auditorium: Round Table 1

Ambiguity in Dynamic Interactions
  • Ani Guerdjikova - Round Table on Ambiguity in Dynamic Interactions
  • Simon Grant - Testing Dynamic Consistency under Ambiguity
  • Emmanuel Pothos - The Rational(?) status of the conjunction effect
  • Christian P Traeger - Ambiguity and Low Confidence Beliefs and their Application to the Assessment of Climate Change

18:30-20:30

Reception Area: Poster Session and Welcome Reception

Poster Session
  • Elzbieta Babula - Reinvestigating Loss Aversion in the Cumulative Prospect Theory:The Effect of Probability Weighting
  • Steven Bosworth - Organizational Ethics, Narratives and Social Dysfunctions
  • Rodrigo Ceni - Tax Audits as Scarecrows Evidence from a Large-Scale Field Experiment
  • Réka Fazekas - Investigation of borrowers’ cognitive biases through the analysis of a Hungarian legal measure
  • Yoichiro Fujii - The willingness to pay for health improvements under comorbidity ambiguity
  • Aram Ghazaryan - History-Based Choice between Consumption Streams
  • Michal Jakubczyk - A fuzzy approach to time trade-off experiment in EQ-5D-3L valuation
  • Vivek Kaushal - Comparative Study of Risk-Taking and Academic Performance using a Career Choice Simulator
  • Jiangyan Li - Belief polarization: the role of ambiguity attitudes and dynamic consistency
  • Irene Maria Buso - Choice Process under Uncertainty: an eye-tracking analysis
  • Tamara Merkulova - PG experiments in Ukraine: typical pattern and biased behaviour under the influence of conflict
  • Nicky Nicholls - Information and violations of the STP: an experimental consideration of non-vanishing ambiguity
  • Nasir Rajah - The Importance of Risk in Economics From an Evolutionary Perspective
  • Martin Strobel - A simple model to explain S-shaped utility functions
  • Jiankang Zhang - A New Definition of Ambiguity Aversion

Tuesday 26th June

 

09:00-10:45

Auditorium: Round Table 2

Dynamic decisions beyond EU
  • Wlodek Rabinowiz - Between Sophistication and Resolution – Wise Choice
  • Arif Ahmed - Cyclic preference and dynamic inconsistency
  • Peter Hammond - Don’t Dynamic Consistency and Consequentialism Imply the Independence Axiom?
  • Johan Gustafsson - The Dynamic Consistency Argument for the Independence Condition of Expected Utility Theory

10:45-11:15

Coffee

11:15-12:45

Parallel Sessions 1

Room 001: Ambiguity aversion measuring and defining
  • Anne Conte - More money or more certainty? Behaviour under risk and ambiguity in stochastic alternating-offer ex
  • Chen Li - Measuring Ambiguity Attitudes for All (Natural) Events: A Theoretical Foundation
  • Jiankang Zhang - A New Definition of Ambiguity Aversion
  • Lorenz Hartmann - A Definition of Perceived Ambiguity
Room 003: Ambiguity modelling
  • Nobuo Koida - Indecisiveness, preference for flexibility, and a unique subjective state space
  • Andrei Khrennikov - Quantum-like model of subjective expected utility
  • Shuo Li Liu - Recursive Random Utility and Ambiguity Aversion
  • Christopher Kops - Preferences under Ambiguity Without Event-Separability
Room 005: Attention
  • Luis Santos-Pinto - Risk and Rationality: Testing Salience Theory of Choice under Risk
  • Nuttaporn Rochanahastin - Assessing Axioms of Theories of Limited Attention
  • Penghui Yin - The optimal amount of attention to capital income risk
  • Elchin Suleymanov - Stochastic Attention and Search
Room 007: Belief updating and aggregation
  • Alessandra Cillo - The Willingness to Pay for Editing
  • Ana Santos - Updating Variational (Bewley) Preferences
  • Gerelt Tserenjigmid - Ambiguity under Growing Awareness
  • Gail Gilboa Freedman - On the impact of matching outside offers
Room 102: Bounded rationality
  • Noemi Pace - Learning to Avoid Sub-optimality: Experimental Evidence of Intermediate Advice
  • Jacopo Magnani - Why Do People Violate No-Trade Theorems? A Diagnostic Test
  • Kai Steverson - Rational Imprecision: Information-Processing, Neural, and Choice-Rule Perspectives
  • David Kelsey - Tort Liability and Unawareness
Room 104: Communication
  • Philippe Colo - Cheap talk under Ambiguity: The IPCC in Climate-Change Agreements
  • Daniela Di Cagno - Telling the Other what One Knows? Mutual Cheap-Talk in Modified Acquiring-a-Company Experiments
  • Valeria Burdea - Is communication always helpful?
  • Vasco F. Alves - Cutting Queues: Customer and System Behaviour in a Repeated Game
Room 106: Consumption
  • Madalina Radu - Eliciting consumers’ preferences for risk communication strategies: a discrete choice experiment
  • Annie Tubadji - Consumerism, Life-Satisfaction and Capabilities: The ‘Sour Grape’ Effect

12:45-13:45

Lunch

13:45-15:15

Parallel Sessions 2

Room 001: Decisions under risk
  • Oben Bayrak - Decision under risk: dispersion and skewness
  • Sima Ohadi - Decisions when options are risky and skewed: Anticipation vs experience of regret
  • Louis Levy-Garboua - Objection-dependent Expected Utility: A theory of framing and decision under risk or uncertainty.
Room 003: Dynamic consistency 1
  • Graham Loomes - Diagnosing the Causes of Intertemporal Preference Reversals
  • Konrad Grabiszewski - Backward Induction and Empirical Complexity: A Mobile Experiment
  • Kemal Ozbek - Dynamic Choice and Consistent Planning
  • Alice Peng-Ju Su - Dynamic Screening with a Time-(In)consistent Agent
Room 005: Framing
  • Hanjin Li - Can visual nudge influence people’s financial decision making? Evidence from a discrete choice expe
  • Jingyi Meng - Dynamic Reference-Dependence in Students’ Exam Performance and Effort Provision
  • Hauke Jelschen - Re-running the trolley – The role of probabilities and probability framing
  • Seda Erdem - Effect of front of pack labeling nudges on consumers’ food choices and decision-making
Room 007: Dynamics
  • Veronica Cappelli - Multidimensional Attitudes in Intertemporal Choice
  • Horst Zank - Modeling Attitudes Towards Future Risks
  • Elif Incekara Hafalir - Incentive to Persevere
  • Elias Bouacida - Choice Correspondence and the Completeness Axiom: a Methodology and an Experiment
Room 102: Experiments under ambiguity
  • Cedric Gutierrez - Overconfidence: Belief Bias or Ambiguity Attitude?
  • Konstantinos Georgalos - Learning under Ambiguity when Information Acquisition is Costly: an Experiment
  • Evan Calford - Uncertainty Aversion in Game Theory: Experimental Evidence
  • Ilke Aydogan - Three Layers of Uncertainty: An Experiment
Room 104: Finance
  • Daniel Navarro-Martinez - The Endowment Effect in the Future: How Time Shapes Buying and Selling Prices
  • Servaas van Bilsen - How to Invest and Spend Wealth in Retirement? A Utility-Based Analysis
  • Ani Guerdjikova - Heuristic Modes of Decision Making and Survival in Financial Markets
  • Jan S. Krause - An explanation for the equity premium puzzle based on differential discounting for gains and losses
Room 106: Social Preferences 3
  • Kirsten Rohde - Social risk attitudes for health and money
  • Luciano Pomatto - Aggregate Risk and the Pareto Principle
  • John Stovall - Equal sacrifice taxation
  • Yi-Shan Lee - Revealed Privacy Preferences

15:15-15:30

Comfort Break

15:30-17:00

Parallel Sessions 3

Room 001: Dynamic consistency 2
  • Hong Il Yoo - Dynamic Consistency, Sample Selection and Attrition: Panel Experiment on Individual Discount Rates
  • María J. Ruiz-Martos - Dynamic Choice Behaviour and the Common Consequence Effect: Aggregate versus Individual level
  • Anne Balter - Time-consistency of optimal investment under smooth ambiguity
  • Christian Kellner - Robust Bidding and Revenue in Descending Price Auctions
Room 003: Incentives 1
  • Luc Meunier - Does Executive Pay Matter? The Impact of Executives’ Characteristics
  • Noemí Herranz-Zarzoso - Encouraging instructions mimic the impacts of real incentives.
  • Bouke Klein-Teeselink - Economic and Psychological Incentives in Darts
  • Alexandros Karakostas - An experimental investigation of the not so tenuous trade-off between risk and incentives
Room 005: Incomplete and imprecise preferences
  • Graham Loomes - Imprecise preferences and beliefs in simple games
  • Edwin Ip - A Model of Indecision
  • Gavin Kader - Choices with Just-Noticeable Differences or Status Quo – Is there a (noticeable) difference?
  • Yudistira Permana - Why Do People Say They Are Unsure? An Experimental Investigation
Room 007: Loss aversion
  • Eldad Yechiam - Acceptable losses: The debatable origins of loss aversion
  • Dr. G. Charles-Cadogan - Losses Loom Larger Than Gains, Reference Dependent Preferences, and Global Loss Aversion
  • Olivier Haridon - Using Proper Scoring Rules to Measure Loss Aversion
  • Christian Konig-Kersting - Active vs. Passive Risk-Taking
Room 102: Machines
  • Ganna Pogrebna - Behavioural Machine Learning
  • Anton Dek - Traders’ success depends on their smartness, does it?
  • Philip Newall - How does a machine learn to gamble responsibly?
  • Maya Haran Rosen - Do Regulatory Fintech Advancements Alienate Populations
Room 104: Mathematical characterisations
  • Kremena Valkanova - Characterizing all single-peaked random utility models and their relatives
  • Fan Wang - A Generalization of Multiple Prior Models
  • Dino Borie - Subjective State Space under Complete Uncertainty
  • Eric André - Mean-dispersion representation of multiple priors preferences with monotone continuous set of prior
Room 106: Mixed bag
  • Somdeb Lahiri - Impossibility theorems for Menu Dependent Collective Preference Functionals
  • Dennie van Dolder - The Description-Experience Gap in Cooperation
  • Christian Tarsney - Can first-order stochastic dominance constrain risk attitudes?

17:00-17:30

Coffee

17:30-19:15

Auditorium: Plenary 2

  • Ido Erev - Anomalies, forecasts, and decision research during the big data revolution

Wednesday 27th June

 

09:00-10:45

Auditorium: Round Table 3

Attention: Limited?
  • Paulo Natenzon - Endogenous Attention
  • Doron Ravid - Focus, Then Compare
  • Andrew Schotter - Attention in Games
  • Yusufcan Masatlioglu - A Random Attention Model

10:45-11:15

Coffee

11:15-12:45

Parallel Sessions 4

Room 001: New theories 1
  • Christopher Kops - A Theory of Reflective Choice
  • Iain Embrey - States of Nature and States of Mind: A Generalised Theory of Decision-Making, with appl. to HC dev.
  • Hualin Li - Bi-Criterion Preference and Variable Information Structures
Room 003: Incentives 2
  • María J. Ruiz-Martos - Sequential choice and Incentives
  • María J. Ruiz-Martos - Random Lottery Incentive System in Dynamic Choice Experiments
  • Danae Arroyos-Calvera - The Common Ratio Effect with Objects and Money
  • Yan Xu - Top-Flop Betting: An incentive mechanism to elicit unverifiable truths
Room 005: Preferences 2
  • Hendrik Rommeswinkel - Quasi-separable preferences
  • Paul Joseph Feldman - Convex Preferences Over Lotteries
  • Taisuke Imai - Robust Revealed Preference Characterization of Expected Utility
  • Manel Baucells - Probability and Time Trade-off with Resolution Time
Room 007: Public goods
  • Vitalina Zubova - PG experiments in Ukraine: typical pattern and biased behaviour under the influence of conflict
  • Ismael Rodriguez-lara - Identification of Risk vs Ambiguity Aversion in Public Good Provision
  • Daniel John Zizzo - Does exposure to violence affect reciprocity? Experimental evidence from the West Bank
Room 102: Randomisation
  • Songfa Zhong - Putting Preference for Randomization to Work
  • Paul Healy - Probability Matching and Randomization in Lottery Choice and Games
  • Zhihua Li - Common ratio effect, behavioural axioms, and preference for randomization
  • K. Yerfi Fosu - Shooting and Hitting the Bull’s Eye in Risk and Uncertainty Modelling
Room 104: Risk 1
  • Antoine Nebout - French GPs lab-test prescription behaviour and the shape of the utility-function under risk
  • Geoff Trickey - Risk Type Dispositions As An Explanatory Variable In Human Factor Risk
  • Gianluca Fabrizio Delfino - The degree of operating leverage as the reciprocal of the margin of safety: an analysis on op. risk
  • Amílcar Serrão - Rating the Quality of Portuguese Vinho Verde with Machine Learning Methods
Room 106: Markets
  • Enrica Carbone - An Experimental Comparison of Two Market Institutions
  • Anna Blajer-Golebiewska - Investor Behaviour, Stock Prices and Corporate Reputation: an Experimental Approach
  • Jiangyan Li - The use of base rate as a function of base rate uncertainty
  • Spyros Galanis - Information Aggregation in Dynamic Markets Under Ambiguity

12:45-13:45

Lunch

13:45-15:15

Parallel Sessions 5

Room 001: Preferences 1
  • Tigran Melkonyan - Incomplete Preferences and Translation Functions
  • David Butler - Advantageous, but intransitive, preferences
  • Arthur Attema - Measuring multivariate risk preferences in the health domain
  • Serge Mace - Endogenous reference-dependent utility with probability transformation
Room 003: Risky intertemporal choice
  • Manel Baucells - Range and Sign Dependent Utility for Risk and Time I: Model and predictions
  • Chen Sun - Measuring Preferences over Intertemporal Profiles: All-Sooner Effect and Magnitude Effect
  • Xiao Yu - Attitudes towards intertemporal correlation
  • Kirby Nielsen - Testing the Axiomatic Foundations of Risky Intertemporal Choice
Room 005: Social preferences 1
  • Benjamin Tereick - Beyond Majority Voting: Improving the wisdom of crowds
  • Matthew Robson - Giving to Varying Numbers of Others
  • Antoine Nebout - Deciding for others: An experimental investigation of preference for shared destiny
Room 007: Risk 2
  • Hongming Zhao - Temporal Stability of Risk Preferences: MSL Estimation of Cumulative Prospect Theory
  • Sebastian Schneider - Higher-Order Risk – an Application to Savings of the Poor in Bogota
  • Dhriti Goyal - Risk-taking in Roulette Wheel – Exploring the Influence of Gender, Education stream and Co-player
  • Ulrich Schmidt - It´s all about gains: Risk preferences and problem gambling
Room 102: Incentives and elicitation
  • Orestis Kopsacheilis - A Horse Race between Cumulative Prospect Theory’s Elicitation Methods
  • Tong V. Wang - Follow the Money: Bayesian Markets to Extract Crowd Wisdom
  • Victor Gonzalez-Jimenez - Probability Distortions as Incentives.
  • Paola Paiardini - Experimental evidence on the importance of feedback on performance
Room 104: New theories 2
  • Irina Basieva - Bell-type inequalities and the role of signaling in decision making”
  • Ryan Webb - Pairwise Normalization
  • Yosuke Hashidate - Attribute-Based Inferences in Subjective State Spaces
  • Ronald Klingebiel - A Lack of Confidence: Risky Decisions based on Sample Description and Experience
Room 106: Randomisation, overload and overconfidence
  • Mingye Ma - Motivated Overconfidence: Theory and Evidence
  • Vicky Henderson - Cautious Stochastic Choice, Optimal Stopping and Deliberate Randomization
  • Robin Cubitt - Assessing Choice Overload in a Complex Environment
  • Stephen Cheung - True overconfidence, revealed through actions: An experiment

15:15-15:30

Comfort Break

15:30-17:00

Parallel Sessions 6

Room 001: New theories 3
  • Christopher Kops - Choice via Social Influence
  • David Schroder - Decision making under uncertainty: Economic preferences versus psychological personality traits
  • Russell Golman - A Cognitive Model of Strategic Deliberation and Decision Making
  • Johanna Thoma - Instrumental Rationality Without Separability
Room 003: Unusual and important papers
  • Peter Wakker - Savage for Dummies and Experts
  • Nathaniel Wilcox - Sequential Independence in Binary Choice Experiments: A Diagnosis
  • Sophie Van Der Zee - When knowing what’s right does not lead to doing what’s right
  • Awatif Al Habsi - Experimental Approach to Discrimination on the basis of Nationality and Accent
Room 005: Theories and implications
  • Mikhail Freer - Revealed Markov Strategies
  • Jean Baccelli - Act-State Dependence, Moral Hazard, and State-Dependent Utility
  • Miroslav Pistek - Continuous SSB Representation of Preferences
  • Michal Lewandowski - Range and Sign Dependent Utility for Risk and Time II: Axiomatic representation
Room 007: Strategic games 1
  • Ye Jin - Does Level-k Behavior Imply Level-k Thinking?
  • Luca Panaccione - Coordination Tightness and Group Size in Withdrawal Games
  • Atiyeh Yeganloo - A Useful Bias: the Role of Dominated Strategies in Coordination Games
  • Duk Gyoo Kim - Mixing Propensity and Strategic Decision Making
Room 102: Stopping problems
  • Daniel R. Burghart - Marijuana, Opioids, and Rationality
  • Adrien Nguyen-Huu - Stopping behavior of sophisticated and naive agents under probability distortion
  • Quentin Couanau - Optimal Stopping and Real Options under Volatility Ambiguity
  • Sara Le-Roux - Climate Change Catastrophes and Insuring Decisions: A Study in the Presence of Ambiguity
Room 104: Social preferences 2
  • Arthur Dolgopolov - Revealed Social Preferences
  • Jan Heufer - Behind the Veil of Ignorance: Risk Aversion or Inequality Aversion?
  • David Hugh-Jones - Where do fairness preferences come from? Norm transmission in a teen friendship network
Room 106: Risk preferences
  • Paul van Bruggen - Higher order risk preferences for gains and losses
  • Yu Na Lee - Producer Attitudes toward Output Price Risk: Experimental Evidence from the Lab and from the Field
  • Ferdinand Vieider - Shocks and Risk Preferences Revisited: New Evidence from Ethiopian Panel Data
  • Peter G Moffatt - A coefficient of Risk Vulnerability

17:00-17:30

Coffee

17:30-19:00

Auditorium: Rising Star

Bounded Reasoning: Rationality or Ability
  • Terri Kneeland - Bounded Reasoning: Rationality or Ability

19:00

Coaches to National Railway Museum

19:30-22.00

Dinner at National Railway Museum

Thursday 28th June

 

09:00-10:30

Parallel Sessions 7

Room 001: New theories 4
  • John Stovall - Utility Maximization with Sensory Limitations: Theory and Evidence
  • Amnon Schreiber - Instantaneous Decisions
  • Guy Mayraz - Utility and Procedures: what came first?
  • Jack Stecher - Ordinal utility theory is the key to decision making under ambiguity
Room 003: Time discounting 2
  • Yonatan Aumann - On Time Discounting, Impatience and Risk Aversion
  • Sean Hofland - The Impact of Future Uncertainty on Risk Taking and Time Discounting Behavior
  • Craig Webb - A Simple Discounting Model of Decreasing and Increasing Impatience.
Room 005: Testing axioms and theories
  • Jingni Yang - Testing Hurwicz Expected Utility
  • Serge Blondel - Comparing Theories of Choice Under Risk: Where Is The Reference Point?
  • Emmanuel Kemel - Signal perception and belief updating
  • Anna Wielicka-Regulska - Decision making under risk in a foreign language – Replication study and cross-country comparison
Room 007: Strategic games 2
  • David Hugh-Jones - Humans reciprocate intentional harm by discriminating against group peers
  • Briony D. Pulford - Evidence for the Confidence Heuristic in common-interest games with asymmetric information
  • Ciril Bosch Rosa - A diagnosis on the relationship between equilibrium play, stated beliefs, and best responses.
  • Elena Manzoni - Belief-dependent Preferences and Reputation. Experimental Analysis of a Repeated Trust Game
Room 102: Risk attitudes
  • Krzysztof Kontek - The impact of middle outcomes on lottery valuations
  • Aurelien Baillon - Discrete Arrow-Pratt indices for risk and uncertainty: theory and practical implementation
  • Tomasz Kopczewski - Know thyself – Am I a risk-averse person?
  • Giuseppe Attanasi - Firm’s protection against disasters: Are investment and insurance substitutes or complements?
Room 104: Social judgements
  • Roald Ramer - Solomon’s Judgment Revisited
  • David Strohmaier - Deep Cooperation
  • Agnieszka Tymula - Do adolescents’ risk and time preferences change when they are observed by peers?
Room 106: Founding Fathers
  • Stefan Baumgartner - An axiomatic foundation of entropic preferences under Knightian uncertainty
  • Ying He - Revisiting Ellsberg and Machina’s Paradoxes: A Two-Stage Evaluation Model under Ambiguity
  • Bin Miao - Ellsberg meets Keynes at an Urn
  • Sean Horan - Extended Luce Rules

10:30-11:00

Coffee

11:00-12:30

Auditorium: Plenary 3

  • Lara Buchak - Risk, Rationality, and Ethics

12:30-13:30

Lunch