Экономический лекторий «Векторов»: Behavioral Welfare Analysis

Экономический лекторий «Векторов»: Behavioral Welfare Analysis

В рамках параллельной программы международной конференции молодых ученых «Векторы 2023» руководитель секции по поведенческой экономике и преподаватель Шанинки Михаил Зельдин-Гипсман приглашает на вторую онлайн-встречу экономического лектория. Рабочий язык встречи – английский. 

The fundamental question for economics and adjacent fields is understanding the ranking/preferences decision maker have over potential alternatives. Revealing the preferences in the (neo-)classical models is straightforward. Upon observing choice from the menu researcher knows that chosen alternative is better than any other alternative that is available in the menu. However, the rise of behavioral theories of decision-making complicated the task drastically. In particular, most of the behavioral models assume two-stage structure of the choice. In the first stage the observed menu is modified and transformed in perceived menu. In the second stage, decision maker is choosing from the perceived menu. Thus, now the researcher can only make the claim that chosen alternative is better than every alternative in the perceived menu, while perceived menu is not being observed. We are going to discuss the new theory of welfare analysis that is necessary in order to reveal the preferences behavioral decision makers have.

Plan:
  • Neo-classical model of choice and welfare
  • Behavioral models of choice: select-then-choose or transform-then-choose
  • “Model free” approach to behavioral analysis
  • Welfare analysis under select-then-choose models
  • Welfare analysis under transform-then-choose models


Open Call for Young Scholars and Students

We are issuing a call for submissions from young scholars and students. We invite to present research, works-in-progress or ideas. After each seminar we allocate time for few speakers, providing an avenue for academic discourse, feedback, and potential collaboration. Please send short application: gipsmanm@ariel.ac.il
Mikhail Freer
Mikhail Freer
PhD in Economics, Assistant Professor of University of Essex, specializing in game theory, experimental economics, and revealed preference theory
Mikhail Zeldin
Mikhail Zeldin
PhD student Ariel University (Israel), behavioral economist, visiting lecturer at Shaninka (MSSES)
Nadezhda Shilova
Nadezhda Shilova
PhD in Economics. Academic supervisor of the bachelor program «Philosophy. Politics. Economics» at Shaninka
Дата и время: 2 ноября, 19:00 
Формат: онлайн 

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