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Wed 28 Feb, '24
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CRETA Seminar - Matthew Elliott (Cambridge)
S2.79
Wed 6 Mar, '24
-
CRETA Seminar - Omer Tamuz (Caltech)
S2.79

Title: Decomposable stochastic choice with Fedor Sandomirskiy

Abstract: We investigate inherent stochasticity in individual choice behavior across diverse decisions. Each decision is modeled as a menu of actions with outcomes, and a stochastic choice rule assigns probabilities to actions based on the outcome profile. Outcomes can be monetary values, lotteries, or elements of an abstract outcome space. We characterize decomposable rules: those that predict independent choices across decisions not affecting each other. For monetary outcomes, such rules form the one-parametric family of multinomial logit rules. For general outcomes, there exists a universal utility function on the set of outcomes, such that choice follows multinomial logit with respect to this utility. The conclusions are robust to replacing strict decomposability with an approximate version or allowing minor dependencies on the actions’ labels. Applications include choice over time, under risk, and with ambiguity.

Fri 8 Mar, '24 - Sun 10 Mar, '24
9am - 2pm
CRETA Conference

Runs from Friday, March 08 to Sunday, March 10.

Hosted by Herakles Polemarchakis

Wed 13 Mar, '24
-
CRETA Seminar - Roberto Serrano (Brown)
S2.79

Title: Mediated (Anti)Persuasive Communication

Wed 1 May, '24
-
CRETA Theory Seminar - Yannai Gonczarowski (Harvard)
S2.79

Title to be advised.

Wed 8 May, '24
-
CRETA Seminar - Rahul Deb (Toronto)
S2.79

Title to be advised.

Thu 9 May, '24
-
CRETA Seminar - Joel Watson (UCSD)
S2.79

Title to be advised.

Wed 15 May, '24
-
CRETA Seminar - Miao Miao Dong (Penn State)
S2.79

Title to be advised.

Wed 22 May, '24
-
CRETA Seminar - Ravi Jagadeesan (Stanford)
S2.79

Title to be advised.

Tue 28 May, '24
-
CRETA Seminar - Leeat Yariv (Princeton)
S2.79

Title to be advised.

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