Thurstonian measurement of risk preferences: contemporary economic outlook
The speaker of the seminar Alexis V. Belianin, Senior Research Fellow of International Laboratory for Experimental and Behavioural Economics, HSE
Recent economics literature has seen a revival of interest to psychologically-grounded theories of decision under risk. We review the recent proposals in this direction, compare it to classical estimations based on utility functions, and discuss their appropriateness using some original experimental data.
The seminar link will be available after registration.