The 33rd Advanced School in Economic Theory: Imperfect Cognition and Economic Behaviour

Date: 
Mon, 26/06/2023 to Wed, 05/07/2023
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Application Closed

 

Program

Recordings

Slides

School Photos

 

GENERAL DIRECTOR:

Eric Maskin, Harvard University

 

ORGANIZERS:

Elchanan Ben-Porath, The Hebrew University of Jerusalem
Michael Woodford, Columbia University

 

SPEAKERS:

Robert Aumann, The Hebrew University of Jerusalem
Rava Azeredo da Silveira, ENS Paris & University of Basel
Ido Erev, Technion - Institute of Technology
Itzhak Gilboa, Tel Aviv University & HEC Paris
Tom Griffiths, Princeton University
Eric Maskin, Harvard University
Ariel Rubinstein, Tel Aviv University & New York University
Ran Spiegler, Tel Aviv University & UCL
Jakub Steiner, University of Zurich
Luminita Stevens, University of Maryland
Tomasz Strzalecki, Harvard University
Michael Woodford, Columbia University
Noga Zaslavsky, MIT

 

ABSTRACT

While economic analysis typically assumes that people reliably choose the available action that is best suited to their current circumstances, experimental psychology has instead emphasized the imprecision of both perceptions and recollections of the objective features of one's environment. This summer school explores whether the kind of cognitive imprecision that is well-documented in sensory domains may also limit the accuracy of economic decisions, and help to account for experimentally documented anomalies for normative models of decision making.

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