FES International Research Seminar Series with Assistant Professor Kemal Yildiz, Bilkent University, Turkey

Our first speaker in the FES International Seminar Series this academic year is Kemal Yıldız, who is an Assistant Professor of Economics at Bilkent University in Ankara. His research interests span over several theory fields such as game theory, choice theory, mechanism design, matching theory and bounded rationality. His publications appeared in Journal of Economic Theory, Games and Economic Behavior, Theoretical Economics.

Speaker:   Kemal Yıldız, Bilkent University

Title:   Choice through a unified lens: The prudential model (with Serhat Dogan)

Abstract:  We present a new choice model. An agent is endowed with two sets of preferences: pro-preferences and con-preferences. For each choice set, if an alternative is the top-ranked for a pro-preference (con-preference), then this is a pro (con) for choosing that alternative. The alternative with more pros than cons is chosen from each choice set. Each preference may have a weight reflecting its salience. In this case, the probability that an alternative is chosen equals the difference between the weights of its pros and cons. We show that this model provides a unified lens through which every nuance of the rich human choice behavior can be structurally explained.

Date:  September 16, 2019 (Monday)

Time:  13:40-15:00

Venue:  Pokrovka campus, room T510 (109028, Moscow,  Pokrovsky Boulevard 11)

For external participants:  to order the pass, please contact Disa Malbakhova dmalbakhova@hse.ru