Asen Kochov

Associate Professor

Department of Economics, University of Rochester (on sabbatical at Princeton)

Curriculum Vitae (January 2025)

Research Interests: Microeconomic Theory, Decision Theory.

Working Papers

1.  On the Existence of Recursive Utility, updated February 2026, (first version August 2025)

Published Papers

• 1. The Folk Theorem with Endogenous Discounting and Unobservable Mixtures, with Y. Song, Int. Journal of Game Theory, 2025

  2. "Sequential Trading with Coarse Contingencies", with S. Auster and J. Kettering, Journal of Economic Theory 2024 (preprint)

  3. "Intertemporal Hedging and Trade in Repeated Games with Recursive Utility", with Y. Song, Econometrica 2023, (online appendix)

  4. "Consumption Smoothing and Discounting in Infinite-Horizon, Discrete-Choice Problems", with J. Kettering, Mathematics of Operations Research, 2021 (preprint)

  5. "Subjective States without the Completeness Axiom"  Chapter in Mathematical Topics on Representations of Ordered Structures and Utility Theory, Springer 2020 (preprint)

  6. "Ambiguity and Endogenous Discounting", with A. Bommier and Fr. Le Grand, Journal of Mathematical Economics, 2019 (preprint)

  7. "A Behavioral Definition of Unforeseen Contingencies", Journal of Economic Theory 2018 (preprint, online appendix with results on updating, working paper with more results)

  8. "On Monotone Recursive Preferences", with A. Bommier and Fr. Le Grand, Econometrica 2017 (online appendix)

  9. "A Separation Result for Stationary Preferences", Journal of Mathematical Economics 2017 (preprint)

  10. "Time and No Lotteries: An Axiomatization of Maxmin Expected Utility", Econometrica 2015

Older Working Papers

• • "The Epistemic Value of the Menu and Subjective States", 2010