Programme

RUD 2025 Programme

NOTE: All talks will be held in the Grand Hall of The Whitworth Art Gallery. ("The Whitworth" is No. 84 on the Campus Map  NOT Whithworth Hall)

Tuesday, 17 June 2025

08:15 - 8:50 am: Welcome/Registration and Morning Coffee

08:55 - 10:50 am: Early Morning Session (Chairman Craig Webb, University of Manchester)

08:55-09:00 am: Welcome and Opening (Horst Zank)

09:00-09:40 am: Sarat Chandra Akella (HEC Paris) “Ignorance is Bliss? Domain Dependence of Preferences for the Timing of Information”

09:40-10:20 am: Tai-Wei Hu (University of Bristol) and Andriy Zapechelnyuk (University of Edinburgh) “Optimal Inquiry”

10:20-10:50 am: Coffee Break

10:50 am- 12:50 pm: Late Morning Session (Chairman Rui Tang, Hong Kong UST)

10:50 am - 11:30 am: Kensei Nakamura (Hitotsubashi University) and Shohei Yanagita (Hitotsubashi University) “Cautious Dual-Self Expected Utility and Weak Uncertainty Aversion”

11:30 am - 12:10 pm: Igor Kopylov (University of California, Irvine) “Polarized Subjective States and Partitional Learning”

12:10 am - 12:50 pm: Pierre Bardier (Paris School of Economics), Bach Dong-Xuan (Bielefeld University) and Van-Quy Nguyen (National Economics University) “Hoping for the Best while Preparing for the Worst in the Face of Uncertainty: A New Type of Incomplete Preferences”

12:50-02:30 pm: Lunch Break

02:30-03:50 pm: Early Afternoon Session (Chairman Stefania Minardi, HEC Paris)

02:30-03:10 pm: Mayumi Horie (Hiroshima University of Economics) “Forward and Reverse Bayesianism under Ambiguity”

03:10-03:50 pm: Hao Bai (University of Manchester) “A Simple Model to Update Choquet Beliefs”

03:50-04:20 pm: Coffee Break 

04:20-05:40 pm: Late Afternoon Session (Chairman Christian Kellner, University of Southampton)

04:20-05:00 pm: Shaowei Ke (China Europe International Business School) and Mu Zhang (University of Michigan) “Disentangling Preferences for Risk, Intertemporal Substitution, and Temporal Resolution of Risk”

05:00-05:40 pm: Lorenzo Bastianello (Università Ca’ Foscari Venezia) and Vassili Vergopoulos (Université Paris-Panthéon-Assas) “Discounted Subjective Expected Utility in Continuous Time”

Wednesday, 18 June 2025

08:30 am - 09:00 am: Morning Coffee 

09:00 am - 10:20 am: Early Morning Session (Chairman Ruhi Sonal, IIIT Delhi)

09:00 am - 09:40 am: Raphaël Giraud (University of Paris 8) “Imprecise Utility and Framing Effects: A Formal Approach”

09:40 am - 10:20 am: Xi Zhi Lim (Shanghai Jiao Tong University) “Ordered Reference Dependent Choice”

10:20 am - 10:50 am: Coffee Break

10:50 am- 12:50 pm: Late Morning Session (Chairman Hendrik Rommeswinkel, Hitotsubashi University)

10:50 am - 11:30 am: En Hua Hu (University of Oxford) “Procedural Choice under Risk”

11:30 am - 12:10 pm: Gabrielle Gayer (Bar-Ilan University), Stefania Minardi (HEC Paris), Fan Wang (HEC Paris), and Itzhak Gilboa (HEC Paris and Reichman University) “Association Rules: An Axiomatic Approach”

12:10 am - 12:50 pm: Yuzhao Yang (Boston University) “An Axiomatic Model of Cognitive Dissonance”

12:50 pm - 02:30 pm: Lunch Break

02:30 pm - 03:50 pm: Early Afternoon Session (Chairman Matthew Kovach, Purdue University)

02:30 pm - 03:10 pm: Yiran Wang (Southwestern University of Finance and Economics) “Knightian Rational Inattention”

03:10 pm - 03:50 pm: Mira Frick (Princeton University), Ryota Iijima (Princeton University), and Daisuke Oyama (University of Tokyo) “Contagious Ambiguity”

03:50-04:20 pm: Coffee Break 

04:20-05:40 pm: Late Afternoon Session (Chairman Norio Takeoka, Hitotsubashi University)

04:20 pm - 05:00 pm: Kei Kawakami (Aoyama Gakuin University) “Generalized Means and Sums: Applications to Comparative Risk and Risk Aversion”

05:00 pm - 05:40 pm: Peter P. Caradonna (Caltech) and Christopher Turansick (Bocconi University) “Identifying Restrictions on the Random Utility Model”

06:00 pm -08:30 pm: Reception (South Gallery, Whitworth Art Galleries)

Thursday, 19 June 2025

08:30 am - 09:00 am: Morning Coffee 

09:00 am - 10:20 am: Early Morning Session (Chairman Craig Webb, University of Manchester)

09:00 am - 09:40 am: Antony Millner (University of California, Santa Barbara & NBER) “Ambiguity and the Language of Long Run Risk”

09:40 am - 10:20 am: Ziv Hellman (Bar-Ilan University) and Miklós Pintér (Corvinus University of Budapest) “Consistencies of Beliefs”

10:20 am - 10:50 am: Coffee Break

10:50 am- 12:50 pm: Late Morning Session (Chairman Horst Zank, University of Manchester)

10:50 am - 11:30 am: Lars Peter Hansen (University of Chicago), Fabio Maccheroni (Bocconi University), Massimo Marinacci (Bocconi University) and Tom Sargent (New York University) “Distributional Ambiguity and Misspecification”

11:30 am - 12:10 pm: Alfonso Maselli (University of Pennsylvania) “Misspecification Averse Preferences”

12:10 pm - 12:50 pm: Edoardo Bonaglia (New York University) and Pietro Dedola (Princeton University) “Foundations of Misspecification Aversion”

12:50 pm - 02:30 pm: Lunch Break

02:30 pm - 03:50 pm: Early Afternoon Session (Chairman Kemal Ozbek, University of Southampton)

02:30 pm - 03:10 pm: Davide Bordoli (Yale University) and Ryota Iijima (Princeton University) “Convex Cost of Information via Statistical Divergence”

03:10 pm - 03:50 pm: Tomohito Aoyama (Hitotsubashi University) and Norio Takeoka (Hitotsubashi University) “A Dynamic Theory of Preference for Flexibility”

03:50 pm - 04:20 pm: Coffee Break 

04:20 pm - 05:40 pm: Late Afternoon Session (Chairman Horst Zank, University of Manchester)

04:20 pm -05:00 pm: Lorenz Hartmann (University of Basel) and David Kelsey (Nottingham University Business School) “Location Invariance and Games with Ambiguity”

05:00 pm -05:40 pm: Peter J. Hammond (University of Warwick) “Bounded Rationality with Subjective Evaluations in Enlivened but Truncated Decision Trees”

05:40 pm: RUD Conference closes and MET-workshop continues on Friday 20 June 2025

Friday, 20 June 2025: Manchester Economic Theory Workshop

NOTE: All talks will be held in G107 of the Alan Turing Building. (No. 46 on the Campus Map)

08:30 am - 09:00 am: Morning Coffee 

09:00 am - 10:30 am: Early Morning Session (Chairman Horst Zank, University of Manchester)

09:00 am -09:30 am: Jan Werner (University of Minnesota) “Ordinal Representations and Properties of Recursive Utilities”

09:30 am -10:00 am: Craig S. Webb (University of Manchester) “Separating Discounting and Changing Utility”

10:00 am -10:30 am: Daniele Pennesi (University of Torino) “Rational Inattention with Constraints”

10:30 am -11:00 am: Coffee Break

11:00 am- 12:30 pm: Late Morning Session (Chairman Peter Klibanoff, Northwestern)

11:00 am - 11:30 am: John K.-H. Quah (National University of Singapore) and Gerelt Tserenjigmid (University of California, Santa Cruz) “Price Heterogeneity as a Source of Heterogenous Demand”

11:30 am - 12:00 pm: Ting Pei (Huazhong University of Science and Technology), Rui Tang (Hong Kong University of Science and Technology), Xiangqian Yang (Hunan University) and Chen Zhao (University of Hong Kong) "Calibrated Menu Effects"

12:00 am - 12:30 pm: Thomas Dohmen (University of Bonn) and Georgios Gerasimou (University of Glasgow) “Learning to Maximize Ordinal and Expected Utility, and the Indifference Hypothesis”

12:30 pm: MET-Workshop closes / Lunch Pack