David Kelsey

I am Professor of Industrial Economics at the University of Nottingham.  My areas of expertise are Uncertainty and Risk, Financial Economics, Economics Analysis of Law, Competition Policy and Behavioural Science .

Research.  My main research interest is on risk and uncertainty. Many current policy issues involve uncertainty. We face disruption from new technology, threats from new diseases, natural catastrophes from earthquakes and Tsunamis  and man-made disasters from climate change and terrorism.

I have been particularly interested in situations where the decision-maker has only limited information about the resolution of uncertainty. Uncertainty is said to be ambiguous if the decision-maker does not know the probability distribution which determines how uncertainty will be resolved. A more fundamental type of uncertainty is unawareness where a decision-maker may be unaware of the consequences of his/her actions. 

Address

    Nottingham University Business School, Jubilee Campus, Wollaton Road, Nottingham, NG8 1BB, ENGLAND.

Telephone

    Tel. 0115-846-7405 (office), e-mail david.kelsey at nottingham.ac.uk   

   University  web page:    https://www.nottingham.ac.uk/business/people/lizdk2.html

Brief  Biography I studied mathematics and economics at Oxford University, after which I took a PhD supervised by A.K. Sen. I have taught at a number of universities including the University of California, Cambridge, University of Iowa and Australian National University. Most recently I was  Professor of Economics at the University of Exeter.

The picture shows the Hurlers stone circle on Bodmin Moor