Seminar

Past

Semi-Parametric Approach to Behavioral Biases

Avner Seror

  • Date26 September 2023
  • Time 12h00 - 13h00
  • Room Auditorium 3 (Ground floor - TSE Building)

Résumé

This paper shows how to recover behavioral biases from revealed preference rankings implied by choices. The approach is sufficiently flexible to account for many well-documented behavioral biases in the literature. I apply the model to workhorse datasets in the literature on choice under risk and scanner consumer choices. I show that accounting for simple behavioral biases such as inattention and salience thinking suffices to explain most violations of rationality. Finally, I demonstrate that well-known regularities, such as the correlates of risk aversion, might in fact be confounded by simple behavioral biases. Overall, this research delineates a robust method for extracting behavioral biases from choice data, thereby not only enhancing our understanding of consumer decision-making but also offering a fresh lens through which to explore the contours of rationality in human behavior.

Other seminars

To be announced

  • Seminar

  • IAST General Seminar

  • Date 8 December 2026

  • Place Auditorium 4 (First floor- TSE Building)

  • Speaker or organiser Duncan N.E. Stibbard-Hawkes (Durham University)

Détails

The social genome in nonhuman primates

  • Seminar

  • IAST General Seminar

  • Date 1 December 2026

  • Place Auditorium 4 (First floor- TSE Building)

  • Speaker or organiser Jenny Tung (Leipzig University)

Détails

To be announced

  • Seminar

  • IAST General Seminar

  • Date 24 November 2026

  • Place Auditorium 4 (First floor- TSE Building)

  • Speaker or organiser Marina Tulin (University of Amsterdam)

Détails