Looking forward to continuing this momentum next year. See you in 2026!
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#WorkshopUA #Macroeconomics #Productivity #ResearchWorkshop #UAlumni #EconomicInsights
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✌️Over the next two days, experts will come together to explore and discuss some of the latest contributions and ongoing research on the intricate channels that connect productivity and the macroeconomy
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👏 Thanks to all speakers for their insightful talks and to everyone who attended the sessions of the Workshop. We hope you felt at home at the @ua.es 🧠📚 We're already looking forward to the 2026 edition!
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #Economics
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Prospect theory explains many puzzles in finance that are incompatible with standard economic theory. This talk gives an overview of the contributions of prospect theory to financial decision making.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop
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Prospect theory has improved decision-making in the health sector. This talk offers an overview of its applications and how it has contributed to the development of better health policies.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop
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Although prospect theory is a theory of decision under uncertainty, its ideas have also been applied to contexts without risk and uncertainty. This talk gives an overview of the main applications and what we have learned from them.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni
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Prospect theory poses significant challenges for econometric data analysis. This session dives into those challenges and explores how they can be addressed to better capture behavioral patterns in empirical research.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni
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Prospect theory explains that people are averse to ambiguity. However, as this talk shows, they are not equally averse to all types of ambiguity — it’s crucial whether uncertainty can or cannot be known.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop
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📸 What a day! We wrap up the first day of the Prospect Theory: State of the Art Workshop with a big thank you to all participants and speakers for their brilliant contributions, insights, and energy. 🙌💬
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop
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🧠⚖️ Prospect theory cannot explain all behavioral patterns. This talk challenges prospect theory by indicating where the theory does not predict well and how it can be improved.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #ScienceMeetsPractice
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🧠⚖️ Prospect theory cannot explain all behavioral patterns. This talk challenges prospect theory by indicating where the theory does not predict well and how it can be improved.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #ScienceMeetsPractice #Economics
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🧠📐Measuring prospect theory is complex, as it involves various behavioral parameters. This talk gives an overview of the methods used to approach this challenge.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #ScienceMeetsPractice #Economics #DecisionScience
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To apply prospect theory to decision under uncertainty requires specifying how people form subjective beliefs. This talk explores the formation of beliefs both from an empirical 🔍 and from a theoretical 📚 point of view.
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Prospect theory assumes that outcomes are coded as gains and losses from a reference point, but it is silent on how the reference point is formed. This talk explores the formation of reference points.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #ScienceMeetsPractice
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🎓📊🧩This talk explores how errors in the perception of choice options can explain existing empirical evidence — offering a new lens 🔍 through which to understand decision-making behavior.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #ScienceMeetsPractice #Economics
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Their work, titled “Loss Aversion”, explores a key insight of prospect theory. This talk gives an overview of definitions of loss aversion and how it can be measured.
#WorkshopUA #ProspectTheory #BehavioralEconomics #UAlumni #ResearchWorkshop #ScienceMeetsPractice #Economics #DecisionScience
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👋 Han Bleichrodt, our colleague from the Department of Economic Foundations and member of both the organizing and scientific committees, has given the welcome address to all participants.
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