Conference “Risk and Ambiguity: Theory and Evidence” - Programme

University of Siena, DEPARTMENT OF ECONOMIC POLICY, FINANCE AND DEVELOPMENT
Workshop organizes the Conference
“Risk and Ambiguity: Theory and Evidence”
Siena, 14-15 April 2011
Faculty of Economics “R. Goodwin”, Aula Romani
Organizing Board: M.Basili, N.Dimitri, F.Farina, A.Innocenti, C.Zappia
Thursday 14th April
15.00 Welcome Addresses: F. Farina and M. Basili
SESSION 1 – Theoretical Issues
Chair: M. Basili
15.30 K.Binmore* (UCL and Bristol University), L.Stewart (Harvard University), and A.Voorhvoeve (London School of Economics)
“On the Ellsberg Paradox”
16.30 A. Araujo (IMPA&FGV, Rio de Janeiro), A. Chateauneuf* (PSE, Université Paris1) and J.H. Faro (INSPER, Sao Paulo)
"Pricing rules and Arrow Debreu ambiguous valuation"
17.30 Coffee Break
18.00 J. Gierlinger (Toulouse School of Economics) and C. Gollier* (Université de Toulouse)
”Socially efficient discounting under ambiguity aversion”
19.00 G.Attanasi (Université de Toulouse) and A. Montesano* (Bocconi University)
"The price for information about probabilities and its relation with ambiguity"
20.30 Social Dinner
Friday, 15th April
SESSION 2 – Experimental Evidence
Chair: F. Farina
9.00 M.Basili* (University of Siena) , A. Chateauneuf (PSE, Université Paris1) , L. Pratelli (Accademia Navale, Livorno)
“Aggregation of not necessarily independent opinions without full conservatism”
10.00 D.Di Cagno* (LUISS, Rome), E.Sciubba (Birckbeck College), and M.Spallone (University G.D’Annunzio, Chieti and Pescara)
“Choosing a Gambling Partner: Experimental
Evidence”
11.00 Coffee Break
11.30 J.Hey (University of York) and N. Pace* (University "Ca' Foscari", Venice)
“Non Two-Stage Probability Models of Decision Making Under Ambiguity: new experimental evidence”
12.30 C.Zappia (University of Siena)
"Fifty years of the Ellsberg Paradox"
13.30 End of the Workshop
(*) Presenting Author