Professor Peter Klibanoff
Department of Managerial Economics and Decision Sciences (MEDS)

 

Publications:

Research Articles

Updating preferences with multiple priors (with Eran Hanany), Theoretical Economics, 2 (2007), pp. 261-298.

“Subjective Recursive Expected Utility” (with Emre Ozdenoren), Economic Theory, 30 (2007) 1, pp. 49-87.

“A smooth model of decision making under ambiguity” (with Massimo Marinacci and Sujoy Mukerji), Econometrica 73(6) (November, 2005) pp. 1849-1892.

"Stochastically independent randomization and uncertainty aversion," Economic Theory 18 (2001) 3, pp. 605-620. (Reprinted in Uncertainty in Economic Theory: A collection of essays in honor of David Schmeidler’s 65th birthday, Gilboa, I., Ed., Routledge, 2004)

"Characterizing uncertainty aversion through preference for mixtures," Social Choice and Welfare. 18(2), April 2001, pp. 289-301.

"Maxmin expected utility over Savage acts with a set of priors," (with Ramon Casadesus-Masanell and Emre Ozdenoren), Journal of Economic Theory 92(1), May 2000, pp. 35-65.

 "Maxmin expected utility through statewise combinations," (with Ramon Casadesus-Masanell and Emre Ozdenoren), Economics Letters 66(1), January 2000, pp. 49-54.

"Additivity with multiple priors," (with Paolo Ghirardato and Massimo Marinacci), Journal of Mathematical Economics 30(4), November 1998, pp. 405-420.

"Investor reaction to salient news in closed-end country funds," (with Owen Lamont and Thierry A. Wizman), The Journal of Finance 53(2), April 1998, pp. 673-699. (Reprinted in Behavioral Finance, Shefrin, H. M., Ed., Edward Elgar Publishing, 2001.)

"Decentralization, Externalities, and Efficiency," (with Jonathan Morduch) The Review of Economic Studies 62 (April 1995): 223-247.

Textbooks

Managerial Statistics: A Case-Based Approach (with Alvaro Sandroni, Boaz Moselle and Brett Saraniti), 1st edition. Thomson South-Western, 2006. http://klibanoff.swlearning.com/ [The publisher’s companion site also includes download links for: (1) Kstat.xls updated for full compatibility with Microsoft Excel 2007; (2) A brief errata list; and (3) teaching aids (for registered instructors)]
A fresh, relevant and MBA classroom-proven approach to managerial statistics with a regression focus.

Solutions to Review Exercises for A Theory of Incentives in Procurement and Regulation by Jean-Jacques Laffont and Jean Tirole. MIT Press, 1993.

Areas of Interest:
Decision theory, Externalities, Uncertainty, Game Theory, Behavioral Finance, Optimal regulation and organizational structure.

Current Projects:
Selected Working Papers