Professor Peter Klibanoff
Department of Managerial Economics and Decision
Sciences (MEDS)
Publications:
Research Articles
“Polarization
and Ambiguity” (with Sandeep Baliga and Eran Hanany), American
Economic Review, forthcoming.
“Thoughts
on Policy Choice under Ambiguity”, Journal of Institutional and
Theoretical Economics, 169 (2013), pp. 134-138, DOI
10.1628/093245613X660492.
forthcoming.
“On
the Smooth Ambiguity Model: A Reply” (with Massimo Marinacci and Sujoy Mukerji), Econometrica
80(3) (May, 2012), pp. 1303-1321.
“Dynamically
Consistent Updating of Multiple Prior Beliefs - An Algorithmic Approach”
(with Eran Hanany and Erez Marom), International
Journal of Approximate Reasoning, Vol. 52, Iss. 8 (November 2011), pp. 1198-1214, http://dx.doi.org/10.1016/j.ijar.2011.06.010.
Additional files: Algorithms from this paper coded in Mathematica: .zip
archive containing Mathematica
notebook file; .html
listing of code
“Definitions
of Ambiguous Events and the Smooth Ambiguity Model” (with Massimo
Marinacci and Sujoy Mukerji), Economic
Theory Vol. 48, Iss. 2 (2011),
pp. 399-424, DOI 10.1007/s00199-011-0641-7. (Link here
to the pre-publication version which may differ slightly from the published
version.) Special issue entitled
“Symposium on the 50th anniversary of the Ellsberg Paradox”
“Monopoly
Pricing under a Medicaid-Style Most-Favored-Customer Clause and Its Welfare
Implication” (with Tapas Kundu), The B.E. Journal of Economic Analysis
& Policy Vol. 10, Iss. 1 (Contributions), Article 77 (2010).
“Updating
Ambiguity Averse Preferences” (with Eran Hanany), The B.E. Journal of Theoretical Economics Vol. 9, Iss. 1 (Advances), Article 37 (2009).
“Recursive
Smooth Ambiguity Preferences” (with Massimo Marinacci and Sujoy
Mukerji), Journal of Economic Theory
144 (2009), pp. 930-976.
“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://www.cengage.com/search/productOverview.do?N=+16&Ntk=P_Isbn13&Ntt=9780324226454
[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,
Ambiguity, Game Theory, Behavioral Finance, Optimal regulation and
organizational structure.
Current Projects:
Selected
Working Papers