Publications (43)
From Blackwell Dominance in Large Samples to Renyi Divergences and Back Again
Xiaosheng Mu, Luciano Pomatto, Philipp Strack +1
We study repeated independent Blackwell experiments; standard examples include drawing multiple samples from a population, or performing a measurement in different locations. In th…
Background risk and small-stakes risk aversion
Xiaosheng Mu, Luciano Pomatto, Philipp Strack +1
We show that under plausible levels of background risk, no theory of choice under risk -- such as expected utility theory, prospect theory, or rank dependent utility -- can simulta…
Monotone additive statistics
Xiaosheng Mu, Luciano Pomatto, Philipp Strack +1
The expectation is an example of a descriptive statistic that is monotone with respect to stochastic dominance, and additive for sums of independent random variables. We provide a…
Identifying Present-Bias from the Timing of Choices
Paul Heidhues, Philipp Strack
Timing decisions are common: when to file your taxes, finish a referee report, or complete a task at work. We ask whether time preferences can be inferred when \textsl{only} task c…
Vector boson excitations near deconfined quantum critical points
Yejin Huh, Philipp Strack, Subir Sachdev
We show that the Néel states of two-dimensional antiferromagnets have low energy vector boson excitations in the vicinity of deconfined quantum critical points. We compute the uni…
An inverse optimal stopping problem for diffusion processes
Thomas Kruse, Philipp Strack
Let be a one-dimensional diffusion and let be a payoff function depending on time and the value of . The paper analyzes the inver…