2 citations · 3 across the 26 of their papers we have counts for
10 papers · 1 filter
Calibrating the Subjective
Mark Whitmeyer
I conduct Rabin's (2000) calibration exercise in the subjective expected utility realm. I show that the rejection of some risky bet by a risk-averse agent only implies the rejectio…
The Extreme Points of Fusions
Andreas Kleiner, Benny Moldovanu, Philipp Strack +1
Our work explores fusions, the multidimensional counterparts of mean-preserving contractions and their extreme and exposed points. We reveal an elegant geometric/combinatorial stru…
How to Make an Action Attractive
Marilyn Pease, Mark Whitmeyer
A policymaker often wants to steer a decision-maker toward one of two actions, but lacks reliable knowledge of how the decision-maker perceives uncertainty or evaluates risk. We fo…
Comparative Patience
Mark Whitmeyer
We begin by formulating and characterizing a dominance criterion for prize sequences: dominates if any impatient agent prefers to . With this in hand, we define a no…
Strong Dominance for Dynamic Signals
Mark Whitmeyer, Cole Williams
In this paper, we reveal that the signal representation of information introduced by Gentzkow and Kamenica (2017) can be applied profitably to dynamic decision problems. We use thi…
Comparisons of Sequential Experiments for Additively Separable Problems
Mark Whitmeyer, Cole Williams
For three natural classes of dynamic decision problems; 1. additively separable problems, 2. discounted problems, and 3. discounted problems for a fixed discount factor; we provide…