Peer-reviewed Papers

Below you will find an overview of the recent research papers written by the members of iRisk and published in international peer-reviewed journals.

Loïc BERGER (2021).
“What is Partial Ambiguity?”,

Economics and Philosophy, forthcoming


David CRAINICH & Mario MENEGATTI (2021).
“Self-protection with random costs”,

Insurance: Mathematics and Economics, 98, pp. 63-37


Loïc BERGER, Nicolas BERGER, Valentina BOSETTI, Itzhak GILBOA, Lars Peter HANSEN, Christopher JARVIS, Massimo MARINACCI & Richard D. Smith (2021).
Rational policymaking during a pandemic“,

Proceedings of the National Academy of Sciences of the United States of America,

 


Loïc Berger & Louis Eeckhoudt (2021).
Risk, ambiguity, and the value of diversification“,
Management Science, vol. 67, No. 3, pp. 1639-1647

 

Bleichrodt H., Crainich D., Eeckhoudt L., Treich N. (2020).
Risk aversion and the value of diagnostic tests“,
Theory and Decision, (89), pp. 137-149


 

David Crainich, Louis Eeckhoudt & Olivier Le Courtois (2020).
Intensity of preferences for bivariate risk apportionment“,
Journal of Mathematical Economics, vol. 88, pp. 153-160

 


 

Wanda Mimra, Janina Nemitz & Christan Waibel (2020).
Voluntary Pooling of Genetic Risk: A Health Insurance Experiment“,
Journal of Economic Behavior & Organization, vol. 180(1), pp. 864-882

 


 

Thomas Epper, Ernst Fehr, Helga Fehr-Duda, Claus Thustrup Kreiner, David Dreyer Lassen, Soren Leth-Petersen & Gregers Nytoft Rasmussen (2020).
Time discounting and Wealth Inequality“,
American Economic Review, 110(4), pp.1177-1205

 


 

Journal of Risk and Uncertainty, 60(2), pp.125-156

 


 

Ilke Aydogan (2020).
“Prior beliefs and ambiguity attitudes in decision from experience”,
Management Science, forthcoming

 


 

Loïc Berger & Massimo Marinacci (2020).
Model uncertainty in climate change economics: A review and proposed framework for future research“,
Environmental and Resource Economics, 77(3), pp. 475-501

 


 

Loïc Berger, Thierry Bréchet, Julien Pestiaux & Vincent van Steenberghe (2020).
The transition of Belgium towards a low carbon society: A macroeconomic analysis fed by a participative approach“,
Energy Strategy Reviews, Volume 29, May 2020, 100463

 


 

Loïc Berger & Johannes Emmerling (2020).
Welfare as equity equivalents“,
Journal of Economic Surveys, 34 (4), 727-752

 


 

Loïc Berger & Valentina Bosetti (2020).
Characterizing ambiguity attitudes using model uncertainty“,
Journal of Economic Behavior and Organization, 180(1), pp. 621-637

 


 

Felix Gottschalk, Wanda Mimra & Christian Waibel (2020).
Health Services as Credence Goods: A Field Experiment“,
The Economic Journal, 130(629), pp. 1346–1383

 


 

Louis Eeckhoudt & Roger J.A.Laeven (2020).
“Dual Moments and Risk Attitudes”
Operations Research, forthcoming

 


 

Berger, Loïc & Valentina Bosetti (2020).
Are policymakers ambiguity averse?
The Economic Journal, vol. 130, pp. 331-355

 


 

Ilke Aydogan & Yu Gao (2020).
Experience and rationality under risk: re-examining the impact of sampling experience
Experimental Economics, 23, pp. 1100–1128(2020)

 


 

Louis Eeckhoudt, Roger J.A. Laeven & Harris Schlesinger
Risk apportionment: The dual story” (2020).
Journal of Economic Theory, vol. 185, 104971


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Jessica Jewell, Johannes Emmerling, Vadim Vinichenko, Christoph Bertram, Loïc Berger, Hannah E. Daly, Ilkka Keppo, Volker Krey, David E. H. J. Gernaat, Kostas Fragkiadakis, David McCollum, Leonidas Paroussas, Keywan Riahi, Massimo Tavoni & Detlef van Vuuren (2020).
Reply to: Why fossil fuel producer subsidies matter
Nature, vol. 578, pp. E5–E7

 


 

Uyanga Turmunkh, Martijn J. van den Assem, & Dennie van Dolder (2019).
Malleable Lies: Communication and Cooperation in a High Stakes TV Game Show
Management Science, vol. 65(10), pp. 4795 – 4812

 


 

Chen Li, Uyanga Turmunkh, & Peter Wakker (2019).
Trust as a Decision under Ambiguity
Experimental Economics, vol. 22, pp. 51 – 75

 


 

Wanda Mimra & Achim Wambach (2019).
Contract withdrawals and equilibrium in competitive markets with adverse selection
Economic Theory, vol. 67, pp. 875–907

 


 

Jessica Jewell, David McCollum, Johannes Emmerling, Christoph Bertram, David E. H. J. Gernaat, Volker Krey, Leonidas Paroussos, Loïc Berger, Kostas Fragkiadakis, Ilkka Keppo, Nawfal Saadi, Massimo Tavoni, Detlef van Vuuren, Vadim Vinichenko & Keywan Riahi (2018),
Limited emission reductions from fuel subsidy removal except in energy-exporting regions“,
Nature
, vol. 554, pp. 229-233

 


 

David Crainich (2017),
Self-insurance with genetic testing tools“,
Journal of Risk and Insurance, vol. 84 (1), pp. 79-94

 


 

Loïc Berger, Johannes Emmerling & Massimo Tavoni (2017).
Managing catastrophic climate risks under model uncertainty aversion
Management Science, vol. 63 (3), pp. 749-765

 


 

David Crainich & Louis Eeckhoudt (2017).
Average Willingness to Pay for Disease Prevention with Personalized Health Information
Journal of Risk and Uncertainty, vol. 55 (1), pp. 29–39

 


 

Valentina Bosetti, Elke Weber, Loïc Berger, David Budescu, Ning Liu & Massimo Tavoni (2017).
COP21 Climate Negotiators’ Responses to Climate Model Forecasts“,
Nature Climate Change, vol. 7, pp. 185-189

 


 

Thomas Epper & Helga Fehr-Duda (2015).
Risk Preferences Are Not Time Preferences: Balancing on a Budget Line: Comment“,
American Economic Review, 105(7), pp.2261-2271

 


 

David Crainich, Louis Eeckhoudt & Alain Trannoy (2013).
Even (mixed) risk lovers are prudent“,
American Economic Review, vol. 103 (4), pp.1529-1535

 

Thomas Epper & Helga Fehr-Duda (2012).
Probability and Risk: Foundations and Economic Implications of Probability-Dependent Risk Preferences“,
Annual Review of Economics, 4, pp.567-593

Thomas Epper, Helga Fehr-Duda & Adrian Bruhin (2011).
Viewing the Future through a Warped Lens: Why Uncertainty Generates Hyperbolic Discounting“,
Journal of Risk and Uncertainty, 43(3), pp.169-203

Helga Fehr-Duda, Thomas Epper, Adrian Bruhin & Renate Schubert (2011).
Risk and Rationality: The Effect of Mood and Decision Rules on Probability Weighting“,
Journal of Economic Behavior and Organization, 78(1-2), pp.14-21

Adrian Bruhin, Helga Fehr-Duda & Thomas Epper (2010).

Helga Fehr-Duda, Adrian Bruhin, Thomas Epper & Renate Schubert (2010).
Rationality on the Rise; Why Relative Risk Aversion Increases with Stake Size“,
Journal of Risk and Uncertainty, 40(2), pp.147-180