Announcing the 2024-2025 WEBEA Workshop Series—First Session on October 24

[klop...@ucsc.edu]

Dear All,

We are happy to announce the start of the 2024-2025 Workshop on Experimental and Behavioral Economics of the Americas (WEBEA, www.webeas.org).

As always, this year’s lineup features an outstanding group of researchers. We are honored to host presentations from Paul J. Feldman (Texas A&M University), Daniel Martin (University of California Santa Barbara), Ryan Oprea (University of California Santa Barbara), Isabel Treviño (University of California San Diego), Anujit Chakraborty (University of California Davis), and Sevgi Yuksel (New York University). We will update our website as other invited researchers confirm their presentation dates.

Additionally, this fall, we are excited to host sessions featuring promising job market candidates, including Kalyani Chaudhuri (University of California Davis), Keaton Ellis (University of California Berkeley), Guylaine Nouwoue N D Epse Tchakounte (University of Exeter), and Cliff Nelson (UC Santa Cruz).

This cycle, the workshop is coordinated by Paul Feldman (Texas A&M University) and Kristian López Vargas (University of California, Santa Cruz). Our online workshop series aims to invite researchers with remarkable work in experimental, behavioral, and theoretical economics and to promote academic dialogue among researchers and students worldwide.

The workshop is a joint effort of economics faculty at Carleton University (Canada), George Mason University (US), Instituto Tecnológico Autónomo de México-ITAM (México), Instituto Tecnológico y de Estudios Superiores de Monterrey (México), Texas A&M University (US), Universidad del Pacífico (Perú), Universidad de los Andes (Colombia), and the University of California Santa Cruz (US).

Our first session is scheduled for Thursday, October 24, 2024, at 12 PM ET, and we will have Paul J. Feldman from Texas A&M University present his talk titled “Deliberation and Differences Determine Difficult Decisions.” This is joint work with David Buschena✝ and David Zilberman. Please see the abstract below.

First session details:

Date:
October 24, 2024

Time:
12 PM Eastern Time (New York);
11 AM Central Time (Texas, Bogotá, Lima);
10 AM Mountain Time (Mexico City)
9 AM Pacific Time (California);
4 PM GMT

Zoom Link: https://ucsc.zoom.us/j/93091558925?pwd=YXJHQlJDMWozeXBDRWhmc3o4UElwUT09
Zoom Meeting ID: 930 9155 8925
Passcode: 815362

Please mark your calendars. We look forward to seeing everyone at the workshop!

Best regards,

Paul and Kristian, on behalf of the Organizing Committee

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October 24 Talk Details:

Title: Deliberation and Differences Determine Difficult Decisions

Authors:

    •    David Buschena✝, Montana State University
    •    Paul J. Feldman, Texas A&M University
    •    David Zilberman, University of California, Berkeley

Abstract:
We propose a dual-process similarity-based explanation for when and how choices are made. Our explanation differs from the prior literature as it does not rely on subjective distances in preferences. We derive sharp testable predictions and exploit an incentivized lab experiment to validate our explanation. More precisely, we study binary choices between lotteries with at most three outcomes (the canonical space for violations of expected utility). We validate our explanation by predicting non-monotonicities in response times and inconsistent choices under risk. Our economic explanation, based on how individuals deliberate between dual processes, predicts how and when these risky choices will be made.


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