Oxford Events, the new replacement for OxTalks, will launch on 16th March. The two-week OxTalks freeze period starts on Monday 2nd March. During this time, there will be no facility to publish or edit events. The existing OxTalks site will remain available to view during this period. Once Oxford Events launches, you will need a Halo login to submit events. Full details are available on the Staff Gateway.
We report on an experiment that shows that subjects prefer a gradual resolution of uncertainty when information about winning yields decisive bad news but inconclusive good news. This behavior is difficult to reconcile with standard theories of choice, including Kreps-Porteus preferences. We propose a new theory, Peak-Trough-Utility (Gul, Natenzon and Pesendorfer (2019), to capture the observed behavior.
It will also talk about the connected paper : www.princeton.edu/~pesendor/rel.pdf
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