【题 目】Attention Theory
【时 间】2023年9月21日(星期四),14:00-15:30
【地 点】后主楼 1610会议室
【主讲人】周恕弘 教授(西南财经大学中国行为经济与行为金融研究中心)
【主持人】朱 敏 副教授(best365官方网站登录入口)
摘要:The human brain is miserly in minimizing energy expenditure constantly and unconsciously, giving rise to an unstable and context-sensitive attentional process. We propose an attention theory (AT) where the dynamically changing utility of a lottery emerges from attention-induced decision weights that are potentially volatile. When top-down attention is stable, AT exhibits transitivity in binary choice along with standard Allais behavior. When attention is unstable, AT can be intransitive and exhibit expected-utility conforming behavior in the correlated common-consequence problem if and only if its bivariate attention function is symmetric, coinciding formally with Regret Theory and Salience Theory. In addition, valuing lotteries individually under unstable attention yields a form of complexity aversion with the more complex lottery being evaluated using a less value-enhancing attention function. Incorporating the influence of stimulus-driven salience, AT yields context sensitive choice, which may appear random, when distinct attention functions are applied to similar lotteries.
报告人简介:
周恕弘,首席教授,西南财经大学中国行为经济与行为金融研究中心特聘主任。计量经济学会院士、经济学理论促进学会(SAET)院士(Fellow)、实验与行为经济学家。曾执教于美国亚利桑那大学、约翰霍普金斯大学、加州大学尔湾分校、香港科技大学,曾访问过美国杜兰大学、加拿大多伦多大学、以色列特拉维夫大学。研究成果丰富,在经济学以及其他学科权威期刊上共发表学术论文75篇。其中:Journal of Political Economy(一篇)、Econometrica(四篇)、Review of Economic Studies(一篇)、Journal of Economic Theory(十三篇)、Neuron(一篇)、Proceedings of the National Academy of Sciences(一篇)、PLoS ONE(三篇)、Management Science(一篇)等。