现代产业经济学系列讲座第140期

时间：12月23日（周五）15：30-17：00

地点：史带楼303室

主持人：李玲芳 副教授

主题：Haze and decision making: A natural laboratory experiment

主讲人：Soo-hong Chew

摘要：

The adverse impact of haze on health and related economic outcomes  has been extensively documented in the literature. This paper is a first attempt at investigating the causal effect of haze directly on decision making in a natural laboratory experiment over seven consecutive days with highly varying levels of Particulate Matters 2.5 (PM2.5) in Beijing during October 2012 before PM2.5 became more commonly used in China the next year. An increase in the level of haze yields an increase in both risk aversion and ambiguity aversion when facing gain oriented uncertainty, but a decrease in aversion to risks involving losses as well as the extent of Allais behavior which is mainly female driven. Subjects are more impatient when discounting over a remote time horizon, but not for tradeoffs over the near term. For other-regarding behavior, increased haze gives rise to more selfishness, greater sense of fairness, and lower cooperativeness. In strategic thinking, increased haze leads to more deviations from what may be considered optimal in the second-price sealed bid auction and the p-Beauty game. These results are robust with respect to varying the time window over which we average the level of haze and provide a preferential foundation for several findings linking haze to real world economic phenomena including stock market, human capital, and crime.

简介：周恕弘（Chew Soo Hong），新加坡国立大学讲席教授，国际经济计量学会院士（Fellow）。周恕弘教授是世界著名的实验经济学家和行为经济学家，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（担任讲座教授）。在Econometrica，Journal of Economic Theory等世界顶级学术期刊上发表十多篇论文，2011年他当选为国际经济计量学会（Econometric Society）的院士（Fellow），是这一世界上最著名的经济学协会自1933年创建以来的第11位华人院士。

产业经济学系

2016-12-20