Dept of Economics External Seminar Series: Sujoy Mukerji
- J G Smith building, Seminar Room C
Speaker: Sujoy Mukerji (Queen Mary)
Sujoy's research has primarily been on decision making under ambiguity, its foundations, and its relevance in economic contexts. His broader research interests lie in the intersection of bounded rationality and economic theory. Recently, with co-authors Peter Klibanoff and Massimo Marinacci, Sujoy has worked on formulating a new model of decision making under ambiguity, dubbed the "Smooth Ambiguity Model" which is more comprehensive than the "first-generation" models and allows the modeller to address a far greater range of important comparative static questions, e.g., effect of changes in ambiguity aversion.
The framework has been extended to accommodate models involving dynamic decision making and applied to the analyses of financial decision making, re-exploring among other things the famous equity premium puzzle.