Biography
Peter Wakker is professor of decision under uncertainty at Behavioral Econ. of Erasmus School of Econ. (ESE). He works in behavioral economics and on risk/ambiguity. He has published in leading journals in economics, business, medicine, psychology, statistics, and mathematics. He was the best-publishing Dutch economist in 1994, 1998, 2003, and 2007, and collaborated with three Nobel-prize winners. He is the 157th most influential economist, and the 20463th most influential researcher over all disciplines (Ioannidis, Boyack, & Baas 2020 Table 6). Köbberling & Wakker (2005) is among the 50 most influential papers in Journal of Economic Theory (Shell, Borgers, & Pavan (2020). Wakker received a Medical Decision Making Career Achievement Award (2007), the Frank P. Ramsey Medal (2013; highest award of INFORMS Decision Analysis Society), and an Honorary doctorate in economics (University of St. Gallen 2016). He frequently gives advices on insurance in the media. He is a director of the research group Behavioral Economics. Personal website.
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Work
- Chen Li & Peter Wakker (2024) - A Simple and General Axiomatization of Average Utility Maximization for Infinite Streams - Journal of Economic Theory, 216, 1-10 - doi: 10.1016/j.jet.2024.105795 - [link]
- Peter Wakker (2023) - A Criticism of Bernheim & Sprenger’s (2020) Tests of Rank Dependence - Journal of Behavioral and Experimental Economics, 107, 1-7 - doi: 10.1016/j.socec.2022.101950 - [link]
- Peter P. Wakker (2023) - The correct formula of 1979 prospect theory for multiple outcomes - Theory and Decision, 94 (2), 183-187 - doi: 10.1007/s11238-022-09885-w - [link]
- Peter P. Wakker (2022) - Transforming Ordinal Riskless Utility into Cardinal Risky Utility: A Comment on Chung, Glimcher, and Tymula (2019) - American Economic Journal: Microeconomics, 14 (2), 561-565 - doi: 10.1257/mic.20190338 - [link]
- Aurélien Baillon, Han Bleichrodt, Chen Li & Peter P. Wakker (2021) - Belief hedges: Measuring ambiguity for all events and all models - Journal of Economic Theory, 198 - doi: 10.1016/j.jet.2021.105353 - [link]
- Peter P. Wakker & Jingni Yang (2021) - Concave/convex weighting and utility functions for risk: A new light on classical theorems - Insurance: Mathematics and Economics, 100, 429-435 - doi: 10.1016/j.insmatheco.2021.07.002 - [link]
- Cathleen Johnson, Aurélien Baillon, Han Bleichrodt, Zhihua Li, Dennie van Dolder & Peter P. Wakker (2021) - Prince: An improved method for measuring incentivized preferences - Journal of Risk and Uncertainty, 62 (1), 1-28 - doi: 10.1007/s11166-021-09346-9 - [link]
- Peter Wakker (2020) - A One-Line Proof for Complementary Symmetry - Journal of Mathematical Psychology, 98 - doi: 10.1016/j.jmp.2020.102406
- Peter Wakker (2020) - A Personal Tribute to David Schmeidler’s Influence - Revue Economique, 71, 387-390 - doi: 10.3917/reco.712.0387 - [link]
- JN Doctor, Peter Wakker & Tong Wang (2020) - Economists’ views on the ergodicity problem - Nature Physics, 16 - doi: 10.1038/s41567-020-01106-x - [link]
Skills Workshop 2 - Presenting and Ac Wr
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Risk and Rationality
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Microeconomics IV
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Scientific Integrity
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