prof.dr. C (Chen) Li

Biography

Chen Li is a Professor in Behavioural Economics at Erasmus School of Economics. Chen focuses on decision making under uncertainty and over time. Her research addresses questions such as whether the poor are more averse to ambiguity, how learning affect people's ambiguity attitudes, and how people's beliefs and attitudes towards uncertainty affect their decisions in social interactions.

Erasmus School of Economics

Full professor | Behavioural Economics

Email: c.li@ese.eur.nl

Work

Ilke Aydogan, Aurélien Baillon, Emmanuel Kemel & Chen Li (2025) - How much do we learn?: Measuring symmetric and asymmetric deviations from Bayesian updating through choices - Quantitative Economics, 16 (1), 329-365 - doi: 10.3982/QE2094 - [link]
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]
Aurélien Baillon, Yoram Halevy & Chen Li (2022) - Randomize at Your Own Risk: On the Observability of Ambiguity Aversion - Econometrica, 90 (3), 1085-1107 - doi: 10.3982/ecta18137 - [link]
Aurélien Baillon, Yoram Halevy & Chen Li (2022) - Experimental elicitation of ambiguity attitude using the random incentive system - Experimental Economics, 25 (3), 1002-1023 - doi: 10.1007/s10683-021-09739-2 - [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]
Han Bleichrodt, Jürgen Eichberger, Simon Grant, David Kelsey & Chen Li (2021) - Testing dynamic consistency and consequentialism under ambiguity - European Economic Review, 134 - doi: 10.1016/j.euroecorev.2021.103687 - [link]
Chen Li & Ning Liu (2020) - What to tell? Wise communication and wise crowd - Theory and Decision, 90, 279-299 - doi: 10.1007/s11238-020-09784-y - [link]
Han Bleichrodt, JN Doctor, Yu Gao, Chen Li, D Meeker & Peter Wakker (2020) - Resolving Rabin’s Paradox - Journal of Risk and Uncertainty, 59 (3), 239-260 - doi: 10.1007/s11166-019-09318-0 - [link]
Chen Li, U Turmunkh & Peter Wakker (2020) - Social and Strategic Ambiguity versus Betrayal Aversion - Games and Economic Behavior, 123, 272-287 - doi: 10.1016/j.geb.2020.07.007
Chen Li, U Turmunkh & Peter Wakker (2019) - Trust as a Decision under Ambiguity - Experimental Economics, 22, 51-75 - doi: 10.1007/s10683-018-9582-3 - [link]
Aurelien Baillon, Han Bleichrodt, U (Umut) Keskin, O l'Haridon & Chen Li (2017) - The effect of learning on ambiguity attitudes - Management Science, 64 (5), 2181-2198 - doi: 10.1287/mnsc.2016.2700 - [link]
Chen Li (2017) - Are the Poor Worse at Dealing with Ambiguity - Journal of Risk and Uncertainty, 54 (3), 239-268 - doi: 10.1007/s11166-017-9262-2 - [link]
Han Bleichrodt, Chen Li, I Moscati & Peter Wakker (2016) - Nash Was a First to Axiomatize Expected Utility - Theory and Decision, 81, 309-312 - doi: 10.1007/s11238-016-9542-3 - [link]
Don Chai, Chen Li, Peter Wakker, Tong Wang & Jingni Yang (2016) - Reconciling Savage’s and Luce’s Modeling of Uncertainty: The Best of Both Worlds - Journal of Mathematical Psychology, 75, 10-18 - doi: 10.1016/j.jmp.2015.10.007 - [link]
Chen Li (2015) - Hitchhiking on the Road of Decision Making under Uncertainty
Peter Wakker, Chen Li & Zhihua Li (2014) - If Nudge Cannot Be Applied: A Litmus Test of the Readers’ Stance on Paternalism - Theory and Decision, 76 (3), 297-315 - doi: 10.1007/s11238-013-9375-2 - [link]

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Chen Li (4 december 2023) - Weekly: Ormat Technologies (ORA: $69.60) keeps rising: up 15% in 3 weeks; +$3.15 [4.7%]
Chen Li (4 december 2023) - Monthly: Ormat Technologies (ORA: $67.32) rises 10% on high volatility in November 2023
Chen Li (2 december 2023) - Weekly: Ormat Technologies (ORA: $69.60) keeps rising: up 15% in 3 weeks; +$3.15 [4.7%]
Chen Li (1 december 2023) - Monthly: Ormat Technologies (ORA: $67.32) rises 10% on high volatility in November 2023
Chen Li (30 november 2023) - Monthly: Ormat Technologies (ORA: $67.32) rises 10% on high volatility in November 2023
Chen Li (27 november 2023) - Weekly: Ormat Technologies (ORA: $66.45) up 9% in 2 weeks; +$1.15 [1.8%]
Chen Li (7 oktober 2023) - Weekly: Ormat Technologies (ORA: $65.94) accelerates decline: down 9.5% in 2 weeks; -$3.98 [5.7%]
Chen Li (26 april 2021) - Behind the largest case of 40 billion yuan in the currency circle: the situation of cross-border money laundering in virtual currency is grim
Chen Li (1 december 2019) - China Has Lost Taiwan, and It Knows It

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