(Strategic) Decision Making without Priors

A common theme is choice without priors, mostly based on the the solution concept minimax regret.


Publications:

Robust sequential search (joint with Andriy Zapechelnyuk), Theoretical Economics, December 2020 (forthcoming).

Dynamic Benchmark Targeting (joint with Andriy Zapechelnyuk), Journal of Economic Theory 169 (2017), 145–169.

On the Impossibility of Achieving No Regrets in Repeated Games (joint with Andriy Zapechelnyuk), Journal of Economic Behavior and Organization 81 (2012), 153-158.

Implementation in Minimax Regret Equilibrium (joint with Ludovic Renou), Games and Economic Behavior 71 (2011), 527-533.

Robust Monopoly Pricing (joint with Dirk Bergemann), Journal of Economic Theory 146 (2011), 2527–2543.

Minimax Regret and Strategic Uncertainty (joint with Ludovic Renou), Journal of Economic Theory 145 (2010), 264-286.

Decision Makers Facing Uncertainty: Theory versus Evidence (joint with Paolo E. Giordani and Sanne Zwart), Journal of Economic Psychology 31 (2010), 659-675.

Choice under Complete Uncertainty when Outcome Spaces are State-Dependent (joint with Clemens Puppe), Theory and Decision 66 (2009), 1–16.

Pricing without Priors, (joint with Dirk Bergemann), Journal of the European Economic Association 6 (2008), 560-569.


Working Papers and Mimeos:

Value of Information when Searching for a Secretary (joint with Andriy Zapechelnyuk), Mimeo, University of Vienna, Febuary, 2016.

Should I Stay or Should I Go? Search without Priors (joint with Dirk Bergemann), University of Vienna, 2011

Robust Monopoly Pricing - The Case of Regret (September, 2008), joint with Dirk Bergemann, Cowles Foundation Discussion Paper No. 1527RR

Eleven –Designing Randomized Experiments under Minimax Regret, Mimeo, European University Institute, 2007.

How to Attain Minimax Risk with Applications to Distribution-Free and Nonparametric Estimation, Testing and Selection (this version March 12, 2007, earlier version as ECO WP 2006/26, note that only this earlier version contains results on Hannan regret)

Competing for Boundedly Rational Consumers, Mimeo, 2004.

How to Minimize Maximum Regret in Repeated Decision-Making, Mimeo, European University Institute, 2003.

The Impact of Selling Information on Competition, Mimeo, European University Institute, 2000.