These insights speak to how humans adapt when the unexpected becomes reality.
And they matter for macroeconomists studying economies after large, unanticipated shocks. (5/5)
Our experiments show:
🔹 If the new world resembles the old, people update gradually.
🔹 If a regime change is possible, they overhaul their entire model.
(3/5)
Bayesian learning dominates economics — but it says nothing about “unknown unknowns.” (2/5)
by Eugenio Proto — Reposted by: Eugenio Proto, Daniel Stone
“Revising Beliefs in Light of Unforeseen Events” is forthcoming in the Journal of the European Economic Association (JEEA).
(with C. K. Becker, T. Melkonyan, @andissofianos.bsky.social Sofianos, S.T. Trautmann)
(1/5)
👉 academic.oup.com/jeea/advance...
by Claudia Sahm — Reposted by: Eugenio Proto, Alistair Munro, Rosemary A. Joyce
(Yes, that stunning background is real!)
by Mirco Tonin — Reposted by: Eugenio Proto
Reposted by: Eugenio Proto, Jonathan Portes
Reposted by: Eugenio Proto
This unique programme is co-run by the Adam Smith Business School and the School of Psychology & Neuroscience.
📢Several full scholarships are available :
www.gla.ac.uk/postgraduate...
by Eugenio Proto — Reposted by: Eugenio Proto
Pleased to see our 2022 study on intelligence & strategy in repeated games validated by a high-powered experiment.
Thanks to Michalis & Graeme.
Reposted by: Eugenio Proto
Reposted by: Eugenio Proto, Michalis Drouvelis
#EconSky
www.sciencedirect.com/science/arti...
econjobmarket.org/positions/11...
by Eugenio Proto — Reposted by: Eugenio Proto
Chapter 7 of the 2025 World Happiness Report shows low life satisfaction predicts support for populists—from Trump to Brexit.
Less trust, more anger = votes for “strongmen.”
🔗 worldhappiness.report/ed/2025/trus...
#Populism #Trust
Papers received after this deadline will also be considered where feasible.
Please submit your work for consideration to: [email protected]
Reposted by: Eugenio Proto
Send your papers: [email protected]
More info: tinyurl.com/yb5xn2yb
@uofglasgow.bsky.social @uofgasbs.bsky.social
@eugenioproto.bsky.social @basiczvonimir.bsky.social
#FedericaFarolfi
by Eugenio Proto — Reposted by: Eugenio Proto, Graeme Roy
in Scotland a cradle of behavioural science since the days of Adam Smith & David Hume
gla.ac.uk/schools/busi...