报告题目：Too risky to hedge: An experiment on narrow framing

报告所属学科：应用经济学

报告人：郑家昆（中国人民大学）

报告时间：2022年10月5日 16:00-19:30

报告地点：腾讯会议：572-431-832，将军路校区D3102

报告摘要：

Narrow framers who focus on specific investment decisions without considering preexisting risks would underestimate the value of hedging. We ran a lab experiment to first test the theoretical predictions

that are only consistent with prospect theory combined with narrow framing - particularly, subjects who are more willing to invest are also more willing to insure. Second, we estimate preference and manage to explore individual degree of narrow framing. We find little correlation between the degree of narrow framing with gender. We show that neglecting the existence of partial narrow framers, we would overestimate the severity of narrow framing.

报告人简介：

郑家昆，法国图卢兹经济学院博士，牛津大学纳菲尔德学院青年访问学者，国家优秀自费留学生奖学金获得者，现任中国人民大学财政金融学院助理教授、中国人民大学杰出青年学者，风险与公共物品研究中心(Center for Research on Uncertainty and Commons, CRUC)联合创始人。主要研究兴趣包括行为经济学和决策理论及其在保险、资产定价、环境和健康领域中的应用，相关研究成果发表在Journal of Health Economics、Journal of Economic Behavior and Organization、Insurance: Mathematics and Economics等国际高水平期刊上。