[VCEE Seminar] Reminder: VCEE Seminar with Heidi Christina Thysen - Invitation

[Mailing list of the VCEE seminar series]

Dear members and friends of the VCEE,

You are invited to attend the VCEE seminar on Friday March 15, 2024, from
10:30 to 12:00 hrs Vienna time. 

The seminar takes place in Hörsaal 2 (ground floor) at
Oskar-Morgenstern-Platz 1.

We will have one speaker: Heidi Christina Thysen (Norwegian School of
Economics NHH), https://heidithysen.wixsite.com/home

 

Here is more information about the talk:

Title: 

Competing Causal Interpretations: An Experimental Study (with Sandro
Ambuehl)

 

Abstract:
Good decisions require understanding the causal impact of actions on
outcomes. Yet, data is often correlational and could stem from multiple
causal mechanisms with divergent implications. Our experiments
comprehensively characterize choice under competing causal interpretations.
Choice features substantial heterogeneity that primarily reflects three
types: following misspecified interpretations that make attractive promises,
choosing cautiously, and assessing the fit between theory and data. We
characterize the properties of ill-fitting interpretations that subjects
struggle to recognize. Preferences for more complex models are twice as
common as preferences consistent with Occam’s razor. Implications extend to
the literatures on Causal Narratives and Model Persuasion.

If you are interested in meeting after the seminar (meeting slots of 30’,
room no 05.303) you can register via this link:

 

https://nuudel.digitalcourage.de/SwcqYK5aTLB2vMlb

 

Kind regards,

Sylvia Vosatka

-------------------------------------------

Department of Economics

University of Vienna

Oskar-Morgenstern-Platz 1

1090 Vienna, Austria

Phone: +43 1 4277 37408

 

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