Seminario ISCI - MIPP “Attention-based Utility”. Presenta: George Loewenstein

Seminario ISCI - MIPP “Attention-based Utility”. Presenta: George Loewenstein - Herbert A. Simon University Professor of Economics and Psychology at Carnegie Mellon University. Abstract: In this talk, I will explore key aspects of human attention that hold particular significance for economics, leading to the introduction of the concept of attention-based utility. This concept highlights how an individual's well-being at any moment is shaped not only by their objective circumstances but also by what they focus on—whether that involves their surroundings, internal states, or memories. I will then present findings from a field study and three experiments that demonstrate how investor attention is shaped by hedonic factors, and examine the resulting impact on investor behavior. Fecha: 26 de noviembre de 2024 Horario: 13.30 - 14.30 Beauchef 851, Sala de Consejo. Piso 4 Inscríbete aquí: https://docs.google.com/forms/d/1AWU5VR6QygRJ40IiWPZJu5-3rCFLjdzNmTNhzawAz2A/viewform?ts=67326136&edit_requested=true