Aurélien Baillon
Biographic Data
| ID | 1049021 |
|---|---|
| NAME | Aurélien Baillon |
| GIVEN NAMES | Aurélien |
| FAMILY NAME | Baillon |
| SIGNATURE | BAILLON A |
| AFFILIATIONS | Erasmus University Rotterdam |
| ORCID | 0000-0002-0169-9760 |
| VERIFIED | Yes |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 5 |
| WORKS AS AUTHOR | 6 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2011 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 1 |
Falling and failing (to learn)
International audience
Incentives in surveys
Surveys typically use hypothetical questions to measure subjective and unverifiable concepts like happiness and quality of life. We test whether this is problematic using a large survey experiment on health and subjective well-being. We use Prelec’s Bayesian truth serum to incentivize the experiment and defaults to introduce biases in responses. Without defaults, the data quality was good and incentives had no impact. With defaults, incentives re…
Prudence with Respect to Ambiguity
Under expected utility, prudence is equivalent to a positive third derivative of utility and plays a crucial role in precautionary saving behaviour. Eeckhoudt and Schlesinger (2006) proposed behavioural definitions of prudence and of higher order risk preferences. The present article proposes a similar definition for prudence with respect to ambiguity, i.e. situations in which objective probabilities are not available. Implications for several am…
Sadder but wiser
On the social nature of eyes
Ambiguity Models and the Machina Paradoxes
Machina (2009) introduced two examples that falsify Choquet expected utility, presently one of the most popular models of ambiguity. This article shows that Machina's examples falsify not only the model mentioned, but also four other popular models for ambiguity of the literature, namely maxmin expected utility, variational preferences, α-maxmin, and the smooth model of ambiguity aversion. Thus, Machina's examples pose a challenge to most of the …
Incentives in surveys
Surveys typically use hypothetical questions to measure subjective and unverifiable concepts like happiness and quality of life. We test whether this is problematic using a large survey experiment on health and subjective well-being. We use Prelec’s Bayesian truth serum to incentivize the experiment and defaults to introduce biases in responses. Without defaults, the data quality was good and incentives had no impact. With defaults, incentives re…
Prudence with Respect to Ambiguity
Under expected utility, prudence is equivalent to a positive third derivative of utility and plays a crucial role in precautionary saving behaviour. Eeckhoudt and Schlesinger (2006) proposed behavioural definitions of prudence and of higher order risk preferences. The present article proposes a similar definition for prudence with respect to ambiguity, i.e. situations in which objective probabilities are not available. Implications for several am…
Ambiguity Models and the Machina Paradoxes
Machina (2009) introduced two examples that falsify Choquet expected utility, presently one of the most popular models of ambiguity. This article shows that Machina's examples falsify not only the model mentioned, but also four other popular models for ambiguity of the literature, namely maxmin expected utility, variational preferences, α-maxmin, and the smooth model of ambiguity aversion. Thus, Machina's examples pose a challenge to most of the …
On the social nature of eyes
Sadder but wiser
Prudence with Respect to Ambiguity
Under expected utility, prudence is equivalent to a positive third derivative of utility and plays a crucial role in precautionary saving behaviour. Eeckhoudt and Schlesinger (2006) proposed behavioural definitions of prudence and of higher order risk preferences. The present article proposes a similar definition for prudence with respect to ambiguity, i.e. situations in which objective probabilities are not available. Implications for several am…
Incentives in surveys
Surveys typically use hypothetical questions to measure subjective and unverifiable concepts like happiness and quality of life. We test whether this is problematic using a large survey experiment on health and subjective well-being. We use Prelec’s Bayesian truth serum to incentivize the experiment and defaults to introduce biases in responses. Without defaults, the data quality was good and incentives had no impact. With defaults, incentives re…
Falling and failing (to learn)
International audience
Computer Science (4 works) · Decision-Making and Behavioral Economics (4 works) · Economics (4 works) · Psychology (4 works) · Ambiguity (3 works) · Social Psychology (3 works) · Ambiguity aversion (2 works) · Cognitive psychology (2 works) · Expected utility hypothesis (2 works) · Finance (2 works)