Ludovic Renou

amse seminar

Ludovic Renou

Queen Mary University of London
Dynamic choice and common learning

IBD Amphi

Îlot Bernard du Bois - Amphithéâtre

5-9 boulevard Maurice Bourdet
13001 Marseille

Lundi 29 novembre 2021| 11:30 - 12:45

Ewen Gallic : ewen.gallic[at]
Avner Seror : avner.seror[at]


A researcher observes a finite sequence of choices made by multiple agents in a binary-state environment. Agents maximize expected utilities that depend on their chosen alternative and the unknown underlying state. Agents learn about the time-varying state from the same information and their actions change because of the evolving common belief. The researcher does not observe agents’ preferences, the prior, the common information and the stochastic process for the state. We characterize the set of choices that are rationalized by this model and generalize the information environment to allow for private information. We discuss the implications of our results for uncovering discrimination and committee decision making.