Research Seminars

Research Seminar Series offers a unique opportunity for our Faculty to engage with leading international scholars. Distinguished researchers from the world's top universities are invited to present their latest research and engage in lively discussions on the latest trends and developments in various areas of economics. All seminars are conducted in English and are comprised of a 50-minute presentation followed by a 10-minute discussion session. These seminars are open to the public, and we warmly welcome spontaneous attendance. 

Coordinators: Martin Guzi, Štěpán Mikula, Matteo M. Marini and Luca Fumarco.

Upcoming seminars

28 Nov

14:00

The Labor and Health Economics of Breast Cancer

Alexander Ahammer (Johannes Kepler University Linz ) ESF Academic Club Personal website

We estimate the long-run labor market and health effects of breast cancer among Austrian women. Compared to a random sample of same-aged non-affected women, those diagnosed with breast cancer face a 22.8 percent increase in health expenses, 6.2 percent lower employment, and a wage penalty of 15 percent five years after diagnosis. Although affected women sort into higher quality jobs post-diagnosis, this is offset by a reduction in working hours. We argue that the hours reduction is more likely driven by an increase in the time preference rate, meaning that patients increasingly value the present over the future, rather than by an incapacitation effect or employer discrimination.

5 Dec

14:00

Beyond the threshold: how electoral size-dependent uncertainty affects majority determination

Giuseppe Attanasi (Sapienza University of Rome) ESF Room MT205 Personal website

Individual preferences for a specific majority threshold can be influenced by voters’ attitudes toward uncertainty. It has been theoretically demonstrated and experimentally verified that a higher majority threshold is associated with risk aversion, serving as a means to protect against the tyranny of the majority (Attanasi, Corazzini & Passarelli 2017). In this paper, we posit that the absence of ex-ante information regarding the likelihood of the voting outcome introduces an additional layer of uncertainty - namely, ambiguity - which motivates decision-makers to seek increased protection.

We model the impact of both the level of ambiguity and ambiguity aversion on the desired majority threshold of a voting lottery in a KMM environment (Klibanoff, Marinacci and Mukerji 2005). We assume that as the number of voters increases, so does the level of complexity – and consequently, the ambiguity – of the voting lottery, which in turn activates ambiguity attitudes. We test our predictions through a series of 32 classroom experiments conducted between 2020 and 2024, involving approximately 1,200 undergraduate and graduate students in Italy and France, with voter group sizes ranging from 7 to 281.

Our findings confirm a positive correlation between risk aversion and the desired majority threshold. Additionally, we provide support for our two novel predictions: first, that the desirable threshold is positively correlated with ambiguity aversion, and second, that it increases with the number of voters through this channel. These results highlight the significance of ambiguity in strategic voting.

12 Dec

14:00

Alcohol Consumption in an Empty Nest

Serena Trucchi (Cardiff University) ESF Room MT205 Personal website

Alcohol consumption among older adults has been drawing public health interest due to the rising use of alcohol in the growing elderly population. This paper adds to the understanding of alcohol consumption in later life by investigating the impact of a specific life event: the transition to an empty nest, when adult children leave the parental home. Our findings show a significant increase in alcohol consumption in an empty nest, equivalent to approximately one additional drink every one to three weeks. This change is characterised by more regular drinking patterns and a modest rise in daily intake. The groups most affected by this change include couples, individuals with high income, those actively employed, and respondents aged 45-60. We also provide evidence on the mechanisms underlying this relationship, supporting a key role of relaxation and changes in time use.
Past events

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