Event Details

We are pleased to invite you to a one-day workshop on Diagnostic Expectations, led by Professor Francesco Bianchi from Johns Hopkins University. The workshop will explore the role of expectations in decision-making, with insights spanning macroeconomics, microeconomics, and finance.

Details:

• Date: Monday, 17th March
• Time: 10:00 – 15:00 (one-hour lunch break, 12:00–13:00; lunch not provided)
• Location: LUMS Lecture Theatre 2
• Cost: Free to attend

About the Instructor:

Professor Bianchi is the Louis J. Maccini Professor of Economics and Chair at Johns Hopkins University. His research has been published in leading journals, and he has extensive experience presenting at major events, including the Jackson Hole Symposium. His work focuses on diagnostic expectations, machine learning for forecasts, and the interaction of monetary and fiscal policies.

Course Description:

The workshop will cover:

1. The representativeness heuristic (Kahneman and Tversky, 1972) and its formalization (Gennaioli and Shleifer, 2010).
2. Applications of diagnostic expectations in general equilibrium models.
3. An introduction to Smooth Diagnostic Expectations.

Feel free to forward this invitation to anyone who may be interested.

Organisers Mirela Miescu and Maya Jalloul