The e-mail below is forwarded on behalf of Todd Kaplan.

All the best,

Ofer

````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````
Prof. Ofer H. Azar

Head of the Multidisciplinary Specialty, Department of Business Administration, Ben-Gurion University of the Negev
Editor, Journal of Behavioral and Experimental Economics (formerly the Journal of Socio-Economics)

Associate Editor, Journal of Economic Behavior and Organization

Associate Editor, Journal of Economic Psychology
Personal website: http://www.oferazar.com/

From: Todd R. Kaplan [mailto:[log in to unmask]]
Sent: Monday, 6 October, 2014 21:05
To: Ofer Azar
Subject: Exeter Prize Announcement

We are happy to announce the winner of the 2014 Exeter Prize for the best paper published in the previous calendar year in a peer-reviewed journal in the fields of Experimental Economics, Behavioural Economics and Decision Theory.

The winner is Tomasz Strzalecki for his paper “Temporal Resolution of Uncertainty and Recursive Models of Ambiguity Aversion” published in Econometrica.

This paper elegantly brings together several important strands of behavioral literature that have each found important applications in finance and macroeconomics. Strzalecki shows that how we model ambiguity aversion has profound implications on economic agents’ preferences over the timing of the resolution of uncertainty. It is a paper that can convince other economists to use one model as opposed to another; few decision-theoretic papers are relevant in this way. 

The winning paper was selected by the panel of Glenn Harrison (Georgia State University), Itzhak Gilboa (Tel Aviv University) and Shmuel Zamir (Hebrew University and the University of Exeter).

Tomasz will be visiting the University of Exeter in December 2014 to receive the award and give a public lecture. In addition, the University of Exeter Economics Department will organize a workshop themed to fit the topic of the prize-winning paper.

This year was exceptionally competitive with a large number of excellent nominations. In addition to the winner, this year’s shortlist was:

 - Barseghyan, L., Molinari, F., O'Donoghue, T. and Teitelbaum, J. 2013. "The Nature of Risk Preferences: Evidence from Insurance Choices." American Economic Review 103(6), 2499-2529.

 - Gurdal, M.Y., Miller, J.B., and Rustichini, A. 2013. "Why Blame?" Journal of Political Economy 121 (6), 1204-1247.

 - Sah, S., Lowenstein, G., and Cain, D. 2013. "The Burden of Disclosure: Increased Compliance With Distrusted Advice." Journal of Personality and Social Psychology 104(2), 289-304.

 - Sonnemann, U., Camerer, C.F., Fox, C.R., and Langer, T. 2013. "How Psychological Framing Affects Economic Market Prices in the Lab and Field." Proceedings of the National Academy of Sciences 110 (29), 11779-11784.

As stated above the best paper was awarded from the following fields: Experimental Economics, Behavioural Economics and Decision Theory and papers qualified under one of the following categories:

1. Any paper that involves either lab or field experiments. 

2. Any purely theoretical paper that involves "behavioral" theory (for example, non-expected utility).

3. Any empirical work that shows evidence for behavioral models (that fit under 2) or tests/rejects models (that fit under 2).

Miguel Fonseca

Todd Kaplan

Eva Poen