Auster Lab

University of Bonn

Nordrhein-Westfalen (DEA) · Germany

ERC-funded
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Research focus

ERC Starting Grant · 2024

Information Economics With Fundamental Uncertainty: Robustness, Commitment, and Strategic Incentives

Many pivotal decisions hinge on navigating fundamental uncertainty, where a comprehensive description of the relevant contingencies and exact odds remains elusive. This project explores how such uncertainty influences learning, innovation, and strategic information sharing. While previous research has made significant strides in exploring information incentives, it predominantly revolves around scenarios with well-defined risks, neglecting the intricate real-world challenges of rapidly evolving, complex environments. My approach leverages decision-theoretic advances to construct novel theoretical frameworks of active learning and strategic disclosure, shedding light on the implications of…

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