Discover our list of content: future events & news

CEE-M's events

  • Home
  • Events
  • Changes in preferences after a military mission: learning or traumatic effects?
back
BE Seminar

Economics and Finance, Experimental and Behavioural Seminar

Changes in preferences after a military mission: learning or traumatic effects?

Speaker

Olivier Chanel
AMSE, Chercheur au CNRS

Website

Building on psychological theories incorporating the role of emotion into decision-making, this paper proposes a theoretical framework accounting for learning and traumatic effects. In this model, individuals revise their perception of their emotional sensitivity through experiencing an extreme event. Using surveys conducted on Danish soldiers before and after deployment to Afghanistan in 2011, we test how learning effects and/or traumatic effects may impact individual preferences. To disentangle learning effects and traumatic effects, we focus on soldiers actually exposed to combat and we exploit the fact that in modern wars, exposure to combat intensity is plausibly exogenous. We find that combat exposure has an impact on personality traits, emotions and the perception of exposure to risks in daily life. In terms of learning effect, learning about own sensitivity regarding Fear has a significant impact on risk and time preferences, especially for loss aversion, while there appears to be less of a trauma effect.

CO authors : Stéphanie Vincent Lyk-Jensen and Jean-Christophe Vergnaud

Practical information

Location

UMR CEE-M
Université Montpellier - Faculté d'économie, salle 416
Avenue Raymond Dugrand 34960 Montpellier

Dates & time

May 16, 2019
14:00
16
May

Contact

Marc Willinger
View mail