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Economics and Finance
Netherlands
2026

D-Index & Metrics

Economics and Finance

D-Index
70
Citations
21332
World Ranking
465
National Ranking
13

Research.com Recognitions

  • 2026 - Research.com Economics and Finance in Netherlands Leader Award
  • 2025 - Research.com Economics and Finance in Netherlands Leader Award
  • 2024 - Research.com Economics and Finance in Netherlands Leader Award
  • 2022 - Research.com Economics and Finance in Netherlands Leader Award
  • 2004 - Royal Netherlands Academy of Arts and Sciences
  • 2003 - Fellows of the Econometric Society

Overview

Peter P. Wakker is affiliated with Erasmus University Rotterdam in the Netherlands. Their research primarily spans the fields of Decision Sciences and Economics, Econometrics, and Finance, with a significant body of work in related subfields such as General Decision Sciences, Economics and Econometrics, Artificial Intelligence, Management Science and Operations Research, and Safety Research.

The topics they focus on include Decision-Making and Behavioral Economics, Bayesian Modeling and Causal Inference, Economic and Environmental Valuation, Health Systems and Economic Evaluations related to Quality of Life, Experimental Behavioral Economics Studies, Multi-Criteria Decision Making, and Economic Theories and Models.

Their recent papers comprise the following publications:

  • "Prince: An improved method for measuring incentivized preferences" (2021), published in Journal of Risk and Uncertainty
  • "Social and strategic ambiguity versus betrayal aversion" (2020), published in Games and Economic Behavior
  • "Belief hedges: Measuring ambiguity for all events and all models" (2021), published in Journal of Economic Theory
  • "Economists' views on the ergodicity problem" (2020), published in Nature Physics
  • "Savage for dummies and experts" (2020), published in Journal of Economic Theory

Frequent coauthors of Peter P. Wakker include Chen Li, Aurélien Baillon, Han Bleichrodt, Cathleen Johnson, and Zhihua Li.

The venues where they have published multiple works include:

  • Journal of Economic Theory
  • SSRN Electronic Journal
  • Journal of Risk and Uncertainty
  • Games and Economic Behavior
  • Nature Physics

Peter P. Wakker has been recognized in the academic community with awards including membership in the Royal Netherlands Academy of Arts and Sciences (2004) and Fellowship of the Econometric Society (2003).

Best Publications

  • Back to Bentham? Explorations of Experienced Utility

    Daniel Kahneman;Peter P. Wakker;Rakesh K. Sarin

  • Prospect Theory: For Risk and Ambiguity

    Peter P. Wakker

  • Additive Representations of Preferences: A New Foundation of Decision Analysis

    Peter P. Wakker

  • Risk attitudes and decision weights

    Amos Tversky;Peter Wakker

  • The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation

    Mohammed Abdellaoui;Aurélien Baillon;Laetitia Placido;Peter P. Wakker

  • An Index of Loss Aversion

    Veronika Köbberling;Peter P. Wakker

  • An Axiomatization of Cumulative Prospect Theory

    Peter Wakker;Amos Tversky

  • Eliciting von Neumann-Morgenstern Utilities When Probabilities Are Distorted or Unknown

    Peter Wakker;Daniel Deneffe

  • Making Descriptive Use of Prospect Theory to Improve the Prescriptive Use of Expected Utility

    Han Bleichrodt;Jose Luis Pinto;Peter P. Wakker

  • Separating Marginal Utility and Probabilistic Risk Aversion

    Peter Wakker

  • Original and cumulative prospect theory: a discussion of empirical differences

    Hein Fennema;Peter Wakker

  • Explaining the characteristics of the power (CRRA) utility family.

    Peter P. Wakker

  • A simple axiomatization of nonadditive expected utility

    Rakesh Sarin;Peter Wakker

  • On the intuition of rank-dependent utility

    Enrico Diecidue;Peter P. Wakker

  • The Utility of Health States After Stroke A Systematic Review of the Literature

    Piet N. Post;Anne M. Stiggelbout;Peter P. Wakker

  • A truth serum for non-Bayesians : correcting proper scoring rules for risk attitudes

    T.J.S. Offerman;J.H. Sonnemans;G. van de Kuilen;P.P. Wakker

  • Testing and Characterizing Properties of Nonadditive Measures through Violations of the Sure-Thing Principle

    Peter P. Wakker

  • Causes of Ambiguity Aversion: Known versus Unknown Preferences.

    Stefan T. Trautmann;Ferdinand M. Vieider;Peter P. Wakker

  • Ambiguity Attitudes in a Large Representative Sample

    Stephen G. Dimmock;Roy Kouwenberg;Peter P. Wakker

  • Probabilistic Insurance

    Unknown

  • Additive Representations of Preferences, A New Foundation of Decision Analysis; The Algebraic Approach

    Peter Wakker

  • The Rich Domain of Uncertainty: Source Functions and Their Experimental Implementation

    Mohammed Abdellaoui;Laetitia Placido;Aurélien Baillon;Peter Wakker

Frequent Co-Authors

Han Bleichrodt
Han Bleichrodt Erasmus University Rotterdam
David Schmeidler
David Schmeidler Tel Aviv University
Ido Erev
Ido Erev Technion – Israel Institute of Technology
Ulrich Schmidt
Ulrich Schmidt Kiel Institute for the World Economy
Danielle R.M. Timmermans
Danielle R.M. Timmermans Vrije Universiteit Amsterdam
Amos Tversky
Amos Tversky Stanford University
Elke U. Weber
Elke U. Weber Princeton University
Marcel Zeelenberg
Marcel Zeelenberg Tilburg University
Craig R. Fox
Craig R. Fox University of California, Los Angeles

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