Jimmy Martinez-Correa

Jimmy holds a PhD in Risk Management and Insurance from Georgia State University, Atlanta, USA. His research interests lie at the heart of decision-making under uncertainty. He uses experimental economics, registry data, and econometric techniques to empirically test theories of behaviour under uncertainty. He studies how decision units like individuals, households, or firms make real-life decisions under uncertainty such as financial investing, saving for retirement, mortgage loans, and firm bankruptcy.

Education

• J. Mack Robinson College of Business, Georgia State University Ph. D., Risk Management and Insurance, Summer 2012. Dissertation Title: “Decision Under Risk, Uncertainty and Ambiguity: Theory and Experiments” Dissertation Committee: James C. Cox, Glenn W. Harrison (Chair), Ajay Subramanian and Eric Ulm.
• Universidad de los Andes (Bogotá, Colombia) M.A., Economics, 2005 Thesis Title: “Valuation of Mortgage-Backed Securities in Colombia: An Option Adjusted Spread Approach” Supervisor: Camilo Zea
• Universidad de los Andes (Bogotá, Colombia) B.A., Economics, 2003

Primary research areas

• Decisions under Risk, Uncertainty and Ambiguity
• Experimental Economics
• Behavioral Economics and Finance
• Risk Management and Insurance

Selected publications

• Harrison, Glenn W., Martínez-Correa, Jimmy, and Swarthout, Todd J. (2012). Inducing Risk Neutral Preferences with Binary Lotteries: A Reconsideration. Journal of Economic Behavior and Organization. Forthcoming.
• Harrison, Glenn W., Martínez-Correa, Jimmy, and Swarthout, Todd J. (2012). Reduction of Compound Lotteries with Objective Probabilities: Theory and Evidence. CEAR Working Paper 2012-05, Center for the Economics Analysis of Risk, Robinson College of Business, Georgia State University.
• Harrison, Glenn W., Martínez-Correa, Jimmy, and Swarthout, Todd J. (2012). Eliciting Subjective Probailities with Binary Lotteries. EXCEN Working Paper 2012-16, Andrew Young School of Policy Studies, Georgia State University.
• Martínez-Correa, Jimmy. (2012). “Risk Management and Insurance Decisions under Ambiguity,” in Decisions under Risk, Uncertainty and Ambiguity: Theory and Experiments, PhD Dissertation, Georgia State University, 2012.