Spyros Galanis

City, University of London

Senior Lecturer/Associate Professor

Northampton Square

London, EC1V 0HB

United Kingdom

SCHOLARLY PAPERS

11

DOWNLOADS

201

CITATIONS
Rank 19,472

SSRN RANKINGS

Top 19,472

in Total Papers Citations

24

Ideas:
“  My main research focuses on the role that uncertainty, information and bounded perception have on single- and multi-agent decision making. I examine under which conditions speculative trade occurs, in three different settings: when traders have a bounded perception of their uncertainty due to their unawareness, when they are dynamically and time inconsistent, and when they are not financially sophisticated enough to formulate complex trading strategies. I also study when information is valuable and whether markets (including the newly formulated "prediction" markets) aggregate and reveal information through their price mechanism. Finally, a new research interest of mine involves public finance, and in particular an empirical estimation of the Laffer curve using a theoretical model of tax evasion with strategic complementarities.  ”

Scholarly Papers (11)

1.

Dynamic Consistency, Valuable Information and Subjective Beliefs

Number of pages: 39 Posted: 31 Mar 2016 Last Revised: 13 Feb 2019
Spyros Galanis
City, University of London
Downloads 47 (393,693)
Citation 2

Abstract:

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Updating, Ambiguity, Dynamic Consistency, Bayesian, Consequentialism, Value of Information, No Trade, Speculative Trade

2.

Concern for Relative Standing and Deception

IZA Discussion Paper No. 8442
Number of pages: 35 Posted: 27 Sep 2014
Spyros Galanis and Michael Vlassopoulos
City, University of London and University of Southampton
Downloads 30 (461,510)

Abstract:

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deception, lying, sender-receiver game, concern for rank

3.

Information Aggregation in Dynamic Markets Under Ambiguity

Number of pages: 51 Posted: 15 Jun 2018 Last Revised: 12 Jul 2018
Spyros Galanis and Stelios Kotronis
City, University of London and University of Southampton
Downloads 25 (487,052)
Citation 1

Abstract:

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Information Aggregation, Ambiguity Aversion, Financial Markets, Information Markets, Prediction Markets

4.

Admissibility and Event-Rationality

Games and Economic Behavior, Vol. 77, 2013
Number of pages: 40 Posted: 07 Jun 2010 Last Revised: 18 Apr 2018
Paulo Barelli and Spyros Galanis
University of Rochester - Department of Economics and City, University of London
Downloads 25 (487,052)
Citation 1

Abstract:

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epistemic game theory, admissibility, iterated weak dominance, common knowledge, rationality, completeness

5.

Financial Complexity and Trade

Games and Economic Behavior, Forthcoming
Number of pages: 25 Posted: 12 Jun 2018 Last Revised: 10 Sep 2018
Spyros Galanis
City, University of London
Downloads 23 (498,022)

Abstract:

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Financial Complexity, Financial Crises, Agreeable Bets, Agreeable Trades, No Trade, Betting, Ambiguity Aversion

6.

The Value of Information Under Unawareness

Journal of Economic Theory, Vol. 157, 2015
Number of pages: 12 Posted: 15 Feb 2018 Last Revised: 18 Apr 2018
Spyros Galanis
City, University of London
Downloads 14 (550,127)
Citation 9

Abstract:

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unawareness, value of information, uncertainty, knowledge, bounded perception, awareness

7.

Updating Awareness and Information Aggregation

Number of pages: 19 Posted: 06 Jan 2019 Last Revised: 09 Jul 2019
Spyros Galanis and Stelios Kotronis
City, University of London and University of Southampton
Downloads 12 (562,165)

Abstract:

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Agreement, Information Aggregation, Unawareness, Financial Markets, Information Markets, Prediction Markets

8.

Speculation Under Unawareness

Games and Economic Behavior, Vol. 109, 2018
Number of pages: 32 Posted: 15 Feb 2018 Last Revised: 18 Apr 2018
Spyros Galanis
City, University of London
Downloads 11 (568,285)
Citation 2

Abstract:

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unawareness, trade, speculation, knowledge, common knowledge, bounded perception, awareness

9.

The Value of Information in Risk-Sharing Environments with Unawareness

Games and Economic Behavior, Vol. 97, 2016
Number of pages: 25 Posted: 15 Feb 2018 Last Revised: 18 Apr 2018
Spyros Galanis
City, University of London
Downloads 8 (586,868)
Citation 3

Abstract:

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unawareness, value of information, risk-sharing, uncertainty, knowledge, bounded perception, awareness

10.

Unawareness of Theorems

Number of pages: 33 Posted: 12 Jun 2018
Spyros Galanis
City, University of London
Downloads 3 (621,025)
Citation 7

Abstract:

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unawareness, uncertainty, knowledge, interactive epistemology, bounded perception

11.

Syntactic Foundations for Unawareness of Theorems

Theory and Decision, Vol. 71, No. 4, 2011
Number of pages: 21 Posted: 12 Jun 2018
Spyros Galanis
City, University of London
Downloads 3 (621,025)
Citation 3

Abstract:

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unawareness, uncertainty, knowledge, interactive epistemology, modal logic, bounded perception