Spyros Galanis

Durham University

Durham, DH1 3LE

Great Britain

SCHOLARLY PAPERS

15

DOWNLOADS

1,472

TOTAL CITATIONS
Rank 24,721

SSRN RANKINGS

Top 24,721

in Total Papers Citations

55

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.  ”

Scholarly Papers (15)

1.

Information Aggregation Under Ambiguity: Theory and Experimental Evidence

Review of Economic Studies, forthcoming
Number of pages: 63 Posted: 15 Jun 2018 Last Revised: 26 Jan 2024
Durham University, Centre d’Économie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne and Durham University
Downloads 320 (194,841)
Citation 3

Abstract:

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

2.

Information Aggregation with Costly Information Acquisition

Number of pages: 53 Posted: 14 Sep 2023 Last Revised: 22 Nov 2024
Spyros Galanis and Sergei Mikhalishchev
Durham University and Durham University
Downloads 292 (214,775)

Abstract:

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C91, D82, D83, D84, G14, G41 Information Aggregation, Information Acquisition, Financial Markets, Prediction Markets

3.

Dynamic Consistency, Valuable Information and Subjective Beliefs

Economic Theory, 71, 1467–1497
Number of pages: 32 Posted: 31 Mar 2016 Last Revised: 17 Sep 2022
Spyros Galanis
Durham University
Downloads 116 (490,432)
Citation 5

Abstract:

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

4.

Concern for Relative Standing and Deception

IZA Discussion Paper No. 8442
Number of pages: 35 Posted: 27 Sep 2014
Spyros Galanis and Michael Vlassopoulos
Durham University and University of Southampton
Downloads 115 (493,574)

Abstract:

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

5.

No Trade in a Blockchain

Number of pages: 14 Posted: 18 May 2020 Last Revised: 04 Jun 2024
Spyros Galanis
Durham University
Downloads 105 (527,637)
Citation 1

Abstract:

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JEL Classification Numbers: D82, D83, D84, G14, G41 Blockchain, cryptocurrencies, oracles, no trade, agreeing to disagree

6.

Group Testing and Social Distancing

Number of pages: 11 Posted: 24 Apr 2020 Last Revised: 14 Apr 2021
Spyros Galanis
Durham University
Downloads 96 (560,821)
Citation 1

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COVID-19, social proximity, health, infections, social distancing

7.

Financial Complexity and Trade

Games and Economic Behavior
Number of pages: 25 Posted: 12 Jun 2018 Last Revised: 26 Sep 2024
Spyros Galanis
Durham University
Downloads 73 (657,911)
Citation 1

Abstract:

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

8.

Updating Awareness and Information Aggregation

B.E. Journal of Theoretical Economics
Number of pages: 21 Posted: 06 Jan 2019 Last Revised: 02 Oct 2020
Spyros Galanis and Stelios Kotronis
Durham University and Durham University
Downloads 68 (682,561)
Citation 4

Abstract:

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

9.

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
Durham University
Downloads 57 (743,875)
Citation 10

Abstract:

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

10.

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 Durham University
Downloads 56 (750,039)
Citation 3

Abstract:

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

11.

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
Durham University
Downloads 44 (832,637)
Citation 3

Abstract:

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

12.

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
Durham University
Downloads 38 (881,266)
Citation 5

Abstract:

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

13.

Speculative Trade and the Value of Public Information

Journal of Public Economic Theory, Volume 23, Issue 1, pp. 53-68, February 2021
Number of pages: 17 Posted: 24 Oct 2019 Last Revised: 24 Feb 2021
Spyros Galanis
Durham University
Downloads 31 (945,125)

Abstract:

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

14.

Unawareness of Theorems

Economic Theory, 52:1, pp. 41-73, January 2013
Number of pages: 33 Posted: 12 Jun 2018 Last Revised: 24 Feb 2021
Spyros Galanis
Durham University
Downloads 31 (945,125)
Citation 15

Abstract:

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unawareness, uncertainty, knowledge, interactive epistemology, bounded perception

15.

Syntactic Foundations for Unawareness of Theorems

Theory and Decision, Vol. 71, No. 4, 2011
Number of pages: 21 Posted: 12 Jun 2018
Spyros Galanis
Durham University
Downloads 30 (955,143)
Citation 4

Abstract:

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