Decision theory in crisis. Decision theory's goals are to characterise and to guide rational decision-making—from the minor decisions of daily life, to the major decisions of industry and government— which, in its current state, it is unfit to do. This project will refine decision theory so that it may better achieve these goals.
Making Better Decisions: An Investigation of Time-Biases. The aim of this project is to empirically and normatively evaluate two kinds of time-biases.
Using an interdisciplinary approach, this project will empirically investigate near-bias and future-bias in a unified manner, and use this data to inform theorising about the rationality of time-biased preferences. The project will yield a rich account of the conditions under which we display time-biases and the likely mechanisms that underlie th ....Making Better Decisions: An Investigation of Time-Biases. The aim of this project is to empirically and normatively evaluate two kinds of time-biases.
Using an interdisciplinary approach, this project will empirically investigate near-bias and future-bias in a unified manner, and use this data to inform theorising about the rationality of time-biased preferences. The project will yield a rich account of the conditions under which we display time-biases and the likely mechanisms that underlie them.
This project will determine whether, and when, time-biased preferences lead to sub-optimal outcomes, and lay the groundwork for determining which strategies mitigate these biases, leading to better decisions and outcomes.Read moreRead less