Discovery Projects - Grant ID: DP180103613

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP180103613

Funding Status
Closed

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Funded Activity Summary

The value of time during decisions. This project aims to investigate how people value time during decision making. Using an innovative combination of carefully designed experiments and state-of-the-art mathematical cognitive models, this project expects to generate new knowledge regarding how efficiently people allocate time when making decisions, the factors that allow people to perform optimally and those that lead to suboptimal performance. The anticipated outcome of the project is a new framework for understanding the optimality of human decision making. This outcome has the potential benefit of providing insight into decision mechanisms across a range of contexts, particularly ageing and models of applied decision making.

Funded Activity Details

Start Date: 01-04-2018

End Date: 18-06-2021

Funding Scheme: Discovery Projects

Funding Amount: $327,019.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Cognitive Science | Psychological Methodology, Design and Analysis | Decision Making

ANZSRC Socio-Economic Objective (SEO)

Expanding Knowledge in Psychology and Cognitive Sciences |

Other Keywords

Cognitive Science | Decision Making | Expanding Knowledge in Psychology and Cognitive Sciences | Psychological Methodology, Design and Analysis

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