UCL Centre for The Study of Decision-Making Uncertainty

I'm proud to be a founding member of The UCL Centre for The Study of Decision Making Uncertainty, led by my colleague and friend David Tuckett. The Centre is being sponsored by UCL and The Institute for New Economic Thinking, and we're doing important work on the idea that people very often do not use so-called "rational" processes (in bounded, satisficing, or even probabilistic forms) in their real decision making. We believe that emotional conviction processes, innovative and imaginative thinking processes, and many other traditionally-deprecated modes of real human decision making are under-examined in fields like economics and artificial intelligence. We believe these modes of decision making are often-effective human adaptations, but can also lead to decision-making dysfunctions in some psychological and social contexts, and therefore their serious study is imperative. The centre is about bringing multi-disciplinary research to bear in this area.