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| Fields of Research | ||||||||||||
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Annual Report 2007-2008 (pdf) |
Bounded Rationality | ||||||||||
| Q: How do people make decisions when time and information are limited and the future is uncertain? A: We address this question by studying heuristics, building blocks, and evolved capacities that underlie decisions. |
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| Ecological Rationality |
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| Q: When does a heuristic succeed or fail? A: We address this question by studying structures of environments and show by analysis and computer simulation which heuristics are successful in which environments. |
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| Social Rationality |
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| Q: Given that humans are social animals, when are decisions made using imitation, advice taking, and other social means rather than being made individually? A: We address this question by studying the structure of social environments and the social heuristics that are used to achieve goals, including social goals. |
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| Evolutionary Rationality |
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| Q: How do our behaviors, emotions, and motivations depend on the environments in which it evolved? A: We address this question by using insights from evolutionary psychology, anthropology, and behavioral ecology to derive and test predictions about how an "old brain" responds to a new world. |
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| Decisions in the Wild |
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| Q: How can results from the ecological rationality approach help laypeople and professionals make better decisions? A: We address this question by educating physicians, judges, and businesspeople in risk communication and in effective fast and frugal decision making. |
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| Update 7/2007 |
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