The renowned St. Petersburg paradox is likely the earliest known behavioral dilemma and is thought to have catalyzed the development of "decision theory" as a scientific field. The paradox was ...

These theories and a better understanding of irrational decision-making inspired further developments in behavioral economics. American economist and Nobel laureate Richard Thaler outlined mental ...

Organizations around the globe are increasingly using insights from the field of behavioral ... economic model of decision making Dissect what systematic bias is and learn about the most cited and ...

Some topics of special interest include decision theory, especially issues related to modeling uncertainty and ambiguity; the effect and mitigation of externalities; optimal regulation; ...

Booth’s curriculum brings together theory and research from psychology ... In fall 2018, PIMCO and the Roman Family Center for Decision Research announced a partnership in support of the center's ...