Lael Schooler will introduce the simple heuristics research program that studies decision strategies that can make effective decisions in an uncertain world
Risky decision making is a complex process that involves weighing the probabilities of alternative options that can be desirable,undesirable,or neutral.Indi
Humans demonstrate an inherent bias towards making maladaptive decisions,as shown by a phenomenon known as the gambler’s fallacy (GF).The GF has been tradi
Understanding how people make risky decisions is a promising target for basic scientific research.The dominant theories about risky decision-making (e.g.,EV