dimacs logo color

Events

Event Calendar

« Previous Month

August 2026

Next Month »
Sun Mon Tue Wed Thu Fri Sat
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Seminar Details

Risky Decisions: How Mathematical Paradoxes and Other Conundrums Have Shaped Economic Science

  • Start Date: December 3, 2020
  • Event Start Time: 5:00 PM
  • Event End Time: 6:00 PM
  • Seminar Series: Experimental Math Seminar
  • Presenter(s): George Szpiro - Neue Zürcher Zeitung
  • Event Location: Online Event
  • Event Additional Info: <p>Presented Via Zoom: <a href="https://rutgers.zoom.us/j/94346444480">https://rutgers.zoom.us/j/94346444480</a></p> <p>&nbsp;</p> <p>Password: 6564120420</p> <p>&nbsp;</p>
  • Presentation Type: Stand Alone Presentation
  • Abstract:

    Abstract: At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theories of optimal decision making in situations of constraint, risk, and scarcity. Yet not all of our choices are purely logical, and so there is a longstanding tension between those emphasizing the rational and irrational sides of human behavior. One strand develops formal models of rational utility maximizing while the other draws on what behavioral science has shown about our tendency to act irrationally.