ECON PER Conference: Workshop on Cognitive Noise and Economic Decisions

Venue: The Econ PER conference “Workshop on Cognitive Noise and Economic Decisions”  will be held on Friday, March 31st, 2023. The conference will be held in Faculty House, Presidential Suite, 3rd Floor. (get directions)

Register here: https://events.columbia.edu/go/c_and_d_workshop

Breakfast, lunch and coffee breaks will be located in Presidential Suite

Faculty Organizers:
Mark Dean, Mike Woodford, and Pietro Ortoleva

About the conference: Randomness is ubiquitous in cognitive processes. Long treated as an afterthought, psychologists, neuroscientists, and economists are now recognizing that this `cognitive noise’ is central to understanding behavior across a wide variety of different domains: noise introduces a wedge between perception and reality, and any adaptive decision maker must take this into account. This observation has helped to explain a range of perceptual phenomena and is now being used to understand economic choice. This conference, the latest in a series of Columbia University interdisciplinary conferences on the cognitive foundations of decision-making, brings together leading researchers from economics and cognitive sciences to discuss the latest models of cognitive noise and their application to economics and decision-making.

Conference Schedule: 

8.30: Opening remarks (Pietro Ortoleva and Mark Dean)
8.35: Gaia Tavoni “Human inference reflects a normative balance of complexity and accuracy”
9.20: Benjamin Enke “Quantifying Choice Complexity”

10.05: Break

10.30: Sevgi Yuksel “Seeing What is Representative”
11.15: Angela Yu “Noise or Bias: Systematic Influences on Human Decision Making”

12:00: Lunch

1.30: Valentin Wyart “Cognitive noise in human learning and decision-making: origin, impact, function”
2.15: Cary Frydman “On the Source and Instability of Probability Weighting”

3.00: Break

3.30: Michael Shadlen “When the noise is the signal”
4.15: Michael Woodford “Cognitive Imprecision and Stake-Dependent Risk Attitudes”
5.00: Discussion (led by Mark Dean, Benedetto di Martino, Kyo Iigaya and Pietro Ortoleva)

6.00: Close

Registration is required. Click here to register.