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Thursday, March 2017

Cary Frydman – “The Role of Salience and Attention in Choice Under Risk: An Experimental Investigation”

Thursday, March 2, 2017, 6:00 pm - 7:30 pm

We conduct two experiments to test the predictions of a recently proposed theory of context-dependent choice under risk called salience theory. The theory predicts that a decision maker’s attention is drawn to precisely defined salient payoffs, and these payoffs are overweighted in the choice process. In our first experiment, subjects choose between risky lotteries and we exogenously manipulate the correlation structure between lotteries; this design feature provides an environment to separate salience theory from expected utility and cumulative prospect theory.…

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Sunday, April 2017

Ben Hayden – “Neuronal Foundations for Economic Value”

Sunday, April 16, 2017, 6:00 pm - 7:30 pm

Value is a central concept in economic theory and in neuroeconomics. Nonetheless, we have only recently begun to understand how the brain evaluates options and compares values to make beneficial choices. These processes appear to involve the coordinated action of multiple prefrontal and striatal regions acting together. Our work suggests that value is an emergent process that depends on the coordinated action of component processes, including memory, executive control, and action selection.

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Peter Dayan – “Betwixt Fast and Slow: Integrating Model-Free and Model-Based Decision Making”

Thursday, April 27, 2017, 6:00 pm - 7:30 pm

Behavioural and neural evidence reveals a retrospective, model-free or habitual process that caches returns previously garnered from available choices, and a prospective, model-based or goal-directed one that putatively relies on mental simulation of the environment. There is much current interest in understanding how these faster and slower systems are integrated to take advantage of the beneficial computational properties of each. I will discuss current theoretical and experimental approaches on the resulting architecture of choice, and note some pressing concerns.

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Thursday, November 2017

Rava da Silveira – “Various approaches to online inference — human behavior and theoretical models”

Thursday, November 9, 2017, 6:00 pm - 7:30 pm

In natural settings, we make decisions based on streams of partial and noisy information. Arguably, we summarize the perceived information into a probabilistic model of the world, which we can exploit to make decisions. This talk will explore such ‘mental models’ in the context of idealized tasks that can be carried out in the laboratory and modeled quantitatively. The starting point of the talk will be a sequential inference task that probes inference in changing environments, in humans. I will…

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Tuesday, December 2017

Joe Kable – “Fractioning the Prospective Brain” [Joint with SCCN Seminar]

Tuesday, December 12, 2017, 4:00 pm - 5:00 pm

Though neuroscientists have developed an exquisitely detailed understanding of the role of different brain regions in perceiving the external world, our understanding of the relevant functional modules that enable brains to plan based on internal models of the world is much more impoverished. Here Dr. Kable will argue for a broad division within the brain’s “default mode” between networks critical for the generation of internal simulations and mental models and networks involved in evaluating the outputs and results of such…

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1022 International Affairs Building (IAB)
Mail Code 3308  
420 West 118th Street
New York, NY 10027
Ph: (212) 854-3680
Fax: (212) 854-0749
Business Hours:
Mon–Fri, 9:00 a.m.–5:00 p.m.

1022 International Affairs Building (IAB)

Mail Code 3308

420 West 118th Street

New York, NY 10027

Ph: (212) 854-3680
Fax: (212) 854-0749
Business Hours:
Mon–Fri, 9:00 a.m.–5:00 p.m.
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