Homo sapiens “the wise man”,as the name suggests,is characterized by intelligence and rationality.To better understand human decision rationality,we take
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