Decision-making usually involves a mixture of intuition and rational thinking; critical factors, including personal biases and blind spots, are often unconscious, which makes decision-making hard ...

We consider a (boundedly rational) decision maker who does not find her new optimal consumption bundle with certainty when she is faced with a new income level. This alters her indirect utility ...

In the shorter run, however, it can be ethically ambiguous to discern what respecting patient autonomy means, if the nature of the mental health duress impairs or renders inconsistent rational ...

Participants with autism took more time to decide only when they could make more money than the other player and made less selfish offers.

Summit in Las Vegas, Liv Boeree — professional poker champion and astrophysicist — shared her insights on rational decision-making, risk, and uncertainty.

The LSE Choice Group is a group of philosophers, political scientists and economists based mainly at the LSE and with a shared interest in the theory of rational judgement and decision making in ...