Thursday, March 27, 2014 | Franklin Hall, Presidents Hall | 7:30 PM
The Office of the Vice Provost for Faculty and Academic Affairs announces the upcoming free lectures. Whom to marry? How to invest? Whom to trust? Complex problems require complex solutions – so we might think. The study of heuristics has three goals. The first is descriptive: to analyze the heuristics in the “adaptive toolbox” of an individual or an institution. The second goal is normative: to identify the ecological rationality of a given heuristic, that is, the structures of environments in which it succeeds and fails. The third goal is engineering: to design intuitive heuristics such as fast-and-frugal trees that help physicians make better decisions.