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The DEB Seminar

Introduction

The Decisions, Experience and Behavior Seminar, Monthly virtual series

INTEREST CATEGORY: CONSUMER BEHAVIOR
POSTING TYPE: Events

Author: Yefim Roth


We are excited to announce a new monthly virtual seminar series

The Decisions, Experience and Behavior Seminar, or the DEB Seminar!

The goal of this seminar is to take advantage of the virtual format and allow the JDM community, and especially those interested in research focusing on repeated decisions, to learn about the most innovative recent work on this topic. The seminar will be held on the first Tuesday of each month between 14:00 and 15:00 CET. Starting February 1st.

Our first two speakers are Prof. Ralph Hertwig (on Feb 1st) and Prof. Katherine L. Milkman (on March 1st):

We will notify on upcoming talks via our mailing list, to which you can

As mentioned, our first speaker is Prof. Ralph Hertwig, the director of the Center for Adaptive Rationality in The Max Planck Institute for Human Development, Berlin

The zoom link is:

Title: “A description-experience framework of the psychology of riskâ€

Abstract:

The modern world holds countless risks for humanity, both large-scale and intimately personal—from cyberwarfare, pandemics, and climate change to sexually transmitted diseases and drug use and abuse. Many risks have prompted institutional, regulatory, and technological countermeasures, the success of which depends to some extent on how individuals learn about the risks in question. We distinguish between two powerful but imperfect teachers of risk. First, people may learn by consulting symbolic and descriptive material, such as warnings, statistics, and images. More often than not, however, a risk’s fluidity defies precise description. Second, people may learn about risks through personal experience. Responses to risk can differ systematically depending on whether people learn through one mode, both, or neither. One reason for these differences—and by no means the only reason—is the discrepancy in the cognitive impact that rare events (typically the risk event) and common events (typically the nonoccurrence of the risk event) have on the decision maker. We propose a description–experience framework that highlights not only the impact of each mode of learning but also the effects of their interplay on individuals’ and collectives’ responses to risk. We outline numerous research questions and themes suggested by this framework.

The organizing team: Yefim Roth, Ori Plonsky, Kinneret Teodorescu and Ido Erev.