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Ideas

Topic: Decision Theory

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Project

What is a Rational Response to Catastrophic Risk?

When it comes to low probability-high impact (even catastrophic) risk, the judgment of ordinary people, it seems, is not to be trusted.

Project

The theoretical alignment of Bayesian statistics and cumulative prospect theory

The focus of this research is combining Bayesian statistics, in particular Bayesian data analysis, with utility theory.

Richard Torkar Richard Torkar

Project

Flexibly-bounded Rationality and Marginalisation of Irrationality Theories for Decision Making

In this study the theory of flexibly-bounded rationality which is an extension to the theory of bounded rationality is studied.

Tshilidzi Marwala Tshilidzi Marwala
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Tel: +27 (0)21 808 2963
Email: stias@sun.ac.za

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