faculty, students, and guests join forces to explore the rational basis of decision-making. Coming from a broad sweep of departments (mathematics, economics, psychology, biology, education, computer science, philosophy, political science, business, statistics, and law), its members look at how rationality — which, in decision-making, means the process by which individuals, groups, firms, plants, and other entities choose the path of maximum benefit — responds to real-world situations where individuals with different goals interact.
They say they are inspired by the work of John Aumann and Menahem Yaari.
There’s also the Federmann Center for the Study of Rationality, founded in 1991, where
They say they are inspired by the work of John Aumann and Menahem Yaari.