Prediction, Inference, and Choice — NSF Award to Massachusetts Institute of Technology (MA, $272,750)
This research focuses on understanding how people make decisions and interact based on information. One part explores the long-run implications of people not fully accounting for the ways that their memory can be limited or imperfect, which can lead them to, for example, overestimate their abilities and/or neglect larg
| Award title | Prediction, Inference, and Choice |
|---|---|
| Award ID | 2417162 |
| Awardee | Massachusetts Institute of Technology |
| City | CAMBRIDGE |
| State | MA |
| Amount obligated | $272,750 |
| Principal investigator | Drew Fudenberg |
| Program | Economics |
| Start date | 09/01/2024 |
| Abstract | This research focuses on understanding how people make decisions and interact based on information. One part explores the long-run implications of people not fully accounting for the ways that their memory can be limited or imperfect, which can lead them to, for example, overestimate their abilities and/or neglect large but infrequent losses. This work has important implications for such macroeconomic issues as why stocks tend to outperform bonds even after correcting for risk, and also helps ex |
| Source | NSF Awards |
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