The Cognition and Decision Lab is a joint venture among principal investigators Michael WoodfordMark Dean and Hassan Afrouzi, faculty members of the Economics Department at Columbia University. The lab's aim is to use tools and techniques from Economics, Neuroscience, and Psychology to better understand the cognitive processes underlying economic decision making. Current projects include studying the way in which limited attention is allocated during choice and understanding the role of incomplete preferences in economic decision making. For more information, please contact one of the principal investigators.

Announcements

Apr 17, 2021

The Administration for Children and Families (ACF), Office of Planning, Research, and Evaluation (OPRE) anticipates soliciting applications for Behavioral Interventions Scholars grants to support dissertation research by advanced graduate students who are using approaches grounded in behavioral science or behavioral economics to examine specific research questions of relevance to social services programs and policies. Click here for more information.

Latest News

June 18, 2021

Mike's paper with Ben Hebert, "Neighborhood-Based Information Costs," is now forthcoming in the American Economic Review. And his paper with Elise Payzan-LeNestour, "Outlier Blindness: A Neurobiological Foundation for Neglect of Financial Risk," is now forthcoming in the Journal of Financial Economics.

June 18, 2021

Arthur has a new working paper with Mike on "Bias and Variance of the Bayesian-Mean Decoder," available on arXiv

April 5, 2021

Hassan has a new working paper with Choongryul Yang on "Selection in Information Acquisition and Monetary Non-Neutrality."  

Behavioral Group 2019 (4).jpg