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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.


Summer 2023

This summer, Dilip and Mark will present their paper "A Better Test of Choice Overload" everywhere on the planet or so, including the Bounded Rationality in Choice Conference (BRIC; June 3-4, Northwestern), the North American Summer Meeting of the Econometric Society (NASM; June 22-25, Los Angeles), and the meeting of the European Economic Association (EEA-ESEM; Aug 28-Sept 1, Barcelona).

Latest News

January 2024

Hassan's paper titled "Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money" has been accepted for publication in the Journal of Political Economy.

June 2023

Giulia's paper on "Strategy inference during learning via cognitive activity-based credit assignment models" has been accepted for publication in Scientific Reports.

June 2023

Mike spoke about his work with Guy Aridor and Rava da Silveira on learning compressed representations of past experience at the 2023 Workshop on Memory, Beliefs and Choice, in Orlando, Florida (MBC2023).

May 2023

Mike has a new working paper with Lab alumnus Guy Aridor and Rava Azeredo da Silveira, "Information-Constrained Coordination of Economic Behavior."

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