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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.


March 31, 2023

Mike, Mark, and former lab member Pietro Ortoleva are organizing an amazing Workshop on Cognitive Noise and Economic Decisions! Have a look here at the impressive list of speakers + more info. Date of the event: Friday, March 31, 2023, 8:30 am - 6:00 pm.

Monday, February 6, 2023

On Monday, February 6, Nick Barberis will be guest speaker in the Cognition and Decision Seminar Series, and will talk about "Model-free and Model-based Learning as Joint Drivers of Investor Behavior". The event will take place at the Columbia Zuckerman Institute. Registration here.

Latest News

January 2023

Mike will be presenting his new work with Lab alumnus Guy Aridor, "Information-Constrained Coordination of Economic Behavior," as a keynote address at the Workshop on Computational and Experimental Economics at Simon Fraser University.

January 2023

Mike has a new preprint with Xuexin Wei, "Representational Geometry Explains Puzzling Error Distributions in Behavioral Tasks,” posted on bioRXiv.

January 2023

Mike's paper with Ben Hébert, "Rational Inattention when Decisions Take Time," is now forthcoming in Journal of Economic Theory, and available online here.

January 2023

Impressive! Tianhao Liu received Columbia Economics Department's Harriss 2nd-Year Paper Award for "Beyond Unbounded Beliefs: Observational Learning with Multiple States".

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