Choice under Uncertainty: Evidence Contradicting the Standard Model

Content for Thursday, January 23, 2025

These slides discuss evidence that goes against the expected-utility model and heavily emphasizes the groundbreaking work of Amos Tversky and Daniel Kahneman. If you’d like to read more about them, I recommend the book The Undoing Project by Michael Lewis. (It’s a little “fluffy” but whatever… not every book needs to be an academic tome.)

Slides

Click the link at right to download the slides: Lecture 1b: Evidence Contradicting the Standard Model .