Exploring the Mind | Improving the Science of Making Decisions: From Classic Theories to AI

When

Monday March 9, 2026: 6:00pm to 7:30pm  Add to Calendar /   Add to Google Calendar

Where

Downtown Library: Lower Level Program Room

Description

Decision science builds models to understand how people make choices, from personal ones to economics and beyond. Classic models assume people pick the option with the best payoff, after weighing outcomes by their probabilities, yet the choices they make often break that clear-cut rule. In this talk, Dr. Richard Gonzalez discusses how psychology explains some of the differences: for example, telling why losses sting more than gains and why tiny chances loom larger than the probabilities suggest. Today, AI lets us move beyond simple models to map out people’s preferences and design better options. Dr. Gonzalez describes the modern drive toward these advances.

Richard Gonzalez is the Amos N. Tversky Collegiate Professor of Psychology and Statistics at the University of Michigan and Research Professor at the Institute for Social Research. He received his PhD in Psychology from Stanford University. Dr. Gonzalez’s research program focuses on modeling how people make decisions across a variety of domains. He has been at the University of Michigan since 1997.

This event is in partnership with the Department of Psychology at the University of Michigan.