Addressing Social, Business and Economic Issues

via Research in Judgment and Decision Making

Friday, March 9, 2012 from 9 a.m. - 4:15 p.m.

A symposium jointly sponsored by the
University of Maryland's
College of Behavioral and Social Sciences
and the
Robert H. Smith School of Business

Decisions have serious consequences, including for health, relationships, financial well-being, national security, business, economics, politics and the environment. What does state-of-the-art research have to say about human judgment and decision making? And what are implications of these recent findings for individuals and for policy makers?


Guests gathered at Van Munching Hall on March 9 at the Robert H. Smith School of Business, for a day-long symposium to address these issues. This symposium was hosted jointly by the University of Maryland's College of Behavioral and Social Sciences and the Robert H. Smith School of Business.


The conference featured four prominent researchers who study decision making from behavioral, social, cognitive science, and business perspectives: Eric Johnson (Norman Eig Professor of Business at Columbia University), Barbara Mellers (I. George Heyman Professor of Psychology at the University of Pennsylvania), Philip Tetlock (Leonore Annenberg University Professor in Democracy and Citizenship in the Departments of Management and Psychology at the University of Pennsylvania) and Elke Weber (Jerome A. Chazen Professor of International Business at Columbia Business School and Professor of Psychology and Earth Institute Professor at Columbia University).


The four speakers presented their research during a series of talks in the morning. The afternoon began with a panel discussion on the role of judgment and decision-making research on addressing social, environmental, economic and business issues. The panel, featuring the four speakers was moderated by Smith School Vice Dean Hugh Courtney, Professor of the Practice of Strategy and author of 20/20 Foresight: Crafting Strategy in an Uncertain World. Following the panel discussion, each of the four speakers led a 90-minute research seminar on the topic of their morning presentation with a smaller group of attendees.

Speakers

Eric J. Johnson, Columbia University

PDF of Professor Johnson's talk

Barbara Mellers, University of Pennsylvania

PDF of Professor Mellers' talk

Philip E. Tetlock, University of Pennsylvania

PDF of Professor Tetlock's talk

Elke U. Weber, Columbia University

PDF of Professor Weber's talk

Moderator

Hugh Courtney, Vice Dean, Robert H. Smith School of Business

 

Brief biographical Information on our Speakers and Moderator can be found at this link.  Also available at this link is an abstract of each talk, and suggested readings for the afternoon seminars.

The symposium schedule is as follows:

Time Activity Location
8:30 - 9 a.m. Registration Outside 1524 Van Munching Hall
9 - 9:15 a.m. Welcome: Thomas S. Wallsten on behalf of the organizing committee 1524 Van Munching Hall
9:15 - 9:55 a.m. First speaker: Philip E. Tetlock
"Estimating the Value of Thinking About Thinking: A Test of Simple System 1 Heuristics and More Complex System 2 Inferential Rules"
1524 Van Munching Hall
10 - 10:40 a.m. Second speaker: Barbara Mellers
"Challenges to Judicial Decision Making"
1524 Van Munching Hall
10:40 - 11 a.m. Break Outside 1524 Van Munching Hall
11 - 11:40 a.m. Third speaker: Eric J. Johnson
"Designing Decisions: Can How You Ask Shape Choice?"
1524 Van Munching Hall
11:45 a.m.
- 12:25 p.m.
Fourth speaker: Elke U. Weber
"Query Theory: Knowing What We Want by Arguing with Ourselves"
1524 Van Munching Hall
12:30 - 1:30 p.m. Lunch Break  
1:30 - 2:30 p.m. Panel Discussion with all 4 speakers
1524 Van Munching Hall
2:45 - 4:15 p.m. Seminars with individual speakers 2nd floor Executive Education rooms

 

Questions about the symposium may be addressed to Carol Cron, via e-mail at ccron@rhsmith.umd.edu or via phone at 301-405-8149.

Conference Organizers

This Joint BSOS-Smith School Decision Symposium is organized by the following University of Maryland faculty and doctoral students:

Robert H. Smith School of Business College of Behavioral and Social Sciences
Professor Debra Shapiro Professor Arie Kruglanski
Professor Rebecca Ratner Professor Thomas Wallsten
Professor Rebecca Hamilton Ashley Fulmer
Jordan Etkin Jocelyn Belanger