Path: utzoo!mnetor!uunet!lll-winken!lll-lcc!ames!ucbcad!pasteur!ucbvax!IU.AI.SRI.COM!FIRSCHEIN From: FIRSCHEIN@IU.AI.SRI.COM (Oscar Firschein) Newsgroups: comp.ai.digest Subject: Seminar - Rational Choice and Cognitive Illusion (HP) Message-ID: <568921086.0.FIRSCHEIN@IU.AI.SRI.COM> Date: 11 Jan 88 17:38:06 GMT Sender: daemon@ucbvax.BERKELEY.EDU Organization: The ARPA Internet Lines: 21 Approved: ailist@kl.sri.com HP Labs Colloquium: Prof. Amos Tversky Subject: Rational Choice and Cognitive Illusion The analysis of decision and judgment under uncertainty reveals pervasive and systematic departures from the rational theory of judgment and choice. In particular, people exhibit overconfidence in action and belief, susceptability to framing effects, and inconsistent attitudes toward risk. These pheenomena are traced to the operation of a limited number of heuristic principles, which are generally useful but often produce illusion and bias. Time: 4 P.M. Thursday, Feb. 4, 1988 Place: Hewlett-Packard 5M Auditorium 1501 Page Mill Road, Palo Alto Non-HP employees: Welcome! Please come to the lobby on time so that you may be escorted to the 5M auditorium Refreshment: A wine and cheese reception will follow. ------- -------