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Newsletter 180: Apr 10, 2017

The Center for Decision Sciences at Columbia Business School
Welcome to the Center for Decision Sciences' Weekly Newsletter. Below you can find a list of events of interest.

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Seminars of Interest at Columbia

Monday April 10th

2:30pm to 3:45pm - IAB 1101
Economic Theory Workshop - Marzena Rostek (University of Wisconsin-Madison)
Title Not Available

Tuesday April 11th

12:30pm to 2:00pm - Uris 326
Management Seminars - Clayton Critcher (Berkeley - Haas)
Assessing and Presuming Moral Character

2:15pm to 3:45pm - IAB 1101
Industrial Organizational & Strategy - Michael Sinkinson (Wharton)
Ask Your Doctor? Direct-to-Consumer Advertising of Pharmaceuticals (with Amanda Starc)

4:15pm to 5:45pm - IAB 1101
Money-Macro Workshop - Dirk Krueger (University of Pennsylvania)
Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs (with Harold L. Cole and Soojin Kim)

Thursday April 13th

12:30pm to 1:30pm - Uris 331
Finance Free Lunch (Faculty Only) - Olivier Darmouni
Title Not Available

2:15pm to 3:45pm - 1101 IAB
International Economics Workshop - Tom Holmes (Univeristy of Minnesota)
Title Not Available

Seminars of Interest at NYU

Tuesday April 11th

12:30pm to 2:00pm - Psychology Room 551
Social Psychology Brown Bags - Jeff Berg and Yasaman Ghodse-Elahi 
Title Not Available

2:40pm to 4:00pm - 19 W 4th Street, Room 517
Neuroeconomics Colloquium - Sam Gershman (Harvard)
Metacontrol of Reinforcement Learning

Article of the Week
Mental Shortcuts, Not Emotion, May Guide Irrational Decisions
Researchers at Duke University studied two competing theories on the cause of the Framing Effect. The first theory implicates emotion and the second theory sees mental shortcuts as the culprit. In a study that compared participant brain activity captured during decision-making tasks against published neural maps of brain activity associated with different terms - e.g. "resting", "working" -   the degree to which brain activity resembled neural maps associated with disengagement predicted whether choices would be consistent with the Framing Effect. The degree to which brain activity resembled brain maps associated with emotion, however, was not predictive of choices.

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