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Newsletter 249: November 4, 2019

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, November 4th

2:30 pm to 3:45 pm - International Affairs Building 1101
Economic Theory Workshop - Teddy Kim (University of Miami) 
Competitive Advertising and Pricing (with Ilwoo Hwang and Raphael Boleslavsky)

Wednesday, November 6th

12:30 pm to 1:45 pm - Uris 142
Finance Free Lunch (Faculty Only) 

4:00 pm to 5:00 pm - Schermerhorn 614
Psychology Colloquium - Bill Fifer 
The Earliest Markers and Mediators of Neurobehavioral Development

4:05 pm to 5:35 pm - International Affairs Building 1512
Applied Microeconomics Seminar - John van Reenen (MIT Sloan)
The Fall of the Labor Share and the Rise of Superstar Firms (with David Auto, David Dorn, Lawrence F. Katz, and Christina Patterson)

Thursday, November 7th

12:30 pm to 1:30 pm - Uris 332
Marketing Seminar - Abigail Sussman (University of Chicago)

12:30 pm to 1:45 pm - Uris 140
Finance Seminar - Brett Green

Seminars of Interest Outside of Columbia

Tuesday, November 5th
2:40 pm to 4:00 pm - NYU Economics, Room 517
Neuroeconomics Colloquium - Illan Witten (Princeton)
Striatal Circuitry for Reward Learning and Decision Making

Thursday, November 7th

12:30 pm to 1:30 pm - NYU Psychology Room 121
Cognition and Perception Colloquia - Wei Ji Ma (NYU)

Article of the Week

Trusting your gut is (sometimes) okay
In some situations trusting your "gut feelings" is better than attempting to make a decision based on objective information, argues Laura Huang, associate professor of business administration at Harvard Business School. Across four studies she found that, in situations where individuals had to make complex investment decisions based both on "hard" economic and financial data and "intuitive, non-codified" information, she found that individuals who had to make unusual decisions in situations with little available data, those who trusted their gut feelings were more successful than those who did not.  Further, she suggests that gut feelings can be "trained" to be more reliable indicators of good or bad decisions.  

This newsletter is cosponsored by the Center for Decision Sciences and the Decision Making & Negotiations Area.

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