Category: 
Academic/College Events
Sub-Category: 
College of Liberal Arts
Event Description: 

The College of Liberal Arts

Gosnell Lecture Series

 

presents

 

Dr. Sudipta Sarangi

Virginia Tech

Professor & Department Head

Department of Economics

 

Wednesday, October 4th

 

Time:  3:00 – 4:00 pm

Place: Eastman Hall, 01-2000

 

Are More Choices Better and Other Tales About Decision-making

We live in world where there is no dearth of choices in anything from ordering a cup of tea, buying a pair of a pair of jeans to selecting the right retirement portfolio. The idea that more is better stems from a simple mathematical truism, an unconstrained maximum can never be worse than a constrained maximum. Using a set of simple economic experiments, this talk explores the idea of whether giving people more choices actually helps them make better choices. Do gender, education and age play a role in this? Do groups make better decisions than individuals? After all as a part of group individuals may decide to leave the burden of making decisions to the other members of the group. Finally, could we think of designing choice architectures that help people make better decisions?

Interpreters provided upon request subject to availability.

Please make your request TODAY by going to the following website myAccess.rit.edu.

Open to Public (non-RIT): 
Yes
Interpreter Requested?: 
No
Event Schedule: 
Wednesday, October 4, 2017
Start and End Time
3:00 PM - 4:00 PM
Eastman Hall
01-2000
Contact Name: 
Cassandra Shellman
Contact Email: 
Contact Phone: 
475-2057
Cost ($): 
FREE