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SUMMARY:Information Constraints in Human Decision-Making: From Theory to C
 omputation - Dr Stefan Bucher\, Faculty of Economics\, University of Cambr
 idge
DTSTART:20251203T140000Z
DTEND:20251203T150000Z
UID:TALK234934@talks.cam.ac.uk
CONTACT:Prof. Ramji Venkataramanan
DESCRIPTION:Rational inattention theory models human decision-making as an
  optimal information-processing problem akin to rate–distortion theory. 
 This talk will motivate and introduce this framework\, now a workhorse mod
 el of cognitive economics\, which seeks a principled explanation of seemin
 gly irrational behavior as arising from cognitive constraints on informati
 on processing. I will outline the basic problem and its known structural p
 roperties\, then present a multi-attribute generalization based on the rec
 ently introduced multi-attribute Shannon entropy. The talk will discuss on
 going work with the goal of highlighting open computational challenges—p
 articularly how to solve these models at scale—and will explore how ML m
 ethods may offer promising avenues for progress.
LOCATION:MR5\, CMS Pavilion A
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