The problem of modelling rational decisions is as central to our understanding of human behaviour as ever. The past few decades, however, witnessed a dramatic change in the way the problem has been approached. The mathematical core of the field is now steadily coupled with empirical and computational methods and techniques. As a result, current models move towards increasingly more accurate predictive capabilities.
Unfortunately, however, the problem can hardly said to be solved, as we all witnessed in recent years. Yet there is a tangible feeling that the present situation is favourable to the development of new, groundbreaking ideas, which will perhaps give the discipline its most significant turn in decades.
The purpose of this workshop is to bring leading scholars and practitioners to share their view and vision on the current trends in rational decision theory, with a particular emphasis on its application to economics and finan>e.