While we’re quite accustomed to these probabilistic models for insurance, loans and the like, AI is upping the ante—potentially even changing the game.
How to Protect An Aging Mind From Financial Fraud
While aging is inevitable, financial fraud in old age isn't. Elderly individuals in the US alone lose an estimated 3 billion dollars a year to financial scams. Our research offers insights into how we can prevent this troubling reality.
Are You Making Bad Financial Decisions Because of Information Avoidance?
Why don't we use of all the available information, which could help us make important financial decisions?
Algorithms for Simpler Decision-Making (1/2): The Case for Cognitive Prosthetics
Our cognitive functions are increasingly being outsourced to algorithms.
Algorithms for Simpler Decision-Making (2/2): Fighting Irrationality with Nonrationality
Data is the new oil, and algorithmic decision-making, as means of commoditizing data, is here to stay.
Do Dating Apps Affect Relationship Decision Making?
Despite making dating more convenient, dating apps may provide some behavioral barriers to our emotional health and decision making.
Overwhelmed by Choice (2/2): Prosumers and Green Energy
In a similar way to standard energy consumers, behavioral tendencies can be leveraged to promote green energy use in the energy prosumer market.
Freeing Cognitive “Bottleneck Congestion” in Autonomous Vehicles
Putting too much trust into driver assistance design may pose problems for road safety.