DR@W
DR@W
Decision Research at Warwick (DR@W) is an interdisciplinary initiative which focuses on behavioural and experimental research of decision making.
Formed in January 2010, DR@W brings together researchers and students from Economics, Psychology, Statistics, Warwick Mathematics Institute, Warwick Manufacturing Group and Warwick Business School that are interested in current developments in the area of experimental and behavioural research.
The Department of Economics have created and manage a large computer laboratory for use with experiments.
Visit the Decision Research at Warwick website for further details.
Bernd Figner (Radboud)
Both human and non-human animals often appear remarkably impatient in intertemporal choice, particularly in the presence of immediately available rewards. While research has generated a large number of models describing the commonly observed choice patterns (including different functional forms of delay discounting or reward-delay tradeoffs), there is a comparative dearth of theoretical frameworks aiming to explain the psychological mechanisms giving rise to the observed phenomena. In my talk, I will focus on a relatively recently proposed theoretical framework originating from Reinforcement Learning Theory and present a series of preregistered studies that investigated the existence of an intertemporal Pavlovian bias and its potential contributions to present-biased choice as well as suboptimal behaviors and mental health.