EADM

The European Association for Decision Making (EADM) is an interdisciplinary organisation dedicated to the study of normative, descriptive, and prescriptive theories of decision making.

It has it origins in a Research Conference on Subjective Probability, organised in 1969 by Wendt, Stael von Holstein and Vlek in Hamburg. From 1971 the conferences broadened their scope to Subjective Probability, Utility and Decision Making (SPUDM), and were organised biannually in venues all over Western and Eastern Europe. The Association was founded formally in August 1993.

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Presidential address SPUDM 2023

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Based on Eldad Yechiam‘s presidential address at SPUDM 2024 in Vienna, a paper was published in the JDM journal:

Abstract: Recent meta-analyses suggest that certain drugs act as cognitive enhancers and can increase attentional investment and performance even for healthy adults. The current review examines the potential of behavioral economics enhancers (BEEs) for similarly improving cognitive performance and judgments. Traditionally, behavioral economics theory has adopted a skeptical approach regarding the notion of whether individuals can overcome judgment biases through variables that increase cognitive effort. We focus mostly on the effects of two BEEs: incentivization and losses. Summarizing results from different meta-analyses, we find a small but robust positive effect size for BEEs, with comparable effect sizes to those found in studies of pharmacological cognitive enhancers.

Yechiam, E. (2024). Behavioral economics enhancers. Judgment and Decision Making, 19, e12. DOI: https://doi.org/10.1017/jdm.2024.12

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