12:00-13:05

Decision Making under Uncertainty – Less Is More

Director, Harding Center for Risk Literacy, Max Planck Institute for Human Development

  • Should Risk and Uncertainty be differentiated?
  • What is “rational” decision-making under uncertainty?
  • How useful are academic theories for real world financial decisions?
  • Can simple heuristics lead to better predictions than complex models

Moderator:  Madhu Veeraraghavan
Director & T.A. Pai Chair Professor of Finance, T. A. Pai Management Institute (TAPMI)