Decision-making is a central human capacity and a vital component of complex artificial systems. Decisions often need to be made when the environment is changing, where information is limited or unreliable, when time is of the essence, and in the presence of other decision makers. Despite this complexity, humans and, to a limited extent, artificial systems operate successfully in a wide range of such situations.
The Engineering and Physical Sciences Research Council UK (EPSRC) has awarded the University of Bristol £1.6million to establish an inter-disciplinary centre to research decision-making in an unstable world, which will build on current world-class research on decision making which is carried out throughout the University. We will carry out experiments with human volunteers and build models to understand how decisions are made. The resulting models will then be applied to a range of real life problems.
Funds allow recruitment of two post-doctoral research associates and five PhD students, each with a fully-funded four-year scholarship. All seven researchers will be located in a newly-refurbished dedicated space within the Faculty of Social Sciences zone of the University of Bristol.
In addition, the project will host an extensive visiting speaker programme, and the team will design frequent activities to ensure successful cross-disciplinary collaboration and maximise the impact of the research.
If you are in academia or industry and would like to be involved with the research, including proposing interesting applied decision-making problems, please get in touch with a member of the core project team.