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Details of Grant 

EPSRC Reference: EP/I032622/1
Title: Decision making in an unstable world
Principal Investigator: Gilchrist, Professor ID
Other Investigators:
Farrell, Dr S Bogacz, Professor R Leslie, Professor D
Baddeley, Dr R Ludwig, Dr C McNamara, Professor JM
Researcher Co-Investigators:
Project Partners:
Department: Experimental Psychology
Organisation: University of Bristol
Scheme: Standard Research
Starts: 01 October 2011 Ends: 01 March 2016 Value (£): 1,646,369
EPSRC Research Topic Classifications:
Animal behaviour Complexity Science
Psychology Statistics & Appl. Probability
EPSRC Industrial Sector Classifications:
No relevance to Underpinning Sectors
Related Grants:
Panel History:
Panel DatePanel NameOutcome
23 Feb 2011 Promoting CDip Research Interview Announced
27 Jan 2011 Promoting CDip Research Sift Announced
Summary on Grant Application Form
For humans and machines decision making is not always simple. Sometimes the world changes so quickly that experience does not always tell you how to behave. Humans can cope reasonably well in this unstable and complicated world but we don't have a full understanding of how they do this. Solving this problem requires a wide range of researchers from very different backgrounds to work together. This grant assembles a team from Mathematics, Statistics, Computer Science, Psychology, Economics, Earth Sciences, Geography, Neurology, Education and Biology.We will carry out experiments on human volunteers while they make decisions and try to understand how these decisions are made. The resulting models will then be useful in the design of artificial decision making systems such as computer based traffic flow systems, automatic stock market trading systems and early warning systems for disasters. This project also includes a number of researchers who work on real world problems such as food choice, financial decision making, disaster management and human addiction.A major challenge in this area is to build genuine understanding and common working practices across the subjects. We have planned a range of activities to help build a common language and understanding which will result in a new and sustainable community of decision making researchers.
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Further Information:  
Organisation Website: http://www.bris.ac.uk