Yesterday, the Guilford Glazer Faculty of Business and Management hosted the joint Research Workshop of the Decision Making and Economic Psychology (DMEP) Center of Ben-Gurion University of the Negev and The Federmann Center for the Study of Rationality of Hebrew University of Jerusalem : Judgment and decision making in social settings: From dyads to large crowds
Keynote speaker Prof. David Budescu of Fordham University spoke about The Wisdom of Forecasting Teams. He discussed the results of a recent large-scale geopolitical forecasting tournament. Two key results of the tournament are (1) the possibility to identify reliably expertise and leverage it to improve the accuracy of the forecasts through efficient aggregation of relatively small crowds of “selected" forecasters, and (2) the surprising success of small collaborative teams. The success of the teams is due to the hybrid approach implemented, which allowed forecasters to share information electronically and asynchronously, but required them to forecast individually before aggregating the forecasts. This hybrid approach benefits from the strengths of Computer Mediated Communication (CMC) and Statistical Aggregation.
Dr. Simone Moran, Chair of the BGU Decision Making and Economic Psychology (DMEP) Center and senior lecturer in the GGFBM Department of Management chaired the Workshop together with Tom Gord0n-Hecker (BGU Department of Psychology) and Prof. Tehila Kogut (BGU Department of Education). Dr. Moran recapped, “Our joint research workshops are always enlightening, and the salient topic of today's workshop, with such outstanding international as well as
local speakers, left us with renewed energy and more topics of research to ensue."
above left: VIisiting Scholar Dr. Kelly Raz presenting her research topic: Comparison is the Thief: An Examination of the Desire for Economic Status and Dishonesty above right: Bar Shlomo presenting her topic Competition increases selfishness among losers who perform well. Bar is in the BA-MBA 4-year Honor Program. Bar is supervised by Dr. Amos Schurr of the GGFBM Department of Business Administration.
poster exhibition above: PhD Student Reut Blaywais, supervised by Dr. Uriel Haran and Prof. Mosi Rosenboim of the GGFBM Department of Management
Reut's research field is behavioral finance - Economic Punishment of Firms Due to Unethical Behavior
Among the notable guest speakers were Prof. Rebecca Schaumberg of the Wharton School of Business, University of Pennsylvania, who spoke about task design for the procrastinating mind. Prof. 's research focuses on social psychology and organizational behavior theory to understand positive employee outcomes such as job performance, leadership, and effective decision-making. Dr. Nils Köbis of the University of Amsterdam Faculty of Economics and Business spoke on the topic: Social norms of corruption in the field: social nudges on posters can help to reduce bribery. Nils's work focuses on the behavioral aspects of corruption and unethical behavior. Christopher
Y Olivola of Tepper of the School of Business Carnegie Melon University
spoke on the topic The Other-Nothing
Effect: Asymmetric Considerations of Interpersonal Opportunity Costs Hinder
Altruistic Decision-Making. His research fields cover charitable giving &
nonprofit marketing, consumer financial decision making, intertemporal choice, social
marketing and first impressions (marketing the self), political marketing.
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