Decision making and information search

We often have to make judgments based on only little or uncertain information – judgments under uncertainty. Further, we often decide between options without knowing for sure which of the possible consequences will actually occur – make decisions under risk. Judgments and decision making under risk and uncertainty pose important challenges to the decision maker. How does the decision maker master these challenges, endowed with naturally limited resources in time and computational power? In our research, we study the cognitive mechanisms that underlie human decision making. That is, we investigate how people search for information and how they process the information before making a decision.