Luncheon: Neurobiology & Decision Science

Peter Bossaerts, Redmond Barry Distinguished Professor and Professor of Experimental Finance and Decision Neuroscience, The University of Melbourne

Luncheon: Neurobiology & Decision Science

Starting from a (sensational?) article in Scientific Reports that discovered a relationship between “gut feeling” and professional trading success, Prof Bossaerts will delve into the neurobiological foundations of financial decision-making.

This presentation will highlight how biology not only can clarify otherwise puzzling behavioural findings, but also uncover behavioural traits that behaviour-centred research has overlooked.

It will also shed light on what robot traders can and cannot do better than humans.

About the speaker

Peter Bossaerts is Redmond Barry Distinguished Professor and Professor of Experimental Finance and Decision Neuroscience at The University of Melbourne, and Honorary Professorial Fellow at The Florey Institute of Neuroscience and Mental Health.

He pioneered the use of controlled experimentation (with human participants) in the study of financial markets, and helped bring decision theory and game theory to cognitive neuroscience, which led to the emerging fields of neuroeconomics, decision neuroscience and computational neuropsychiatry.

His work deals with decision making under risk — focusing on “financial” risk.

He graduated with a PhD from UCLA, and spent most of his career in the Division of Humanities and Social Sciences and the Computation and Neural Systems group at Caltech. He is Fellow of the Econometric Society and the Society for The Advancement of Economic Theory.