This grant is a transformational opportunity to bring together researchers from across the University with an interest in decision making. We will be also be using the grant to explore new ways to develop and sustain inter-disciplinary working across the mathematical, physical and social sciences.
The University of Bristol has received £1.6million from the Engineering and Physical Sciences Research Council UK (EPSRC) to establish a new centre for research into how decisions are made. This work will ultimately lead to better artificial decision making systems such as computer-based traffic flow systems, automatic stock market trading systems and early warning systems for disasters. The centre builds on world-class research on decision making currently being carried out at the University in the mathematical, social, behavioural and computer sciences. 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, and time is of the essence. Discovering how humans cope with such change is a major intellectual challenge that has profound implications for both the understanding of human behaviour and the development of more effective artificial decision making systems. Researchers at the Bristol centre will carry out experiments on human volunteers in order to understand how decisions are made.
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