Behavioral Science
Decision making, incentives, bias, ethics and human behavior under uncertainty.
Systems are shaped by the people inside them.
Markets, institutions and technologies are not separate from human behavior. They are built, interpreted and acted upon by people whose decisions are influenced by incentives, beliefs, emotion, social pressure and limited information.
The Quant Society studies decision quality, cognitive bias, behavioral economics, reflexivity, risk perception and group behavior. Ethical questions are studied here when they concern the consequences of decisions, incentives, technology and concentrated power.
Behavioral Science matters because a technically correct model can still fail when it assumes behavior that does not exist in reality.
Behavioral Science connects models with actual decision makers and helps TQS study how beliefs, incentives and bias can influence outcomes and prices.
What are we trying to understand?
Can decision quality be separated from outcome quality?
How do incentives and cognitive bias alter evidence weighting?
How do narratives and group behavior become self reinforcing?
Which ethical consequences emerge from the systems we study and build?