Program Director for Individual Decision-Making – 2011-current
Mark Machina is the CEAR Program Director for the individual decision-making area. Mark is a Distinguished Professor of Economics at UC San Diego, is a major theorist in the fundamentals of individual decision-making. He has also had a long interest in the connections between theory and experimental evidence. His specific interests in CEAR are twofold: the theoretical and empirical connection between risk aversion and uncertainty aversion (aka ambiguity aversion), and thinking carefully about the stochastic, econometric properties of tests of models of attitudes towards risk and uncertainty.