Uncertainty: a view from Economics and Decision Sciences, with Massimo Marinacci
Severe uncertainty plagues many crucial decisions in a range of areas, including climate, the economy and health. A wide range of scientific disciplines and professions have studied such uncertainties and decisions in the face of them, or been confronted with them in practice, developing a range of approaches.
The Uncertainty across Disciplines project aims to paint a portrait of the current state of the art across these disciplines and professions. Through a series of interviews of leading experts and actors, it presents the perspectives, results and positions in these fields, as well as their opinions.
Massimo Marinacci is Professor in the Department of Decision Sciences of Bocconi University, and fellow of the IGIER research center of Bocconi University. He works in decision theory and other areas of economic theory, as well as in applied mathematics. His research interests include decision under uncertainty and ambiguity. He holds the AXA-Bocconi Chair in Risk.
(Interviewed by Brian Hill, Summer 2018.)
00:00:00 - Introduction & Field of Research
00:06:00 - The Normative Issue
00:09:12 - Your View
00:14:34 - The Future