Itzhak Gilboa

AXA Professor

Economics and Decision Sciences

Itzhak Gilboa works in decision theory and other fields in economic theory such as game theory and social choice. His main research areas are decision under uncertainty, focusing on the definition of probability, notions of rationality, non-Bayesian decision models, and related issues. Itzhak Gilboa is the holder of the AXA Chair in Decision Sciences.

gilboa@hec.fr

Website

Itzhak Gilboa HEC

Latest articles

Decision Sciences

July 05th, 2023

Decisions Under Uncertainty: Lessons for Future Black Swans

On the eve of the 11th annual D-TEA conference, promoting Dialogues between Theory, Experimental findings and Applications of decision-making (hence the...

By Itzhak Gilboa

Itzhak Gilboa vignette

Decision Sciences

July 26th, 2022

Black Swans and Other Challenges to Rational Decision Making

When trying to figure out the outcome of a given situation, or the fallout of a sudden event, is it better to reason by analogies and resort to past...

By Stefania Minardi, Itzhak Gilboa

June 09th, 2020

A New Theory in Economics Helps Predict Future Events

When will be the next financial crisis? Who is going to win the next US presidential elections? How do we create beliefs about such events? By...

By Itzhak Gilboa

black swan on a lake - vignette - Tatiana-AdobeStock

Decision Sciences

May 29th, 2020

Uncertainty Across Disciplines

We, individuals and society, are faced today with many important decisions involving radical degrees of uncertainty. To better communicate on the current...

By Brian Hill, Itzhak Gilboa

Itzhak Gilboa

Decision Sciences

June 01st, 2012

The role of Economic Models - Insights by HEC Professor Itzhak Gilboa

In June 2012, Itzhak Gilboa, Professor of Economics and Decision Sciences at HEC Paris and holder of the HEC Paris - AXA Chair for Decision Sciences...

By Itzhak Gilboa

Itzhak Gilboa, Professor at HEC Paris, talking

Decision Sciences

February 19th, 2015

A step toward more responsible trade in financial markets

In a paper that focuses on trade agents’ beliefs about potential market transactions, Itzhak Gilboa and his co-authors make a theoretical contribution to...

By Itzhak Gilboa

© bas121-Fotolia_72129508

Decision Sciences

December 15th, 2016

Understanding and Aiding Good Decision Making

This month’s newsletter invites HEC Paris’ faculty to share their research on normative, descriptive and prescriptive aspects of decision making.

By Itzhak Gilboa, Mohammed Abdellaoui, Brian Hill, Emmanuel Kemel

Understanding and Aiding Good Decision Making - Newsletter K@HEC - ©Fotolia - Pathdoc

Decision Sciences

July 25th, 2018

Decision Making: Do You Need a Decision Theorist… or a Shrink?

Human beings are notoriously bad at making rational decisions. Even theoretical models designed to help you find the “right” answer are limited in their...

By Itzhak Gilboa, Maria Rouziou, Olivier Sibony

a shrink analyzing a patient on a couch - rudall30

Decision Sciences

December 08th, 2016

Making Sense of Economic Models

Economics is not considered the most successful scientific discipline, to say the least. There are various lines of critique of the field, some more...

By Itzhak Gilboa

Making Sense of Economic Models by HEC Professor Itzhak Gilboa - ©Fotolia - tomertu_web

Decision Sciences

November 22nd, 2016

Analyzing Decisions is Part of Our Humanity

There is a species of sea urchins that begins its life as an animal but ends it as a plant. It crawls at the bottom of the ocean until it finds a place...

By Itzhak Gilboa

Analyzing Decisions is part of your Humanity by Itzhak Gilboa, HEC Professor of Economics and Decision Sciences - ©Fotolia - Juulijs

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