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Grant Award View - GA2191
The value of time during decisions
GA ID:
GA2191
Agency:
Australian Research Council
Approval Date:
10-Nov-2017
Publish Date:
20-Feb-2018
Category:
Humanities, Arts and Social Sciences (HASS) Research
Grant Term:
1-Apr-2018 to 18-Jun-2021
Original: 1-Jan-2018 to 31-Dec-2020
Value (AUD):
$327,019.00
(GST inclusive where applicable)
Variations:
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
ARC 17/18 Discovery
Grant Program:
Discovery Projects
Grant Activity:
The value of time during decisions
Purpose:
This project aims to investigate how people value time during decision making. Using an innovative combination of carefully designed experiments and state-of-the-art mathematical cognitive models, this project expects to generate new knowledge regarding how efficiently people allocate time when making decisions, the factors that allow people to perform optimally and those that lead to suboptimal performance. The anticipated outcome of the project is a new framework for understanding the optimality of human decision making. This outcome has the potential benefit of providing insight into decision mechanisms across a range of contexts, particularly ageing and models of applied decision making.
Internal Reference ID:
DP18 Round 1
Selection Process:
Targeted or Restricted Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
The University of Newcastle
Recipient ABN:
15 736 576 735
Grant Recipient Location
Suburb:
CALLAGHAN
Town/City:
CALLAGHAN
Postcode:
2308
State/Territory:
NSW
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
NSW
Postcode:
2308
Country:
AUSTRALIA