Center for Decision Research - Center for Decision Research | Chicago Booth
Center for Decision Research

Center for Decision Research

Positioned at the forefront of behavioral science, the Center for Decision Research is devoted to the study of how individuals form judgments and make decisions. Researchers at the center examine the processes by which intuition, reasoning, and social interaction produce beliefs, judgments, and choices. Understanding how and why people make decisions has important applications in a range of contexts, including management, marketing, finance, and public policy.

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Dolly Chugh in a purple sweater

Webinar: "Think Better" with Dolly Chugh

Award-winning social psychologist Dolly Chugh (NYU) and Chicago Booth's Jane Risen explore unconscious biases and how to stand up for equality, diversity, and inclusion in our turbulent world.

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Harper Center exterior

Research Highlights: Racism, Prejudice, Stereotyping, and Intergroup Relations

A collection of CDR faculty research on issues including stereotyping, racial bias in algorithmic decision making, how implicit biases influence use of force, humanizing those with disagree with, bridging ethnic divides, and more. 

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Dean Madhav Rajan

A message from Dean Rajan on the death of George Floyd and other racially motivated events

Chicago Booth Dean Madhav Rajan issued a statement affirming the school’s commitment to diversity and inclusion, and rejection of racism. 

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woman using a laptop

Just Launched: PIMCO Decision Research Virtual Lab

Due to COVID-19, the CDR's in-person labs are temporarily closed, so we moved our behavioral science research online. Find out how the labs are adapting and how you can take paid research studies from the comfort and safety of home. 

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Nicholas Epley

Webinar: The Surprising Power of Social Connection

How can we stay emotionally connected while social distancing? In this webinar, Prof. Nicholas Epley explores the science behind meaningful social interactions.

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Harper Center

COVID-19 and CDR Operations

Along with the entire UChicago community, the CDR continues to closely follow the evolving situation with coronavirus (COVID-19). In accordance with University guidance and to prioritize safety, the CDR has suspended lab operations and postponed events originally scheduled for spring 2020.

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Adam Alter

Think Better with Adam Alter

On Wednesday, February 19, the CDR welcomed Adam Alter, associate professor of marketing at NYU's Stern School of Business, for his talk on the behavioral science behind our obsession with screens. Read the event recap and watch the full video.

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PhD student Rafael Batista presents on stage at the CDR open house

CDR Hosts Open House

On Wednesday, January 29, the Center for Decision Research welcomed more than 125 Booth community members for an open house featuring fascinating talks, prize giveaways, a pop-up lab, and more.

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Elizabeth Huppert presents at the society for judgment and decision making annual meeting 2019

CDR Featured at Society for Judgment and Decision Making Annual Meeting

The Society for Judgment and Decision Making held its Annual Meeting Nov. 15-18 in Montreal. CDR's prominence at the event continues: more than 40 talks & posters featured work by CDR faculty & students. The CDR also sponsored the Women in SJDM networking event and hosted a CDR reunion dinner.

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Fall 2019 Thaler-Tversky Research Grant Recipients

The Center for Decision Research is pleased to announce the newest recipients of the Thaler-Tversky Independent Research Grant for emerging scholars. Learn about the winners and their proposed research projects.  

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Steve Wendel

Think Better with Stephen Wendel

On Nov. 6, the CDR welcomed Stephen Wendel, Head of Behavioral Science at Morningstar, for his talk, "Challenges and Opportunities of Behavioral Science in Business." Read more about his talk and watch the full video.

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Harper Center

The Center for Decision Research Welcomes New Faculty

Three new assistant professors join the CDR community: Shereen Chaudhry, Joshua Dean, and Celia Gaertig.

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Nicholas Epley

Nicholas Epley Partners With BBC to Replicate Groundbreaking Study

CDR faculty director Nicholas Epley found that in both the U.S. and the U.K., when commuters talk with strangers on public transportation, both people report feeling happier.

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Research Highlights

Research Highlights, 2013–2018

Highlights from the work of CDR Researchers. The articles here were originally published in the Chicago Booth Review, which publishes research-driven insights on business, policy, and markets.

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Chicago Booth Center for Decision Research The PIMCO Decision Research Laboratories

A Partnership to Guide Wiser Decision-Making

In the fall of 2018, PIMCO and the CDR announced a partnership in support of CDR’s behavioral science research. In recognition of this investment in research, Chicago Booth’s CDR laboratories were renamed the PIMCO Decision Research Laboratories.

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