The role of economic models, by Itzhak Gilboa, Professor at HEC Paris

In June 2012, Itzhak Gilboa, Professor of Economics & Decision Sciences at HEC Paris and holder of the HEC Paris - AXA Chair for Decision Sciences, participated in an academic event at the Bocconi University, on risks in Economic and Social Sciences.

Massimo Marinacci AXA-Bocconi Chair in Risk, Università Bocconi and Thomas J. Sargent Professor of Economics, New York University, 2011 Nobel Laureate in Economic Sciences also participated to the inaugural lecture on :"The beauty of Uncertainty."

In his presentation ("Rhetoric in Economics."), Itzhak Gilboa discusses the role of economic models.

The HEC Paris - AXA Chair for Decision Sciences aims to improve our understanding of how decisions are made and how we can support better decision making, in light of cognitive limits and psychological constraints. The collaboration provides an opportunity to explore the links between effective decision making and successful leadership. This conference brought together Professors from all over the world, giving a glimpse of the network effect that can be nurtured by this fund. This Chair is devoted to sponsoring academic research, workshops and conferences, and brings together researchers from various disciplines.