Carlos Alós-Ferrer (born November 22, 1970, in

Moncofa Moncofa (in valencian and officially, in Spanish ''Moncófar'') is a municipality of the Province of Castellón in the Valencian Community, Spain. Notable people * Pere Martí Pere Martí Castelló (; born 22 January 1982) is a Spanish forme ...

, Spain) is a neuroeconomist, decision theorist, and game theorist, a full professor of economics at

Lancaster University Lancaster University (officially The University of Lancaster) is a collegiate public university, public research university in Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several new univer ...

(U.K.), and the current editor in chief of the '' Journal of Economic Psychology''. He is also a regular contributor to

Psychology Today ''Psychology Today'' is an American media organization with a focus on psychology and human behavior. The publication began as a bimonthly magazine, which first appeared in 1967. The print magazine's reported circulation is 275,000 as of 2023. ...

, where he writes abou
Decisions and the Brain
He holds a M.Sc. in mathematics from the

University of Valencia The University of Valencia ( ), shortened to UV, is a public research university in Valencia, Spain. It is one of the oldest universities in Spain, and the oldest in the Valencian Community. It is regarded as one of Spain's leading academic i ...

(Spain, 1992) and a Ph.D. in economics from the

University of Alicante The University of Alicante (, ; , ; also known by the acronym ''UA'') was established in 1979 on the basis of the Center for University Studies (CEU), which was founded in 1968. The university main campus is located in San Vicente del Raspeig/San ...

(Spain, 1998). He has been assistant professor at the

University of Vienna The University of Vienna (, ) is a public university, public research university in Vienna, Austria. Founded by Rudolf IV, Duke of Austria, Duke Rudolph IV in 1365, it is the oldest university in the German-speaking world and among the largest ...

(Austria, 1997–2002), associate professor at the

University of Salamanca The University of Salamanca () is a public university, public research university in Salamanca, Spain. Founded in 1218 by Alfonso IX of León, King Alfonso IX, it is the oldest university in the Hispanic world and the fourth oldest in the ...

(Spain, 2002–2004), and associate professor at the University of Vienna (2004–2005). He became a full professor of microeconomics at the

University of Konstanz The University of Konstanz () is a university in the city of Konstanz in Baden-Württemberg, Germany. Its main campus was opened on the Gießberg in 1972 after being founded in 1966. The university is Germany's southernmost university and is ...

(Germany, 2005) and later moved to the

University of Cologne The University of Cologne () is a university in Cologne, Germany. It was established in 1388. It closed in 1798 before being re-established in 1919. It is now one of the largest universities in Germany with around 45,187 students. The Universit ...

(Germany, 2012). From 2018 to 2024, he was an untenured, fixed term professor of decision and neuroeconomic theory at the

University of Zurich The University of Zurich (UZH, ) is a public university, public research university in Zurich, Switzerland. It is the largest university in Switzerland, with its 28,000 enrolled students. It was founded in 1833 from the existing colleges of the ...

(endowed by the NOMIS foundation). In 2024, he moved to

Lancaster University Management School Lancaster University Management School (LUMS) is the business school of Lancaster University in Lancaster, England. The school's history can be traced back to the establishment of departments of marketing and of operational research at the u ...

as Chair in Economics. Alós-Ferrer has worked extensively in

game theory Game theory is the study of mathematical models of strategic interactions. It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. Initially, game theory addressed ...

bounded rationality Bounded rationality is the idea that rationality is limited when individuals decision-making, make decisions, and under these limitations, rational individuals will select a decision that is satisficing, satisfactory rather than optimal. Limitat ...

social choice Social choice theory is a branch of welfare economics that extends the theory of rational choice to collective decision-making. Social choice studies the behavior of different mathematical procedures ( social welfare functions) used to combine i ...

, and

behavioral economics Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economi ...

. From 2012 to 2018, he was speaker of the interdisciplinary research unit "Psychoeconomics," which used methods from psychology, economics, and neuroscience to study human decision making, and was funded by the

German Research Foundation The German Research Foundation ( ; DFG ) is a German research funding organization, which functions as a self-governing institution for the promotion of science and research in the Federal Republic of Germany. In 2019, the DFG had a funding bud ...

(DFG). Since January 2019, he is the editor in chief of the '' Journal of Economic Psychology''. His research interests are

neuroeconomics Neuroeconomics is an Interdisciplinarity, interdisciplinary field that seeks to explain human decision-making, the ability to process multiple alternatives and to follow through on a plan of action. It studies how economic behavior can shape our u ...

decision theory Decision theory or the theory of rational choice is a branch of probability theory, probability, economics, and analytic philosophy that uses expected utility and probabilities, probability to model how individuals would behave Rationality, ratio ...

, and evolution and learning in games and markets.

Selected publications

* Alós-Ferrer, Carlos, Jaume García-Segarra, and Alexander Ritschel (2022). ''Generous with Individuals and Selfish to the Masses'', Nature Human Behaviour, 6, pp. 88-96. . *Alós-Ferrer, Carlos, Ernst Fehr, and Nick Netzer (2021). ''Time Will Tell: Recovering Preferences when Choices are Noisy'', Journal of Political Economy, 29 (6), pp. 1828-1877. *Alós-Ferrer, Carlos (2018). ''A Review Essay on Social Neuroscience: Can Research on the Social Brain and Economics Inform Each Other?'', Journal of Economic Literature, 56 (1), pp. 234–264. * Alós-Ferrer, Carlos and Klaus Ritzberger (2016). ''The Theory of Extensive Form Games''. Springer-Verlag Berlin Heidelberg. . * Achtziger, Anja and Carlos Alós-Ferrer (2014). ''Fast or Rational? A Response-Times Study of Bayesian Updating'', Management Science, 60 (4), pp. 923–938. * Achtziger, Anja, Carlos Alós-Ferrer, Sabine Hügelschäfer, and Marco Steinhauser (2014). ''The Neural Basis of Belief Updating and Rational Decision Making'', Social Cognitive and Affective Neuroscience, 9 (1), pp. 55–62. * Alós-Ferrer, Carlos and Nick Netzer (2010). ''The Logit-Response Dynamics'', Games and Economic Behavior, 68 (2), pp. 413–427.

References

External links

Professional webpage
{{DEFAULTSORT:Alós-Ferrer, Carlos Living people 1970 births Academic staff of the University of Zurich University of Valencia alumni People from Plana Baixa University of Alicante alumni