Decision Making under Uncertainty: Methodologies from Signal Processing & Forecasting

This jointly sponsored journal club will bring students from the engineering and business communities together to review seminal literature around decision theory in the context of signal and information processing.

Each session will include three presentations by meeting participants, each lasting 15 minutes with 5 additional minutes of discussion time. The focus of this journal club will be to broaden knowledge base and research scope for PhD students.

The journal articles can be selected from the Centre’s recommended list of articles on decision theory. A list will be emailed to all participants.

Download the flyer for these journal club sessions (pdf, 84KB)

Professor William Fitzgerald

Professor of Applied Statistics and Signal Processing, Department of Engineering, University of Cambridge

Dr Joan Lasenby

Senior Lecturer in Information Engineering, Department of Engineering, University of Cambridge

Michelle Tuveson

Executive Director, Cambridge Centre for Risk Studies, University of Cambridge


Arthur, W.B. (1994) “Inductive reasoning and bounded rationality.” The American Economic Review, 84(2): 406-411

Birnbaum, M.H. (2008) “Tests of cumulative prospect theory with graphical displays of probability.” Judgment and Decision Making, 3(7): 528-546

Cavagna, A. (1999) “Irrelevance of memory in the minority game.” Physical Review E, 59(4): R3783-R3786

Challet, D. and Zhang, Y.C. (1997) “Emergence of cooperation and organization in an evolutionary game.” Physica A: Statistical and Theoretical Physics, 246(3-4): 407-418

Challet, D., Marsili, M. and Zhang, Y.-C. (2005) Minority games. Oxford: Oxford University Press.

Hart, M., Jefferies, P., Johnson, N.F. and Hui, P.M. (2001) “Crowd-anticrowd theory of the minority game.” Physica A: Statistical Mechanics and Its Applications, 298(3-4): 537-544

Hod, S. and Nakar, E. (2002) “Self-segregation versus clustering in the evolutionary minority game.” Phys. Rev. Lett. 88(23): 238702

Kahneman, D. and Tversky, A. (1979) “Prospect theory: an analysis of decision under risk.” Econometrica, 47(2): 263-292

Lamper, D., Howison, S.D. and Johnson, N.F. (2001) “Predictability of large future changes in a competitive evolving population.” Phys. Rev. Lett., 88(1): 017902

Paczuski, M., Bassler, K.E. and Corral, A. (2000) “Self-organized networks of competing boolean agents.” Physical Review Letters, 84(14): 3185-3188

Reents, G., Metzler, R. and Kinzel, W. (2001) “A stochastic strategy for the minority game.” Physica A: Statistical Mechanics and Its Applications, 299(1-2): 253-261

Slanina, F. and Zhang, Y.-C. (2001) “Dynamical spin-glass-like behavior in an evolutionary game.” Physica A: Statistical Mechanics and Its Applications, 289(1-2): 290-300

Sunder, S. (2002) “Knowing what others know: common knowledge, accounting, and capital markets.” Accounting Horizons, 16(4): 305-318

Wakeling, J. and Bak, P. (2001) “Intelligent systems in the context of surrounding environment.” Physical Review E, 64(5): 051920