Prof. Morawetz invited Prof. Stefan Bode, who is currently a Visiting Fellow at the University College London, to hold a keynote lecture. Prof. Bode talked about the value of non-instrumental information. In his lecture he discussed recent research work that shows how humans intrinsically value obtaining information, even if this information is costly and cannot be used to maximise rewards (i.e. the information is “non-instrumental”). Prof. Bode demonstrated that people are willing to accept different types of costs for obtaining early non-instrumental information (e.g., about the outcome of a random lottery), and that the willingness to pay for this information depends on how valuable the early resolution of uncertainty is for individual decision-makers. In his speech he also showed how the neurocognitive mechanisms underlying information valuation are linked to neural networks involved in value and conflict processing.
During his stay in Innsbruck, Prof. Bode did not only give a keynote lecture at the Pscience Day, but also discussed ongoing and planned research projects with one of his long-term collaborators, Prof. Carmen Morawetz. The two reasearchers were also able to make plans for future collaborations where other members of the Department of Psychology at the University of Innsbruck and ... are involved.
BritInn supported Prof. Bode's visit to Innsbruck with a travel grant.
Read the full report here:
Pscience Day, June 2022