The Federmann Center for the Study of Rationality is a unique venture in which faculty, students, and guests join forces to explore the basis of decision-making. Coming from a broad sweep of departments (mathematics, economics, psychology, biology, education, computer science, philosophy, business, statistics, law, sociology, and political science), its members look at how rationality — which, in decision-making, means the process by which individuals, groups, firms, plants, and other entities choose the path of maximum benefit — responds to real-world situations where individuals with different goals interact. Read more