School of Business and Economics


13 Jan 2016

Professor Montibeller wins the Society for Risk Analysis best paper prize

Staff photo of Gilberto Montibeller Prof Montibeller

Gilberto Montibeller, Professor of Management Science, who has recently joined the SBE’s Management Science and Operations Group coming from London School of Economics, has won the Society for Risk Analysis best paper award.

The prize, which is given to papers that have made the most significant impacts to the theory or practice of risk analysis, was awarded during the Society’s annual conference this past December in Washington, DC.

The paper (‘Cognitive and Motivational Biases in Decision and Risk Analysis’) was co-authored with Prof Detlof von Winterfeldt (University of Southern California, USA) and provides a comprehensive analysis of the biases that affect experts and decision makers whenever judgments are elicited using decision and risk analytic modelling. It also covers the de-biasing strategies employed by decision analysts to improve such judgments.

These models are being extensively used to support policy making and business decisions worldwide, underpinning the importance of making sure that the judgments represented are unbiased and thus improve the quality of the decision and risk analysis.

Professor Montibeller is an expert on strategic decision and risk analysis, and is area editor of the Journal of Multi-Criteria Decision Analysis. His main research interests are on the links between behavioural decision research and decision analytic modelling and on the formal conceptualisation of decision-aiding practices. 

As a decision scientist, Professor Montibeller has more than 20 years of experience in conducting decision analytic projects for private and public organisations, in Europe, Britain and South America. Client organisations include Defra, UK National Audit Office, World Health Organisation (WHO), Food and Agriculture Organization of the United Nations (FAO), Babcock International, Itaipu Binational (Brazil and Paraguay), and the Brazilian Centre for SMEs (SEBRAE), among others.

Two of his main areas of applications are resource allocation against emerging threats, particularly health and terrorist ones, and multi-criteria health prioritisations.

For a full list of Professor Montibeller’s publications and access to the full papers see:

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