Marian Miner Cook
Athenaeum

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Human Decisions and Machine Predictions

Fri, April 1, 2016
Other
Jens Ludwig

Machine learning techniques provide a powerful way of making predictive inference from large sets of data. When used correctly, these tools can positively improve decisions in many contexts and compensate for the fallibility of human predictions. Professor Jens Ludwig will demonstrate an interesting direction for improving human decision-making by improving the quality of predictions that underlie highly consequential decisions.  

Jens Ludwig is the McCormick Foundation Professor of Social Service Administration, Law, and Public Policy at the University of Chicago, director of the University of Chicago Crime Lab, and co-director of the University of Chicago Urban Education Lab. He also serves as a non-resident senior fellow in economic studies at the Brookings Institution, research associate of the National Bureau of Economic Research (NBER), co-director of the NBER's working group on the economics of crime, and co-director of the new crime initiative launched by the Jamal Abdul Lateef Poverty Action Lab at MIT.

In 2008, Ludwig helped found the Crime Lab to partner with cities around the country to carry out large-scale policy experiments to identify more effective (and humane) ways to help prevent crime and violence, and reduce the social harms associated with the administration of criminal justice. The Crime Lab is a recipient of a $1 million MacArthur Award for Creative and Effective Institutions, the organizational equivalent of the foundation’s “genius prize” for individuals. He is currently on the editorial board of the American Economic Review and was formerly co-editor of the Journal of Human Resources. In 2012 he was elected to the Institute of Medicine of the National Academies of Science.

Professor Ludwig is the keynote speaker for the 7th Annual Southern California Conference in Applied Microeconomics (SoCCAM) which is sponsored by the Lowe Institute of Political Economy.

 

Marian Miner Cook Athenaeum

Claremont McKenna College
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