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Elke U. Weber and Ragnar E. Löfstedt

Teaches at Columbia Business School

Elke U. Weber, Co-Faculty Director
Jerome A. Chazen Professor of International Business Management

Professor Weber works at the intersection of psychology and economics. She is an expert on behavioral models of judgment and decision-making under risk and uncertainty. Recently, she has been investigating psychologically appropriate ways to measure and model individual and cultural differences in risk taking, specifically in risky financial situations and environmental decision-making and policy.

At Columbia Business School, she founded and co-directs the Center for Decision Sciences (CDS) and the Center for Research on Environmental Decisions (CRED); the CDS generates and facilitates interdisciplinary decision research relevant to the needs of real world decision makers while the CRED investigates ways of facilitating human adaptation to climate change.

Ragnar E. Löfstedt, Co-Faculty Director
Visiting Professor
Risk Management


Professor Löfstedt, Director of the King’s Centre for Risk Management at King’s College in London, is widely recognized for his work in evidence-based policy-making and proactive risk communication strategies. He is a believer in building public trust in regulators and industry via proactive risk communication and argues that high regulatory and industry trust is equivalent to low public perceived risk.

Professor Löfstedt has served as a senior advisor to the City of Vienna on risk communication and nuclear power and to the City of Gothenburg on climate change. He was also on the Academic Advisory Board of the UK National Patient Safety Agency, as well as a member of the European Food Safety Authority’s Advisory Group on Risk Communications.

Classes taught by Elke U. Weber and Ragnar E. Löfstedt

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